Australian buy-now, pay-later group Afterpay will merge with US digital payments giant Square in a deal worth $39 billion.
Hedge funds with bullish bets on the Australian dollar are counting on strong inflation data this week to help arrest a slide in the currency that’s taken it to an eight-month low.
Bitcoin has held around $US32,000 ($43,500) in a consolidation of a rebound stoked by comments from Elon Musk, Jack Dorsey and Cathie Wood on the future of the largest cryptocurrency.
Bitcoin’s slide has accelerated, with the coin drifting towards $US31,000 ($41,680) once again while strategists eye a potential break lower.
Vildana Hajric and Claire Ballentine
The federal government is taking further action on a number of recommendations of the financial sector royal commission.
The corporate regulator has ended its investigation into AMP after it was decided no charges would be laid over fees-for-no-service conduct.
A Judge has fired a warning shot ahead of knocking back a KPMG application for sweeping security over wreckage of Chris Brown’s failed bet hedging empire.
Shares in market darling Afterpay have nosedived as big name global brands jostle for pole position in the booming buy now, pay later sector.
Like the original space race — a Cold War battle for aerospace supremacy between the USA and Soviet Union — the 21st century version is about prestige and ego. But this time it’s between billionaires.
Reserve Bank governor Philip Lowe says borders remaining shut for an extended period would see wages growth pick up more quickly than expected but come at a significant economic cost.
Danielle Le Messurier
Treasurer Josh Frydenberg has announced the reappointment of Guy Debelle as deputy governor of the Reserve Bank of Australia for another five-year term.
Colin Brinsden, AAP Economics and Business Correspondent
Packer & Co has defended the cautious stance that deprived its western suburbs investors of bumper returns, saying it fears a major financial meltdown with ‘dangerously overvalued’ share prices.
A friend presents them with a deal they would be foolish to refuse. Their money would work for them, they would have a brighter future — instead they lose thousands. So why do we fall for it?
Aussie bulls will be gnashing their teeth after the slow pace of vaccinations in Australia led to lockdowns that are hurting the currency.
Michael G. Wilson
Chinese banks’ stockpile of foreign currency deposits has surpassed $US1 trillion ($1.3tr) for the first time, creating an opportunity for Beijing to liberalise the country’s capital account.
The State’s Industrial Relations Commission has rejected calls for a wage freeze for WA’s lowest-paid workers, saying the economy had rebounded strongly from the depths of the pandemic chaos.
China's latest crackdown on cryptocurrencies has weighed on Bitcoin, which has fallen below $US30,000 for the first time since January.
In an Australia first, NSW public sector employees devastated by the miscarriage of a child will be able to access special leave.
After a slew of news related to renewed crackdowns from China triggered a Bitcoin sell-off, chartists and analysts are turning to a sinister-sounding technical signal.
Australia’s sovereign wealth fund is keeping billions in cash in a bid to be able to move quickly when markets get jittery over how central banks react to signs of brewing inflation.
Matthew Burgess and David Scanlan
ASIC has claimed victory in a legal campaign to permanently ban former WA financial planner Robert Hutchison for depositing fee cheques into his personal bank account.
What happened when a seasoned personal finance writer bit the bullet and took a gamble on Bitcoin and other cryptocurrencies? Here’s what he learnt after one wild ride ...
Up to 600,000 Australian cryptocurrency traders are about to have their details handed over to the Australian Tax Office.
Incoming Real Housewives of Melbourne star Kyla Kirkpatrick has built an impressive property portfolio. Here’s how the “Champagne Dame” did it.
© West Australian Newspapers Limited 2020