AMP accused of allowing planners to rewrite insurance policies for gain

The wealth and life insurance business is accused of allowing a group of its financial planners to boost their commissions by inappropriately rewriting insurance policies for two years after the practice was uncovered. [Read entire story]

Wages rise to the sound of one hand clapping

Insipid wage growth is fast becoming the economy's biggest problem. It will post a rise this week, but not enough to change things. [Read entire story]

Big was not beautiful in financial year 2016

Australia's biggest firms had among the worst results in financial year 2016, with smaller large-caps and mid-caps outperforming. [Read entire story]

Wages growth continues to stagnate: ABS

Australian workers continue to endure historically low wages growth, with base pay packets up just 0.5 per cent last quarter. [Read entire story]

QBE unveils plunge in profit, shares follow

Globally focussed insurer QBE has unveiled a 46 per cent plunge in half-yearly profit amid tougher market conditions and ongoing problems with its US operation. [Read entire story]

Chinese trade remains weak as imports and exports continue to fall

China's trade data once again disappoints with both imports and exports falling more than expected, but the news is not all bad for the big Australian resource businesses. [Read entire story]

GDP: Can Australia’s growth spurt last?

Stephen Letts unpacks this week's GDP figures and finds Australia's current economic growth spurt could come at a cost. [Read entire story]

Five reasons ‘oil bulls’ are wrong in supply and demand debate

The International Energy Agency issues a blunt slap down to the so-called "oil bulls" who see an imminent rebound in prices and the market returning to a more stable supply and demand equilibrium. [Read entire story]

Mirvac profit surges on residential boom

Property group Mirvac reports a 36 per cent increase in profit on the back of a record year of residential pre-sales. [Read entire story]

AGL and Origin both slash asset values

AGL sees its full-year profit tumble 61 per cent on the back of substantial write-downs in value of many of its gas producing assets, while Origin also flags big write-offs. [Read entire story]

This week in business: August profit reporting season gets rolling

The August profit reporting season gets rolling this week, but really does not get out of first gear with only a handful of companies trotting out their full year results. [Read entire story]