S&P points to ANZ capital shortfall

S&P points to ANZ capital shortfall

Dec 6, 2019 — 12.00amS&P Global Ratings warned ANZ will need to raise more money to meet New Zealand's aggressive capital benchmarks. CEO Shayne Elliott shot down the suggestion, saying he was confident it could meet the new hurdles without a capital raising.Under NZ's capital regime the big four banks will be required to hold…
This stock bear is waiting for one clear signal to jump back into markets – MarketWatch

This stock bear is waiting for one clear signal to jump back into markets...

Our call of the day comes from a stock bear who says he needs to see one clear signal before he starts jumping back into stocks.
Gucci’s owner has reportedly held talks to buy Moncler in a potential $12 billion deal

Gucci’s owner has reportedly held talks to buy Moncler in a potential $12 billion...

Gucci's owner has reportedly held talks to buy Moncler in a potential $12 billion deal
Late-night hosts mock Trump’s response to open mic moment – CNN

Late-night hosts mock Trump’s response to open mic moment – CNN

Trevor Noah, James Corden, Jimmy Fallon, and Jimmy Kimmel took turns poking fun at President Donald Trump's reaction to a video showing world leaders apparently joking about him at a NATO event at Buckingham Palace.
Tax slug on income and profits second-highest in world

Tax slug on income and profits second-highest in world

Dec 5, 2019 — 9.00pmAustralia has the second-highest tax slug on personal income and business profits combined out of 34 of the world's leading economies, new figures show, renewing pressure on the Morrison government to embark on substantial tax reform to stimulate the soft economy.An international tax report by the Organisation for Economic Co-operation and…
Caver Unsworth testifies he felt ‘dirtied’ by Musk’s ‘pedo guy’ tweet – The Verge

Caver Unsworth testifies he felt ‘dirtied’ by Musk’s ‘pedo guy’ tweet – The Verge

Day two of testimony in the defamation trial over Elon Musk’s “pedo guy” tweets. Musk took the stand in the morning; caver Vernon Unsworth, who brought the suit, took the stand in the afternoon.
What the past two decades of politics can teach you

What the past two decades of politics can teach you

OpinionWhen it comes to big reforms in politics, take what is on offer because it will be decades, if ever, before you get another chance.Phillip CooreyPolitical EditorIf you are somebody who worries about climate change and believes Australia should be a republic, it has been a rough few days.Conversely, for those happy with global warming…
Biden slams Trump in new ad: ‘We need a leader the world respects’ – Business Insider

Biden slams Trump in new ad: ‘We need a leader the world respects’ –...

Former Vice President Joe Biden's campaign ad featured footage of world leaders mocking President Donald Trump at the NATO reception on Tuesday.
Ralan director asks unit buyers to set aside hatred and take his deal

Ralan director asks unit buyers to set aside hatred and take his deal

Dec 5, 2019 — 6.41pmDeveloper Ralan director William O'Dwyer has embarked on a roadshow of meetings this week to convince the victims of his collapsed company to buy more apartments from a mysterious developer "Mr X" in order to recover their losses.Apartment buyers and Ralan's unsecured creditors – many of them of Chinese background –…
Boral hit by ‘financial irregularities’ in US windows

Boral hit by ‘financial irregularities’ in US windows

Dec 5, 2019 — 6.14pmBuilding products group Boral has begun a forensic investigation into ''financial irregularities'' in its North American windows operations which could result in a one-off earnings hit of up to $US30 million ($44 million).Boral chief executive Mike Kane said late on Thursday the company was undertaking a ''comprehensive and urgent investigation of…