Business
Banking & finance
Buy now, pay later: Will Afterpay's shareholders foot the bill?
Afterpay provided another masterclass this week in demonstrating why the buy now, pay later outfit is the most polarising stock on the local sharemarket.
- by Colin Kruger
Latest
Opinion
Regulation
ASIC expense scandal puts chairman and deputy in the gun
ASIC sat on this shocking revelation for a year and did nothing until the Auditor-General Grant Hehir made the extraordinary decision of writing to the Treasurer.
- by Adele Ferguson
National Australia Bank
NAB lifts customer payout bill, makes flexible work permanent
NAB has expanded its remediation bill and plans to make flexible work permanent in a series of expenditures that will impact its half-year financial earnings.
- by Charlotte Grieve
Mergers & acquisitions
'Materially undervalued': Link rejects $2.8b takeover bid
Link has pushed back against a takeover proposal by a consortium of private equity firms. Those firms are now weighing up whether to continue negotiations or walk.
- by Charlotte Grieve
ACLEI
Probe into Border Force payments to arms manufacturer 'serious and ongoing'
Integrity Commissioner Jaala Hinchcliffe was questioned during a Senate estimates hearing about milestone payments to arms manufacturer Austal.
- by Charlotte Grieve and Nick McKenzie
Governance
AMP Capital sees $2.1 billion outflows as scandal continues to bite
Super funds and institutional clients are abandoning AMP Capital after the botched sexual harassment case continues to hurt the company's reputation.
- by Charlotte Grieve
Opinion
Tax avoidance
Morrison must lift the veil on corporate secrecy
If companies break Australian law, we need to know that the ultimate owners can be held to account and not vanish behind a shell company.
- by Clancy Moore
Shares
Westpac dumps Zip stake following deal with rival Afterpay
Westpac has announced it will dump its stake in Zip Co just one day after it signed a deal with its buy now, pay later rival Afterpay.
- by Colin Kruger
AUSTRAC crackdown
'Integrity' of financial system at stake as $1.3b Westpac fine upheld: Federal Court
Justice Jonathan Beach said the integrity of Australia's financial system depends on compliance with anti-money laundering laws in handing down his decision to approve the $1.3 billion fine.
- by Charlotte Grieve
Investigation
Operation Atlantis
Westpac's ties to Puerto Rico bank Euro Pacific spark calls for financial crime reform
Correspondent bank relationships enable Australians to send money overseas. But are major banks, like Westpac, doing everything they can to stop criminal activity?
- by Charlotte Grieve and Nick McKenzie
Startups
Afterpay's scale chasing Westpac deal triggers share price spike
The buy now, pay later heavyweight's shares have pushed past the $100 mark as it jumps on board Westpac's digital platform to mine more data from its customers.
- by Cara Waters