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What will be the damage when the UK leaves the EU single market?
via abc.net.auDuring the Brexit referendum, Theresa May made it clear that if the UK left the EU and the single market, Britain would be worse off. Now as prime minister, she is leading the push to leave both institutions, Steve Cannane writes. -
Wall St slips, FTSE drops on May's hard Brexit plan
via abc.net.auCurrency markets dominate trading action overnight, with the US dollar weakening and the pound rebounding on political statements. -
Business confidence spikes despite lack of trust in policy
NewsSmall and medium business confidence had surged to the highest level since early 2010 with an eight point rise on a net basis. -
Banks defy FOFA approach for mortgage brokers
Policy & regulationsThe banks-sponsored Sedgewick Retail Remuneration Review has revealed a banking sector reluctant to apply FOFA norms to mortgage brokering lest they lose market share. -
Total personal insolvencies up in December
Financial planningTotal personal insolvencies increased by 0.9 per cent in the December quarter 2016 compared to the same period a year before, according to AFSA. -
ClearView makes key appointments
Insurance & propertyClearView has appointed Renee Hancock as head of research and development and Jeffrey Scott as head of product to drive growth. -
No systemic issues spotted in bank review
Financial planningA review into bankers’ pay and commissions has not identified any systemic issues that justified the complete scrapping of product based payments made to bank staff, the ABA said. -
ASIC’s review of mortgage broking in spotlight
Policy & regulationsThe results of an Australian Securities and Investments Commission review of mortgage broking may prove pivotal in changing commission arrangements. -
India's economy takes hit after currency swap
via abc.net.auTwo months since India's two biggest banknotes were invalidated overnight to fight graft things are slowly returning to normal, but change has come at a cost to one of Asia's fastest-growing economies. -
Mining sector looking up as rising commodity prices drive new projects
via abc.net.auThere is renewed optimism for Tasmania's mining sector with commodity prices on the rise and major projects on the drawing board, including plans for a tin mine operation in the state's north-west. -
Over 55s hardest hit by 'invasive' identity theft: Scamwatch
via abc.net.auAlmost a third of all people to report having their identity stolen last year are over the age of 55, according to figures from the Federal Government's Scamwatch website. -
Xi Jinping defends free trade at World Economic Forum
via abc.net.auChinese President Xi Jinping offers a vigorous defence of free trade at the World Economic Forum in Davos, in a speech underscoring Beijing's desire to play a greater global role as the United States turns inward. -
Britain will leave EU single market: May
via abc.net.auBritain will leave the European Union's single market when it exits the bloc, Prime Minister Theresa May has says, putting an end to speculation that London might try to seek a "soft Brexit". -
Minister stands by decision to approve Goldfields uranium mine
via abc.net.auWestern Australia's Environment Minister defends his decision to back Canadian mining company Cameco's Yeelirrie uranium project, despite the environmental watchdog advising against it. -
Minister stands by approval of Goldfields uranium mine
via abc.net.auWestern Australia's Environment Minister stands by the Government's decision to back Canadian miner Cameco's Yeelirrie uranium project, against the advice of its own environmental watchdog. -
Flying car prototype to be ready by end of 2017: Airbus
via abc.net.auAirbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year. -
Garlic bread recalled after fears of plastic contamination
via abc.net.auAnyone with garlic bread in the fridge or freezer is advised to check their packets after a major manufacturer issued a recall on a large range of products. -
Telco union officials lured into 'catastrophic' identity fraud scam
via abc.net.auIt started off with a series of suspicious emails and ended in a catastrophic con that saw scammers gain access to union officials' phones, private social media accounts and even their bank accounts. -
Property investors lead home loan surge
via abc.net.auHousing investors lead a strong jump in mortgage lending in November, adding credence to other signs of a bounce in the Australian housing market. -
ASIC cancels AFS licence for Sydney company
Financial planningASIC has cancelled the AFS licence of a Sydney-based firm, Core Insurance, for failing to lodge financial statements and auditor reports. -
Rio Tinto steps up production as iron ore prices surge
via abc.net.auSurging iron ore prices and increased production drive Rio Tinto's share price to an almost two-year high. -
Aussies confident in life insurance
Insurance & propertyA total of 83.4 per cent of Australian adults are confident that their life insurance claim payments wil -
Bill Shorten 'weak' for giving up on TPP, Trade Minister says
via abc.net.auTrade Minister Steve Ciobo says the Trans-Pacific Partnership could still gain the support of the United States, calling Opposition Leader Bill Shorten "weak" for talking down the trade deal. -
IMF lifts US growth forecasts on Trump but warns of increasing global risks
via abc.net.auThe International Monetary Fund is predicting that Donald Trump's plans for big spending increases and tax cuts in the United States are likely to spur a wave of economic growth, but also warns it carries significant risks.
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