Deputy governor says initial plans may have been ‘overly conservative’ and central bank ‘looking very hard’ at alternatives

The chances of claims management companies landing another big blow against the banks are fading

Coles has been found to have misled its supermarket customers over discounts – and could now face hundreds of millions of dollars in penalties.

In a landmark case, Federal Court Justice Michael O'Bryan found 13 out of 14 sample sale tickets examined in the case had not offered genuine discounts, because Coles had not sold the products at a higher price for a reasonable period before promoting them with “Down Down” discounts.

The president came into office planning harsher trade moves on China than on the rest of the world. Here’s why he’s had to scale them back.