Insights

Scribes say David Gonski is well suited to chair ANZ, with one noting his journey to the top has been a long time coming.

Although a crisis was averted in the nick of time, the shutdown hurt America's economic clout. It will encourage the world's gradual shift from the greenback.

Reports that Future Fund chairman David Gonski plans to quit to take up the chairmanship of ANZ may read like transition serendipity, but in the game of musical chairs someone has to lose their seat.

A week after managing to get voted back in as chairman of Treasury Wine Estates, Paul Rayner will faced renewed pressure to sell its value-destroying US wine business after a multimillion-dollar class action casts a pall over the company.

Treasury Wine Estates, the world's biggest pure-play winemaker, has one more contentious issue to juggle as it searches for a new CEO and is staring down the barrel of a multimillion-dollar class action from aggrieved shareholders.

Industry Super Australia has appointed former climate change minister Greg Combet as its adviser ahead of the "son of Wallis" financial systems inquiry.

A small Australian company has benefited from Greenland's decision to relax its hardline stance against uranium mining.

Argo Investments has warned of weak earnings growth in Australia over the coming year as subdued economic conditions force companies to cut costs.

The sharemarket closed at a five-year high as the big banks lifted before the release of NAB and ANZ results.

The US economy has largely completed its process of debt repayment in the private sector that began as a consequence of the global financial crisis, a former director of the US Congressional Budget Office says.

Higher house prices, lower interest rates and an improvement in business confidence after the October federal election are tipped to lead to better Christmas trading for retailers and office landlords, according to GPT Group.

Rising rents and wages, stagnant sales and steep discounting from competitor Kathmandu are to blame for the collapse of adventure-wear retailer Snowgum, managing director Ross Elliott says.

Bendigo and Adelaide Bank has urged the government to put the big banks' dominance under a microscope as part of its inquiry into the financial system, saying the industry lacks a level playing field.

Oops, that wasn't in the flight plan

From humble home services to rural concerns, digital technology is revolutionising the way even the smallest and most traditional businesses manage their operations.

Toshiba will launch a multifunction printer on Tuesday capable of wiping ink from printed pages and reprinting them up to five times. It would be suitable for the thousands of draft and proof documents printed each year, the company said.