Ratings agency Moody's Investors Service has warned that housing affordability for a new borrower, measured as the proportion of household income needed to meet mortgage repayments, has deteriorated.
Sarah Turner and Jessica Sier The Australian share market finished marginally higher on Wednesday but managed to extend a nine-session rally as the index approaches six-month highs.
Jessica Sier and Patrick Commins A hot run on the ASX has added over $100b to the sharemarket over nine sessions and shattered a five-month trading range. Is the global bull at the door?
Cole Latimer Origin will forge ahead with its renewable energy plans, despite new a government energy policy requiring more coal-fired power.
Margaret Collins and Katherine Burton The legendary investor is giving his foundation a big inflow of money in part to minimise a tax bill hedge fund managers are facing this year.
Jennifer Ablan High-profile investor Marc Faber provoked a backlash from business television and investment management firms on Tuesday after comments in his latest newsletter suggested the United States had only prospered because it was settled by white people.
Sarah Turner & Patrick Commins Shares extend their rally into the ninth session, helping push the benchmark ASX 200 index above 5900 points for the first time in almost six months.
Lucas Shaw and Spencer Soper Roy Price resigned as the head of Amazon's movie and TV studio after a producer detailed her allegations of sexual harassment in a news report.
Kevin McCoy A tough New York real estate market, a $US25 million lawsuit settlement and the costly presidential campaign all contributed to the decline, Forbes Magazine says.
Chris Weston Futures suggest that the Australian share market will open lower on Wednesday ending the hot streak it had over the past eight trading sessions.