Call us on 1300 794 893

Business News

5 things you need to know today

| More

Published on: Tuesday, March 05, 2019

1. Prime Minister Scott Morrison has described a Shorten government as being an "economic leap in the dark" at The Australian Financial Review Business Summit yesterday, and said that "the contrast at this election between the economic plans of the Coalition and Labor is greater than it has been for 40 years."

2. Commonwealth Bank of Australia's former CEO Ian Narev and current chairman Catherine Livingstone, as well as other executives and directors, are being interviewed by ASIC as the regulator considers launching a case related to the bank's response to money laundering concerns raised by the Australian Transaction Reports and Analysis Centre in 2016.

3. The ABC's former managing director Michelle Guthrie was paid almost $500,000 to drop her unfair dismissal law suit against the broadcaster according to a report by the AFR.

4. Wall Street stocks have begun the week lower, with the Dow Jones falling 0.79%. The S&P 500 slipped back below the 2,800-point level after a 0.39% fall, while the Nasdaq closed down 0.23%.

5. All of the previous emergency warnings for bushfires across Victoria have been downgraded to 'Watch and Act' with six fires still burning out of control.


New on Switzer

blog comments powered by Disqus

  THE SWITZER FEED
Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300