Results wrap: Origin Energy, QBE and Treasury Wine Estates

Several major companies have reported their results today — including Telstra, which posted an 8.4 per cent slide in profit. QBE, Treasury Wine Estates and Origin Energy also reported their earnings. Origin climbs to profit Origin Energy has posted a $218 million full-year profit, after bouncing from its $2.2 billion …

Read More »

Big banks better for customers than small banks? Not necessarily

Yet again this week, the Hayne royal commission has brought disturbing news of misconduct toward customers of our largest financial institutions. This time super accounts have been plundered for the benefit of shareholders. Recent research from economists at the United States Federal Reserve suggests this problem is not unique to …

Read More »