ASIC bans Perth financial adviser

The corporate watchdog has banned a former financial planner who worked for HSBC after he engaged in dishonest conduct involving more than $4 million.
Some Telstra customers affected by the telco's network problem last week have received a $25 credit and a new modem.
Seven West Media is in talks to buy Perth's Sunday Times newspaper from Rupert Murdoch's News Corp, but the ACCC may have some concerns.

Bank of Queensland director resigns

Bank of Queensland's non-executive director Neil Berkett has resigned from the board after three years with the lender.
Credit rating agency Fitch believes low interest rates and government tax policies have likely contributed to risks including rising household debt.
Alphabet's Google has won a major legal victory against Oracle Corp over its use of Oracle's Java development platform.

SWIFT malware linked to Sony hack

SWIFT malware has now been linked to a cyber attack on Sony Pictures in 2014, and banks in the Philippines and Vietnam as well as Bangladesh.
Gawker Media, recently sued by wrestler Hulk Hogan over the publication of a sex tape, is reportedly considering its sale options.

Debelle announces global FX code

RBA assistant governor Guy Debelle says a new code of conduct will help restore trust in the foreign exchange market.
UK business investment fell by 0.4 per cent year-on-year in the first quarter after rising 3.0 per cent in the fourth quarter of last year.
Outgoing Iluka boss David Robb says the company has the financial strength to do everything it wants.
Australia now has a record 53 billionaires, but mining magnate Gina Rinehart's wealth has been hit by the mining downturn and legal troubles.

RBA caps card payment surcharges

Consumers will no longer be hit with excessive surcharges on credit card payments under new rules set out by the Reserve Bank.
Sydney's association with rum is about to enter a new phase as plans emerge for a new rum distillery in the harbour city, 200 years after the Rum Rebellion
Business investment fell 5.2 per cent in the March quarter, a sharper decline than most expected.

Editor's Choice

Our pick of the best content from SBS News & Current Affairs and our content partners.

One summer morning in London, Gill Hicks boarded the train at the same stop as a suicide bomber.
Think we're entering the fourth week of the election campaign? Think again.
If you're living in Australia then you have benefited from the demise and destruction of Indigenous culture. So why is it so hard to say sorry, asks Brooke Boney.
Olympian Safwan Khalil is a fighter in every sense of the word - a taekwondo athlete whose Lebanese heritage helped him establish a solid work ethic.

Australia's first piano revealed

For the first time in its 230-year history, Australia’s first piano will soon be on show to the public since it arrived on the First Fleet.
An exemption to a long-standing tradition in Switzerland has prompted education authorities to hand down a controversial ruling for Muslim students.
Cultural heritage can play a major part in the success stories of many Australians. This SBS series, Identity Matters, looks at how influences from the motherland...