ANZ Banking Group's chief executive thinks the world can handle the end of US economic stimulus measures but warns that Australia's Financial System Inquiry may damage the local economy.
Wall Street stocks have finished lower after the US Federal Reserve ended its quantitative easing stimulus program, but said it would continue to keep its benchmark interest rate low.
Rules are costing Western Australians $37 billion every year and an average of eight hours a week complying with self-imposed red tape, a new Deloitte report has found.
Wall Street stocks have finished little changed as the market absorbed losses in petroleum stocks while looking ahead to a two-day US Federal Reserve monetary policy meeting.
ANZ says "an abundance of caution" led it to request a stop to trading of its shares after the bank accidentally published its own profit data on its website.
US equities have enjoyed their best week in months as buying fever returns to the market on solid earnings and easing anxiety about the Ebola virus outbreak.