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The Australian
 

Good afternoon,

ASX Ltd chief executive Helen Lofthouse has thrown her support behind chair Damian Roche in the face of calls for his resignation, on a day when it also revealed it restored bonuses despite the growing crisis that it allegedly misled the market about its troubled technology upgrade. 

Workers brought in to fix a power station battery have described inheriting a 'total cluster' as the company gambled with using 'the cheapest sh..', a court has heard as the investigation of the explosion at CS Energy's Callide C site in Queensland continues. 

And what happens when your mortgage outlives your career? If you’re aged 55 to 64 with a mortgage don’t panic , there are a few tricks to know to help move towards a happy retirement.

Perry Williams
Business editor
The markets


Commentary
CBA ahead of the pack but not as far as Comyn says
By JOHN DURIE
Columnist
When you are riding a price-earnings multiple expansion like Matt Comyn at CBA, maybe you get to selectively use numbers to distort fact.
Latest news
Bonuses back as ASX acts like nothing has happened
Its chairman got $550,000, the now CEO took home $3.8m and others including the chief risk and finance officers were paid as though the unfolding train wreck at the ASX is nothing but a tech glitch.
ERIC JOHNSTON
NAB’s third quarter cash earnings sliced 7.8pc
NAB boss Andrew Irvine says deteriorated assets were ‘not unexpected’ as inflationary pressures triggered a $118m impairment.
By DAVID ROSS
The results are out so are your favourite stocks good value now?
Now that we have the results from the top companies, we can see which ones are bargains and which are likely overpriced. Here’s the top six to ponder:
By JAMES KIRBY
Inside the private world of India’s wealthiest woman
She’s been called one of the most powerful women in the world and is the heiress to a $US36.5bn tech empire fortune, but Roshni Nadar Malhotra is more than an entitled, flashy billionaire.
By DAMON KITNEY
Whitehaven to slash jobs at two Queensland coal mines
The miner will cut almost 200 jobs from the two Queensland mines it bought from BHP earlier this year, as it moves to streamline operations.
By GLEN NORRIS