Embrace foreign investment: Nufarm’s Rathbone

Embrace foreign investment: Nufarm’s Rathbone

Nufarm managing director Doug Rathbone says farmers must embrace foreign investment to capture the benefits of a global food boom, which is fuelling greater interest in Australian assets.

Street Talk

Spotless IPO slated for 2014

Spotless IPO slated for 2014

Spotless Group could be returning to the stock exchange as early as 2014 in an initial public offering worth $1.5 billion to $2 billion.

KordaMentha looks to turn businesses around

KordaMentha might be associated with administrations and receiverships of failed companies but increasingly its focus is turning to fixing up businesses, rather than cutting them up.

Republicans push US government closer to shutdown

The US government has edged closer to a shutdown as Republicans in the House of Representatives promised to reject an emergency spending bill approved by the Senate and push instead for a one year delay of President Barack Obama's healthcare reform law.

Shorten calls for probe into Brandis, Joyce expenses

Coalition front-benchers George Brandis and Barnaby Joyce must address allegations they claimed thousands of dollars in taxpayer entitlements for attending a wedding, Bill Shorten says.

Berlusconi party puts Italian government on brink

Government ministers in former Premier Silvio Berlusconi's political party have announced their intention to resign their posts, a move that increases the possibility of early Italian elections.

Government breaks silence on ‘abandoned’ asylum seekers

Immigration Minister Scott Morrison has issued a statement on the sinking of an asylum seeker vessel in which at least 21 people are feared drowned, saying authorities received a call about the vessel on Friday morning.

Banks told to limit payout in case of crisis

The Reserve Bank of Australia has issued a blunt warning to banks to not aggressively increase dividend payouts as they get set to sign-off on record annual profits of more than $27 billion.

Turnbull’s pre-election NBN rhetoric not just talk

Turnbull’s pre-election NBN rhetoric not just talk

Communications Minister Malcolm Turnbull has brought the challenges he will face in implementing his broadband vision into sharp focus, after most of the NBN Co board resigned at his request.

Collins Street’s capital creep tops $3 billion

A $3 billion tide of commercial property investment is rising along Collins Street, the biggest surge on Melbourne’s blue-chip business boulevard in two decades.

AFL chief Andrew Demetriou eyes tennis move

AFL chief Andrew Demetriou eyes tennis move

The country’s most powerful sports administrator, AFL chief executive Andrew Demetriou, could soon be leaving our shores.

Climate right for solar smart set

Climate right for solar smart set

A start-up with Australian links, Sungevity, hopes an innovative financing model and satellite imagery could transform solar power into a dominant source of electricity.

IPO market eyes record-breaking year

IPO market eyes record-breaking year

After years of pain, the initial public offerings market is on the brink of an extraordinary recovery. At least eight larger floats are expected this year and more will follow if the global sharemarket rally holds.

Markets Summary

Change % Chg
S&P/ASX 200 5307.1 12.6 + 0.24%
Dow Jones 15258.24 - 70.06 - 0.46%
FTSE 100 6512.66 - 52.93 - 0.81%
SPI 200 DEC3 5296.000 - 13.000 - 0.20%
AUD/USD 0.9315 0.0000 + 0.00%

Markets Data »

Price % Chg
SXY SENEX $ 0.775 + 3.33%
EWC ENERGY WLD $ 0.485 + 3.19%
WOR WORLEYPARS $ 24.410 + 3.04%
LEI LEIGHTON $ 19.740 + 2.97%
ALL ARISTOCRAT $ 4.600 + 2.91%

Markets Data »

Price % Chg
PRU PERSEUS $ 0.545 - 3.54%
NCM NEWCREST $ 11.470 - 3.45%
SIR SIRIUS RES $ 2.550 - 3.41%
AQG ALACERGOLD $ 3.250 - 2.99%
MGX MT GIBSON $ 0.750 - 2.60%

Markets Data »

Street Talk

G8 Education in $60m raising

Child care centre operator G8 Education is seeking to raise $60 million through a placement at $3.10 per share.

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Market Minutes | QE, $A important?

Auscap’s Tim Carleton doesn’t fret over Fed decisions and the Australian dollar, though is happy to take advantage of a market that does.  More AFR TV

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Opinion

Angela Macdonald-Smith

Plentiful gas in NSW, for those who can afford it

Plentiful gas in NSW, for those who can afford it

That NSW has a gas supply problem was the only thing the 150 high-level delegates could agree on at Thursday’s energy security summit.

Editorial

Labor should support Israel

Editorial

Editorial | An attempt by the head of the Islamic faith in Australia to influence senator selection in the Labor party by threatening the party’s vote in marginal Western Sydney seats is unacceptable.

Good policy cuts out the climate extremists

Good policy cuts out the climate extremists

The latest IPCC report will not bridge the ideological divide on climate change so it is up to governments to find the sensible centre.

World

China eyes Shanghai free trade zone to spur growth

China eyes Shanghai free trade zone to spur growth

Three decades after Deng Xiaoping’s experiments with capitalism in Shenzhen began lifting millions from poverty, his successors are applying the same strategy to a free trade zone in Shanghai.

Markets

IPO market eyes record-breaking year

IPO market eyes record-breaking year

After years of pain, the initial public offerings market is on the brink of an extraordinary recovery. At least eight larger floats are expected this year and more will follow if the global sharemarket rally holds.

Personal finance

Super tax threat puts splitting back on agenda

Super tax threat puts splitting back on agenda

The prospect of super funds paying tax could resurface after changes in 2007 made it a non-issue for retirees. Commentators believe it is a possibility, with the Coalition government giving no indication of rescinding a proposed Labor tax on the investment earnings of funds in pension mode.

Lifestyle

Hotel review | Sails in the Desert

Hotel review | Sails in the Desert

If you ignore the jail chic exterior, Sails in the Desert is friendly and a luxurious place from which to view The Rock.

Short, wide and super chic

Short, wide and super chic

The best Jaguars have combined pace with a compliant ride, and the new F-Type puts the brand back where it should be.

Odyssey for the appetite

Odyssey for the appetite

French cuisine takes on a beguiling Asian dimension at a handful of restaurants in Japan.

Rymill creates purist cabernets worth seeking out

Rymill creates purist cabernets worth seeking out

Rymill Coonawarra has refined its winemaking and put the bad-smelling brettanomyce years behind it.

Latest TV

Warrnambool sour on Bega bid

Australia’s oldest milk processor, Warrnambool Cheese & Butter Factory, has told shareholders to reject the takeover bid by Bega Cheese, but will it matter?  More AFR TV

Market Minutes | QE, $A important?

Auscap’s Tim Carleton doesn’t fret over Fed decisions and the Australian dollar, though is happy to take advantage of a market that does.  More AFR TV

SMSF bemused by RBA attention

The self-managed super fund industry may be surprised by the Reserve Bank’s concerns about property investment in the growing sector, but Sally Patten says the central bank is justified.  More AFR TV

Bank weighs in on bubble

ANZ Australia chief Phil Chronican says that a US-style housing bubble could happen in Australia, and has echoed RBA concerns about investment property within self-managed super funds.  More AFR TV