US shutdown a positive for business: ResMed’s Farrell
ResMed executive chairman Peter Farrell says the partial US government shutdown is a positive for business, hopeful that it will force a compromise on the debt ceiling in the world’s biggest economy.
Pact considering ASX float
One of Australia’s biggest packaging companies, Pact Group, is considering floating on the local stock exchange.
Leighton: bagman’s inside job
Two top Leighton Holdings executives secretly created a rival company with a suspected corrupt “bagman” while they were meant to be working for the construction group.
US cites ‘progress’ in Asia-Pacific free trade deal
The United States has said a tough, year-end deadline for a giant free trade pact in the Asia-Pacific is achievable, after negotiators made "significant progress" on sensitive issues.
I've made mistakes: Syria’s Assad
German magazine Der Spiegel is quoting Syria's President Bashar al-Assad as saying he has made mistakes and that no side in his country's civil war is entirely free of blame.
A question of trust in the Rinehart row
The smell of Christmas trees and turkey was still lingering on the hot day in the summer of 1988 when iron-ore pioneer Lang Hancock set aside a portion of his fortune for his four young grandchildren.
Red ink blots home sales
While some economists worry about a housing price bubble, nearly one in eight houses changing hands are selling for less than what they were previously bought for.
Hockey off to New York to explain when debt is good
As Treasurer Joe Hockey prepares to travel to New York to meet his budgetary masters at rating agencies Standard & Poor’s and Moody’s, he faces a real challenge.
Treasury looks at simplifying family businesses and trusts
The Abbott government is considering a range of family business measures, including simplifying tax, to head off an expected wave of company closures as their baby boomer owners retire.
Twinings wants to make boutique brews accessible
Tea is just like wine, according to Stephen Twining, a tenth-generation member of the famous Twinings tea family. Soil, climate and altitude all influence the flavour.
Pick Roosters over Manly in NRL if you care about your superannuation
If you care about your superannuation, history suggests you’ll need to get behind the Sydney Roosters in Sunday’s NRL Grand Final.
How online advertisers link your devices
By analysing patterns in anonymous browsing data internet advertising firms can determine whether multiple computing devices belong to the same person.
Property investors should analyse value
Christopher Joye | It’s the largest investment many families will ever make. But how many property investors work out what their investment is really worth?
Improving Fortescue marked ‘overweight’
Commonwealth Bank of Australia has reaffirmed its “overweight” recommendation on Fortescue Metals Group after running the ruler over three ratings by global credit agencies.
Masterclass in managing DIY super funds
Regulators’ fears about self-managed super funds can’t be dismissed, but if you take the correct advice, it’s not hard to get it right.
Breaking Bad’s finale no fun for Albuquerque
As the city in which much of the cult hit series Breaking Bad was filmed, ,Albuquerque attracted a veritable flood of tourists.
Perils of chasing dollars ahead of Twitter IPO
Experts say Twitter needs to tap new and existing ad revenue streams to keep new investors happy.
Facebook to build luxury apartments at HQ
Free bike repairs, free computer accessories, an onsite barber and soon, 394 new luxury apartments within walking distance of one’s desk.
Bundaberg Rum turns 125 with $1250 bottle
Celebrating the 125fth anniversary of Bundaberg Rum, its owner, Diageo, is preparing to release a super expensive bottle of the rum.
Grand dames lead the charge
The market is on the move again – with well-maintained older houses especially popular.
Elizabeth Quay tipped to set new Perth premium
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Pre-marketing has started for the sale of stage two of Perth’s ambitious $2.6 billion Elizabeth Quay urban regeneration waterfront project.
Ten rules for being a better leader
Today’s leaders were schooled for a different era – where the pace was slower and big problems came one at a time, with some warning, and where they could have a working knowledge of most of the areas in the business.
Sydney-based Technocash named in Silk Road arrest
Sydney-based cash exchange firm Technocash was named by US prosecutors in connection to the arrest and indictment of the alleged founder of Silk Road, the Bitcoin-based website used to traffic drugs and other illegal goods.
Top-shelf library bucks austerity trend
The new mesh and glass library in Birmingham, England, offers more than just books. It’s an airy forum where locals talk, walk, eat and play.
National
Red ink blots home sales
While some economists worry about a housing price bubble, nearly one in eight houses changing hands are selling for less than what they were previously bought for.
- Struggling mining exec Wang likely Palmer party senator
- Darwin sheds boom-bust tag
- Tony Abbott signals his style on the world stage
- Imagining economic life without the car industry
- A question of trust in the Rinehart row
- Twinings wants to make boutique brews accessible
- Cattle chiefs call for beef trade taskforce
Hockey off to New York to explain when debt is good
As Treasurer Joe Hockey prepares to travel to New York to meet his budgetary masters at rating agencies Standard & Poor’s and Moody’s, he faces a real challenge.
Opinion
Too many wimps in Tony’s team
Miranda Devine reckons Tony Abbott’s sporting prowess is the secret of his political success. Trouble is, his Cabinet team seems to be lacking in hairy-chested footy types..
Imagining economic life without the car industry
It’s hard to find fault with the claim by Labor’s former industry minister, Kim Carr, that a self-reliant Australian car industry is a free-market fantasy.
Abbott’s rise means hard labour for opponents
The phony truce that has broken out in federal politics in the last month is about to end. In the next week, Tony Abbott will undertake a second, lengthier trip overseas as prime minister, while Treasurer Joe Hockey will attend a G20 Finance Ministers meeting in New York.
World
Republicans hang tough in shutdown standoff
House Republicans are holding their ground in a standoff with President Barack Obama over the US government shutdown, accusing him of intransigence.
- Switzerland probes banks over possible forex rigging
- Airbus nine-month orders top 1000 aircraft
- Vietnam's General Giap dies
- US shutdown sees Obama skip APEC, EAS
- Treasury says US default would be catastrophic
- BoJ refrains from more stimulus on business confidence
- Europe’s Roma made scapegoats in French electioneering
- Ferrari GTO racing car sells for record $US52m
- UK fraud prosecutor poised for more Libor charges
America’s ‘world power’ reputation takes a beating
As Washington’s shutdown continues, foreign relations experts say the United States’ domestic political brinksmanship risks damaging the country’s status internationally
Business
US shutdown a positive for business: ResMed’s Farrell
ResMed executive chairman Peter Farrell says the partial US government shutdown is a positive for business, hopeful that it will force a compromise on the debt ceiling in the world’s biggest economy.
- Pact considering ASX float
- Leighton: bagman’s inside job
- McAleese IPO going ahead despite fatal crash
- Twinings wants to make boutique brews accessible
- Cattle chiefs call for beef trade taskforce
- Hockey wants more time to assess GrainCorp ADM deal
- All toll roads lead to the same place
- After Discovery, Singapore raider’s attention turns to Cokal
Punches keep coming for Elders chief
Elders chief executive Malcolm Jackman says he’s both “stupid and brave’’ for stepping into the seemingly impossible job of trying to save the company from the corporate knackery.
Technology
Telcos waiting on Turnbull’s NBN plans
Australia’s telecommunications companies have urged Communications Minister Malcolm Turnbull to release his plans for the national broadband network so they can plan their investments.
- HTC posts first-ever quarterly loss
- Samsung forecasts strong quarter as top mobile chief leaves
- NBN director slams both Conroy and Turnbull
- Switkowski to remain Suncorp chairman
- Twitter IPO filing reveals it aims to raise $US1bn
- Bill Gates seeks re-election to Microsoft board
- Groupon’s Schmidt to head The Iconic
- France targets Amazon to protect local bookshops
- Citigroup fined $30m for early release of iPhone report
Millions of Adobe customers passwords stolen
Adobe Systems said on Thursday that hackers had stolen source code to some of its most popular software along with data about millions of its customers.
Markets
Masterclass in managing DIY super funds
Regulators’ fears about self-managed super funds can’t be dismissed, but if you take the correct advice, it’s not hard to get it right.
- Wall St ends up, but Dow, S&P; 500 down for week
- America’s ‘world power’ reputation takes a beating
- Switzerland probes banks over possible forex rigging
- Subdued earnings threaten European equity rally
- Top copper users back LME warehouse reforms
- ASX down 1.9pc for week, snaps 7-week winning streak
- Morningstar picks its stock stars
- CBA tweaks $A forecast on slower greenback rise
- ASX gains lag overseas investments
RBA concern over DIY funds’ exposure to international shares
The Reserve Bank has criticised do-it-yourself super funds’ exposure to international share investments but this is a view that is quite likely out of date.
Personal finance
RBA concern over DIY funds’ exposure to international shares
The Reserve Bank has criticised do-it-yourself super funds’ exposure to international share investments but this is a view that is quite likely out of date.
- Why property and SMSFs don’t mix
- Wasiliev | How to top up your post-retirement super fund
- Capital raisings have been all risk for little reward
- Share prices get close to their ceiling
- Big pressure on gold bad news for miners
- Design skills part of a unique package
- Joye | Property investors should analyse value
- First class| Leaving the markets to live in a fantasy world
- Your questions: joining super funds with a new spouse
Masterclass in managing DIY super funds
Regulators’ fears about self-managed super funds can’t be dismissed, but if you take the correct advice, it’s not hard to get it right.
Lifestyle
Grand dames lead the charge
The market is on the move again – with well-maintained older houses especially popular.
Colour is the new white
Neutral shades are so last year. Architects are increasingly drawing from a vibrant palette of hues to create areas of interest within (or on the exterior) of a house.
Beechworth bursting with great Victorian cuisine
Behind the rich, gold-rush era facade are all the ingredients for a gourmet getaway including the divine Provenance restaurant.
Embrace Argentina’s cash economy and save
Getting more bang for your holiday buck through unofficial sources is widely accepted.
Latest TV
Market Minutes | Shutdown, rates and jobs
Perpetual’s Matt Sherwood says calmer heads will prevail in the US, the RBA’s done cutting the interest rate and also previews next week’s job data. More AFR TV
Big cities drive home prices
Australian homes are more expensive than ever before as surging activity in Sydney and Melbourne again raise the spectre of a property bubble. More AFR TV
Uniqlo debuts
Uniqlo Australia CEO Shoichi Miyasaka has set himself a massive challenge to make the label Australia’s number one brand. More AFR TV
RBA on hold as US shuts down
Commonwealth Bank senior economist John Peters says the Reserve Bank’s decision to keep the cash rate on hold is likely to be repeated, while the shutdown of the US government could have a heavy market impact if it lingers. More AFR TV
