Burnt out: Zahra quits
ELI GREENBLAT 21 Oct |
Update Paul Zahra explains his shock decision to step down as David Jones chief, saying he is ''simply tired" after more than three years in the top job.
Shares jump as investors turn bullish
4:56pm |
Australian shares have hit fresh five-and-a-half-year highs, inspired both by gains on global sharemarkets and low interest rates at home.
Bank rally drives ANZ to record high
MAX MASON 5:38pm |
ANZ shares pushed to a new record high today, creeping ever closer to the stock market's exclusive $100 billion club.
BHP backs away from India
BRIAN ROBINS 6:22pm |
BHP surrenders oil and gas exploration blocks amid speculation the lack of permission to explore from India's defence authorities forced its hand.
Pup signs up for Packer's Crown Sri Lanka
COLIN KRUGER 4:39pm |
Crown has signed up Australian Cricket captain, Michael Clarke, as part of its campaign to build a $400 million casino resort in cricket-mad Sri Lanka.
Wotif forced to look for new growth options
MATT O'SULLIVAN 5:02pm |
Wotif has yet to experience any increase in accommodation bookings despite a lift in consumer confidence.
Telecom NZ puts AAPT up for sale
2:15pm |
Telecommunications company AAPT has been put up for auction by its parent company Telecom NZ, in a deal that could be worth $400 million, the AFR reports.
How Google joined the $US1000 club
11:50am |
In some ways, Google's investors are betting that quantity can beat quality.
ASX 200 | 5351.8 | 30.3 | 0.6% |
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Dow Jones | 15399.6 | 28.0 | 0.2% |
Nasdaq | 3925.5 | 11.2 | 0.3% |
Hang Seng | 23438.2 | 98.0 | 0.4% |
NZ 50 | 4802.6 | 0.0 | 0.0% |
Data delayed by 20 mins.
Business News Wire
12:01AM Aust stocks lag behind US
4:49PM DJs boss says quitting was personal
4:33PM Wotif.com says holiday bookings soft
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Dollar buoyed by yield-seeking carry trades
5:22pm |
The Australian dollar held near multi-month peaks on Monday, as yield-hungry investors piled into carry trades.
- ASX Shares jump as investors turn bullish
- Wall Street Week Ahead US market priced to perfection
- Bonds Bond prices calm after storm in US
- Wall Street S&P500; breaks record, Google tops $1000
- Global markets Euro investors wary of last-minute US debt deal
- More Markets
![twitter bird, shortlist, JOHN SHAKESPEARE](http://web.archive.org./web/20131021172419im_/http://images.businessday.com.au/2013/10/21/4847986/lr--twitter-2-20131021162921588228-200x133.jpg)
My life without God or Twitter
Intelligent Investor Rumour has it that Twitter will be valued around $15 billion, but is it worth it?
Video
Another integrity test for Hockey
Joe Hockey has a test coming up in the form of a Reserve Bank dividend, or not. Michael Pascoe comments. (04:49)
World Business
Lew fires warning over future US showdowns
6:36am |
The recent US government shutdown and debt limit showdown have bruised the nation's economy and "can never happen again", Treasury Secretary Jack Lew says.
![google](http://web.archive.org./web/20131021172419im_/http://images.businessday.com.au/2013/10/21/4846954/th-765930834-200x133.jpg)
How Google joined the $1000 club
In some ways, Google's investors are betting that quantity can beat quality.
Comment & Analysis More Comment & Analysis
Why cut a nearly undetectable tax?
PETER MARTIN |
Prepare for a price shock. Australia's inflation rate is out on Wednesday and the market is expecting 1.8 per cent.
- Michael West The deal so good it was bad
- CBD Jalco's 'small beer' legal costs
- Peter Cai Growth, what is it good for if it brings little joy?
- Michael West Who you gonna call - ghost writers, of loans
- Elizabeth Knight Gyngell upbeat on future of free-to-air television
- More Comments & Analysis
![](http://web.archive.org./web/20131021172419im_/http://images.theage.com.au/2012/08/09/3541025/127_Ben_Butler.jpg?rand=1344488869346)
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Foldable boats - what will they think of next?
ADAM COURTENAY 4 Oct |
This entrepreneur liked the idea so much he bought the company.
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Fill closet, don't empty the wallet
SYLVIA PENNINGTON |
Whether it's for a special occasion, such as the races, or for more day-to-day wear, there are lots of ways to save in style.
- GETTING STARTED Go on, get involved - AGMs can be fun
- ASK NOEL Share trust an option for young saver
- GETTING SETTLED Markets are hot, but don't be pressured
- SUPER Downsizing may not be the right answer
- THE 'HONEST' BROKER What does money mean to you?
- Money's weekly Morningstar tables
- THE CHARTIST The bond that ties
- UNDER THE RADAR A good investment, but has business grown too fast?
- More Money
![Ian Clayton from Shannons Auctions pictured with a 1914 Harley Davidson motorcycle with a 2 speed hub expected to fetch between 20 and 25 thousand dollars when it goes to auction on oct 21.Taken at St Leonards
Smh money
Photos Ben Rushton
October 8 2013](http://web.archive.org./web/20131021172419im_/http://images.businessday.com.au/2013/10/15/4831363/rh-320-harley_20131015114728965583-200x133.jpg)
Rusty, greasy and dirty but all eyes on classic Harley
Two significant Australian collections of classic and vintage motorcycles are being put up for sale.