Bendigo slams Big Four
CLANCY YEATES 12:37pm |
Bendigo and Adelaide Bank urges the government to put big banks' dominance under a microscope as part of upcoming inquiry.
Markets Live: Bulls drive ASX over 5400
12:06pm |
The Australian market opens over three-quarters of a per cent higher following strong gains on Wall Street driven by strong earnings from Amazon and Microsoft.
Fugitive Foster seeking asylum in Fiji
AMY REMEIKIS AND BEN BUTLER 2:29pm |
Fugitive conman Peter Foster has provided a photograph he says proves he has fled Australian justice to Fiji.
Snowgum goes belly-up
BEN BUTLER AND ELI GREENBLAT 2:42pm |
Adventurewear retailer lurches into voluntary administration following an dispute over rent with a landlord.
Local miner rallies on Greenland vote
2:15pm |
Shares in Perth-based minerals explorer soar after Greenland's parliament voted to remove a 25-year-old ban on uranium mining.
Treasury Wine faces class action
ELI GREENBLAT 11:48am |
Litigation funders prepare possible class action against Treasury Wine Estates, claiming "deceptive and misleading conduct" over disclosures.
Rio sells off $1b in Australian coal assets
8:24am |
Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation.
Argo flags modest growth expectations
GEORGIA WILKINS 11:45am |
Argo Investments has warned of weak earnings growth over the coming year as subdued economic conditions force companies to cut costs.
ASX 200 | 5442.3 | 56.0 | 1.0% |
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Dow Jones | 15570.3 | 61.1 | 0.4% |
Nasdaq | 3943.4 | 14.4 | 0.4% |
Hang Seng | 22811.0 | 112.7 | 0.5% |
NZ 50 | 4863.4 | 28.4 | 0.6% |
Data delayed by 20 mins.
Business News Wire
2:34PM Coal industry intrigue continues
1:50PM Coffee Club expands into Persian Gulf
12:47PM Bendigo boss: regulations favour big four
11:35AM Treasury Wine may face class action
11:20AM Rio Tinto sells Clermont Mine
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
No news is good news as local shares surge
1:23pm |
The big banks have led the Australian market to its highest level for the year as investors respond to a less fraught environment in the US and Europe.
- Currencies $A recovers losses as optimism returns
- Wall Street S&P; scores new record as US stocks rise
- Commodities Gold closes at more than one-month high
- Liquidity Chinese money market rates surge
- More Markets
![Ben Bernanke](http://web.archive.org./web/20131028034742im_/http://images.theage.com.au/2013/09/19/4759214/th-benbernanke-200x133.jpg)
Facebook, Apple and the Fed
Wall Street Week Ahead Fed policy on track to fuel more share gains in Apple and Facebook, which report results next week.
- Business calendar for Oct 27 to Nov 2
- Motley Fool Have I got a deal for you
- Markets Stock bubble? No, says Greenspan
- Intelligent Investor My life without God or Twitter
- Mining Strong appetite for iron ore futures
Video
The start of banks and buildings week
The big bet on housing investment by the Federal and State governments, the RBA and private banks play out. Michael Pascoe comments. (04:46)
World Business
Dubai opens up sprawling second airport
6:33am |
The Gulf emirate of Dubai has opened passenger operations at its second airport, Al-Maktoum International, touted to be the world's largest once it is completed.
![Sugar](http://web.archive.org./web/20131028034742im_/http://images.theage.com.au/2013/10/24/4857504/1aash17_3-20131024174607603911-200x133.jpg)
The devastating costs of sugar
Food manufacturers could be facing their tobacco moment as growing consumer awareness turns them against sugar, a report finds.
Comment & Analysis More Comment & Analysis
Boomers' retirement starting to bite
CLANCY YEATES |
Rightly or wrongly, the baby boomers are often made out to be an economically selfish bunch.
- Michael West A nugget of truth is discovered way out west
- Adele Ferguson Corruption claims hang over Leighton
- Peter Martin Here's a back-up if Hockey's audit is too rushed
- Harold Mitchell Many heads make bright work
- More Comments & Analysis
![](http://web.archive.org./web/20131028034742im_/http://images.smh.com.au/2009/10/24/810850/michael-west-_127x127.jpg)
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
World's weirdest meeting spots
ADAM COURTENAY 28 Oct |
Would you meet a client in a haunted house, bomb shelter or dodgem car?
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Top bosses fear striking out
JOHN COLLETT |
Increasing shareholder scrutiny is leading to a drop in top executives' fixed pay.
- GETTING SETTLED Winning start to commercial career
- Financially protect your greatest asset - you
- Disaster-proof your finances too
- Wise choices for a disabled child's future
- THRIFTOBER Fill closet, don't empty the wallet
- 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
- More Money
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Men spend up on hairy matters
Personal grooming is becoming a high budget priority for increasing numbers of Australian men.