Retail spending jumps
GLENDA KWEK 1:24pm |
Retail spending has risen to a stronger-than-expected 0.8 per cent in September, with third-quarter sales lifting to 0.7 per cent.
Markets Live: Eco data shrugged off
12:04pm |
Strong retail sales can't boost the share market, while Westpac is the only big bank in the red.
Westpac posts record $7.1b profit
CLANCY YEATES 12:26pm |
Westpac has notched up a record $7.1 billion profit and will pay shareholders a special dividend.
'Skin in the game' pays off for Nine chief
COLIN KRUGER 11:58am |
He is the man credited with saving Nine from collapse last year and he is being rewarded accordingly with $17 million worth of cash and shares.
NSW electricity companies boost profit 50%
BRIAN ROBINS 12:48pm |
Surging power prices have resulted in NSW government-owned electricity companies emerging as among the most profitable companies in Australia.
Coca-Cola hit by fizzing demand
ELI GREENBLAT 10:24am |
Coca-Cola Amatil is the latest discretionary business to fall foul of weaker than expected consumer demand following the federal election.
Billabong receives cash injection
ELI GREENBLAT 11:25am |
Billabong says it has recevied $US300 million in funding from its new private equity partners and used it to repay a bridging facility.
Coles' secret dollar deal with Woolies
Coles pays $1 to officially become owner of $40m Sydney supermarket leased Woolworths after it was caught using structure to hide its identity as owner.
| ASX 200 | 5417.0 | 5.9 | 0.1% |
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| Dow Jones | 15615.6 | 69.8 | 0.4% |
| Nasdaq | 3922.0 | 2.3 | 0.1% |
| Hang Seng | 23305.2 | 55.4 | 0.2% |
| NZ 50 | 4909.0 | -4.9 | -0.1% |
Data delayed by 20 mins.
Business News Wire
12:15PM Retail spending continues to improve
11:32AM Aust house prices rise in Sept qtr
11:30AM Retail trade rose 0.8% in Sept
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Retail and China figures push Aussie back up
1:09pm |
The Australian dollar has been boosted by strong local and Chinese economic data, reversing a fall aginst the greenback driven by the increasing prospect of stimulus tapering in the US.
- Wall Street US stocks end week higher on factory data
- ASX Market looks past retail to resources
- Global markets European stocks mainly fall
- More Markets
Twitter to be talk of town
Wall Street Week Ahead Twitter to dominate the headlines next week when the social media company goes public on November 7.
- Business calendar for Nov 3-9
- Motley Fool Warren Buffett doesn't like your brand
- Motley Fool Who's keeping you honest?
- Intelligent Investor Europe back on track - for now
- Motley Fool Have I got a deal for you
Video
China more important than Canberra
A large part of Australia’s prosperity is riding on a meeting to be held in China this weekend. Michael Pascoe comments. (04:13)
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The big cheese (03:31)
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Tweet Deal (06:23)
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Mobile betting (05:24)
World Business
Sony shares plunge 11% on poor outlook
2 Nov |
Sony shares have plunged more than 11 per cent after the Japanese electronics giant slashed its full-year profit outlook, dealing a blow to its much-vaunted turnaround plan.
Facebook walks fine line with ads
Facebook is putting the brakes on the number of ads that appear within user posts, saying that younger teens aren't using the site as much as they used to.
Comment & Analysis More Comment & Analysis
Rupert takes aim at his own shop
BEN BUTLER |
News Corporation boss Rupert Murdoch has taken a thinly veiled swipe at management consultants from Boston Consulting Group.
- Michael West Is it not so tough out there?
- Jacob Saulwick A little clarity needed over WestConnex
- Michael Pascoe David Jones is going nowhere
- Adele Ferguson Ghosts of mistakes past still haunt Clyne
- Malcolm Maiden Tough questions on ASIC dodged
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Should office romances be kept secret?
CAROLINE JAMES 4 Nov |
Many people meet their partner at work, but that doesn't make it easy to manage the working relationship.
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Flocks a way to golden egg
NINA HENDY |
Review of the crowdfunding rules could give investors more incentive to take a small share of a start-up.
- THRIFTOBER Thriftober - and out
- ASK NOEL No harm in shares if you weigh risks
- SUPER Secure, tax-friendly annuities popular retiree investment
- GETTING STARTED The real reason banks are on a roll
- THE CHARTIST NAB likely to pause at 2007 high
- HOT STOCK China upturn helps make BHP a buy
- More Money
Beware spruikers who just 'feed the chooks'
Most investments you're likely to invest in in your SMSF are regulated financial products, but one of the biggest asset classes isn't. And that's property.
