Virgin Australia has hit out at plans by the federal government to extend a helping hand to Qantas, warning that financial assistance for the country's largest airline will be to the ''detriment of the entire industry''.
need2know: Shares to open higher
Local stocks are poised to open higher, bolstered by Wall St, shrugging off the latest local jobs data.
What’s the cure for insomnia?
You're fired!
Nightmare vision of 2014 property crash
We should brace ourselves for a spectacular collapse in home prices, an American economist claims.
ASX boss Elmer Funke Kupper warns of competition risk
Kupper says share trading is already only about 10 per cent of the ASX's revenue.
GPT Group profit slips as it absorbs new assets
GPT Group has forecast a 9 per cent total return for investors in the coming year.
Treasurer Joe Hockey lines up debt facility for airline Qantas
A helping hand from the government will grant Alan Joyce only a temporary reprieve.
Webjet shares take off after 60 per cent growth in profit
CEO says flights booking business can grow at double-digit rates on an ongoing basis.
Rio Tinto boss delivers to shareholders
Shareholders have what they want, but there is still an aluminium anchor trailing behind.