NBN to reach first high-rises soon
The first apartment buildings to benefit from NBN Co’s plan to take on TPG Telecom in the battle for high-rise broadband services will be switched on in September, according to a rollout list released by Telstra. Several apartment complexes in Sydney, Melbourne and Brisbane will be connected to the super-fast broadband service, as the NBN races against TPG and other potential rivals.
IPO pipeline is ‘bulging’ at $2.5b
The slight rise in Healthscope’s shares on their return to the local sharemarket on Monday will likely act as a barometer for the more than $2.5 billion of floats that remain in the hefty pipeline this year.
Healthscope employees earn $18m in float
Healthscope chief executive Robert Cooke has lead a team of 54 employees who are now at least $18 million richer following the company’s $3.6 billion float. Cooke is building a profile as somewhat of Pied Piper among loyal healthcare executives who have followed him from job to job.
BHP’s Andrew Mackenzie finds an Olympic solution
Matthew Stevens | Is this Andrew Mackenzie’s ‘eureka’ moment?
ASX dips as confession season starts
Shares eased after company reporting season got off to a disappointing start, with fund managers and equity strategists eager for evidence that the sharemarket’s recent six-year highs are justified.
Elders comes up with eight points to make $60m
Rural services group Elders has announced an eight point plan to generate sustainable earnings of $60 million and return on capital of 20 per cent by financial year 2017.
What you don’t know about SMSF strategy requirements
There are different ways for trustees of do-it-yourself super funds to approach many of the responsibilities they must satisfy.
Food sector investing ‘the next big thing’
Brad Potter has his work cut out for him after taking over from Bob van Munster as head of Australian equities at Tyndall Asset Management on June 1.
Peter Slipper guilty of misusing taxi vouchers as Speaker
Former parliamentary speaker Peter Slipper has been found guilty of dishonestly using taxpayer-funded travel vouchers. He admitted using commonwealth taxi vouchers for winery trips outside Canberra in 2010.
Private investors sinking millions into industrial property
Private investors are increasingly getting into the industrial property game as strong yields, low interest rates and growing confidence encourage more people to consider it as an alternative to residential investment.
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Airport rides may be a million dollar idea
While booking a flight and hotel is easy, often transferring between is not. Jayride may fill the void.
Manufacturing in China could cost you your business
Amanda Bennett, founder of liquidated Bennetts Boots, has some advice for entrepreneurs.
An economist’s guide to online dating
Andrew Leigh | What’s a desperate and dateless economist to do? The economics of dating comes down to three simple rules.
Macphersons Resources seeks to raise $10.4m
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Macphersons Resources is seeking to raise up to $10.4 million in an ASX BookBuild led by Argonaut Securities.
Gates’ tertiary tips in a class of their own
There are people at all levels in universities who don’t appreciate what Bill Gates has to say.
Dendy launches streaming service
Independent cinema chain Dendy is joining the race to capture the online viewing time of Australians with a new video on demand streaming service.
Big Mac Index finds $A value accurate
Exporters may be bemoaning the ‘stubbornly high’ Australian dollar, but according to the Big Mac Index, its valuation is spot on.
John McGrath masters the art of playing both sides
Rear Window | You have to admire Sydney real-estate king John McGrath.
Andrew Demetriou to lead Acquire Learning
The former AFL boss has agreed to take a leadership role at a fast-growing online education firm that could be headed for a sharemarket listing.
A bit of Bolt with your breakfast
Andrew Bolt is getting his hair cut and talking politics, media and climate change. And his television show, The Bolt Report.
An economist’s guide to online dating
Andrew Leigh | What’s a desperate and dateless economist to do? The economics of dating comes down to three simple rules.
Reinventing the thong with a crowd
Five Gen Y mates have invented a thong with interchangeable straps and a promise of no more blowouts.
Quiz | Low rates, growth and comments
Test how much you know about Treasurer Joe Hockey’s awkward week, interest rates and the new low reached in talk-back radio.
Is Ultra High Definition worth it?
Every time I find what I think is my dream TV, another, even better one comes along. Take, for instance, the Sony X9000B.
National
Australia wasted resources boom: BCA
Updated | Governments need to rethink their role in the economy by encouraging industries that have natural advantages – such as agriculture, mining, energy, tourism and education, the Business Council of Australia says.
- Orica fined $750,000 for ‘freaky’ pollution incidents
- New governance rules for big investors
- Call for Abbott to scrap tax breaks for the rich
- Adani’s $16.5b mine closer
- CITIC drops case against Clive Palmer’s Mineralogy
- Solar has ‘important role’: Angus Taylor
- Tax Office to audit property developers for $200m
Opinion
Gates’ tertiary tips in a class of their own
There are people at all levels in universities who don’t appreciate what Bill Gates has to say.
Liquidity: when too much is not enough
Sharemarkets around the world have been stoked by large licks of central bank liquidity in recent years.
Investors need a growth agenda
Editorial | The start of full-year profit season this week will test whether sharemarket gains match business performance.
World
Experts lead Joko finance job list
Indonesian President-elect Joko Widodo’s options for finance minister include a group dominated by alumni from the University of Indonesia, whose graduates have helped shape the nation’s economic policy for decades.
- Reddit tries to grow up but not sell out
- FIFA sponsors averse to pushing reforms
- Startups in India streamline auto-rickshaw business
- China property slowdown prompts fresh use of builder bonds
- Maliki’s days are numbered
- Loyalties unmoved by crash
- US offers images to back accusations Russia fired rockets into Ukraine
- Insurers rethink ‘war cover’ in the wake of downed jet
AIDS researcher tragedy shocks Sydney doctor
The HIV Netherlands Australia Thailand Research Collaboration was born from a friendship between two of the giants of AIDS research: Sydney immunologist David Cooper and Dutch doctor Joep Lange, who died in Flight MH17.
Business
Elders comes up with eight points to make $60m
Rural services group Elders has announced an eight point plan to generate sustainable earnings of $60 million and return on capital of 20 per cent by financial year 2017.
- BHP Billiton to trial heap leaching at Olympic Dam
- Orica fined $750,000 for ‘freaky’ pollution incidents
- Bartercard parent to list on ASX at $58.5m
- Boart Longyear flags financial covenants breach
- Melbourne’s $8b East West Link tunnel too risky: Leighton
- CBA confident in ability to beat tech start-ups
- Healthscope float debuts flat
- National Australia Bank to sell £625m UK property loans
Myer conman Andrew Flanagan charged with fraud
The US businessman sacked by Myer on his first day after allegedly falsifying his credentials has been charged by Victorian police with fraud.
Technology
CBA confident in ability to beat tech start-ups
A top executive from Australia’s largest bank has hit back at claims nimble and hungry technology start-ups are poised to eat into the big four banks’ profit margins.
- Sydney start-up Local Measure lures former Twitter executive
- Bartercard parent to list on ASX at $58.5m
- How getting away from the airport could be a million dollar idea
- Internet surveillance scheme costs could soar
- Dendy streaming service targets local pirates and Netflix fans
- Seven West’s video-on-demand puzzle
- Bendigo Bank ‘redy’ to pay through smartwatches
Could this little brick save your skin?
Phones that can fully recharge in 15 minutes are still a distant dream. In the meantime there’s the Unu Ultrapak.
Markets
ASX dips as confession season starts
Shares eased after company reporting season got off to a disappointing start, with fund managers and equity strategists eager for evidence that the sharemarket’s recent six-year highs are justified.
- $A slips on fading support, US focus
- Bartercard parent to list on ASX at $58.5m
- Bet on shares over property says Platinum
- Fundies’ faith at stake as reporting season looms
- Iron ore set to deliver profits before earnings’ slide bites
- Wall Street’s master fishermen are betting on a storm
- Greater transparency measures favoured in yuan trading band
- Freeport gets permit to export Indonesian copper
Big Mac Index finds $A value accurate
Exporters may be bemoaning the ‘stubbornly high’ Australian dollar, but according to the Big Mac Index, its valuation is spot on.
Personal finance
Negotiating the fast-money minefield
Be very, very wary of any fast money investment scheme. It’s the old saying: “If it looks too good to be true, then it probably is.” There are no easy ways to financial security.
- Best policy to keep your children covered
- How we are becoming a free agent nation
- Fund managers spill the beans on returns
- Downsizing made simple: the value of a buyers’ agent
- Beat the IPO market at its own game
- Low market volatility no reason to rest on your laurels
- Do the sums on the true cost of private schools
- What it feels like to have a private plane
Forgo those heels for when love doesn’t last
With a least a third of marriages ending in divorce, there are essential rules women must take to heart to create a financially sustainable life for themselves.
Lifestyle
Bentley: big, beautiful, features galore
Those who slowed to guess the important person in the rear might have been surprised to find it was my nine-year-old son.
Stockholm’s new Nordic pride
36 hours in Sweden’s capital provides ample evidence for why the locals love their city so much.
Simplicity the essential ingredient
Celebrated chef Justin North is making local produce the star of a nationwide initiative.
Which cutting-edge design trends are here to stay?
Industrial influences, plywood, copper pendant lights and mismatched tiles: are they timeless or trendy.
Latest TV
Companies and institutional investors must talk
Businessman David Gonski reinforced the need for companies to communicate with their investors.
Charity Fund to help children at risk
A new charity fund created to help children at risk, doesn't charge investors annual fees.
Aussies love their 'tap-and-go' payments
In supermarkets, as much as 70 percent of credit and debit card transactions are now contactless.
Livingstone wants more Telstra time
Catherine Livingstone's decision to stay on has implications for CEO David Thodey too.
