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PM deploys military to Iraq, Syria

PM deploys military to Iraq, Syria

Fighter jets, support aircraft and a contingent of Special Air Services soldiers are part of a 600-strong force that will join a US-led offensive against Islamic State militants in Iraq and Syria.

How to pick the next blue chips

How to pick the next blue chips

At a time when valuations are beginning to look increasingly full, if not stretched, investors would be wise to look for quality companies outside the top 50.

Can John McFarlane rescue Barclays bank

The former chief executive of ANZ bank, a highly respected London finance figure with a­ ­no-nonsense reputation, has a big new job as chairman of Barclays

John Sevior awaits ASX fall before buying back in

Billionaire stock picker John Sevior has said the Australian market would need to sell off at least another 10 per cent for him to feel confident about reinvesting a huge amount of cash back into the market.

iiNet rejects Village piracy claim

iiNet chief regulatory officer Steven Dalby has dismissed Village Roadshow co-chairman Graham Burke’s accusation that the internet service provider has engaged in misleading and deceptive conduct around piracy.

Street Talk

Hoyts books investors for pre-float roadshow

Cinema and advertising company Hoyts Group has launched its pre-IPO marketing campaign, booking fund managers for a non-deal roadshow over the next fortnight.

Matthew Stevens

Time to prepare for China’s big steel scrap

Rarely has scrap metal loomed so important to the future health of the Australian economy.

Housing boom ‘threat to SMSF stability’

Borrowing to buy property through self-managed super funds is growing by nearly 80 per cent a year, tax figures show.

Optus, Telstra release iPhone 6 price plans

Optus, Telstra release iPhone 6 price plans

SingTel-Optus has released its prices and plans for Apple’s iPhone 6 and iPhone 6 Plus.

Alibaba IPO attracts risk-ready Australians

Australians are turning to risky investment products to get in on the action when Chinese e-commerce giant Alibaba lists in the US on Wednesday, in what may be the biggest float to date.

Fish industry gets ready to scale up

Fish industry gets ready to scale up

Australia’s $40 billion aquaculture sector looks set to double by the end of this decade.

China’s new rich learn class rules

China’s new rich learn class rules

Desperate to avoid being branded a ‘tuhao’, China’s well-heeled middle classes are learning modern etiquette.

Allco’s smoke and mirrors

Allco’s smoke and mirrors

Chanticleer | Two directors from collapsed Allco Financial Group finally got their comeuppance.

Markets Summary

Change % Chg
S&P/ASX 200 5531.1 - 15.0 - 0.27%
Dow Jones 16987.51 - 61.49 - 0.36%
FTSE 100 6806.96 7.34 + 0.11%
SPI 200 SEP4 5519.000 - 19.000 - 0.30%
AUD/USD 0.9036 - 0.0001 - 0.01%

Markets Data »

Price % Chg
BKN BRADKEN $ 4.660 + 4.72%
BSL BLUESCOPE $ 5.690 + 4.21%
EVN EVOLUTION $ 0.680 + 3.03%
ABP ABACUS $ 2.780 + 2.58%
WTF WOTIF $ 3.020 + 2.37%

Markets Data »

Price % Chg
MYR MYER $ 2.020 - 6.05%
MTU M2 GROUP $ 7.510 - 6.01%
BRU BURUENERGY $ 0.825 - 4.07%
WSA WEST AREAS $ 4.910 - 3.35%
FXJ FAIRFAX $ 0.790 - 3.07%

Markets Data »

Street Talk

UBS cuts Myer Holdings to a ‘sell’

UBS cuts Myer Holdings to a ‘sell’

UBS analyst Ben Gilbert has downgraded his rating on Myer Holdings to “sell”, after the retailer delivered a disappointing full-year earnings result, with few signs of upside on the horizon.

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Rear Window

Joe Aston examines the prospects for business as the possibility of Scottish independence looms.

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National

Sydney market clears 80pc for sixth week

Sydney market clears 80pc for sixth week

Updated | Sydney ‘s auction clearance rate topped 80 per cent for a sixth straight week as the spring market kicked into gear at a record-breaking pace.

Opinion

Rowan Dean

On the lookout: no prowling Japanese subs will get past us!

Rowan Dean

The world was shocked this week to learn of a ragged group of soldiers who have been living on a remote island to the south of Papua New Guinea, unaware that World War II ended 69 years ago.

Tony Walker

Time for Scotland to go its own way

Tony Walker

What do Malcolm Fraser and Rupert Murdoch have in common these days? Not much, you might think, but at least one of these Scots descendants would vote “yes” in Scotland’s forthcoming independence referendum on September 18 – if they had the vote.

Both parties find clear air to think about policy

Both parties find clear air to think about policy

Assuming no-one loses their head between now and Christmas, 2014, in contemporary, terms will be a rare year. It will be the first year in almost a decade free of a major party undergoing a leadership coup or being crippled by rampant speculation.

World

The financial impact of Scottish independence

The financial impact of Scottish independence

The prospect of an independent Scotland – once considered an outside chance at best – is now a distinct possibility. And Scottish banks are spooked.

Markets

Hundred-year bonds gain popularity

Hundred-year bonds gain popularity

Philip Baker | If someone wanted to borrow money from you at an interest rate of just under 5 per cent per annum and promised to pay it back in 100 years’ time, what would you say? Exactly.

Personal finance

Tax trap in the Telstra buyback

Tax trap in the Telstra buyback

Over the next three weeks, many thousands of DIY super fund members drawn to high-dividend shares with franking credits will be weighing up whether to take part in the Telstra $1 billion off-market share buyback.

Lifestyle

A fine spring day at the track

A fine spring day at the track

Racing carnivals find new ways to attract a younger generation to the sport of kings.

Sweet seduction by the dram

Sweet seduction by the dram

Whiskies are further enhanced when paired with the sweetness of treats such as honey, citrus and cocoa.

Look up in wonder: fresh angles on ceilings

Look up in wonder: fresh angles on ceilings

Architects are increasingly spurning flat surfaces overhead and creating eye-catching ceilings with complexity and flair.

Patient and particular in provenance

Patient and particular in provenance

Applying an ethical approach to fashion is the essence of the Slow Luxury phenomenon.

Latest TV

Net profits

Mark Ryan, CEO of one of Australia's biggest fish farmers, Tassal, talks about the company's future in an industry on the verge of a boom.

Hoyts hype

Cinema and ad company Hoyts has launched its pre-float marketing campaign, booking fund managers for a non-deal roadshow.

Piracy wars

Internet piracy is higher in Australia than in many other countries. A furious debate has begun over who's responsible for stamping it out.

Rear Window

Joe Aston examines the prospects for business as the possibility of Scottish independence looms.