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Kerry Stokes' Seven West Media faces concern over a share price tumble that has created a gap of almost $1.5 billion between the value of its net assets and its market capitalisation.

Kerry Stokes feeling the heat

Jared Lynch

Right now there are certainly those asking if Stokes is losing a golden touch that has kept 'the man from nowhere' in business for more than half a century.

Radio in the shape of Lips
SMH GUIDE Illustration by JOHN SHAKESPEARE

Radio silence from Pandora on accounts

Madeleine Heffernan

Internet radio service Pandora joins Facebook, Twitter and BuzzFeed in seeking exemption from filing accounts that would reveal its local earnings and tax.

Ruth Porat, who will join Google on May 26, will also get an annual base salary of $650,000.

Google to pay new CFO more than $70m

Google has said it would pay its new Chief Financial Officer, Ruth Porat, more than $70 million through a combination of restricted stock units and a biennial grant.

Calls to reform tax concessions on superannuation come as the government struggles to manage the budget and support an ageing population.

Super balances above $2.5m in firing line

Sally Rose

Pressure is mounting on the government to change the rules that allow wealthy people with millions of dollars in superannuation savings to access their money in tax-free lump sums.

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In Depth

Coffee market moves into consolidation

The classic English breakfast (L), the cafe uses Yahava coffee roasters.
Madeleine Heffernan

The coffee sector is estimated to be worth $3.2 billion a year so there is no wonder it attracts the likes of Retail Food Group.

Radio silence from Pandora

Radio in the shape of Lips
SMH GUIDE Illustration by JOHN SHAKESPEARE
Madeleine Heffernan

Internet radio service Pandora is seeking exemption from filing accounts that would reveal its local earnings and tax.

Trading Room

How the miners are undermining our wealth

Claude Walker

If these price falls have served any purpose, it’s to remind us of the risks faced by those who invest their retirement savings in mining, oil and gas.

Markets

Janet Yellen says Fed will increase rates slowly

Federal Reserve chair Janet Yellen.
Binyamin Applebaum

The Federal Reserve chairwoman says the Fed plans to raise interest rates more slowly than during past recoveries because of the unusually fragile condition of the US economy.

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The Economy

Retail

What kind of shopper are you?

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Australians are a very loyal bunch, with 60 per cent rarely venturing beyond their 10 preferred stores and online shops, a credit card survey has found.

Banking & Finance

Super balances above $2.5m in firing line

Calls to reform tax concessions on superannuation come as the government struggles to manage the budget and support an ageing population.
Sally Rose

Pressure is mounting on the government to change the rules that allow wealthy people with millions of dollars in superannuation savings to access their money in tax-free lump sums.

Mining & Resources

Rio slashes M&A; team as cuts deepen

Rio Tinto has lost a test case against the Australian Taxation Office over the claiming of GST credits for housing it builds for workers in remote locations.
Peter Ker

Rio Tinto's continuing ongoing austerity campaign is set to force departures from its mergers and acquisitions and business development areas.

World Business

Women narrow the gap

Tech giants like Apple, Google and Facebook are taking their financial talent from Wall Street.
Carol Hymowitz

Tech giants like Apple, Google and Facebook are taking their financial talent from Wall Street.

China

Give China a reserve currency

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William Pesek

Increased use of the yuan as one of the world's reserve currencies will force China to restructure more radically than its leaders may realise.

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Business Video

Germanwings crash puts aviation under spotlight

As French investigators search for clues as to why Germanwings flight 4U9525 crashed, killing all 150 on board, there's a lot at stake for the companies involved.

Duration
02:19