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Will iron ore drop below $US50?

The spectacular collapse in the iron ore market could see a four appear in front of the price in a matter of weeks but those hoping it will push iron ore majors Rio Tinto and BHP Billiton to review their aggressive expansion strategies are set to be disappointed.
Amanda Saunders

The spectacular collapse in the iron ore market could see a four appear in front of the price in a matter of weeks but those hoping it will push iron ore majors Rio Tinto and BHP Billiton to review their aggressive expansion strategies are set to be disappointed.

Caption

Bank safety net carries a cost

James Eyers and Clancy Yeates

Two of Australia's largest banks are warning that interest rates could rise if they are made to carry more capital.

XERO founder Rod Drury has attacked MYOB's prospectus, claiming it lacks the right details.

Xero demands more details from MYOB

Shaun Drummond

Xero founder Rod Drury has escalated his attacks on MYOB, claiming its prospectus does not give enough detail to investors.

Currencies

Last updated:
United States Dollar
0.7618 0.14%
Euro
0.7069 -0.28%
British Pound
0.5138 0.08%

In Depth

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.

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The Economy

Manufacturing continues to shrink

The Australian Industry Group's gloomy performance of manufacturing index shows the sector is still struggling.
Tim Binsted

The nation's manufacturing sector has shrunk for the fourth straight month despite the dramatic devaluation of the Australian dollar as political uncertainty and weak business investment weigh.

Retail

Tough talk needed to curtail giants

In a recent survey, more than 70 per cent of Australians said Coles and Woolworths held too much control in groceries. Less than one in five thought supermarket competition was "healthy".
Julie-Anne Sprague and Sue Mitchell

The Harper review ignores pleas from the nation's biggest supermarket chains to abandon an 'effects test'.

Metcash hoses down tax timebomb talk

Metcash logo
Madeleine Heffernan

Metcash has hosed down suggestions it owes money to the tax office for failing to pay fringe benefits tax on the "overseas study tours" taken by its employees.

Banking & Finance

Bank safety net carries a cost

Caption
James Eyers and Clancy Yeates

Two of Australia's largest banks are warning that interest rates could rise if they are made to carry more capital.

Mining & Resources

Coal mine could hurt endangered finch

Black-throated finch.

Plans to build coal mine in central Queensland would wipe out the habitat of the world's most significant population of an endangered finch.

World Business

$US1m-plus song manuscript for sale

DonMcLean touring Australia in 2013.
Madeline McMahon

The manuscript for one of the most popular sing-along tunes of all time, "American Pie," will go on auction this month. The asking price: at least $US1 million.

McDonald's will test breakfast all day in US

McDonald's is hoping all-day McMuffins will help boost sales.
Craig Giammona

McDonald's will experiment with serving breakfast all day at some San Diego-area locations as Chief Executive Officer Steve Easterbrook seeks to pull the restaurant chain out of a sales slump.

China

The Aussie company eyeing China's solar market

RayGen believes it can crack the Chinese market with its solar technology.
Angela Macdonald-Smith

Victorian solar power developer RayGen will on Friday host giant renewable energy producer China Three Gorges Corporation at the opening of its pilot plant west of Bendigo.

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Money

Four steps to beat pain of bad timing

Strategy as well as timing investments will help bolster your retirement funds.
Catherine Robson

The way you approach your investments in the first place can reduce the risk of future harm.

Small Business

How to fund your start-up

Sydney Seed Fund partner Garry Visontay.
Adam Courtenay

There are ways to find capital injections even in a world where access to seed funding is extremely tough.

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