Discounter Aldi Australia makes more profit on each dollar of sales than its much larger rival Coles and has more scope to cut prices in the event of a prolonged price war, say analysts.
China's coal imports declined 37.5 per cent over the first six months of the year.
Housing prices in Australia are now 12 per cent overvalued says a leading investment bank that has called on policy leaders to launch tougher measures to make property prices fairer.
There is now no escaping the fact the big banks will have to raise billions of dollars to meet tough new regulatory requirements but they have been given some wriggle room.
The full impact of the oil price collapse on LNG revenues is set to be exposed in upcoming quarterly reports starting this week.
Alexis Tsipras finally realises that the series of big gambles he's made in the past six months has backfired.
Big banks have trimmed early losses and the ASX has returned to positive territory as China stocks open higher.
The first local float of a burgeoning crop of online bank challengers was up 10 per cent on its 20¢ offer price in early trading on Monday
There's a lesson for entrepreneurs in Airbnb's rocky start.
Hedge funds are upping their bets against digital powerhouse stocks such as SEEK, Carsales and REA Group.
