Watchdog moves on land banking
About $100 million has been tipped into thousands of "options" of land lots in at least eight land banking schemes in Victoria and Queensland.
Stock Ticker
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- ASX ASX LIMITED 0.0%
- AZJ AURIZON HOLDINGS LIMITED 0.397%
- BHP BHP BILLITON LIMITED -0.745%
- BXB BRAMBLES LIMITED 0.591%
- CBA COMMONWEALTH BANK OF AUSTRALIA. 0.0%
- CCL COCA-COLA AMATIL LIMITED -1.122%
- CPU COMPUTERSHARE LIMITED. -1.6%
- CSL CSL LIMITED 0.248%
- CTX CALTEX AUSTRALIA LIMITED -1.108%
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Key Stories
5 reasons the 'yuan crisis' is a beat-up
This week's slide in the value of the yuan doesn't bear comparison with real currency crises.
Threats prompted fraud: ex-banker
An unforgettable threat to the senior Westpac banker: "I know you have three children".
Online retailers going the 'last mile'
The promise by Domino's Pizza to have food at the door in 15 minutes is another indication that we want things and we want them now.
Competition key to a brave new Australia
Sometimes it's my duty is to make sure you know what the econocrats are thinking.
Learning to live with the robot
Experts say segregation is not the way to avoid accidents in the era of the autonomous.
Decision time for Mr Wagyu
At a time when dining is meant to boom to help replace mining, farmers targeting the premium end are running into regulators.
- Markets Yuan shock, weak profits drag ASX to seven-month low
- Banking and Finance More pain in store for first-home buyers
- Business The one chart you need to see this week
- Banking and Finance ASIC has bank coffers in its sights
- Business Telstra faces a tough year of competition
Market Indices
Last updated: August 15, 2015 - 2:00AM
Last updated: August 15, 2015 - 2:00AM
Last updated: August 15, 2015 - 2:00AM
Last updated: August 15, 2015 - 2:00AM
Learning to live with the robot
Experts say segregation is not the way to avoid accidents in the era of the autonomous.
In Depth
Decision time for Mr Wagyu
At a time when dining is meant to boom to help replace mining, farmers targeting the premium end are running into regulators.
Buyers beware in banks' stock clearance
It might look tempting, but don't rush in to buy.
A million people out of work
So is there really a skills shortage?
Workplace
BHP boosts female ranks on its board
Female representation on the BHP Billiton board of directors has grown..
Low wage growth could mean power shift: RBA
The jobs market improvement could reflect a "general shift" in the bargaining power of labour, RBA official admits.
Markets
Winners and losers from weaker yuan
Credit Suisse has identified the companies set to win or lose as the effects of a weaker yuan take hold.
Honey, pills and cereals: the small Aussie companies big in China
While investors focus on the challenges of China's painful economic adjustment, some listed Australian businesses are focusing on the opportunities.
Rubber hits road for Ansell directors
Ansell this week reported that its earnings improved by anywhere between 11 per cent and 20 per cent.
- US Fed expected to bump rates twice this year
- Opinion Emerging markets to suffer as yuan devalues
- Wall St ends flat as energy shares drop with oil
- Shares, currency hit as China devalues further
- 'Perfect storm' brews for Asia as China devalues
- Shares run out of puff as Telstra drags
- $A rebounds as yuan enters 'comfort zone'
- Wall St ends near flat after late-day rally
Oil gains on stockpile decline, dollar weakness
Search Quotes & Charts
The Economy
Future bright despite road bumps
Jobs, jobs, jobs. The politician's mantra and it will become deafening as we approach the federal election.
Low wage growth could mean power shift: RBA
The surprise improvement in Australia's labour market this year could reflect a "general shift" in the bargaining power of labour, a Reserve Bank official has admitted.
Retail
Major flaws in NSW Fair Trading's product safety and recall process
Faulty processes at NSW Fair Trading caused delays, confusion and cases to fall between the cracks, internal audit finds.
Samsung washing machines fixed with bag and tape before sale
Samsung customers are prying open washing machines not subject to a national recall and discovering the controversial plastic bag and tape fix that is being applied to faulty units.
Banking & Finance
CBA's Narev says higher GST could fire the economy
Changing the tax mix by increasing the GST while cutting personal and corporate tax rates would "undoubtedly" stimulate the economy, says CBA chief executive Ian Narev.
Heavy lifting on capital done
Our banks can probably satisfy the upward drift in capital requirements without more explicit raisings, analysts say.
Mining & Resources
Atlas hits a tight spot deep in the red
Struggling iron ore miner Atlas Iron has revealed it has very little room to manoeuvre within its banking facilities after slumping deep into the red with a $1.4 billion loss.
Digging up bodies to dig up farms to dig up coal
A small notice in the local newspaper was the first residents of Bylong Valley knew of plans to disinter five bodies from their local cemetery.
World Business
US consumers go shopping, despite turmoil
Sales at US retailers rose 0.6 per cent in July, even as the sinking stock market in China and ongoing Greek debt crisis hurt confidence.
Nestle noodle nightmare in India ends
Global food giant has win over Indian government over its Maggi noodles
China
$A rebounds as yuan enters 'comfort zone'
The Australian dollar rebounded on Thursday on hopes China will not let the yuan depreciate more after its central bank stepped up its verbal support for the currency.
'Perfect storm' brews for Asia as China devalues
Asia could be heading into another 1997-style crisis as China's currency devaluation sends shock waves through Asian financial markets, analysts say.
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Property Focus
Investors pump $3b into neighbourhood retail
Funds, trusts and syndicates are snapping up neighbourhood and sub-regional shopping centres.
Housing boom lifts eanings for REITs
The current reporting season has reached the halfway mark for the real estate investment trusts and as predicted, residential developments are the shining beacon.
Mega sites indicate mega confidence
With Sydney's population forecast to grow at 80,000 people per annum, around 33,000 additional dwellings are required to meet the forecast demand. Â
Education sector the new city dweller
Land prices quadruple near RMIT
The price of land in the CBD's northern precinct near RMIT has quadrupled since the market's last peak in 2007.
Executive Style
The show every car lover must see once
Pebble Beach's Concours d'Elegance is the holy grail for prestige car fanatics.
Money
QBE improves its core strength
The possibility of higher dividends makes the big insurer quite attractive.
Platinum Asia calling
New fund offers investors a chance to benefit from the booming economies of our Asian neighbours.
Small Business
Party plan = pyramid schemes?
One thing's for sure, they're not really about kitchen gear, clothes and cosmetics.
A million people out of work
So is there really a skills shortage?
Business Video
Business Week: the renminbi ride
Beijing'€™s move to devalue its currency sparked all manner of speculation about the end of capitalism and the collapse of Asia. Michael Pascoe comments.
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Comment & Analysis
Competition is the key to a brave new Australia
Contains:
total comments6
5 reasons the 'yuan crisis' is a beat-up
Contains:
total comments2
'Dig politics' fails Economics 101
Contains:
total comments7