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'Wicked winds swirling around'

Traders on the floor of the New York Stock Exchange: How bad is it going to get?

10:43AM

Investors are bracing for more pain in global sharemarkets as the US earnings season kicks off.

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Volkswagen and Audi have halted sales of some diesel models.

Volkswagen and Audi suspend diesel sales

David McCowen

Global emissions scandal widens as the brand suspends deliveries of some diesel models.

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'They want their problems buried'

Adele Ferguson

One CBA victim fears the bank is waiting for elderly victims to die to avoid paying compensation.

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Few predicted the Chinese economy would struggle so badly this year, crimping demand for industrial minerals like iron ore.

Are resources finally bottoming out?

Peter Ker

Investors are waiting for the bounce to come and some think it might be sooner rather than later.

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(FILE PHOTO)Sepp Blatter has announced that he will resign as FIFA President. ZURICH, SWITZERLAND - MAY 30: FIFA President Joseph S. Blatter talks to the press during the FIFA Post Congress Week Press Conference at the Home of FIFA on May 30, 2015 in Zurich, Switzerland. (Photo by Alessandro Della Bella/Getty Images)

Coca-Cola, McDonald's: Blatter must go

Tariq Panja

Top sponsors overnight demand Sepp Blatter quit "immediately" to end damage to soccer's reputation. Swiss prosecutors have started criminal investigations into the FIFA president over his role in the kickback scandal.

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eBay base laid bare in court case

Michael West

A stoush with former staff has unveiled an intriguing tax structure of the multinational.

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The Fed's guide to love and romance

Luke Kawa

You'll never look at "credit unions" the same way again after reading this Federal Reserve report.

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Retail Did broken foot hobble Nairn's DJs reign?
Mining and Resources Home conduct hits Adani's away plans
Markets US stocks rise against the odds
Banking and Finance SMSFs dispute cost of super tax breaks
Banking and Finance ANZ's Elliott urges calm on China

Market Indices

Last updated: October 3, 2015 - 7:16AM

Currencies

United States Dollar
Last updated: Oct 3, 2015 - 9:00AM (delayed by 30 minutes)
0.7048	-0.04%
Euro
0.6288	-0.06%
British Pound
0.4643	-0.06%

Comment & Analysis

Michael West

eBay base laid bare in court case
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Harold Mitchell

Honesty matters in sport and business
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Matt Wade

Time to borrow, says the IMF
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Cam Hines (left) and Dave Bonighton, of Mountain Goat Brewery in Richmond, Melbourne, have sold their business to Asahi.

Craft beer caught in breweries' spending spree

Jared Lynch

It's enough to make you shout. Beer sales are flat and the big brewers are not only snapping up each other, they're swallowing their smaller rivals.

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In Depth

Mining slump hits hardest in middle

Clancy Yeates

Middle income households have been hit hardest in the economy's post-mining boom weak patch.

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Early start will help pay for education

Perth College Perth 060517 AFR pic by Erin Jonasson. Perth College the private Girls School in Mt.Lawley. First use AFR please. Junior school Girls in the school grounds during lunch, senior and Junior private school education. winter uniform, cost of education, generic hold for files. SPECIALX 00051350

Alex Berlee

Where should parents begin if they want to make sure they can cover the cost of educating their children?

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Drone start-up raises $1m

Propeller Aerobotics founders Rory San Miguel and Francis Vierboom say technology should be Australia's new export industry.

A start-up that uses drones to make 3D maps for mining and construction companies has raised $1 million from investors including David Gonski's son Michael.

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Workplace

Toolbox approach needed to handle liars

Broken promises probably start with an exploitative lie.

Jim Bright

Part of growing up is to learn the awful truth that everybody lies. .

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Productivity crashes when you're in the dead zone

Luckily, I have mobile minutes, which I can also chew through calling my new friends in the mobile department, the billing department, the internet department and the landline department.

How do you keep the show going when you're in that void during a service provider switch?

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Markets

RBA more likely to cut this year

RBA governor Glenn Stevens is not expected to cut rates in October but a November drop appears likely.

Rose Powell 2:56PM

Economists aren't expecting any change to interest rates on Tuesday but an increasing number believe the RBA will cut before the end of the year.

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OneAll International IPO to raise just $2.5m

Regular checks will ensure your deck is safe.

Rose Powell 1:56PM

"Too many dodgy Chinese companies have come to the ASX, raised money and disappeared back overseas," its banker says.

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Is Glencore too big to fail?

Ivan Glasenberg, chief executive of Glencore, has watched a large portion of his fortune disappear in the past week.

Jonathan Shapiro

The reaction in credit markets to Glencore's woes resurrected a question pondered first by a Canadian central banker three years ago: How reliant is global commerce on the solvency of these secretive trading firms?

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Wynn surges on hopes for Macau gaming sector
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Wall St turns as commodity producers rally
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Gold gains for first time in six sessions
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Copper flat though global growth worries rise
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US oil rigs drop to lowest in five years
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Few obvious price bubbles, says Fischer
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Record ore exports from Port Hedland
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Jobs data dims chances of 2015 rate rise
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Wall St tumbles on weak jobs data

Search Quotes & Charts

The Economy

What the terrible jobs report means

Neil Irwin

Friday's US job numbers were poor on pretty much every level - and there was no silver lining.

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Wall St tumbles on weak jobs data

Tanya Agrawal

US stocks fell sharply at the open after weak jobs data raised doubts the economy is strong enough to allow the Fed to raise interest rates this year.

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US jobs growth stumbles
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Retail sales rise 0.4pc in August
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Obama administration moves against Big Tobacco
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Time to borrow, says the IMF
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Has globalisation peaked?
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Retail

Restaurants add big data to the menu

SYDNEY, AUSTRALIA - OCTOBER 01: Monique Atlas (with tablet) at Mejico Restaurant which enhances the dining experience via detailed customer profiling on October 1, 2015 in Sydney, Australia. (Photo by Michele Mossop/Fairfax Media)

Esther Han

In recent days at his beachside eatery the Duck Republic, owner Geoff Bramann has dazzled customers with his hospitality skills to the point where he is being called a magician.

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Retail sales rise 0.4pc in August

Consumer retail spending rebounded a little in August after falling in July.

Stephen Cauchi

Australian retail sales crept ahead in August after a fall in July.

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Banking & Finance

JPMorgan tipped to pay bulk of $2.6b settlement

JPMorgan is paying $US595 million, with the lender's portion of the accord largely based on the plaintiffs' measure of market share, sources said.

Michael J. Moore and Hugh Son

JPMorgan is set to pay almost a third of a $2.6 billion settlement to resolve accusations that a dozen big banks conspired to limit competition in the credit-default swaps market.

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New ball game at ANZ

Clancy Yeates

Shayne Elliott's time in charge of ANZ will be more focused on squeezing returns out of the business, rather than radically reshaping or expanding it.

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New ANZ chief to put focus on returns
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Suncorp's new CEO to 'maximise opportunities'
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Compare The Market signs Bupa deal
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Australian Catholic Superannuation early out of the blocks with 'RetireSmart'
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Mining & Resources

Call for more power to the people in energy market rules

POWER AFR 070309 MELB PIC BY JESSICA SHAPIRO... GENERIC electricity, power consumption, energy, standby, carbon trading, green power, powerpoint, global warming, industry, pollution, climate, change, greenhouse, power point ... AFR FIRT USE ONLY PLEASE!!! SPECIALX 62517

Brian Robins 1:19PM

Victoria's Consumer Action Law Centre warns that the pace of change in national energy markets is running ahead of consumer protections.

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Battle against Adani mine goes to UN

Lisa Cox 2:02PM

A new front has opened in the battle over Australia's largest coal mine with indigenous landholders taking their complaint to the United Nations.

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World Business

Morocco eyes boycott of Swedish companies

The Moroccan government has suspended the opening of the first IKEA store outside Casablanca.

Aziz El Yaakoubi

Morocco is considering a boycott of Swedish companies operating in the North African kingdom because of Sweden's position on Western Sahara's self-determination.

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Australian miner accused of bribing Thai officials

Mixed gold and silver are poured into ingot moulds at the Chatree gold mine's furnace in Thailand.

Lindsay Murdoch

Thailand's Anti-Corruption Commission is investigating an allegation that Australian gold mine operator Kingsgate Consolidated bribed Thai state officials to obtain a gold mining concession.

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VW scandal investigations to take months
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JPMorgan tipped to pay bulk of $2.6b settlement
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Glencore parallels with Lehman
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Dealers join the list of victims of the Volkswagen scandal
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Drones find friends in high places
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China

Jack Ma's painting debut at Sotheby's

"We have created an earth": Zeng Fanghi and Jack Ma (right) pose in front of their painting.

Frederik Balfour

The painting by the billionaire and Chinese artist Zeng Fanzhi could fetch as much as HK$2.5 million ($459,000) for charity.

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Chinese tradition a real money-spinner

Li Rui undergoes a moxibustion treatment -- with smoking sticks of mugwort -- to help prevent disease.

Dan Levin

Wearing grey pyjamas and furry purple slippers, Li Rui relaxed on a couch in a plush suite where she had spent the month since giving birth to her son - without ever going outside.

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China's $184b Aussie bond surprise
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WTO cites China among risks to trade growth
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Australia, NZ in China tourist 'arms race'
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HK, China stocks join global sell-off
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Australia hurt by reliance on China
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US tech titans greet Xi, but it's not all laughs
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Featured advertisers

Property Focus

Luxe brands go to great lengths to find right spot

An artist's impression of the new retail development at the MLC Centre.

Carolyn Cummins

In a sign of the shift in shopping demographics, more overseas tourists are visiting to take advantage of the lower Australian dollar and buy luxe items.

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Global investment in Australia at new highs

Brookfield property is selling its half share of the World Square shopping centre and car park at 580 George Street, Sydney through JLL.

Carolyn Cummins

Asset sales by Charter Hall, Brookfield Property and DEXUS Property will set the pace for a busy end to the 2015 calendar year.

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Sydney plays catch-up amid apartment demand

A Sydney office tower at 175 Castlereagh Street has the potential for conversion to apartments.

Carolyn Cummins

While there may seem to be a glut of inner city apartments, data reveals it is more a case of a market undersupply for the past decade in Sydney.

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Aerial view of Sydney's central west where demand is high for industrial properties

Industrial tenants head to the Central West

Education matters for Brookfield Multiplex
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World Square shopping centre up for grabs
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Investors look north and south
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Wynyard Place gets green light
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Pitt Street shopping mall will soon be inundated with Christmas shoppers.

Looking a lot like Christmas

Planning rules cut developers down to size

Simon Johanson

Planning Minister Richard Wynne has stunned the property industry by introducing interim planning rules ,effectively reining in extremely tall and contentious skyscrapers.

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