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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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OTHER 001 DOLLAR.MELB.021122.BRW.PIC BY JESSICA SHAPIRO... S

DOLLAR GENERIC, $100 BILLS, NOTES, MONEY, CASH, LOVE HEART, ECONOMY, SPEND, GREED, BANK, SAVE, FOR THE LOVE OF MONEY

BRW FIRST USE PLEASE!
***afrphotos.com***

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

Central banks tipped to buffet ASX

Rose Powell 4:13PM

The main domestic event for Australian markets will be the RBA meeting on Tuesday to determine the cash rate.

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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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BHP plans hybrid offer as corporate market reels from Glencore
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Is Glencore too big to fail?
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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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Purchases from steel mills in China may have slowed before a week-long national holiday, which ends October 7.

Record ore exports from Port Hedland

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

Disaster resilience key to managing climate change

The number of weather-related loss events has tripled since the 1980s. Inflation-adjusted insurance losses from these events have increased from an annual average of about $10 billion then to about $50 billion over the past decade.

Ruth Liew 6:24PM

Insurers have changed their approach to mitigating against climate change, from public campaigning to behind-the-scenes lobbying on planning decisions. But this could be set to change again.

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Turnbull effect evaporates for investors

"Investors' outlook for Australian shares in September was the lowest we've observed since the GFC and over half of active investors are still expecting a share market crash," said Recep Peker, head of research in wealth management at Investment Trends.

Ruth Liew 5:37PM

Turmoil in markets such as China pushed investor sentiment last month down to its lowest levels since the global financial crisis.

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JPMorgan tipped to pay bulk of $2.6b settlement
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New ball game at ANZ
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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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Mining & Resources

BHP hybrid raising in doubt

BHP Billiton could decide this week whether to push ahead with a hybrid debt issue

Peter Ker 6:30PM

BHP Billiton could yet walk away from the hybrid fundraising it has been spruiking to global investors over the past two weeks

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Miners to be hit by impending shipbuilding disputes

If a number of ordered ships to be built are abandoned there will be a big reduction in capacity, PPB Advisory partner Campbell Jaski said.

Amanda Saunders 4:14PM

Miners could face a hike in shipping costs if major shipowners succeed in a push to cancel up to100 bulk carriers on order in Japan, South Korea and China.

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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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$300m deal to control Peppa Pig
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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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