Dick Smith staff missing millions in entitlements
![Dick Smith's receiver Ferrier Hodgson has shut down the 27 concessions in David Jones stores.](/web/20160204035243im_/http://www.brisbanetimes.com.au/content/dam/images/g/m/c/8/5/f/image.related.thumbnail.192x128.gmle49.12uo4t.png/1454553506291.jpg)
Dick Smith receivers and managers Ferrier Hodgson has dispached the failed retailer's chief financial officer and slashed office jobs and uncovered $2 million in underpayment of staff entitlements.
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Tesla Motors has started taking orders for its Model X in China, giving customers in the world's largest auto market access to the new SUV before Europe.
Bill Gross says central bankers are "increasingly addled" as their low and negative-interest rate policies fail to produce sustainable growth.
A Shanghai court has fined three local tech firms for helping spread bizarre rumours about KFC.
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Energy utility AGL has flagged slower than expected rises in gas prices in the wake of the oil price slump as it grapples with a slowdown in gas use in industry.
Computershare appears to be reviving its credentials as a serial dealmaker with another loan servicing business acquired in the US for $US71 million on Thursday following its preferred bidder status to manage £30 billion of loans in Britain announced on Tuesday.
Pimco does not think the world is headed towards a recession. It expects the global economy to expand at a similar pace to 2015, meaning growth will track sideways in 2016.
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Supermarket chain Coles is helping consumers celebrate the Year of the Monkey by selling lucky bamboo - the only problem is the attached label says "goat".
Tabcorp said its first-half underlying profit rose despite a fall in betting on its retail network while incurring $8 million in costs defending "dirty money" claims.
Computershare appears to be reviving its credentials as a serial dealmaker with another loan servicing business acquired in the US for $US71 million on Thursday following its preferred bidder status to manage £30 billion of loans in Britain announced on Tuesday.
Hundreds of thousands of ANZ customers have launched their final appeal against the bank over credit card late fees in the High Court.
Energy utility AGL has flagged slower than expected rises in gas prices in the wake of the oil price slump as it grapples with a slowdown in gas use in industry.
Tasmania's reservoirs have only enough water to supply four months' worth of the state's power supplies after an extended dry spell and the failure of the main power link to the mainland has made things worse.
One of the most heated debates among investors is whether margins can maintain their elevated level.
Tesla Motors has started taking orders for its Model X in China, giving customers in the world's largest auto market access to the new sport utility vehicle before it debuts in Europe.
The transaction would be the largest acquisition of a foreign company by a Chinese firm and the latest in a string of deals by ChemChina.
A Shanghai court has fined three local tech firms for helping spread bizarre rumours about KFC.
AMP Capital has emerged as an unsecured creditor for the Dick Smith chain, with a worst case scenario debt of about $30 million.
The Elpis project will feature a 22-hectare park on its eastern border that will be home to about a dozen dinosaur models.
Property developer and hotelier Toga is to build a $160 million residential tower in the booming Macquarie Park precinct in Sydney's north west.
The year is already a month old and real estate has been in the news as much as the cricket and tennis. Thanks to the volatile sharemarket, investors are turning back to bricks and mortar for higher and more stable yields.
A new generation of men are dyeing their hair silver in the name of fashion.
Landlords have long held the upper hand in the rental markets in Australia's biggest cities, but there are signs that power is receding in 2016.
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Comment & Analysis
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