Apple could conjure up zero tax
Apple has used clever accounting tricks that could allow it to pay virtually no tax on its profits in 2016.
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Key Stories
Assets of Palmer's nephew under spotlight
Clive Palmer's nephew and confidante, Clive Mensink, and his assets have become the focus of administrators.
ANZ 'back to basics' with new CEO
ANZ Banking Group's new chief executive will retreat from the expansion through Asia pursued by his predecessor.
Utilities face power break-up
Australia's largest energy companies will face investor pressure as commodity prices pile pressure on balance sheets.
Weak inflation won't force a rate cut
Inflation is very low. It will remain low for the rest of the year, but the RBA will not be rushing to cut the cash rate.
NAB shareholders call for accountability
Long-suffering shareholders in National Australia Bank voted overwhelmingly for the spin-off of Clydesdale, but they are not inclined to forgive and forget past mistakes.
Medcraft on the beat for old job
Our top corporate cop, Greg Medcraft, will not be packing his bags for a one-way trip to London after all.
- Retail Investors back Metcash bid for Home
- Business Rio sells more assets, buyers gamble
- Markets ASX slides back below 5000
- Aviation Air NZ plans Queenstown night flights
- Retail Dick Smith staff 'not properly consulted'
Market Indices
Last updated: January 28, 2016 - 3:38AM
Last updated: January 28, 2016 - 3:38AM
Last updated: January 28, 2016 - 3:38AM
Last updated: January 28, 2016 - 3:38AM
China's 'daigou' shoppers leading Australian retail drive
First they bought up our baby formula, then vitamins, now the millions back home have their eyes on Australia's fresh food.
In Depth
Why nobody's buying gold
Gold, usually a safe haven in times of crisis, has increased only marginally this year despite the widespread turmoil.
Stocks can't predict the future
Little weight is accorded to stock prices by serious economists whose job is to estimate the future course of the economy.
Supermarkets stand by local honey
Claims that Australian honey is the most contaminated in the world dismissed as an 'exaggeration'.
Workplace
Public servants owe it to taxpayers to turn up
Public servants urged not to chuck sickies on Monday.
Are you a job hopper? Why you need to find your fit
What we often fail to appreciate is that job satisfaction is more to do with personality than luck.
Markets
Markets Live: ASX drops below 5000
Live
Mood sours as oil and Chinese shares fall, with banks dragging shares lower.
Apple: When $US18b isn't enough
Apple has another problem on its hands, and it's got nothing to do with tax.
$A jumps on inflation data
The Aussie dollar jumped almost half a cent on Wednesday after higher than expected inflation data.
- Apple sells fewer iPhones than expected
- Oil surges on hopes for output cut
- need2know: Oil fuels Wall Street rally
- Oprah's weight loss means big share gains
- Unloved and oversold: why nobody's buying gold
- China stocks plunge again
- Australian shares set to reverse
- COMMENT Stocks can't predict the future
PBOC injects most cash since 2013
Search Quotes & Charts
The Economy
Inflation slightly higher than expected
Inflation has come in slightly higher than expected, with December quarter inflation of 0.4 per cent, or 1.7 per cent year-on-year.
Apple's tax bill hits $85m on revenue of $7.9b
Apple paid $85Â million in Australian income tax last year, despite making almost $8 billion in local revenue, accounts filed with the corporate regulator show.
Retail
Quiksilver to go private under rescue plan
The largest shareholder in Billabong International could emerge with almost full control of arch rival Quiksilver if the now-US based surf and skate wear retailer emerges from bankruptcy.
Metcash rallies on Home hardware talk
Investors are buying into Metcash's grocery recovery story and intensifying talk it may buy Woolworth's Home Timber and Hardware business.
Banking & Finance
ANZ still looking for new CFO, head of digital
Two big management changes are still still to come at the ANZ - chief financial officer and group executive, digitalÂ
Apple gags banks over Apple Pay negotiations
Australian banks and payment companies negotiating with tech giant Apple on its Apple Pay platform could be sued for tens of millions of dollars if they breach agreements to keep the talks secret.
Mining & Resources
Iron ore tipped to win wooden spoon
Iron ore prices are likely to post the biggest loss among metals this year, according to the World Bank.
Nickel bloodbath in WA as Mincor, Panoramic announce closures
The sustained decline in the nickel price has forced three more West Australian operations into suspension at the cost of more than 100 jobs, as the toll of the price crash mounts.
World Business
Apple's tax bill hits $85m on revenue of $7.9b
Apple paid $85Â million in Australian income tax last year, despite making almost $8 billion in local revenue, accounts filed with the corporate regulator show.
McDonald's all-day breakfast a hit
McDonald's posts improved sales thanks to Americans loving the start of all-day breakfasts and renewed consumer demand in China.
China
China's 'daigou' shoppers leading Australian retail drive
First they bought up our baby formula, next it was vitamins, now the millions back home have their eyes on Australia's fresh food - and they're sending in their shoppers.
China's industrial profits fall
Slowing economy hits sales and forces Chinese companies to cut prices.
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Property Focus
Mike Baird's $3 billion sell-off of public buildings
The NSW government is selling off some of Sydney's most iconic buildings.
No more beer and schnitzel in suburban pub war
Prompted by changing tastes and lockout laws, glammed-up pubs are heading further out into Sydney's suburbs.
Pub sector intoxicated with sales
Investors have poured more than $500 million into the pub sector, making it one of the busiest areas in the real estate sector.
City Tattersalls votes for $200m redevelopment
Scentre strikes $2.85m deal with Booodl start up
Shopping is not everyone's most enjoyable way to spend a day, particularly wandering around a mall trying to locate the stores selling the items on your list.
Executive Style
Diversity desperately needs this man
David Morrison can reach out to those who most need a good talking-to - men.
Money
Beating the curse of problem gambling
Matt Torcasio is proof that there is hope for the millions of Australians affected by problem gambling.
Sold to the lady in the pirate sundress
Mind Over Money | If your goal is to buy a home, you need a strategy for how to deal with auctions.
Small Business
Separating real clients from the rest
Six tips to avoid pretend clients and other time wasters.
Aussie startup unlocks US market
Startup backed by Lachlan Murdoch is now available to more than 9 million customers in the United States thanks to a deal with Boost Mobile.
Business Video
Anger mounts over Google's UK tax bill
A British parliamentary committee will ask Google to testify about a back tax deal under which it will pay 130 million pounds (AUS$266 million) to settle claims covering a 10-year period.
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Comment & Analysis
Guvera: it's like radio without the money
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Apple's tax bill hits $85m on revenue of $7.9b
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Apple earnings: Has the iPhone peaked?
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