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James' $1m 'kick in the guts'

Kessel
Adele Ferguson, Mario Christodoulou, Klaus Toft

INVESTIGATION James Kessel suffered a heart attack that almost took his life. He thought his insurer would look after him.

Steve Smith and the Australian cricket team start their campaign at the Twenty20 World Cup on Friday.

Twenty20 TV deal sealed

Max Mason

Aussie fans will get to watch their team on free to air after last minute breakthrough.

Currencies

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In Depth

Australia's economic outlook

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VIDEO JPMorgan's senior global economist says Australian consumers are spending a lot more than their overseas counterparts.

Youngest billionaire and her pony

Alexandra Andresen is a scion of a family that made its fortune through tobacco.
Harriet Alexander and Richard Orange

Alexandra is 19 years old and horse-mad - and she's amassed a $1.6 billion fortune.

Workplace

Markets

Wall St extends three-week rally

The S&P 500 climbed 0.3 per cent to 1999.81 at 4pm in New York, capping a third week of gains, the best such stretch ...
Oliver Renick and Anna-Louise Jackson

The S&P; 500 rose for a fourth day, the longest rally since October, after a surge in hiring bolstered optimism about the US economy.

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The Economy

Retail

Retail sales defy market turmoil

Retail sales are strong enough, among other factors, for the RBA to keep rates on hold.

Retail sales have come in at 0.3 per cent growth for January, just below expectations, allaying fears market falls in January could hit confidence.

Banking & Finance

Mining & Resources

Port Hedland iron ore exports higher in February

Exports to China were 29.14 million tons in February, compared with 28.91 million a month earlier and 30.25 million in ...
Jasmine Ng

Iron ore exports from Australia's Port Hedland climbed last month, rebounding after a cyclone disrupted shipments in January, and as a cargo-tracking report said that Gina Rinehart's Roy Hill project had dispatched its first cargo of 2016.

World Business

China

How to fly like an Asian tycoon

The ultimate status symbol: An Embraer SA Legacy 500 jet on display at the Singapore Airshow held at the Changi ...
Joyce Koh and Rachel Chang

Hermes tea sets, Mahjong tables, disco lights and Swarovski-jewelled ceilings: Asia's growing number of moguls is spurring a buying spree for luxury jets.

Moody's warns China's credit rating could fall

Moody's joined Standard & Poor's in warning rising local debt has the potential to add pressure to the country's rating

China's credit rating outlook was lowered to negative from stable by Moody's Investors Service, which cited rising government debt, falling currency reserves and uncertainty over the authorities' ability to carry out reforms.

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Property Focus

Renewal sparks developer demand

The New Parramatta Road project aims to reduce congestion for the local residents.
Carolyn Cummins

Developers are honing in on residential development opportunities, known sometimes as "superlots" ahead of the implementation of the NSW Government's New Parramatta Road project.

Industrial asset sales reach $5b

Despite volatility in global financial markets, the Australian industrial market is tipped to remain robust in 2016.
Carolyn Cummins

Charter Hall and GPT are among the trusts that have earmarked what they view as non-core assets for sale to take advantage of the solid demand for properties by local and overseas buyers.

Executive Style

Is it time to shave the beard off?

The next trend in men's facial hair

Michael Harry

We've officially reached 'peak beard', so what's the next move for stylish guys?

Money

Small Business

Business Video

Top 10 richest people

Forbes releases its 30th annual global rich list.

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