Big sugar fires back over tax
Australian soft drink makers say a tax on sugary beverages will do little to combat obesity.
Stock Ticker
- AGL AGL ENERGY LIMITED. -0.06%
- AIO ASCIANO LIMITED 0.00%
- AMC AMCOR LIMITED -0.42%
- AMP AMP LIMITED 0.34%
- ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED -1.66%
- APA APA GROUP 0.24%
- ASX ASX LIMITED -0.22%
- AZJ AURIZON HOLDINGS LIMITED 0.25%
- BHP BHP BILLITON LIMITED -1.49%
- BXB BRAMBLES LIMITED 0.25%
- CBA COMMONWEALTH BANK OF AUSTRALIA. -0.30%
- CCL COCA-COLA AMATIL LIMITED -0.58%
- CPU COMPUTERSHARE LIMITED. -0.30%
- CSL CSL LIMITED 1.16%
- CTX CALTEX AUSTRALIA LIMITED 1.80%
- DXS DEXUS PROPERTY GROUP -1.50%
- GMG GOODMAN GROUP -0.45%
- GPT GPT GROUP 0.20%
- IAG INSURANCE AUSTRALIA GROUP LIMITED 0.18%
- IPL INCITEC PIVOT LIMITED -0.32%
- JHX JAMES HARDIE INDUSTRIES PLC 0.00%
- LLC LENDLEASE GROUP -0.21%
- MGR MIRVAC GROUP -1.32%
- MPL MEDIBANK PRIVATE LIMITED 1.10%
- MQG MACQUARIE GROUP LIMITED -0.28%
- NAB NATIONAL AUSTRALIA BANK LIMITED -1.49%
- NCM NEWCREST MINING LIMITED 0.12%
- ORG ORIGIN ENERGY LIMITED -0.96%
- ORI ORICA LIMITED 0.51%
- OSH OIL SEARCH LIMITED -0.44%
- QAN QANTAS AIRWAYS LIMITED 0.49%
- QBE QBE INSURANCE GROUP LIMITED 0.28%
- RHC RAMSAY HEALTH CARE LIMITED 0.30%
- RIO RIO TINTO LIMITED -0.54%
- S32 SOUTH32 LIMITED 0.97%
- SCG SCENTRE GROUP 0.00%
- SEK SEEK LIMITED 1.31%
- SGP STOCKLAND -0.47%
- SHL SONIC HEALTHCARE LIMITED 1.52%
- STO SANTOS LIMITED 0.25%
- SUN SUNCORP GROUP LIMITED -0.25%
- SYD SYDNEY AIRPORT 0.77%
- TCL TRANSURBAN GROUP -0.18%
- TLS TELSTRA CORPORATION LIMITED. 1.35%
- VCX VICINITY CENTRES 1.60%
- WBC WESTPAC BANKING CORPORATION -0.28%
- WES WESFARMERS LIMITED 0.48%
- WFD WESTFIELD CORPORATION 0.71%
- WOW WOOLWORTHS LIMITED 0.91%
- WPL WOODSIDE PETROLEUM LIMITED 0.77%
Key Stories
ATO's private list kicks up more questions
Just $2 billion net tax on total income of $145 billion. What a time to be alive.
House price falls 'helpful', says RBA chief
RBA governor Glenn Stevens has talked up regulatory measures taken to slow lending to property investors.
Tabcorp board raised anti bribery push
Directors at Tabcorp directly discussed the importance of an anti-corruption compliance program with Elmer Funke Kupper in 2009 when he was chief executive.
The baby furniture failing the safety test
Erin Phillips assumed her baby products would have been tested for safety. But one crucial piece of baby furniture does not have mandatory testing and three big brands have failed a safety test.
Big four banks pull ASX down
The impending Easter break has given investors a reason to take a breather, with the ASX ending Tuesday's session lower thanks to the big four banks.
ATO lifts the lid on rich-list company tax
Companies controlled by high-profile rich listers have revealed their tax bills publicly for the first time.
- Business Opinion So, Telstra, just what are we paying for?
- Markets Heavyweights rally behind ex-ASX chief
- Business 15,000 students in limbo as ACN collapses
- Retail Dick Smith workers' dilemma
- Consumer Affairs 'Junk' health insurance policies revealed
Market Indices
Last updated: March 22, 2016 - 7:48PM
Last updated: March 22, 2016 - 7:48PM
Last updated: March 22, 2016 - 7:48PM
Last updated: March 22, 2016 - 7:48PM
'Junk' health insurance policies revealed
When people look to downgrade their health policies as prices rise, they need to watch out for plans that offer little more than the public Medicare system, say consumer advocates.
In Depth
Why women worry so much
Consumer confidence might be up - but don’t ask your female friends what they think.
Crafty Kraft's big secret
Usually when companies come out with a new formula, they want the public to know. But Kraft waited until 50 million boxes had sold.
The sugar-guzzling generation
A study has found three-quarters of one age group exceeding the guidelines for daily sugar intake.
Workplace
Stand up, perfectionists. You are OK after all
When did perfectionism get to be such a dirty word? Everyone thinks it is a bad thing.
Can you answer the banned Google interview questions?
Google used to ask far out interview questions, but decided they were too tough. Here are 17 of the curliest ones.
Markets
Aussie pips US76c amid spat over 'jawbone'
The Australian dollar continued to trade under US76¢ for most of Tuesday as speculation continued that the US Federal Reserve could raise interest rates as soon as next month.
Kiwi market a buy, even at record high
The New Zealand sharemarket hit a fresh record high on Tuesday but the market's dividend yield still looks attractive.
Markets Live: Struggling at 5200
Live
Shares trade slightly lower, pulled down by the big banks and miners.
- Disunity at the Fed as early rate rise touted
- Future Fund prepares for volatility
- Investors' top 12 commodity questions: HSBC
- China sought US help to steady markets
- Twitter turns 10 - and looks to reinvent itself
- US scolds RBA for talking down $A
- Negative rates being used to devalue currencies
- 'Circular firing squad' claims Valeant chief
Trump to trigger 'global growth scare': Gundlach
Search Quotes & Charts
The Economy
House prices up 0.2pc in December quarter
Australian capital city house prices rose 0.2 per cent in the December quarter, beating market expectations, official figures show.
The $5250 a year tax that could change everything
Some homeowners will be better off under the deal that proposes abolishing stamp duty and introducing an annual land tax.
Retail
Nick Scali CEO Anthony Scali lifts stake after family sell-down
Nick Scali chief executive Anthony Scali has reaffirmed his commitment to the furniture retailer by buying shares owned by his brother and sister as part of a $70 million family sell-down.
Executives tremble when new CEOs arrive
Upper management trembles when a new CEO arrives, with the ''new broom'' syndrome playing out again in corporate Australia.
Banking & Finance
ASX will be a global blockchain pioneer
Blythe Masters is confident that Australia will build one of the world's first distributed ledgers of scale, which will slash billions from bank costs.
ACCC warns 'cosy' banks it is concerned about competition
The chairman of the competition regulator ACCC has cited alleged manipulation of a key benchmark interest rate as evidence that banking competition is not intense enough.Â
Mining & Resources
Copper deals come a cropper
A 15 per cent surge in copper prices may have thwarted the deal makers.
AGL faces power station strike
AGL Energy says strike action is a threat to Victoria's power security.
World Business
RBNZ investigates interest rate leak claim
An investigation is underway in New Zealand into whether news of a surprise official interest rate cut on March 10 was leaked.
Ex-Vale chief dies in plane crash
Roger Agnelli, the Brazilian banker who turned Vale SA into the world's No. 1 iron ore producer, died on Saturday in a plane crash. He was 56.
China
What Trump gets right, and wrong, about China
If there is one thing Donald Trump seems sure about, it is that the US is getting a raw deal from China. Here's a reality check on his arguments.
Why you shouldn't buy that Picasso
You'd have thought negative interest rates would fuel a boom in diamonds, antiques and fine wine. But you'd be wrong.
Featured advertisers
Property Focus
Big impact awaited from new standards
New accounting standards are likely to affect how real estate deals are structured, experts say.
Shop sales show strong start to year
Small suburban stores continue to attract investors in 2016.
Investa manager rejects DEXUS offer
The $2.5 billion DEXUS Property takeover stoush for the listed Investa Office Fund is undervalued and should be rejected, according to the fund's current manager.
Investa Office Fund battle intensifies
Chatswood riding high on new leases
Residential developments from office conversion, infrastructure upgrades and the new metro rail project are creating a perfect storm of demand for commercial space in Sydney's northern suburbs.
Executive Style
The best bang-for-buck supercars
You need to spend to go fast - but not as much as you might think.
Money
Helping your parents with aged care
It pays to check out care options sooner rather than later.
Can you trust the P/E ratio?
The price-earnings ration is the go-to metric for valuing companies, but it holds real risks.
Small Business
Crowdfunding by day, cleaning by night
Finding the money to get a creative business started can be a hard slog.
Budget wish list for small business
Bring it on say small businesses as Prime Minister Malcolm Turnbull moves the budget forward to 3 May.
Business Video
Private companies reveal tax bills
Companies controlled by high-profile rich listers have revealed their tax bills publicly for the first time.
- Duration
- 02:12
-
- Duration
- 01:01
-
- Duration
- 01:47
-
- Duration
- 00:58
-
- Duration
- 00:34
-
- Duration
- 01:04
-
- Duration
- 02:19
Comment & Analysis
Telstra outages could cause long-term damage
Contains:
This article contains a video.
The $5250 a year tax that could change everything
Contains:
This article contains a video.
Medcraft opens up on carnivorous past
Contains:
This article contains a video.