Australian retaillers assured 'winter is coming'
Australia's long, hot summer has been a blessing and a curse for the retail sector.
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- ASX ASX LIMITED 0.24%
- AZJ AURIZON HOLDINGS LIMITED 1.57%
- BHP BHP BILLITON LIMITED 1.00%
- BXB BRAMBLES LIMITED 0.50%
- CBA COMMONWEALTH BANK OF AUSTRALIA. -0.14%
- CCL COCA-COLA AMATIL LIMITED 0.12%
- CPU COMPUTERSHARE LIMITED. -0.74%
- CSL CSL LIMITED 0.97%
- CTX CALTEX AUSTRALIA LIMITED 3.08%
- DXS DEXUS PROPERTY GROUP 0.65%
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- IAG INSURANCE AUSTRALIA GROUP LIMITED 1.12%
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- NCM NEWCREST MINING LIMITED -1.36%
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- WPL WOODSIDE PETROLEUM LIMITED 2.84%
Key Stories
RBA subsidiary approved bribes: court
An Australian Reserve Bank subsidiary gave the go-ahead for a regional manager to bribe a Nigerian official to secure millions of dollars in new business, a UK court has been told.
Headmaster Turnbull takes cane to banks
The timing of Malcolm Turnbull's banking industry speech couldn't have been more embarrassing for Westpac.
ASIC, Westpac face off over rate rigging
Westpac has joined ANZ in accusing the regulator of not understanding interest rate markets, as they face legal action over manipulating a key market interest rate.
'Depressing': Dick Smith's last days
Dick Smith stores are being described as desolate, eerie places as the electronics chain limps towards its death this month.
ASX snaps losing streak
Australian shares finished higher on Wednesday, thanks to a rebound in energy stocks and the big miners.
Gorgon LNG shuts after one shipment
Chevron's troubles with its over-budget and late Gorgon liquefied natural gas project have escalated with technical problems forcing a shutdown after only one export shipment.
- Currencies Forex tests central bankers' resolve
- Markets Tracking Wall Street's critters
- Banking and Finance How the Panama Papers leak began
- Business Optus turns up the heat on Telstra
- Media & Marketing Analysts tip Nine shares to recover
Market Indices
Last updated: April 6, 2016 - 7:28PM
Last updated: April 6, 2016 - 7:28PM
Last updated: April 6, 2016 - 7:28PM
Last updated: April 6, 2016 - 7:28PM
Signs are economies can grow even as emissions fall
The more coal and oil we burn, the more we can produce, driving economic growth, right? Well, there may be another way.
In Depth
Panama Papers: Big leak, big names
VIDEO World leaders are among the names caught up in the Panama Papers, described as the largest document leak in history.
Australia's youngest entrepreneurs
VIDEO A holiday class is teaching kids how to package, market and pitch business ideas for the start-up economy.
Dollar in focus as RBA hold rates
VIDEO The RBA has left the official cash rate unchanged at 2% for the 10th month in a row.
Workplace
Where future jobs will be - and where they won't
Joanna was a receptionist who loved the company so much she bought it.
How the APS tracks down internal critics
'Gross intrusion into the non-working lives of public servants.'
Markets
Blockchain company: Don't believe the hype
The Asia Pacific boss of blockchain company Ripple has poured cold water on the hype generated by the ASX over the distributed ledger's ability to cut costs in markets, writes Shaun Drummond.
China still in structural change as growth stabilises, says Credit Suisse
China is entering a period of stability, but Australian investors must not get too comfortable with a bounce because China is still deep in its structural shift, Credit Suisse's top economist for the region says.
Markets Live: ASX staggers higher
Live
A rally in energy and miners offsets another poor showing from banks.
- Investors left with no place to hide
- Clock is ticking, warns IMF chief
- Wall St retreats on cloudy global outlook
- need2know: Lower open ahead
- Barclays warns of lower investment bank profit
- Chi-X's David Morgan explains his Australian strategy
- Yen surges higher v greenback, Aussie falls
- Credit Suisse targets Asian entrepreneurs in profitability push
US Fed member expects two rate hikes this year
Search Quotes & Charts
The Economy
Signs are economies can grow even as emissions fall
The more coal and oil we burn, the more we can produce, driving growth, right? There may be another way.
US Fed member expects two rate hikes this year
Charles Evans, a noted US policy dove, has forecast real gross domestic product growth between 2 per cent and 2.5 per cent in 2016.
Retail
Australian retailers play catch-up in online sales
Australia's large listed retailers are playing catch-up in online sales compared with smaller peers, despite investing hundreds of millions of dollars in e-commerce.
Officeworks looks to bigger stores as it eyes $55b market
Officeworks' cavernous stores may become even larger as the office supplies category-killer adds new products and services such as drones and 3D printing and expands its existing range.
Banking & Finance
Sunsuper betting on technology play to become one of the big six
Non-profit superannuation funds that can't afford to spend big on technology are set to flounder, while a clutch of "mega funds" emerge and mop up their smaller rivals.
Westpac chief Brian Hartzer: 'ASIC's got it wrong'
Westpac chief executive Brian Hartzer has vowed to fight allegations it manipulated the bank bill swap rate, as he confirmed the bank had not stood down any staff over the affair.
Mining & Resources
SA's soaring electricity prices drive new project
Surging electricity prices for industrial customers in South Australia have triggered plans for a new gas-fired power station.
Port Hedland iron ore exports reach record
Australia's iron ore export machine is running at full throttle even as China slows with exports from Port Hedland rising to a record in March.
World Business
Pfizer, Allergan to mutually end merger
Pfizer and and Allergan will mutually end their planned $US160 billion ($210 billion) merger amid the US crackdown on corporate inversions
Amazon chief Bezos defends corporate culture
In a letter sent to shareholders on Tuesday, Amazon.com Inc's founder and chief executive, Jeff Bezos, defended the online retailer's corporate culture, which was the subject of a critical report by The New York Times last year.
Consumer Affairs
Babies prescribed psychiatric drugs in CTP scams
Children as young as six months are being exploited in fraudulent CTP insurance claims, which are being targeted by the government's recently launched CTP fraud task force.
What's really in your oregano?
Shoppers buying and sprinkling chopped oregano leaves to flavour their food might actually be using entirely different ingredients, says consumer advocacy group Choice.
- Hertz to refund hundreds of customers
- 'A menace best avoided': Unlicensed builder jailed and fined
- Court throws out Willmott forestry scheme class-action settlement
- 168 million drink containers littered in NSW every year
- Starting life in Australia without English skills just got harder
- Government on back foot over safety concerns for private car imports
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Property Focus
$50m defence housing fund winds up
$50 million pilot fund set up by rugby union legends Phil Kearns and Andrew Mehrtens is being wound up.
Even playing field needed
I would like to start by saying I actually welcome foreign investment in Australia, but believe measures should be taken to ensure Australians are not at a disadvantage.
Inspirational design for new cancer centre
The Victorian Comprehensive Cancer Centre is an important addition to Melbourne's health scene, as well as the city's architectural legacy.
Crema Group sells fourth Doncaster asset in as many months
Tech tenants the new kids on the block
There is a new tenant in town, that will soon overtake the traditional banks and financial services, and create a new feel and vibe in capital cities.
Executive Style
The high rollers ruling the wine game
If you want to make a small fortune in the wine business, start with a large one.
Money
Is secret spending a big deal?
Money can cause difficulties in relationships, but it doesn't help to be too puritanical about it.
Don't despair about super of wealthy
It can be demoralising to see how the wealthy are accumulating massive amounts of money in their super compared to the rest of us.
Small Business
This bubble's about to float
How Martin Hoskings built an online market place which is getting ready to list on the ASX.
You want to work here
A new breed of club-like work spaces is piquing the interest of Australia's best and brightest.
Business Video
Malcolm Turnbull lectures banks
'There have been too many troubling incidents' involving banks, the Prime Minister tells an industry gathering. Courtesy ABC News 24.
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Comment & Analysis
'Adolf Hitler comes to mind'
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China's millennials, the new miracle
Contains:
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Aussie cricket team slaughters Nine Network
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total comments14
This article contains a video.