Australia's largest ghost-town?
The prospect of becoming Australia's largest ghost town isn't very appealing to Whyalla, as angry locals ask why a nearby regional city got $385 million in taxpayers' funds to keep a lead smelter open.
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- AGL AGL ENERGY LIMITED. 1.60%
- AIO ASCIANO LIMITED 0.12%
- AMC AMCOR LIMITED -0.14%
- AMP AMP LIMITED 0.18%
- ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 0.31%
- APA APA GROUP 1.30%
- ASX ASX LIMITED 0.58%
- AZJ AURIZON HOLDINGS LIMITED -2.06%
- BHP BHP BILLITON LIMITED 1.55%
- BXB BRAMBLES LIMITED -0.25%
- CBA COMMONWEALTH BANK OF AUSTRALIA. -0.22%
- CCL COCA-COLA AMATIL LIMITED 0.35%
- CPU COMPUTERSHARE LIMITED. 1.48%
- CSL CSL LIMITED 1.09%
- CTX CALTEX AUSTRALIA LIMITED -0.09%
- DXS DEXUS PROPERTY GROUP 2.45%
- GMG GOODMAN GROUP 0.61%
- GPT GPT GROUP 0.82%
- IAG INSURANCE AUSTRALIA GROUP LIMITED 0.92%
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- JHX JAMES HARDIE INDUSTRIES PLC 1.10%
- LLC LENDLEASE GROUP 0.60%
- MGR MIRVAC GROUP 1.86%
- MPL MEDIBANK PRIVATE LIMITED -1.36%
- MQG MACQUARIE GROUP LIMITED -0.28%
- NAB NATIONAL AUSTRALIA BANK LIMITED 0.08%
- NCM NEWCREST MINING LIMITED 2.58%
- ORG ORIGIN ENERGY LIMITED 0.22%
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- WBC WESTPAC BANKING CORPORATION 0.63%
- WES WESFARMERS LIMITED -0.10%
- WFD WESTFIELD CORPORATION 0.81%
- WOW WOOLWORTHS LIMITED -0.05%
- WPL WOODSIDE PETROLEUM LIMITED 1.83%
Key Stories
need2know: Jitters hit shares, $A falls
Local shares are poised to drop at the open, following Wall St's lead on renewed worries about global growth, while the Aussie dollar dropped below US75c.
Scrutiny on Dick Smith transactions
Administrators for failed electronics group Dick Smith are investigating transactions dating back to the private equity ownership of the business.
Cameron caught up in Panama scandal
UK Prime Minister David Cameron had a stake in an offshore fund set up by his late father, Ian, until six years ago.
Machin defends legacy at Target
Stuart Machin defends his legacy as Wesfarmers moves closer to completing an investigation into whether the retailer colluded with suppliers.
Verizon will bid for Yahoo: Bloomberg
Verizon Communications plans to make a first-round bid for Yahoo's web business next week, Bloomberg reported, citing people familiar with the matter.
Financial advisers win suicide exemption
Financial advisers have won a macabre exemption for clients who suicide in a draft law that is designed to reduce incentives to churn life insurance.
- Energy Mobile solar to take on diesel
- Iron Ore Global iron ore shipments rise: Berstein
- Retail Funtastic set to lose global brands
- Banking and Finance Fitch warns of risks in bank culture
- CBD CBD Drought dries up Don Taylor's career
Market Indices
Last updated: April 8, 2016 - 7:15AM
Last updated: April 8, 2016 - 7:15AM
Last updated: April 8, 2016 - 7:15AM
Last updated: April 8, 2016 - 7:15AM
Wind and solar are crushing fossil fuels
Clean energy investment broke new records in 2015 and is now seeing twice as much global funding as fossil fuels.
In Depth
When to buy big bank stocks
VIDEO Exposure to Arrium and Dick Smith are hurting bank stocks, but could offer value to investors - except one.
Lessons from a startup prodigy
VIDEO As a teenager, Nick D'Aloisio sold his app Summly to Yahoo for US$30m and became a product manager at the tech giant.
Why Arrium collapsed
VIDEO Steel maker and miner Arrium has staggered into voluntary administration, and the sagging steel market is just one cause.
Workplace
How to resign from your job without burning bridges
Maintaining relationships even after you leave a job is more important than ever.
Where future jobs will be - and where they won't
Joanna was a receptionist who loved the company so much she bought it.
Markets
Wall St tumbles as banks drop on growth concerns
The Standard & Poor's 500 Index posted the steepest selloff in six weeks on Thursday amid renewed scepticism over global growth.
Cargill sees no end to agriculture rout
Cargill, the 151-year-old company that's one of the biggest players in the global agriculture markets, sees no improvement on the horizon for slumping crop prices.
JPMorgan's Dimon wary of market risks
Jamie Dimon said he's concerned demand for Treasuries will decline and the Federal Reserve will raise interest rates faster than people expect.
- Maurice Blackburn bumps up Slater & Gordon action
- Oil fuels second day of ASX gains
- Markets Live: ASX up on banks, oil
- Credit Suisse bets on Australia
- Greenbacks slumps to 18-month low v yen
- need2know: ASX poised to rise
- S&P; 500 posts best gain in three weeks
- China's copper hoard clouds demand outlook
Fed officials debated April rate increase
Search Quotes & Charts
The Economy
Building activity slips to 13-month low
Construction activity has slipped to a 13-month low on the back of weakness in home building.
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.
Retail
Body Shop gives itself a makeover
As host of new competitors elbow their way into the "green cosmetics" market, The Body Shop wants to establish itself as "the world's most ethical and sustainable global business" and win a new generation of customers.
Banking & Finance
JPMorgan's Dimon wary of market risks
Jamie Dimon said he's concerned demand for Treasuries will decline and the Federal Reserve will raise interest rates faster than people expect.
Bank of Queensland hikes mortgage rates
Property investors cop the biggest lift in borrowing costs in a surprise move that will be closely watched by rivals.
Mining & Resources
Arrium hands keys to administrator
Federal Labor leader Bill Shorten wants to go back down the time tunnel and have government invest alongside industry to save the steel-making capabilities of Australia.
Iron ore price stabilising, iron ore chief Nev Power says
Iron ore prices are "probably somewhere near the bottom", says Fortescue's chief.
World Business
Body Shop gives itself a makeover
As host of new competitors elbow their way into the "green cosmetics" market, The Body Shop wants to establish itself as "the world's most ethical and sustainable global business" and win a new generation of customers.
Coffin maker invents 'Ikea-style' flatpack model
A Polish entrepreneur is feeling the wrath of aggrieved funeral homes after inventing an affordable Ikea-style flat-pack coffin.
Consumer Affairs
Maurice Blackburn bumps up Slater & Gordon action
Law firm Maurice Blackburn have expanded the claim period for its planned class action against Slater & Gordon.
What Asian tourists really buy in Sydney
Asian tourists visiting Sydney for conferences spend as much as 6.5 times more than other tourists - and when they have their own time head for the supermarket.
- What's really in your oregano?
- Babies prescribed psychiatric drugs in CTP scams
- 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
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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
Five gin cocktails you need to know now
From French 75 to a Negroni, here's how to make five incredible gin cocktails.
Money
Italian '80s furniture is cool again
Modern design, especially furniture, appears to be the boom category in 2016.
Checklist for selecting shares
In The Checklist Manifesto, surgeon Dr Atul Gawande says, "Not only are checklists a help, they are required for success."
Small Business
What your face says about you
Most of us have an ingrained view of what a leader should look like.
How Zach and Dan crowdfund cows
You can now crowdfund a cow carcass thanks to start-up Crowd Carnivore, which aims to put sustainable meat eating in the spotlight.
Business Video
When to buy big bank stocks
Exposure to Arrium and Dick Smith are hurting bank stocks, but could offer value to investors - except one.
- Duration
- 02:12
Comment & Analysis
Drought dries up Don Taylor's career
Contains:
This article contains a video.
To tax the home or not to tax the home
Contains:
total comments35
This article contains a video.
The company that Turnbull couldn't save
Contains:
total comments27
This article contains a video.