Phil Lowe: The right person to lead the RBA
From the moment he became deputy governor of the RBA in 2012, Philip Lowe was always the obvious choice.
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Australian biotech rises on Zika virus product
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ASX edges higher on NAB
The Australian sharemarket finished slightly higher, as gains in bank stocks offset more losses in miners.
End of loans to foreigners hits developers
Westpac says its decision to stop lending to foreigner investors has caused problems for property developers targeting that market.
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Market Indices
Last updated: May 5, 2016 - 8:16PM
Last updated: May 5, 2016 - 8:16PM
Last updated: May 5, 2016 - 8:16PM
Last updated: May 5, 2016 - 8:16PM
Apple suffers another iPhone blow in China
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In Depth
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Workplace
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$1000 intern scheme worthy but open to exploitation
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Markets
Battered Aussie tipped to hold above US74¢
Despite the dollar's drastic slide this week, economists see a range of factors keeping the currency at current levels this quarter.
'The only choice': economists welcome Lowe appointment
Economists have been unanimous in their support for the new RBA governor, with most describing him as the best choice from within the institution's ranks.
Markets Live: NAB sparks some cheer
Live
NAB results get a thumbs up from investors, who otherwise remain cautious.
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Credit Suisse cuts more jobs in London
Search Quotes & Charts
The Economy
RBA names Philip Lowe next governor
Reserve Bank of Australia deputy governor Philip Lowe will replace outgoing chief Glenn Stevens, Treasurer Scott Morrison has told parliament.
New Zealand's cows are hurting NAB
Australia's banks might have ridden on the sheep's back, but they are now getting trodden on by New Zealand's cows.
Retail
Super Retail takes on Kathmandu
Super Retail Group plans to go head to head with Kathmandu by turning Ray's Outdoors into shopping destinations for campers, hikers and adventurers.
SurfStitch queried by ASX over profit downgrade
Online retailer SurfStitch is in trouble with the stock exchange over the timing of a profit warning.
Banking & Finance
Labor buries Rudd threat to company car perk
Labor has put a bomb under the stocks of the car salary packaging industry after it declared it will not meddle with tax breaks the industry relies on as it threatened to before the last election.
KPMG says budget super changes won't mean more age pensioners
The self-managed super industry has warned a crackdown on superannuation tax perks will limit saving and push more people on to the age pension, a claim rejected by consulting firm KPMG.
Mining & Resources
'Excessive' futures trades affecting iron price: Walsh
Rio Tinto warns that iron ore futures trading is a "wildcard" for the commodity price.
AGL chief pledges action on domestic violence
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World Business
Adidas tees up golf business for sale
Adidas says it will actively seek a buyer for its TaylorMade, Adams and Ashworth brands and will instead focus on golf footwear and apparel sales.
Tesla speeds up 500,000 unit production plan
Tesla Motors says its production is on track this year and it will produce half a million cars in 2018.
Consumer Affairs
Uber price war breaks out in Sydney
Uber's tight grip on the ride-sharing market is under threat.
Supermarkets full of fake imported extra virgin olive oil
''It's like buying a Rolls Royce and finding a V-Dub engine in it.''
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Property Focus
'That job has now been done': Lowy bids adieu
Frank Lowy has performed his final official duties as chairman of the company that now runs the Australian and New Zealand part of the Westfield shopping centre empire he began 57 years ago.
Auto parts makers driving new business
Rubber and plastics manufacturer Graham Hopkins saw the writing on the wall in 2008.
Accor expands Melbourne hotel assets
AccorHotels has expanded its hotel network with the announcement of two new-build hotels and two takeovers.
Lego lands at Dreamworld
Office landlords back in the driver's seat
Office landlords are now back in control as space is taken for infrastructure projects and residential conversions, leading to a forecast for rent rises of close to 8 per cent, according to Cushman and Wakefield.
Executive Style
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Money
Budget 2016: 10 changes for families
There wasn't much explicitly for working families, but there were a whole bunch of measures that will directly affect them.
How the super changes affect you
Superannuation was the big hit in the budget. This is your guide to what's changing.
Small Business
Veggie patch, tech upgrade a win
Technology and a veggie patch are all flow-on benefits of this year's budget for one medium-sized firm.
When your boss is younger than you
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Business Video
Budget 2016: Greens oppose key measures
The centrepiece of Scott Morrison's budget is in doubt, even if the coalition is re-elected.
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Comment & Analysis
Has the Reserve Bank cut interest rates too much?
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Cover-More pays up for new boss
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Labor's attack muted by super changes
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This article contains a video.