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Roger Corbett refuses to back Woolworths' new chief

Former Woolworths chief Roger Corbett (pictured) has refused to comment on whether Brad Banducci is the right man to ...

Catie Low 12:15AM

Woolworths' high profile former chief Roger Corbett has lashed the retailer for not competing on price or quality with ascendent discount giant Aldi.

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All sides of politics have committed to cracking down on exploitation in light of scandals at companies like 7-Eleven.

Labor plans exploitation crackdown

Adele Ferguson and Patrick Hatch 12:15AM

Underpaid workers will be able to go after head office under Labor exploitation plan.

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Outsourced casual caption-writers Maggie Korenblium and Ben Crabtree.

Read all about it: writers underpaid

Nick Toscano 12:15AM

Australia's public broadcaster uses a closed-captioning service that paid 'piece rates' to casual transcribers, leaving some earning as little as $14 an hour.

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Britain's exit from the European Union may weigh on Wesfarmers' plans to test out the popularity of its Bunnings UK model.

Brexit blow to Bunnings pilot

Catie Low 12:15AM

Britons' vote to quit the EU could weigh on Wesfarmers' plan to test its Bunnings UK model as uncertainty tests consumer sentiment.

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Senator Nick Xenophon has publicly berated Dick Smith

'Examination about claims not shame'

Catie Low 7:04PM

Dick Smith receiver Ferrier Hodgson claims the public grilling of former directors and office holders is an essential part of its investigation.

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Cinthia Elias with her Audi TT she purchased of liquidated Gasoline Machine. Last week after coming out of a Pilates ...

The day Cinthia's Audi went missing

Lucy Cormack 4:23PM

She thought her car had been stolen - but the police told her otherwise.

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Andy Penn's $250 million patch

Colin Kruger, CBD 12:15AM

Telstra boss Andy Penn has many reasons to be a bit more cautious in his latest mea culpa and $250 million network patch.

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Property A-listers buried under Keystone collapse
Consumer Affairs Expense doesn't equate to worth
Markets ASX up as investors buy sold-off stocks
Workplace Relations Asbestos compensation processing times drop
Business Telstra invests $250m to fix network

Market Indices

Last updated: June 30, 2016 - 1:05AM

Currencies

United States Dollar
Last updated: Jun 30, 2016 - 12:35AM (delayed by 30 minutes)
0.7444	0.70%
Euro
0.6706	0.39%
British Pound
0.5515	-0.43%

Comment & Analysis

Colin Kruger, CBD

Star to shine for a long, long time
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Elizabeth Knight

Brexit set to force Reserve Bank's hand on rates
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Adele Ferguson

Banks turning sour on dairy debt
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Pedestrians walk past an electronic screen displaying the Hang Seng Index, left, in the Central district of Hong Kong.

Brexit hits China, already grappling with slowdown

Philip Wen 5:36AM

The official Chinese reaction to Brexit has been largely dispassionate, but risk posed by the event is more worrying.

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In Depth

Gasoline Machine shock

3:49PM

VIDEO: After coming out of a Pilates class, Cinthia Elias noticed her Audi TT was missing. After calling the police to report it stolen, she received a shock.

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How shared is the shared economy?

3:20PM

VIDEO: Originally a peer-to-peer lending environment, the sharing economy risks becoming impersonal as commercialisation takes hold.

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Turnbull to meet Murray Goulburn

2:47PM

VIDEO: Alan Jones questions Malcolm Turnbull over the Murray Goulburn issue asking what the PM will be doing about it.

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Workplace

Why you should quit your job ... soon

There is no point staying in a job that makes you miserable.

Gavin Sequeira

There are a few sure signs it's time to find somewhere else to work.

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The secret to retaining top talent

Is important to understand why talented individuals change jobs in the first place.

Fiona Wainrit

Job satisfaction is the key to increasing your employee retention rate.

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Markets

Markets Live: The Brexit bounce

In these volatile times our political leaders need to let go of their winner-take-all mentality.

Patrick Commins 4:58PM Live

ASX climbs as mood lifts and Brexit stocks lead broad rally.

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Brexit could force four RBA cuts

Currency upheaval. Once the dust settles, the Aussie could prove to be an out-performer.

Mark Mulligan 4:14PM

The fallout from Brexit could make the Australian dollar even more attractive say economists who tip the RBA will cut the cash rate again.

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Caltex profit hit by margin squeeze

Sales of E10 continue to fall as drivers fill up with more premium fuels

Brian Robins 9:51AM

A squeeze on oil refining margins has hit earnings of Caltex, the country's largest oil importer and refiner, despite a lift in volumes of petrol sold.

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In Brazil, at least the coffee is improving
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Pound proves a moving target
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S&P; 500 advances 1.8% as banks rally
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Opinion Oil heading towards $US10 handle
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Investors chase Brexit bargains
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'Buyer's Strike' for Stocks, says Barclays
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need2know: Global shares bounce back
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Airbnb sees $41b valuation
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What makes Brexit so concerning is that it accentuates and deepens global forces that have been building for years.

Brexit strengthens forces haunting global economy

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The Economy

Brexit set to force Reserve Bank's hand on rates

Elizabeth Knight 5:57PM

We are now beginning stage two of the Brexit fallout: Falling interest rates around the world. And Australia will be no exception.

Contains: total comments53 This article contains a video.

New home sales fall again

NSW and Queensland posted the sharpest monthly fall in detached house sales, dropping 11.5 per cent and 11 per cent, ...

12:55PM

New home sales have fallen for a second straight month, but it should be just a cyclical downturn with signs of a possible rebound when the home-building boom ebbs.

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Morrison plays get-out-of-jail-free card
Contains: total comments208 This article contains a video.
The difference isn't as big as they want you to believe
Contains: total comments133 This article contains a video.
Opinion Brexit strengthens forces haunting global economy
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Opinion Is Britain just the first domino?
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How much sitting in traffic really costs you
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Retail

Roger Corbett quits Woolworths

Former Woolworths chief Roger Corbett has quit his role as adviser to the chain he once commanded.

Catie Low

Woolworths former chief Roger Corbett has unexpectedly quit Australia's biggest supermarket chain just seven months after rejoining the business.

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Banking & Finance

Samsung Pay takes on Apple

Citi and Amex cards can be loaded on to new generation Samsung Galaxy devices.

James Eyers

Samsung is hoping its payment system launched in Australia on Wednesday will drive more sales of higher-end phones.

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Banks turning sour on dairy debt

Adele Ferguson

Murray Goulburn's decision to open 2017 farmgate prices below market expectations will put farmers in the gun and banks on high alert.

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NAB's Thorburn: 'We are a fintech company'
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Aussie CEOs don't get millennials
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'This isn't the GFC'
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NAB denies ASIC access to documents
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Big four tipped to weather Brexit storm
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Mining & Resources

Caltex profit hit by margin squeeze

Brian Robins 9:51AM

A squeeze on oil refining margins has hit earnings of Caltex, the country's largest oil importer and refiner, despite a lift in volumes of petrol sold.

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Oil heading towards $US10 handle

$The world continues to be awash in crude, and American frackers have replaced the Organisation of Petroleum Exporting ...$

A Gary Shilling 8:07AM

A drop below $US20 per barrel would be a shock reminiscent of the dotcom collapse in the late 1990s.

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World Business

More than fear and greed

Concerns about China come as there's been reduced support for the US alliance coinciding with the US presidential ...

Tristram Sainsbury

Most Australians would probably class our relationship status with China as 'it's complicated'.

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Brexit costs world's wealthiest $270b

Facebook CEO Mark Zuckerberg has lost $2 billion on paper through stock losses triggered by the Brexit vote.

Robert LaFranco and Jack Witzig

The combined net worth of the world's 400 richest people has been cut by $US196 billion ($268 billion).

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VW faces $20b tab in US
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Italy eyes $60b bank rescue
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Goldman Sachs tips UK recession
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McDonald's lowers its tax bill as profit soars
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How Australian businesses reacted to Brexit
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Consumer Affairs

Costly health cover isn't always the best

Coverage of major dental can vary widely among the top combined policies.

Esther Han 7:05PM

Caution urged at end of financial year as providers pull out all the stops to grab your money.

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The day Cinthia's Audi went missing

Lucy Cormack 4:23PM

She thought her car had been stolen - but the police told her otherwise.

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Mayne Pharma keeps cheque book open for more buys
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Ikea US is recalling these drawers, so why aren't we?
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How much sitting in traffic really costs you
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VW faces $20b tab in US
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Move over quinoa, have you had your einkorn today?
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The new world order for business
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Featured advertisers

Property Focus

Mirvac looks to raise $235m from assets sales

Mirvac has sold its office buildings at 3 and 5 Rider Boulevard in Rhodes for $235 million

Carolyn Cummins 3:48PM

Mirvac has raised $235 million from the sale of two mixed use office towers at Rhodes in Sydney's North west to the Altis Property group.

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Telstra offloads sites into heated sector

184 Burwood Highway in Burwood is being sold by Telstra.

Simon Johanson

The buoyant residential property market is still spurring development activity with multiple sites exchanging hands.

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Collins Street commands premium

10-12 Collins Street sold for $18 million, reflecting a tight 2.43 per cent yield.

Simon Johanson

A dilapidated Collins Street office has been snapped up by a Chinese investor for more than $18 million.

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An artist's rendering of Collins Square, Melbourne, one of the largest mixed-use commercial and retail CBD precincts in ...

Vacancy rate puts squeeze on multi-floor options

Pub giant Keystone Group in receivership
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Self storage giant adds more units to its network
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Spec Property to expand development portfolio
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Drummond Street office fetches $6.6m for legal firm
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The new site will be developed by Sydney based JL Parramatta Pty Ltd

Starwood launches new Parramatta hotel

Investors snap up $300m in commercial property deals

Carolyn Cummins

Investors have shunned Brexit uncertainty and poured close to $300 million into office and industrial assets as they seek high yielding returns amid speculation of further interest rate cuts.

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Executive Style

It's not enough to serve good drinks these days - we like to hunt for our cocktails.

Ten secret bars you need to know

Johanna Leggatt

Shhh! How many of these hard-to-find drinking dens have you found?

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Money

'My car has a better social life than I do'

Joy Baines, of Annandale in inner-city Sydney, listed her Toyota Yaris on car-sharing platform Car Next Door for $6 an ...

Barbara Drury

The sharing economy is more than just Uber and Airbnb, there are dozens of local start-ups letting individuals sell access to their unused assets, time and skills.

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