Business News, Economy, Finance & ASX Market News

FIFO workers come back to earth

IN DEPTH
Peter Ker

What was once a life of luxury in desert oases, with menus featuring crayfish and barramundi is now, thanks to the mining downturn, a bit more ...

ASIC punishes with velvet gloves

COMMENT
Adele Ferguson

If the corporate regulator wants to be known as the tough cop on the beat, it needs to do a lot better.

NAB trader hits out over rate rigging

NAB is the third of the big four banks to be sued over alleged manipulation of bank bill swap rates.

Sarah Danckert and Clancy Yeates

A National Australian Bank trader allegedly rigged the bank bill swap to the detriment of his colleagues.

Man with no plan, just a lot of flimflam

Getting the budget back to surplus will do nothing to create 'jobs and growth'.

COMMENT
Ross Gittins

Much talked-up pledge to generate 'jobs and growth' was a scheme to cut company tax plus a lot of fancy packaging.

Aboriginal corp 'defrauded' of $475k

Uncle Bryon Powell stood down as chair of the Wathaurung Aboriginal Corporation earlier this year.

Sarah Danckert

As smoke billowed from the corroboree in Ballarat few were aware of the deep strife afflicting the indigenous corporation behind the event.

How to combat healthy living

Coca-Cola is battling to remain relevant as health consciousness increasingly drives decisions about food and drink.

COMMENT
Elizabeth Knight

Increasing health consciousness is driving decisions about what we drink and the profit to be made from it.

Ditching performance reviews backfires

Herbert Smith Freehills HR Manager Andrea Bell and colleague Chele Dore.

Anna Patty

They may be unpopular, but getting rid of performance reviews leads to lower productivity, a study has found.

H&M; inks tax deal

H&M's empire spans more than 4000 stores across 62 countries.

Madeleine Heffernan
34m ago

Fast-fashion retailer is one of a growing number of multinationals locking in their Australian tax.

Market Indices

Updated: July 8, 2016 - 2:44PM

Updated: July 8, 2016 - 4:01PM

Updated: July 8, 2016 - 11:07PM

Updated: July 8, 2016 - 10:52PM

United States Dollar

Price

0.7540

Percentage up/down

0.82% rise
Euro

Price

0.6828

Percentage up/down

1.02% rise
British Pound

Price

0.5826

Percentage up/down

0.54% rise

Updated: July 8, 2016 - 10:37PM

Global risk sentiment remains volatile as government still isn't formed.

Record low rates boost retailers

Andrew Johnston

Jacqui McGill at BHP Billiton's Olympic Dam copper mine. The company is headed to Finland in September for the next ...

BHP heading for the Finnish line

Simon Evans

Porcelain Bear is a well-known furniture and lighting showroom in Collingwood.

Lighting showroom emphasises dark and edgy mood

Stephen Crafti

ASIC punishes with velvet gloves

COMMENT

If the corporate regulator wants to be known as the tough cop on the beat, it needs to do a lot better.

Man with no plan, just a lot of flimflam

COMMENT

Much talked-up pledge to generate 'jobs and growth' was a scheme to cut company tax plus a lot of fancy packaging.

How to combat healthy living

COMMENT

Increasing health consciousness is driving decisions about what we drink and the profit to be made from it.

The cost of a credit rating downgrade is hard to quantify.

What's a AAA credit rating and does it matter?

ANALYSIS

What is this rating, where does it come from ...

Mixed week for ASX, banks weigh heavily

Markets Live: ASX posts weekly fall

Live

UK recession by first quarter of 2017, says Northern Trust

Analysts divided on iPhone sales

Wall St slips ahead of jobs data

The ASX could be finishing the week on a down note.

need2know: Oil drags on Wall Street

Local shares set to open lower as a falling ...

Paul Thompson, former trader at Rabobank Groep, exits federal court in New York.

Ex-Rabobank trader pleads guilty in US court

Paul Thompson has admitted in US federal ...

Newmont's dividend is 2.5 cents a share based on an allocation of 20 per cent to 25 per cent of free cash flow.

Newmont may lift dividend on gold's rally

Newmont Mining will consider increasing ...

The open pit mine at the Sandfire Resources copper operations at DeGrussa, Australia.

Copper hit, nickel hammered in London

Copper slid to the lowest in over a week, ...

It is not confidence holding back young women from asking for a pay rise, it's the work environment.

Why women are less likely to push for a pay rise

Don't let the door hit you on your way out.

I quit! Seven ways to go out in style

The 41-year-old software giant's latest pitch to recruit the next generation of engineering talent came off more awkward ...

Microsoft invites interns to 'get lit', play beer pong

The concierge comes to office buildings

Four Seasons Hotel, Sydney. Picture Phil Carrick. Afr first USE!!!. Generic Luxury Hotels, tourism, porter, Concierge, ...

Front desk staff can bring the kind of service you'll find in a top hotel to an office tower near you.

What's a AAA rating, does it matter?

ANALYSIS

What is this rating, where does it come from and does it matter? Your AAA-rating questions answered.

Bitcoin's fate hinges on Chinese miners

The concentration of bitcoin activity in China has some worried that the system could become vulnerable to meddling by ...

Bitcoin is facing what could be the biggest hurdle to its growth since its emergence in 2009.

What's a AAA credit rating and does it matter?

ANALYSIS

What is this rating, where does it come from and does it matter? Your AAA-rating questions answered.

Ratings agency puts Parliament on notice

Standard and Poor's says the time to act is now or suffer the consequences.

The next Australian parliament has been put on notice: get your act together and fix the budget now, or expect a serious hit to the nation's credit status.

The department now sees iron ore averaging $US44.20 a tonne this year versus a $US45 forecast in March and a December ...

Australia cuts iron ore price forecasts

Australia on Friday cut its 2016 price forecast for the country's biggest export earner iron ore by nearly 2 per cent to well under current prices, citing concerns over slowing growth in demand and said it sees little change in 2017.

Get a grip, it's politics as usual

Square, dink, dinks, dinkus, head shot, business, Michael Pascoe,

COMMENT

The election result isn't the equivalent of an Antipodean Brexit or a Trump. Heck, we haven't even changed our PM for 10 months. Well, not yet anyway.

The downgrade that will make mortgages cheaper

Standard and Poor's has little patience with the forecasts of Malcolm Turnbull's first budget.

COMMENT

Standard & Poor's has just made your mortgage cheaper.

Federal election 2016: Standard and Poor's puts Australia's AAA credit rating on negative outlook

Scott Morrison says Standard & Poor's outlook reaffirms his government's approach to budget restraint.

Ratings agency Standard & Poor's has cut the outlook on Australia's coveted AAA credit rating to negative after an unresolved federal election result and high levels of debt.