Business News, Economy, Finance & ASX Market News

The tale of two pizza companies

The relationship between minority shareholders and head office has been described as 'distant'.

Adele Ferguson
56m ago

The runaway success of rival Domino's has made Eagle Boys' descent into disaster even more fascinating.

Voelte loses defamation action against ABC

Don Voelte (right) with Ryan Stokes in 2014.

Colin Kruger, CBD
41m ago

Don Voelte, the former head of the Seven Group will be heading back home to Nebraska with very little baggage after losing his defamation case.

Brexit throws IMF forecasts into turmoil

Christine Lagarde, managing director of the International Monetary Fund, which has downgraded its world growth forecast.

Peter Martin

Brexit has forced the International Monetary Fund to abandon plans to lift its forecasts for global economic growth.

ABM: Automatic Banker Machine

Robo-advisers are already a growing force in financial advice. Bots may also soon be used in retail.

Clancy Yeates

Customers may soon be able to put simple banking questions to a robot.

Thiess used llegal employment contracts

Nick Toscano

Infrastructure giant Thiess has been forced to overhaul its recruitment practices after using illegal employment contracts.

Catch some Pokemon and glimpse the future

A Raticate, a character from Pokemon Go, a mobile game that has become a global phenomenon, in Downing St, London, England.

Leonid Bershidsky

One of the interesting debates over Pokemon GO, the addictive smartphone game that millions play, is whether it's truly augmented reality.

Good Guys: founders asked to take big bite

The Good Guys executive chairman Andrew Muir.

Catie Low

The Muir family could retain as much as 40 per cent of The Good Guys business if it knocks back JB Hi-Fi's $850 million offer and goes ahead with ...

Betting companies in tie-in with retailers

The federal government in late April strengthened a ban on online in-play betting on sports.

Georgia Wilkins

Punters will be able to top up their online gambling accounts at convenience stores and service stations around the country.

Market Indices

Updated: July 19, 2016 - 4:41PM

Updated: July 19, 2016 - 6:01PM

Updated: July 20, 2016 - 12:52AM

United States Dollar

Price

0.7491

Percentage up/down

-1.37% fall
Euro

Price

0.6801

Percentage up/down

-0.83% fall
British Pound

Price

0.5702

Percentage up/down

-0.49% fall

Updated: July 20, 2016 - 12:37AM

Viva Energy is selling a 990 square metre site, the former shell petrol station, at 23-47 Flinders Street, Darlinghurst.

The tale of two pizza companies

56m ago

The runaway success of rival Domino's has made Eagle Boys' descent into disaster even more fascinating.

Trujillo back to the future

Former Telstra CEO Sol Trujillo's high salary was a source of controversy in Australia.

COMMENT

What is it about Unlockd that made Sol Trujillo bury the hatchet with our backward nation?

What do we pay fund managers for?

The median Australian shares manager delivered around 1.3 per cent over the year.

COMMENT

For those who pay fees for professional managers to look after our super, a study of their performance is a worry.

ASX snaps eight-day winning streak

Australian shares snapped an eight-day ...

Nickel Surges as Philippine Crackdown Stokes Supply Concern

Markets Live: ASX rally runs out of puff

Softbank deal bolsters boutique banks

need2know: Number nine

S&P; 500 edges higher as techs rally

Oil slips as shipments continue

Patrick Hodgens, portfolio manager at Macquarie's Alpha Opportunities and High Conviction funds, which were two of the ...

Yield stocks key to Macquarie's outperformance

The chase for yield is here to stay, and one ...

Growth in investment in China's real estate sector slowed in first half to 6.1 per cent.

China home prices add to recovery doubt

Home price rises in China slowed in June for ...

The rise and rise of the yen has made currency hedging indispensable to buyers of foreign bonds.

Japanese investors return to Australian bond market

Japanese institutions have returned to the ...

Australian shares shook off any geopolitical concerns from a failed military coup in Turkey.

ASX extends winning run to eighth session

Consumer discretionary stocks JB Hi-Fi and ...

Watch for leaders who suffer ego depletion.

Good behaviour can turn bad

Jim Bright

If you're a manager, a few niceties can go a long way in getting your staff to follow instructions.

The dark side of obeying orders

James Adonis

Harry Hunt, who runs Country Comfort at Casula near Liverpool, says the penalty rates issue is complex because their ...

The future of Sunday penalty rates

Anna Patty

Good Guys nearing home straight

JB Hi-Fi places a bid to purchase fellow electronics retailer, The Good Guys, with an offer believed to be around $850m.

Entrepreneurs share their mistakes

Successful entrepreneurs from RedBalloon, Redbubble, Thankyou and more share their biggest mistakes.

Fog causes flight delays

Brisbane is blanketed by fog on Tuesday morning, causing delays at the airport and slowing travel times.

Jonathan Hoult is so concerned with house prices he has decided to rent permanently.

Why Sydney has turned its back on the great Australian dream

10m ago

Jonathan Hoult would rather rent, and he is in good company, the latest household report shows

Brexit throws IMF forecasts into turmoil

Brexit has forced the International Monetary Fund to abandon plans to lift its forecasts for global economic growth.

In 2030, in both India and China, the GDP losses could total $US450 billion, the study predicts.

Too hot to work?

Searing temperatures caused by climate change may restrict working hours in some of the poorest parts of the world, the UN has warned.

RBA opens door for August rate cut

A crowded intersection during the evening rush hour in midtown Manhattan along 7th Avenue in New York, June 22, 2016. As ...

The Reserve Bank of Australia believes Brexit fears won't hit the global economy too hard, but has also flagged more sluggish local consumer prices could set the scene for an August rate cut.

Chinese to spend more in Australia

Chinese visitors spend $7.7 billion a year in Australia and are tipped to spend more.

A majority of Chinese tourists plan to maintain or increase their travel spending this year.

Treasury's top secret incoming government brief revealed...sort of

Prime Minister Malcolm Turnbull receives an actual incoming government brief from the Secretary of Prime Minister and ...

ANALYSIS

Dear Malcolm, you've inherited an economic outlook as delicately balanced as your parliament. Here's what to expect.

The tale of two pizza companies

Adele Ferguson
57m ago

The runaway success of rival Domino's has made Eagle Boys' descent into disaster even more fascinating.

The sustainable changes you can make at home to save $500

Installing a grey water diverter hose will send used water from your bathroom or laundry straight to your garden.

Lucy Cormack

Fifty-two per cent of Australians think it is too expensive to transition to a sustainable home. Is it?

Good Guys: founders asked to take big bite

Catie Low

The Muir family could retain as much as 40 per cent of The Good Guys business if it knocks back JB Hi-Fi's $850 million offer and goes ahead with a public float.

Banks will use mortgage interest rates to limit a squeeze on profit margins, analysts say.

Rate cuts unlikely to be passed on in full: Morgan Stanley

Banks are likely to hold on to at least part of any RBA rate cuts between now and early next year, Morgan Stanley analysts say.

Westpac puts robots on trial in digital banking platform

Customers may soon be able to put simple banking questions to a robot.

Warning bells as arrears continue to edge higher

Home loan arrears edging higher

The number of housing loans with payments overdue crept up further in May, giving weight to concerns about potential problems emerging for banks if the economy gets into trouble.