Business News, Economy, Finance & ASX Market News

To reduce gender pay gap: Tax the rich

The tax system alone isn't the answer to ending gender inequality.

COMMENT
Nassim Khadem
50m ago

In almost every debate about the gender pay gap, the blame tends to fall on the nation's male employers, but there is often one overlooked factor.

Blame it on Rio, not Telstra

Colin Kruger, CBD

The good news is Telstra's chronic network problems are not behind the woes being experienced by Seven's digital streaming of the Rio Olympics.

DJ's Market Street store sold to Westfield owner

David Jones' iconic Market Street store will be sold to the Scentre group for $360 million.

Carolyn Cummins

The venerable David Jones menswear store in Market Street, which has been in the group since 1938, has been sold for $360 million.

Why low rates aren't firing up spending

Retail trade was at a three-year low in June, due in part to discounting.

COMMENT
Clancy Yeates

The muted growth in retail trade highlights the limitations of slashing interest rates.

Will the Olympics be golden for Seven?

The investment in big sport has a longer tail of benefits.

COMMENT
Elizabeth Knight

Australian athletes may be amassing a tally of medal-winning performances but the Seven Network is no shoo-in for financial gold.

'The lower rates get, the harder it is to cut'

Borrowers needed to recognise the limits on how far mortgage rates can fall, according to Mike Hirst.

Clancy Yeates

Banks will find it increasingly difficult to cut mortgage interest rates by as much as the Reserve Bank if official interest rates fall even further.

US optimism, bank stocks boost ASX

The ASX enjoyed a 0.7 per cent lift on Monday.

Vanessa Desloires

The ASX lifted on Monday as strong US jobs figures sparked a wave of buying, led by bank stocks

Analysts' steady slide from optimism

Analysts' default mode is forecasting better earnings per share for the year ahead, only to whittle away at those ...

COMMENT
Michael Pascoe

With the annual reporting season seriously underway this week, optimism needs to be tempered by reality.

Market Indices

Updated: August 5, 2016 - 4:41PM

Updated: August 8, 2016 - 6:08PM

Updated: August 9, 2016 - 12:54AM

United States Dollar

Price

0.7666

Percentage up/down

0.59% rise
Euro

Price

0.6920

Percentage up/down

0.77% rise
British Pound

Price

0.5880

Percentage up/down

1.17% rise

Updated: August 9, 2016 - 12:40AM

Investors joining the market in search of yield is not enough to keep it buoyant in the face of high valuations and ...

ASX to remain stuck at 5500

Vanessa Desloires

Spain's Miguel Duran Navia cries after tumbling into the pool before his heat.

Channel Seven slammed over Olympics streaming

Patrick Hatch

"I only say what has worked for me, and then others can choose to try it or not.": James Altucher.

The self-help guru who owns only 15 things

Alex Williams

need2know: Wall Street boost for ASX

ASX set for busy week as reporting season moves up a gear

Vanessa Desloires

US jobs boom helps 'reluctant cutters' at RBA

Vanessa Desloires

S&P; 500 closes at record high

'The lower rates get, the harder it is to cut'

Clancy Yeates

Low interest rates hit Bendigo's loan growth

James Eyers

$110b: Australia's 'tap and go' boom

Madeleine Heffernan

Commonwealth Bank chief executive Ian Narev will have the opportunity to explain the bank's interest rate move this week.

Commonwealth Bank profits tipped to hit $9.5 billion

Clancy Yeates

Police at the Warana beach where Steve Halgryn was found.

Death in paradise: ASIC asleep to Ponzi scheme

Sarah Danckert

Karen Gately says the most important thing about stress is to recognise it.

Learning to unwind at work

Karen Gately

Andrew and Gaia Grant think open office spaces may have a detrimental effect.

Co-working may not be the answer

Gaia and Andrew Grant

The industrial umpire has inserted clauses into almost all of Australia's 122 workplace awards, which allow employees to ...

Millions of Australians can now 'cash out' their annual leave

Nick Toscano

Death in paradise: ASIC asleep to Ponzi scheme

Sarah Danckert

Not all super funds are looking after their members. Illustration: Matt Davidson

Devils are in the detail in super life insurance

Adele Ferguson

ASX 200 full-year earnings preview

Devils are in the detail in super life insurance

Adele Ferguson

Death in paradise: ASIC asleep to Ponzi scheme

Sarah Danckert

Householders can get rid of paint at local government-run collection schemes.

Five things you should never put in the rubbish

Lucy Cormack

DJ's Market Street store sold to Westfield owner

Carolyn Cummins

Cash on the nose as Australians spend an estimated $2 billion a week on contactless or "tap and go" payments.

$110b: Australia's 'tap and go' boom

Madeleine Heffernan

One of the world's biggest food companies, Kraft Heinz, says Australia is increasingly competitive.

Food giant says grocery market 'increasingly competitive'

Madeleine Heffernan

Consumer confidence returning, says Ian Moir, the CEO of Woolworths Holdings.

DJs says consumer confidence returning

Madeleine Heffernan

Euromonitor said children's breakfast cereals had declined for several years.

Australians chowing down on cereal

Madeleine Heffernan

Outgoing RBA governor Glenn Stevens: The bank's actions are having less impact than they once did.

RBA rate cut creates few winners

Opinion
Benjamin Purvis and Narayanan Somasundaram

Why record low rates aren't firing up spending

COMMENT
Clancy Yeates

The number of internet job ads fell 0.7 per cent, while the more volatile newspaper component fell 12.6 per cent.

Bloomberg News

Aluminum for delivery in three months climbed 1.4 per cent to settle at $US1645 a tonne at 5.50pm on the LME, posting a ...

Aluminium advances as Chinese stockpiles sink

Agnieszka de Sousa

The self-help guru who owns only 15 things

Alex Williams

The weakening of the pound against other currencies could mean good news for foreigners wishing to travel to the UK.

British Pound shows signs of resilience in face of BOE stimulus

Anchalee Worrachate and John Ainger

Al Kahn, right, with Pokemon creators Mr Kubo and Mr Ishihara. Kahn secured the licensing rights to the franchise for ...

Meet the man who made Pokemon an international phenomenon

Hayley Tsukayama

The Southgate complex in Melbourne's Southbank will realise $578 million.

Dexus to net $664.5m for two properties

A Woolworths truck is parked outside a Coles Supermarket as competition in supermarket supremacy heats up

Supermarket wars are gaining traction

Carolyn Cummins

The Windt family is selling Anvil Creek in the Hunter Valley, which has approval for a $1.4 billion mixed-use project.

Anvil hits market as Hunter lures developers

Carolyn Cummins

Californian maker 1000 Stories creates a zinfandel that's finished in whisky barrels.

Can't decide between whisky and wine? You can have both at once

Fine Drinks

It's not one for the purists but the combo will certainly get your dinner guests talking.

‘Disruptive’ new Rolls-Royce breaks all the rules

Luxury Cars

Where else but Las Vegas would you expect to launch a $745,000 car?

NEWS: Four Leaf Clover found by 8 yr old Jasper Coverdale at Glenfyne.
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