Latest Business News

Energy was the worst performing sector, tumbling on the weight of Woodside but also after a renewed slide in oil prices ...

ASX hits near one-month low

The Australian sharemarket fell to its lowest in almost four weeks as investors factored in the potential of a US rate hike.

Janet Yellen, head of the US Federal Reserve, is likely to move on rates.

Possible US Fed hike may keep RBA cut at bay

The apparent willingness of Federal Reserve officials to increase US interest rates this year means incoming Reserve Bank of Australia Governor Philip Lowe may have the ability to hold on to the policy ammunition that his predecessor bequeaths him.

McAleese chief Mark Rowsthorn. McAleese has appointed McGrath Nicol as administrator.

Transport group McAleese in administration

McAleese has gone into voluntary administration and its shares have been suspended after the transport group was unable to strike a deal to lower its property rental costs.

A flood of earnings are out this morning, as well as jobs data.

8@eight: ASX set to open lower

The ASX looks like it may have a tough day as materials and energy stocks will struggle in the stronger US dollar environment.

Small Business

Should your child's school be teaching this?

St Paul's School has tapped into an innovation mindset by starting an Entrepreneurs Club.

Australian schools are increasingly moving to introduce specialised entrepreneurship programs. And one year 12 has put his business on hold to study. This is a new reality among today's future workers.