Business News, Economy, Finance & ASX Market News

Mining investment was down 22 per cent.

Capex, investment outlook the worst since 2010-11

THE ECONOMY
Peter Martin
52 mins ago

Celebrity chef Neil Perry (left) with David Jones CEO John Dixon: The department store's appetite for Australia's ...

DJ's food plans a risk for Coles and Woolies: Moody's

RETAIL
Catie Low
1 hr ago

Bunnings will not be drawn into a race to the bottom as the Masters liquidation gathers pace.

Bunnings' price promise will not apply to Master fire-sale

RETAIL
Catie Low
14 mins ago

Communications Minister Mitch Fifield.

Clock ticking as media reforms reintroduced to Parliament

MEDIA & MARKETING
Lucy Battersby
1 hr ago

Interest rates on key savings accounts were cut by 0.25 percentage points last month, more than the cut in mortgage rates.

Banks happy to pass on full rate cut to some

BANKING AND FINANCE
Clancy Yeates

ASX red

Commodity woes weigh on ASX

MARKETS
Vanessa Desloires
1 hr ago

The Age, SMH Story by, Catie Low. Photo shows, Gerry Harvey from Harvey Norman pictured after he released strong full ...

Billionaire Gerry Harvey: 'Why would house prices crash?'

COMMENT
Colin Kruger, CBD

Market Indices

Updated: September 1, 2016 - 4:44PM

Updated: September 1, 2016 - 6:10PM

Updated: September 1, 2016 - 7:15AM

Updated: September 1, 2016 - 6:55PM

United States Dollar

Price

0.7542

Percentage up/down

0.31% rise
Euro

Price

0.6772

Percentage up/down

0.49% rise
British Pound

Price

0.5693

Percentage up/down

-0.54% fall

Updated: September 1, 2016 - 6:42PM

'Surcharging is certainly an issue that American Express strongly opposes'.

Amex 'astroturfing' card surcharge debate

COMMENT
Michael Pascoe

Shifting rainfall patterns and hotter weather will be tough for some farmers.

Never mind spilt milk. Wheat is burning

Michael Pascoe

Illustration: John Shakespeare.

No gold for Gerry Harvey's mining adventure

Colin Kruger, CBD

Miner BHP Billiton topped is the highest ranking Australia company on the list.

Markets Wrap: How the day unfolded

Live
Patrick Commins and Jens Meyer
1 hr ago

A strong payroll read on Friday in the US could send the Australian dollar back towards US74 cents, Commonwealth Bank says.

$A lifts on capex data

Vanessa Desloires

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

8@eight: Oil slide wakes up markets

Sponsored
Angus Nicholson

Wall Street is near record highs despite five consecutive quarters of falling earnings, the MSCI world sharemarket index ...

UBS tips 20pc fall in global markets

Patrick Commins

ASX ends earnings season on sour note

Jens Meyer

Markets wrap: The day's key business news

Live
Patrick Commins and Jens Meyer

8@eight: $A hit hard, poor Wall Street lead

Sponsored
Angus Nicholson

Price rally bolsters China steel sector

Bloomberg News

'Surcharging is certainly an issue that American Express strongly opposes'.

Amex 'astroturfing' the credit card surcharge debate

COMMENT
Michael Pascoe

'We need more mergers, at a national level, but even also across national borders,' says Deutsche Bank chief executive ...

Deutsche Bank CEO wants Europe bank mergers

Arno Schuetze and Jonathan Gould

The new $5 note will go into circulation from Thursday.

Security boost with new $5 note

Clancy Yeates

Variety: Macquarie is trying to push further into retail banking.

Macquarie fires up digital banking push

Clancy Yeates

Kelly O'Dwyer, Minister for Small Business and Assistant Treasurer, in the chamber.

The case against a banking royal commission

COMMENT
Kelly O'Dwyer

The worker said she did not want to take the test because it breached company and industry standards.

Drug testing company unfairly sacked worker for refusing drug test

Patrick Hatch

The Ride Share Drivers' Association of Australia said it is concerned Uber will simply shift the cost to drivers, who ...

Drivers fear they will cop $2 Uber levy

Georgia Wilkins

Even a pass mark may not be enough to save tax officials from a hefty uni bill, under a proposal from Commissioner of ...

Fail uni, pay full fees, says the ATO

Noel Towell

Compass co-founder and executive director Ori Allon.

BRW Young Rich lister's billion dollar bonanza

Sarah Frier

Whistleblower BHP

Americans pay millions to whistleblower at BHP

EXCLUSIVE

It has been 12 months since Fairfax Media exposed systemic wage fraud and the head office cover-up at 7-Eleven. ...

An inconvenient year for 7-Eleven

Adele Ferguson

The ACCC has taken legal action against Volkswagen Australia over alleged cheat devices.

'It is as serious as it gets': ACCC takes Volkswagen to court

Lucy Cormack, Patrick Hatch

Credit where it's due: Leah Doyle.

Leah's 'ridiculous' credit card surcharges

Lucy Cormack

Simon Bosch

7-Eleven needs to wake up to itself

COMMENT
Adele Ferguson

Bunnings will not be drawn into a race to the bottom as the Masters liquidation gathers pace.

Bunnings' price promise will not apply to Master fire-sale

Catie Low
14 mins ago

Celebrity chef Neil Perry (left) with David Jones CEO John Dixon: The department store's appetite for Australia's ...

DJ's food plans a risk for Coles and Woolies: Moody's

Catie Low
1 hr ago

As a result of the deal, Collins Foods now has 191 KFC restaurants across the country.

Collins Foods eyes expansion

Target batgirl shirt

Target pulls 'sexist' girls' shirt from stores

Marika Dobbin

Just Group director Terry McCarthy believes Smiggle's rival, Cotton On's chain Typo, has "used Smiggle as a blueprint".

Pencils at ten paces in Smiggle stoush

Sarah Danckert

Mining investment was down 22 per cent.

Investment outlook the worst since 2010-11

Peter Martin
53 mins ago

Resource-rich Australia has been struggling with a global slump in commodity prices that has kept economic growth to ...

Business spending shows signs of life outside mining

Singtel group CEO Chua Sock Koong: " The larger the company, the less likely the head will be a woman."

Boss of 23,000 workers once got confused for the secretary

Nassim Khadem

Future Fund chairman Peter Costello says governments are "running out of shots" to protect against any future financial ...

'We're running out of shots', Costello warns

Georgia Wilkins

Australia was the only G20 nation judged to be "very poor" in four of the seven climate categories.

'Very poor': How Australia went to the bottom of the class

Peter Hannam

The scrapping of his bonus was seen as an appropriate move by BHP boss Andrew Mackenzie, a spokeswoman said.

BHP axes bonus for CEO Andrew Mackenzie after $8b loss

Rebecca Keenan

Margins at Chinese producers have swung from deeply negative in November to the best since 2009 in April, which has ...

Price rally bolsters China steel sector

Bloomberg News

Star Ricky Martin on the opening night of the Scott Sanders production of 'Evita' at the Marquis Theatre.

Lowys bring some old razzle dazzle to Westfield

Carolyn Cummins

Artist impression of White Bay Power Station project, which could be the new home of Google if a lease is signed.

Google revisits White Bay for new headquarters

Carolyn Cummins

Home Consortium will press ahead with its $750 million plans to buy the failed Masters portfolio.

Home presses ahead despite Lowe's' Masters ploy

Nicole Lindsay

Compass co-founder and executive director Ori Allon.

BRW Young Rich lister's billion dollar bonanza

Sarah Frier

Are we facing the storm after the calm? Wall Street strategists are warning clients to expect rising volatility in ...

Why this month could be huge for global markets

Sid Verma and Luke Kawa

We can agree that the tech giant's cosy arrangements should never have been permitted. But that does not empower the ...

Apple's tax shock: Europe needs to watch its step with US

Ambrose Evans-Pritchard

Four Pillars distillery.

Eight great distillery doors remixing the craft spirit scene

Fine Drinks
James Atkinson

The days of upmarket 'bricks-and-mortar' shops may be numbered.

'Self-defeating' days of bricks-and-mortar shops are numbered

Luxury
Stephen Lacey

Illustration: Simon Letch

Why getting below the $1.6m super threshold is a timing issue

Noel Whittaker

<P>

What you need to know before you get your first credit card

Kate Jones

Luxury Escapes offers not only five-star and six-star properties, such as Finolhu Villa in the Maldives, but meals, ...

How this company is turning over $200 million in its third year

Bhakthi Puvanenthiran

Talented young employees are especially sought after by some firms.

Is it really so bad for young employees?

Tony Featherstone

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