Business News
ASX can’t explain backup failure
THE Australian Securities Exchange says it has identified the hardware that caused the stockmarket to crash but still doesn’t know why a backup system failed to kick in.
It ain’t always roses with proposals
CONTRIVED reality television has nothing on the problems facing some real people facing real wedding blues, writes Barefoot Investor.
Growth at every stretch
COTTON On Body’s Bryce Telley tells John Dagge why activewear is a trend that keeps getting bigger.
Merger more than skin deep
COSMETIC treatments group Australian Skin Clinics has merged with a Hairhouse Warehouse business to meet what it says is a growing appetite for beauty services from image-conscious consumers.
Own goal a blow to bank inquiry
THE push for a royal commission into banking and finance has taken a serious blow and wouldn’t you know it, the big institutions are rubbing their hands in glee, writes Karina Barrymore.
Breaking News
- 9:08AM(AEST)
NBN stirs broadband cost fears
As small broadband players worry about high NBN access costs, experts say the cost of internet in Australia will rise as services improve. Read more
- 7:49AM(AEST)
Oil sinks as OPEC deal seen unlikely
The Dow Jones industrial average ended down 131.01 points, or 0.71 per cent, at 18,261.45 and the S&P 500 lost 12.49 points, or 0.57 per cent, to 2,164.69. Read more
- 9:26PM(AEST)
Fiscal boost a common theme for economists
Philip Lowe's emphasis in his first outing as RBA governor on the need for fiscal stimulus echoed a common view among economists. Read more
The Big Australian tax feud
BHP Billiton’s dispute with the taxman has blown out past $1 billion in what has become one of the biggest ever tax claims against an Australian company.
Shake-up at the top for insurer
THE new chief executive of Australia’s biggest health insurer has shaken up senior management ranks as he tries to improve its performance.
Sea of red Aussie stocks cop $30bn hit
THIRTY billion dollars has been wiped from the value of Australian companies today as a sea of red engulfed the stockmarket.
The economy Nation faces slow growth limbo — BIS
THE Australian economy will be locked in “slow growth limbo” for another three years, a report has found.
How Alba created a $1bn empire
ACTION flicks and a cult TV show made her a household name, but Jessica Alba forged an $1 billion empire from nappies and soaps. How did she do it?
How to make money in your spare time
FORGET the excuse that you’re too busy, there is an easy way to make money in your spare time. Here is how to pursue your passions.