Business News, Economy, Finance & ASX Market News

New Reserve Bank governor Philip Lowe wants major investment by government in infrastructure.

Help me out, run up more debt, says RBA boss

THE ECONOMY
Peter Martin
11 mins ago

Money transfers between banks should take seconds, not days.

Coming soon: Instant transfers, phone numbers to replace BSBs

BANKING AND FINANCE
Peter Martin
13 mins ago

About 1400 lawsuits have been lodged at the regional court near Volkswagen's Wolfsburg headquarters in western Germany.

VW investors seek $12b in emissions scandal

WORLD BUSINESS
Andreas Cremer
1 hr ago

Pankaj Oswal (left) and his wife Radhika (right) and daughter Vasundhara leave court in Melbourne: There is little doubt ...

Why ANZ blinked first in six-year battle with the Oswals

COMMENT
Sarah Danckert
1 hr ago

Gold mining stocks enjoyed their best session since Brexit on Thursday.

Gold miners lead ASX higher

MARKETS
Vanessa Desloires

Glenn Rosewall leaves the Supreme Court on Thursday.

Psychic's advice 'like flying a kite': ex-BBY chairman

BANKING AND FINANCE
Michaela Whitbourn

UBS head of strategy David Cassidy says the period of low volatility is likely over, predicting a rocky path to 5500 for ...

Sharemarket unlikely to end 2016 on a high

MARKETS
Vanessa Desloires
6 mins ago

Market Indices

Updated: September 22, 2016 - 4:40PM

Updated: September 22, 2016 - 6:09PM

Updated: September 22, 2016 - 7:15AM

Updated: September 22, 2016 - 7:05PM

United States Dollar

Price

0.7665

Percentage up/down

0.54% rise
Euro

Price

0.6820

Percentage up/down

0.07% rise
British Pound

Price

0.5860

Percentage up/down

0.10% rise

Updated: September 22, 2016 - 6:50PM

Andrew Mackenzie will have to settle for only receiving $US2.2 million for the year.

Andrew Mackenzie pays the price for a poor year

COMMENT
Elizabeth Knight

The current FBT treatment of vehicles is particularly dumb policy.

Labor and coalition agree to keep tax lurk

COMMENT
Michael Pascoe

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

Will share awards shield BHP boss Andrew Mackenzie?

COMMENT
Colin Kruger, CBD

A cautious outlook statement saw TPG shares dumped earlier in the week.

TPG to ramp-up mobile offering

Brian Robins

Investors in equities have reacted positively to the Fed's decision to hold rates steady.

Markets Live: Rush to gold miners

Live
Patrick Commins and Jens Meyer

Brickworks Ltd Austral bricks plant in western Sydney is benefitting from a high level of housing starts

Housing boom a boon for Brickworks

Brian Robins

Currency experts say the Australian dollar is unlikely to break through its current resistance level of US77.20¢.

Can $A break to new yearly high?

Jessica Sier

Fed decision a buy signal for Lee

Oliver Renick

RBNZ keeps rates on hold, but signals more cuts

Matthew Brockett

New Zealand holds rate at 2pc

8@eight: Firepower from the Fed

Sponsored
Chris Weston

New Reserve Bank governor Philip Lowe wants major investment by government in infrastructure.

RBA chief hits out at bankers' bonus culture

UPDATED
Georgia Wilkins
1 hr ago

Tennis great and BBY director Ken Rosewall arrives at the NSW Supreme court.

'I didn't do the right thing': former BBY director Ken Rosewall

Michaela Whitbourn

NAB is teaming up with banks in Israel and Canada to pursue the development of blockchain and other technologies.

The $10 payment that opens a new world

Georgia Wilkins

Senator Elizabeth Warren, a Democrat from Massachusetts, lashing out at the Wells Fargo boss: "Your definition of ...

Wall Street's highest-paid banker called out for 'gutless leadership'

Michael Corkery

Jack Ma's payments business has secretly become one of the biggest financial firms in the world.

Jack Ma's finance business bigger than Goldman Sachs

Lulu Yilun Chen

Luke Driver, with his sons, Jack, 2, and Xavier, 8 months, often works from home.

One in three Australian workers now regularly works from home

Nick Toscano

Ambulance officers are using liquid chalk messages to protest against the Baird government.

Ambos' chalk blurs the line between protest and graffiti

Anna Patty

Jayde Farrell in his studio space.

Teachers fear downgrading of education in prisons

Anna Patty

The money men: Guy Debelle and Philip Lowe.

Meet the odd couple who'll be running our central bank

Peter Martin

Companies sent income to low-tax Singapore.

ATO investigates 35 e-commerce companies

Nassim Khadem

The penalty regime in Australia needs to be far harsher

Counting the cost of banks breaking bad

COMMENT
Adele Ferguson

NSW has nearly 500 wine producers.

How a new building has boosted the prospects for NSW wines

Esther Han
1 hr ago

SMH News story by, Lucy Cormack . Photo shows, Patrick Sidoti, is a 25 year old video producer living in a household of ...

How much Sydney spends on groceries - and how much we throw out

Lucy Cormack

HP wants its customers to stop using third-party-made ink cartridges.

How HP blocked the use of cheap ink cartridges

Esther Han

NSW has nearly 500 wine producers.

How a new building has boosted the prospects for NSW wines

Esther Han
1 hr ago

Premier Investments chair Solomon Lew (right) with chief executive Mark McInnes, has delivered another impressive ...

Peter Alexander to grow abroad post pyjamas peak

Catie Low
1 hr ago

Premier Investments Chair Solomon Lew has delivered another impressive full year result for Premier Investments.

Pester power, pyjamas power Premier

Catie Low

Cheap strawberries for sale at Coles on Swan Street in Richmond on September 19, 2016 in Melbourne, Australia.

80 cents a punnet: Big supermarkets blamed for driving 'ridiculous' strawberry prices

Chloe Booker

Aldi in Australia

Grocery prices to slide as Aldi, Costco nab 20 per cent share

Madeleine Heffernan

New Reserve Bank governor Philip Lowe wants major investment by government in infrastructure.

Help me out, run up more debt, says RBA boss

Peter Martin
11 mins ago

RBA governor Philip Lowe faced the standing committee on economics for the first time since his appointment.

We are not 'inflation nutters', RBA's Lowe says

Peter Martin

OECD Secretary-General Angel Gurria speaking in London earlier this year.

Rates are low, so borrow and spend, says OECD

Peter Martin

The current FBT treatment of vehicles is particularly dumb policy.

Labor and coalition agree to keep tax lurk

COMMENT
Michael Pascoe

Spot gold was up 1.2 per cent at $US1330.08 an ounce by 2.58pm in New York, after rising to $US1335.01 an ounce, the ...

Gold rallies on steady Fed policy

LNG tanker loading at ExxonMobil's PNG LNG venture.

PNG backs second LNG Project

Dan Murtaugh and Sharon Cho

Rio's Alma smelter began operating in 2000 and produced over 466,000 tons of primary aluminium last year.

Former Rio workers arrested for fraud

Jesse Riseborough and Frederic Tomesco

The former Bates milk bar site at 124 Campbell Parade.

Bates' Bondi Beach milk bar reaps $19.12m

Carolyn Cummins

An Adina Apartment Hotel will open in Melbourne's former Pentridge Prison in 2020 with a function centre in the old ...

Digital not so disruptive for hotel sector: Adina manager

Simon Johanson

View from the top: A new food court at ground level is part of the latest expansion of Chadstone.

More sky on the horizon for Chadstone

Nicole Lindsay

About 1400 lawsuits have been lodged at the regional court near Volkswagen's Wolfsburg headquarters in western Germany.

VW investors seek $12b in emissions scandal

Andreas Cremer
1 hr ago

Wealthy families have been funnelling money offshore amid concerns a falling yuan will shrink their fortunes.

Suitcases of cash: Chinese travel figures show money exodus

Mark Zuckerberg and his wife, Priscilla Chan, as they prepared for their speech on Wednesday announcing their new goal: ...

Zuckerberg's $4b pledge to end disease

Katie Benner

Irreconcilable differences: we should go easy on both those in and out of the public eye who meet this common fate.

The first thing you hear when you announce your divorce

Life On Mars

Tech-savvy fashion start-ups are changing the ways goods are ordered, made and sold.

Your next pair of shoes could come from a 3-D printer

Men's Shoes

Howard and Gillian Tuxworth, with their children Harry and Molly, at the Collingwood home the Victorian government ...

What you can do if you're facing compulsory acquisition

Christine Long

If it's true love, like Wesley and Princess Buttercup in The Princess Bride, you might want to consider putting assets ...

The Money guide to shacking up with your partner

Melissa Browne

Work, unhappy, woman, misery, office, worker

How workers cope with shattered office morale

Tony Featherstone

David Poxon's start-up company, Velvet, allows people to sell their unused internet data to others nearby via Wi-Fi.

Aussie entrepreneur's plan to sell unused data

Bhakthi Puvanenthiran

Save articles for later.

Return to the homepage by clicking on the site logo.