Business News, Economy, Finance & ASX Market News

The completion of a new processing plant may lift earnings from BHP's Bass Strait assets.

BHP upbeat about oil, gas rebound

ENERGY
Brian Robins
1 hr ago

Gold stocks smashed, ASX in red.

Gold stocks turn deep red

MARKETS
Jessica Sier
1 hr ago

ANZ chief executive Shayne Elliott appeared at the parliamentary inquiry into banking.

ANZ chief asked to justify $6.1m salary

BANKING AND FINANCE
Mario Christodoulou

FIRB's Brian Wilson. The key rule was that state-owned entities would be allowed to buy up to 50.1 per cent of Ausgrid, ...

FIRB chairman bows to conflict of interest pressure

THE ECONOMY
Sarah Danckert
1 hr ago

Peter Sitch expanded the Politix network to 75 locations.

Woolworths South Africa's $60 million swoop on Politix

RETAIL
Catie Low
50 mins ago

SYDNEY, AUSTRALIA - OCTOBER 05: JiLL a 57cm tall NAO robot, joins the JLL team as the firm's corporate front of house ...

Robot-ceptionists the next frontier for office automation

PROPERTY
Carolyn Cummins

Some machines are spitting out the new $5 note.

Snack machines spitting chips over new fivers

CONSUMER AFFAIRS
Patrick Hatch

Market Indices

Updated: October 5, 2016 - 4:37PM

Updated: October 5, 2016 - 6:41PM

Updated: October 5, 2016 - 8:15AM

Updated: October 5, 2016 - 6:41PM

United States Dollar

Price

0.7618

Percentage up/down

-0.08% fall
Euro

Price

0.6791

Percentage up/down

-0.18% fall
British Pound

Price

0.5997

Percentage up/down

0.10% rise

Updated: October 5, 2016 - 6:26PM

CBA chief executive Ian Narev batted away questions with ease.

Bank hearing spun to the point of meaninglessness

COMMENT
Adele Ferguson

David Coleman and Ian Narev. Cartoon by John Shakespeare for 5th october 2016.

CBA boss hit with wet lettuce at banking inquiry

Sarah Danckert

The latest scare centres upon the rapid growth of credit and the poor quality of many bank assets.

Once again, scare stories about China are overblown

COMMENT
Roger Bootle

Commonwealth Bank chief executive Ian Narev, former prime minister Paul Keating and investor Gary Weiss.

Buy, sell, short, avoid - investing in a low-yield world

Karen Maley
1 hr ago

Gold has plunged below $US1300 an ounce on fears of that central bank stimulus is ending.

Markets Live: Gold shares smashed

Live
Jens Meyer

BHP, Rio and Fortescue declined to comment on shipments or output ahead of quarterly production statements later this month.

Iron ore shipments to miss guidance

David Stringer

The pound has continued its slide, falling to a 32-year low.

Is the pound headed for parity v US dollar and euro?

Jessica Sier

Gross warns markets are like a Vegas casino

Gold plunges the most in three years

Luzi Ann Javier and Eddie van der Walt

8@eight: All eyes on commodities as precious metals fall

Sponsored
Chris Weston

Aussie, Kiwi debt ETF gutted

Rachel Evans

The NAB smartphone app gave users an error message on Tuesday night.

National Australia Bank apologises amid online banking outage

Georgina Mitchell

Minister for Revenue and Financial Services Kelly O'Dwyer is pushing ahead with a reform package that leaves life ...

Government stands by commissions for life insurance

Georgia Wilkins

Commonwealth Bank CEO Ian Narev before the House of Representatives Standing Committee on Economics Review of ...

CBA boss defends not signing banking code of ethics

UPDATED
Mario Christodoulou

ING plans to eliminate 5800 jobs in Europe

David de Jong

Ian Narev will blaze a trail for the big banks at the inquiry.

The big four questions for the big four banks

Mario Christodoulou

About one in two people are comfortable about being open about their sexuality in the workplace

One in two LGBTI Australians hide their identity in the workplace

Anna Patty Workplace Editor

ACTU president Ged Kearney

Australian campaign for domestic violence leave goes global

Anna Patty

David Evers says he "didn't have a leg to stand on" after his payments were suspended.

Plan to give private job service providers power to cut welfare slammed

Anna Patty

Wait times for people seeking help with their financial stress has increased from a fortnight to six weeks.

Road to ruin: Auto manufacturing workers fear for their futures

Nick Toscano

In the pipeline: NBN won't be profitable until 2022.

NBN pricing faces crunch time over internet speeds

Lucy Battersby

The AFL is among clients contacted as part of an investigation into potential fraud.

Did AFL pay for ads that never ran?

Nick McKenzie

A camel at Choice's Shonky Awards 2016 ceremony.

'Infection-fighting' camel milk referred to ACCC

Esther Han
38 mins ago

Nestle's Milo received a Shonky for being 46% sugar and advertising health stars applicable to skim milk only.

Shonky Awards recognise exploding phones, bottled air and Camel milk

Lucy Cormack
1 hr ago

Some machines are spitting out the new $5 note.

Snack machines spitting chips over new fivers

Patrick Hatch

Peter Sitch expanded the Politix network to 75 locations.

Woolworths South Africa's $60 million swoop on Politix

Catie Low
50 mins ago

The better than expected figures will help ease concerns that slowing consumption growth in the second quarter of 2016 ...

Retail growth eases consumption concerns

Growers are warning shoppers may have to pay more for cherries this summer.

Spring storms whip up expensive cherries

Catie Low

Dick Smith had a whiteboard system of recording rebates.

Dick Smith's $100 million miss on stock

Michaela Whitbourn

Aldi is one of Australia's biggest retailers, with an estimated 10 per cent market share of Australia's $90 billion-odd ...

Aldi urged to 'come clean' on accounts

Madeleine Heffernan

FIRB's Brian Wilson. The key rule was that state-owned entities would be allowed to buy up to 50.1 per cent of Ausgrid, ...

FIRB chairman bows to conflict of interest pressure

Sarah Danckert
1 hr ago

Staying on course: RBA governor Philip Lowe has kept rates on hold.

RBA keeps rates steady under Lowe

Jens Meyer

Coca-Cola factory workers in France found an unusual shipment.

Food, beverage recovery boosts manufacturing

Annual growth in prices ticked up to 7.1 per cent in September, from 7 per cent in August.

House prices up as record low mortgages buoy demand

SA's power infrastructure should have been able to withstand the storm.

AEMO report casts limited light on SA power outage

Brian Robins
51 mins ago

The completion of a new processing plant may lift earnings from BHP's Bass Strait assets.

BHP upbeat about oil, gas rebound

Brian Robins
1 hr ago

Anti-mining activists launched their case against New Hope's Acland coal mine expansion in March.

Acland mine court case finally winding up

Republican presidential candidate Donald Trump pauses as he speaks at a campaign rally,

Donald Trump still has the markets nervous

COMMENT
Michael Pascoe

For both institutional and contextual reasons, Deutsche Bank is unlikely to provoke the 2016 version of a Lehman moment.

What should, and shouldn't, worry us about Deutsche Bank

COMMENT
Mohamed A. El-Erian

Deepwater Horizon is a $US156 million film that focuses on the hours around a rig explosion in the Gulf of Mexico, ...

Hollywood's love/hate relationship with business

Thomas Heath

The 488 Spider roars over the West Gate Bridge.

Behind the wheel of the new Ferrari everyone wants to drive

Sports Cars

Brioni's Justin O'Shea is out of the top job in record time.

'Bewildering': Aussie designer out at Brioni after just six months

Men's Style

A financial agreement gives peace of mind for (from left) Simon Lyster, Galileo Lima, 10, Shahrazad Lima 13, and ...

How to keep what's yours when a relationship fails

John Collett

A little pain now in terms of planning can mean you avoid a financial hangover later on.

Plan ahead for the festive season to avoid a financial hangover

Melissa Browne

Melissa Behrend is a director at HR on Call.

She worked 62 hours in four days. This is what her boss did next.

Alexandra Cain

Marketing guru Franziska Iseli

How the #Girlboss movement might be holding women back

Bhakthi Puvanenthiran

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