Latest Business News

Want to be the first on your block to have a rate rise? A tracker loan might be for you.

Beware tracking down a tracker home loan

What a funny little business the sudden interest in "tracker home loans" is – an apparent desire to have a home loan that immediately follows Reserve Bank cash rate movements just when there's a very good chance the next RBA move will be up.

Wall Street dropped on firming prospects for a December rate hike.

8@eight: ASX set for flat open

The local sharemarket looks set to open flat to slightly weaker after US and European markets drifted down overnight.

Monday's Crown share price plunge has cut billionaire James Packer's paper wealth by about half a billion dollars.

China raids cost Packer half a billion dollars

Government raids on Crown Resorts' offices in China have sent the company's share price plummeting on Monday, cutting billionaire James Packer's paper wealth by about half a billion dollars.

Kingsgate chairman Ross Smyth-Kirk has railed against the claims made against the miner.

Kingsgate shares dive on looming Thai mine shutdown

Shares in Thai gold mine owner Kingsgate Consolidated collapsed Monday when trading resumed after a five month suspension following a government decision to force it to close its mine by the end of the year.

Small Business