Latest Business News

Harvey Norman chairman Gerry Harvey has invested almost $62 million in a secret start up over the past two years.

Harvey Norman's secret start-up

Harvey Norman has sunk almost $62 million into a secret start-up in the past two years, a retail joint venture that hasn't earned the listed operation a cent so far.

Iron ore prices have rallied to the highest in two years, boosting the shares of mining companies.

Iron ore's party may be about to end

Soaring prices for the metal have boosted Australia's three largest exporters. But the party is about to end, with prices tipped to plunge by 40 per cent next year.

Donald Trump, 2016 Republican presidential nominee, at the Trump International Hotel in Washington.

Trump, the conflicts-of-interest president

When Donald Trump starts work in the Oval Office in January, he will have more potential business and financial conflicts of interest than any other president in US history.

A trader on the floor of the New York Stock Exchange on Friday. US stocks fluctuated in whipsaw trading.

Small caps surge as election winners sought

(Bloomberg) -- U.S. stocks ended mixed in whipsaw trading, with the Dow Jones Industrial Average edging higher to another record in its best week in five years, as investors speculate how Donald Trump's policies will impact the economy and interest rates. Small caps in the Russell 2000 surged.

CIMIC executive chairman Marcelino Fernandez Verdes.

ASIC launches CIMIC bribery probe

The corporate watchdog has launched an investigation into allegations Leighton and CIMIC failed to disclose a bribery scandal.

<p>

New Balance burned for praising Trump

As protests against President-elect Donald Trump roil cities across America, people have found a corporate logo to symbolise their anger and dismay. It's emblazoned on the side of their shoes.

Small Business