News
Resource bulls can’t count on Trump
12:00AMALAN KOHLERDonald Trump is not actually proposing a fiscal expansion — just a revenue neutral tax break for private investment.
Wall St slips from records
8:44AMRiva GoldUS stocks retreated but were still on track for weekly gains, while bond yields and the US dollar continued to rise.
Execs caught in Rio tsunami
12:00AMMatt Chambers, Barry FitzGeraldWhen Rio Tinto’s board met in London this week there was just one item on the agenda. The meeting took 10 hours.
exclusiveBull market over, inflation lags
12:00AMANDREW WHITEOne of the world’s best-known economists, Stephen Roach, says the bond bull market is over, but inflation is soft.
CriterionRush to ride yuletide IPO fortune
12:00AMTim BorehamInitial public offerings are finishing the year in barnstorming fashion with a slew of listings scheduled.
Touch of Europe in super flats
SCOTT MURDOCHAustralian apartment buyers are taking the lead from the Europeans by combining off-the-plan units into one home.
The banker who went cashless
RICHARD GLUYASANZ executive Fred Ohlsson hasn’t looked back since erasing physical currency from his life.
Price war end boosts premiums
Michael RoddanPremiums across the Australian insurance industry have risen at their strongest rate in three years.
Telstra backs homeless service
Sarah-Jane TaskerTelstra has thrown its support behind an online initiative that connects homeless people to much-needed services.
Silver Chef hit by fraud attack
Michael RoddanThe ASX-listed equipment financier has lost millions to customers using co-ordinated fake identities.
exclusivePwC staff offered Trump therapy
Cameron StewartPricewaterhouseCoopers has offered to counsel staff in Australia worried by Donald Trump’s US election win.
ExclusiveBeginning to make things again
Jamie WalkerUntil recently, Darren Matulis moved from job to fading job — now he’s helping bring Australian manufacturing home.
Penthouse priced at $118m
SAMANTHA HUTCHINSONA 70th-floor penthouse at Sydney’s Barangaroo precinct is carrying an asking price of $118 million.
exclusiveCFMEU’s ‘gun to head’ of bosses
EWIN HANNANMore than 1500 companies have signed agreements with the construction union for 20 per cent in pay rises.
Myer chiefs defy short-sellers
ELI GREENBLATMyer chairman Paul McClintock and chief executive Richard Umbers proved a bruising double act yesterday.
Pension access cuts a nasty shock
Glenda KorporaalSuperannuation funds are urging people who might be affected by changes to the assets tests to seek advice.
UPDATEDVW to cut up to 30,000 jobs
William BostonVolkswagen has announced a sweeping restructuring and shift towards electric vehicles.
Rio opens a can of worms
Terry McCrannWatch Terry McCrann’s wrap of this week’s business news, including Telstra’s NBN deal and the rise of Donald Trump.
exchangeWhy Trump gave bonds a jolt
DAVID ROGERSThe market’s outlook depends on whether investors think Trump is a game-changer for US inflation and growth.
Venture capital backs local talent
Australian start-ups have benefited from a jump in domestic venture capital investment.
THE DEALFagg’s plans to change the world
GLENDA KORPORAALKathryn Fagg takes the helm of Chief Executive Women at a time of increasing backlash around gender equality.
Eurozone ‘still needs stimulus’
Tom FairlessMario Draghi’s latest comments indicate the ECB is likely to extend its easy-money policies next month.
UPDATEDStocks defy resources softness
Daniel PalmerMyer’s 14pc surge helped the local market to a stronger close, despite softness in the resources sector.
‘Princeling’ corruption exposed
Aruna ViswanathaA $US264m settlement details how JP Morgan hired relatives of government officials in Asia to try to win business.
