Seek forced to conduct first redundancy program
Scrapping the loan scheme for vocational training is costing job search site Seek $8 million and forcing it into its first ever redundancy program, its chief executive has revealed.
Latest Business News
We'll get nothing for Big W if we sell now - Woolworths chair
Woolworths warned it would get nothing for Big W if it sold the chain tomorrow, after shareholders grilled it over the future of the chain following the shock exit of its chief, Sally Macdonald last week.
Public servant's $1 million racism compo claim
A former federal public servant who says she suffered six years of racism from her boss is claiming more than $1 million in compensation from the Commonwealth.
Westpac's RAMS raises fixed home loan interest rates
Westpac-owned RAMS is hiking fixed interest rates by up to 0.4 percentage points, the latest lender to respond to growing market bets that official rates have bottomed.
Deja vu as Pie Face goes up for sale
Fast food chain Pie Face – known for its smiley-faced pies – is back on the market after going into receivership for the second time in two years.
Meriton apartment chain manipulated TripAdviser reviews, ACCC claims
The serviced apartments had no hot water, broken phone lines and out-of-order lifts, but, the consumer watchdog says, Meriton Serviced Apartments had a sneaky trick to sidetrack guests who might write disparaging online reviews.
ASX takes time for Thanksgiving
Shares took a breather after two strong sessions, with the 5500 level proving a bridge too far amid a day of low trading volumes.
Markets Live: Miners give back gains
Investors are taking profits in miners, as early optimism on the ASX sours amid heavy selling in bonds, while Boral plunges.
Bank rule-breakers should be named and shamed, but Labor and Greens push for royal commission
Bank employees who break the rules would be publicly named and shamed within five days under changes proposed by a parliamentary committee examining the big four banks.
Economy may have gone backwards
Several factors may cause the Australian economy to record its fourth quarter of negative growth in 25 years, Morgan Stanley analysts have warned.
Identity theft surges 80 per cent as cyber criminals hack data
Identity theft is the fastest-growing type of fraud and a growing source of losses for banks as cyber criminals target the vast array of personal information held online, a new report warns.
Experts doubt the resources rebound's sustainability
Resources stocks are rallying harder than commodities and experts are divided on its sustainability.
Government repeals telco-specific competition laws
The federal government will instead rely on the broader misuse of market power provisions in competition law.
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Identity theft on the increase
Veda, credit information bureau, has produced a report finding cases of identity theft have risen 80 per cent compared to last year.
What the RBA totally missed about our two-speed economy
Reserve Bank assistant governor Chris Kent missed a major opportunity this week. He delivered a speech about how the various states are travelling but totally omitted a key reason for the two out-performers doing so well.
Woolies chairman stays mum on Big W strategy
Woolworths chairman Gordon Cairns used the retailer's AGM to acknowledge the disappointing performance of the Big W chain, but wouldn't provide any detail on plans for its turnaround.
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The secret of NSW's success
New South Wales has plenty of it and Victoria is getting some as well. So what's the deal with non-mining business investment? Michael Pascoe comments.
Cycliq tries to cash in on bicycle road carnage
You've seen the hair raising videos, now you can buy the shares. Cycliq - think GoPro for your avid cyclists.
Rio Tinto launches $5 billion cost cutting drive
Rio Tinto says it will generate $5 billion in extra free cash flow over the next five years by cutting operational costs across its global empire.
Corrigan to stand down as Qube chairman
Legendary waterfront warrior Chris Corrigan will hand over to coal industry veteran Allan Davies.
The top 10 tech flops of 2016
What's worse, a phone that explodes in your face or a drone that falls from the skies?
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- 02:22
Five factors driving the Aussie dollar
Interest rate policy and the price of iron ore are two of five key factors, which can determine the rise and fall of the Australian dollar.
Chef shortage looms after 457 visa crackdown
The nationalist "jobs for Australians first" push by the federal government could be bad news for food lovers, given more work visas are granted to cooks and chefs than any other profession.
Why James Packer's casino wounds have been re-opened
Since the raids were conducted, there has been numerous theories around why Crown in particular was targeted.
How Aldi tests its products against the competition
The testing process your supermarket products undergo before hitting the shelf.
Blue chips back in favour
The remarkable outperformance of small caps seems to have dissipated so investors are having another look at the growth potential of blue chips.
Five times to the moon and back: India's junked money
When the rest of the world rings in the New Year, India's central bank will be grappling with a unique situation: how to deal with more than 23 billion worthless bank notes?
Treasury yields lift on economic data
Treasuries tumbled along with European government bonds as a gauge of US manufacturing demand surged.
Oil dips on OPEC cut doubts
​Oil prices fell amid doubts that OPEC will agree to a big enough output cut to make a significant dent in the global glut.
8@eight: Turkey slows down the bulls
The local share market is tipped to slide at the open.
Small Business
Is this cafe being punished for being too popular?
A popular Perth cafe faces $1 million in fines.
Millennial-aimed insurance startup moves to UK market
Will the UK insurance industry adapt to apps like Trov?