Wall St rises for third straight week

Wall Street's three main indexes closed at record highs on Friday, helped by gains in consumer staples.

Saudis seek OPEC-first output agreement

Saudi Arabia won't meet with non-OPEC nations including Russia amid disagreements about how to share the supply cuts.

'Great rotation' debate revived

After numerous false starts, the idea of a 'Great Rotation' out of bonds into stocks is again gaining traction.

Zinc, lead power base metals higher

Zinc, the best performing metal on the London Metal Exchange this year, powered to its highest in more than eight years.

China iron ore imports to top 1b tonnes

China's iron ore imports from India surged in October and purchases from Australia grew slightly, customs data showed.

Bait and switch: How companies fake customer online reviews

• COMMENT

Ever stayed in a hotel, used a furniture removalist or bought a kitchen appliance after reading positive online reviews and felt like a victim of bait and switch?

Star struck: how Caltex pumps profits out of servos

• EXCLUSIVE

"These aren't fake, they are real bullets," the robber yells as he presses the loaded pistol into the forehead of a Caltex service station attendant. Sohaib Irshad, the attendant, can feel cold steel against his skin and is desperately trying to stay calm as the robber shouts and pounds on the counter demanding cash.

Is Caltex worse for workers than 7-Eleven?

• COMMENT

Is the Caltex franchise model more brutal than convenience store giant 7-Eleven? From an underpaid worker's perspective it is certainly the case.

Surpreme Court dismisses Adani mine challenge

The Queensland Supreme Court has upheld the granting of a mining lease and environmental authority to the massive Carmichael coal mine in the state's Galilee Basin.

Real estate fraud paying for gambling, drugs and entertainment

• EXCLUSIVE

More than $3.6 million in trust account funds has been stolen by NSW real estate agents in the past two years.

Dutton is very right, a little correct and very wrong

• COMMENT

For all the publicity Peter Dutton has generated for the coalition's tough-on-refugees, suspicious-of-Islam image, he's only added a tenuous terrorism footnote to an old story.

Do Caltex franchisees need wage fraud to survive?

Investigations are being carried out as to whether Caltex franchises are financially viable and if this results in Caltex franchisees underpaying staff.

Thousands of workers discover they're being ripped off

One in four Australian workers who checked their pay through a union-run online wage calculator found out they were being ripped off, with staff in the restaurant business the worst-affected.

Crown's Chinese war room in act of 'a--- covering'

• EXCLUSIVE

James Packer's Crown Resorts has assembled a "war room" of highly paid lawyers and advisors.

Hunt on for reasons behind America's slowing growth

• COMMENT

America's rate of growth has been slowing for decades, starting long before the onset of the global financial crisis.

ASX climbs to 3-month high

The sharemarket burst through 5500 to a three-month high, as commodities spearheaded a solid week of gains.

Black Friday kicks off the Christmas retail season

With less than five weeks to go, its starting to feel a lot like Christmas.

Spencer Street turns into crime-fighting precinct

Spencer Street is set to become the crime fighting centre of Melbourne with the state government agreeing leasing terms for a major new office tower next to the current City West police headquarters.

Major fuel shortage at Melbourne Airport forces flight delays, diversions

• UPDATED

A major fuel shortage at Melbourne Airport is causing flight delays and forcing some international flights to divert to make fuel stops elsewhere.

Markets Live: Bulls drive ASX above 5500

Shares extend this week's rally, led up by more gains in the big miners and a rally in Tatts, while banks slip.

We must not become 'protectionist' after Brexit, Trump: Rio CEO

Australia should refrain from adopting more protectionist policies in the aftermath of Brexit in Britain and election of Donald Trump in the United States, chief executive Jean-Sebastien Jacques says.

Watchdog orders banks to review product cross-selling

Australia's major banks must review whether staff have been setting up accounts customers did not want in order to hit sales targets, after the cross-selling scandal engulfing United States lender Wells Fargo.

Big banks 'will follow' Westpac's rate hike

Westpac Bank is the first of the majors to increase interest rates on its fixed rate home loans and investment loans, but market watchers says it likely the other majors will follow. 

Chinese property buyers return, reigniting bubble fears

The 'spring-selling' season has seen a defiant return of Chinese buyers, who are sidestepping lending restrictions and found new avenues to re-enter the market.

Caltex wage fraud: the system is broken

First it was 7-Eleven. Now, petrol station chain Caltex is under the spotlight for rampant wage fraud through out it's franchise network- as Fairfax's Adele Ferguson explains.

Banks admit breaking cartel laws

ANZ Bank and Macquarie Group are facing multimillion-dollar fines over allegations of engaging in cartel conduct over trading in the Malaysian ringgit. Vision courtesy ABC News 24.

ANZ Bank and Macquarie admit to attempted cartel conduct

ANZ Bank and Macquarie Group have admitted their traders tried to rig contracts in Malaysia's foreign exchange markets.

Black Friday shoppers seek early deals

Thanksgiving is becoming the new Black Friday with shoppers lining up across the US hoping for the best deals.

Fifteen signs you're in the wrong job

Is your job doing a job on you? Getting stuck in a position that's all wrong for you can take a massive toll on your entire life.