Markets Live: Vocus shares smacked
Shares reverse early losses to trade higher, led by buying in the big banks, while Vocus's earnings guidance is poorly received.
Latest Business News
Vocus shares plunge as guidance below expectations
Vocus Communications' first guidance for the combined business has come in below market expectations.
Banks' collective boycott of Apple Pay rejected in draft ruling
The competition watchdog has knocked back a request from three of the country's major banks to launch a collective boycott of Apple Pay, in what it says is a "finely balanced" draft decision.
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Banks, Apple in stoush over digital wallets
A draft decision from the ACCC denies several of the big banks from negotiating as a bloc with Apple for access to its NFC technology.
Qantas bales out of plan to grow US traffic
Qantas has baled out of an ambitious deal with American Airlines that would have increased trans-Pacific traffic for both carriers, after a US regulator blocked it on competition grounds.
Norfolk wants a fibre-to-the-island connection
Stuck with a 2G mobile network and slow internet speeds, a group of Norfolk Islanders are agitating to get the ultimate technology boost: fibre-to-the-island.
Public servants are 'right to feel aggrieved': ACCC boss
ACCC boss's admissions come as public service disputes spill over into submarine builder.
Fresh wave of strikes to hit Centrelink, Medicare
Union pledges four days of disruption in December.
8@eight: Markets in the waiting place
The ASX futures market is six points higher and today is looking for a flat open.
Stand by for a Reserve Bank rate hike, says OECD
The OECD believes the next move in Reserve Bank interest rates will be up, sometime before the end of 2017.
Black Friday threatens Cyber Monday's reign as top online spending day
Cyber Monday is again expected to be the biggest online shopping day of the year - but just barely.
Zinc climbs to 9-yr high as metals gain
The price of zinc rose 2.9pc overnight to its highest level since October 2007 as China's plans for new rail links boosted metal prices.
Tensions rise as OPEC gathers
OPEC is trying to rescue a deal to limit oil output as tensions rise among the producer group and Russia.
China turns to 'The Art of War' as Trump signals trade battle
There's a Chinese saying that stems from Sun Tzu's ancient text The Art of War: You can kill 1,000 enemies, but you would also lose 800 soldiers.
Andrew cancelled gym membership five times before direct debit stopped
The warning follows numerous complaints relating to misleading and deceptive conduct, unfair contract terms and unapproved charges.
Iron ore tops $US80 a tonne
The spot price for iron ore extended its stunning rebound, topping $US80 a tonne for the first time in more than two years.
Investors brace for oil selloff should Opec deal fail
"Hot money" is set to flow out of the energy sector if the Opec cartel fail to reach a production cap agreement.
ASX falls ahead of Opec meeting
The ASX fell almost 1 per cent as investors ignored climbing metals prices and instead sold energy stocks after oil dropped sharply.
The man who earned billions - from selfies
For a man who practically invented the selfie, Kevin Systrom is remarkably unflash. Unfiltered, even.
AMP Capital looks to grow mixed-use projects
AMP Capital is set to expand the mixed-use development pipeline across its $21 billion property platform.
Metcash says no news on Amazon
US retail giant Amazon has yet to contact Metcash about its mooted launch in Australia, as the wholesaler declares the past six months as the most competitive the country's $90 billion grocery sector has ever seen.
'They're robbing you already': backpackers lament new tax
British 28-year-old Chloe Pincho is pretty clear about the impact of backpackers paying more tax.
The ABC of free TV: Canberra's favourite shows of 2016 revealed
Sporting, cooking and renovating contests dominated free-to-air TV ratings in Canberra in 2016. But Aunty was the overall victor.
James Hardie confirms zero-dollar tax bill in Australia
It was the one little line in a corporate presentation from asbestos exile James Hardie that revealed a lot.
Time to break the banking 'lazy tax'
For all the criticism heaped on banks, most customers are notoriously reluctant to vote with their feet, and the industry knows this all too well.
Thrifty slugs man with late fee after West Gate traffic chaos
A Melbourne man claims Thrifty slapped him with a late fee after he became stuck in Monday morning's traffic chaos while attempting to return a hired van.
ASIC bans former Westpac financial planner
A former Westpac financial planner has been banned from providing financial advice for eight years after an investigation found he gave clients inappropriate advice, costing the bank $1.1 million.
Why no consumer will be paying 884pc interest any more
New laws will be introduced to stop dodgy companies ripping off the poorest Australians.
From birdseed loaf to a pulled pork rort, site swaps cheap, cheap tips
For 10 years, the OzBargain site has been drawing the value-conscious together to share deals and money-saving ideas.
Alarm bells on a credit card Christmas
You won't believe how much you are spending on presents this year.
Small Business
Qld plans new payment system for 'subbies'
Queensland is about to introduce a new state payment scheme for subcontractors.
How I got my food onto an in-flight menu
Whether it's persistence or luck, it takes something extra to land these deals.