Morgan Stanley bearish on iron ore

Base metals win out over bulks as Morgan Stanley's top picks for next year on bets of rising demand from the US and China.

Goldman reverses course on copper

• Opinion

Goldman has turned from bearish to 'more' bullish as copper has defied its expectations.

Shanghai rebar near three-year high

Chinese rebar futures rose 2 per cent on Tuesday to trade near a 32-month high, sustaining recent strong gains.

Surgeons use 'sticky tape' to fix surgical instruments

• EXCLUSIVE

Senior surgeons say they are using "sticky tape" to fix surgical instruments during operations because of shortages of staff.

Comms Minister Mitch Fifield knows his NBN beans

He's one canny operator is our Communications Minister, Mitch Fifield, whose patch includes our tin pot NBN Network.

Dick Smith, Masters, Pumpkin Patch: a rough year for retail

Woolworths has found new jobs for more than 1500 of its former Masters workers in Australia's biggest supermarket chain.

Wiped out: Riches to rags tale of ex-Billabong CEO

The then-wife of Billabong boss Matthew Perrin thought he was going to admit he had been unfaithful again when he confessed, "I've done a lot of bad things".

Victorian gold mine closes with up to 150 jobs lost

Up to 150 jobs will be made redundant at Victoria's largest gold mine where underground mining is ceasing due to declining profitability.

'Victims of our own success': NSW's $11b GST hole

By 2019-20, residents in NSW will pay $23.7 billion in GST and get back just $17.8 billion.

Aside from the culture, environment and cost, is Adani a good investment?

• COMMENT

The Australian public is the sole investor in Adani's coal export plans. We need to understand the true numbers.

Why NSW is losing billions

• ANALYSIS

There's a big downside to NSW's economic success.

Temple & Webster swallows Milan Direct

Temple & Webster is merging the Milan Direct collection into its own online store and shutting down the Melbourne office of the high profile brand.

TPG earnings and FTTB rollout to be curtailed by new NBN levy

TPG Telecom's earnings per share and profit margin will be shaved down if the government goes ahead with a levy on high speed broadband networks. 

Union in landmark legal action over farm wages

One of Australia’s largest vegetable growers has been hit with a landmark legal claim aimed at recovering more than $500,000 in back pay for exploited international workers.

Cleaner forced way into homes and started cleaning carpets

A 73-year-old recidivist aggressive carpet cleaner is set to pay $10,000 in court costs and double what he charged his "customers" after repeatedly forcing his services on the elderly.

ASX see-saws ahead of Fed meeting

Shares swung into the red on Tuesday as investors stuck to the sidelines ahead of a key Fed Reserve meeting this week.

Qantas to fly Dreamliner 787s direct from Melbourne to Los Angeles

Qantas' first Dreamliner 787 route will be a direct flight between Melbourne and Los Angeles, commencing in December 2017.

Markets Live: ASX see-saws

Shares fall then bounce only to drop again as selling in miners and banks intensifies, while bond proxies enjoy some relief and CSL shines.

Active management set to shine in 2017

Global fund managers expect a sharp increase in market volatility next year amid growing geopolitical uncertainty and a marked shift in fiscal policy, a survey has found.

Qantas mulls second crack at American Airlines deal

Qantas says it hasn't abandoned its dream of a lucrative tie-up with American Airlines.

Brookfield Prime Property and ALE Property take out BDO AREIT honours

Office towers, pubs, agriculture and healthcare investments took out line honours in the 22nd BDO Australian real estate investment trust survey.

Business conditions lowest in 19 months

Business conditions have fallen to their lowest level in 19 months and consumer confidence has plunged.

DEXUS upgrades property assets by $341m

The strength of bricks and mortar assets is forecast to remain strong as investors seek out less volatile sectors, according to the latest  Australian Property Institute's (API's) Property Directions Survey.

Commodity rally sets up a mining cash splash

This year's stunning resurgence in commodity prices has Australian resource companies well placed to at least double their shareholder payouts, experts say.

Private investors, syndicates pounce on small office buildings

The headquarters of Wesfarmers-owned Bunnings Warehouse has sold for $24.7 million as wealthy investors and syndicates move on mid-range assets before the end of the year.

Global oil pact sends prices soaring

Oil prices have shot up by 4 per cent after OPEC and other producers reached their first deal since 2001 to jointly reduce output.

Retail property in hot demand

Retail property is one of the hottest sectors in demand from investors as they seek put higher yielding assets that are benefiting from an improvement in consumer sentiment.

Warren Buffett may be kicking himself

• COMMENT

If only the billionaire investor had taken his own advice on how to capitalise on the US housing collapse.

Property sells for lucky number: $4,888,888

Lucky numbers sell. Seven bidders – including five Chinese parties – vied for a 3000 sq m development landholding at 15-17 Herlihys Road before the hammer fell at $4,888,888.