- Video duration
- 00:56
Jobs boost behind US rate rise
Job growth, declining unemployment rates and inflation moving closer to 2 per cent, have been key drivers for the US Federal Reserve raising interest rates by a quarter point.
Latest Business News
Markets Live: Hawkish Fed slugs Aussie
The Aussie dollar and US stocks drop after the US central bank hikes rates and flags three increases in 2017.
Goldman elevates two potential CEOs
Goldman Sachs named David Solomon and Harvey Schwartz presidents and co-chief operating officers as Gary Cohn heads to Washington. .
Highlights from Janet Yellen's news conference
The following are highlights from Federal Reserve chair Janet Yellen's press conference.
Aussie drops v greenback on policy gap
The Aussie has at least initially taken a hit in the wake of the Fed's forecast for three potential rate hikes in 2017.
- Video duration
- 02:15
Federal Reserve's interest rate hike affects everyone
In a move that will have global impacts, including the Australian economy, the Federal Reserve has raised its interest rate.
Our copyright laws are holding us back, and there's a way out
Imagine a land in which everything was outlawed, except for the things that were specifically allowed. Things would more-or-less work, until you tried something new.
- Video duration
- 03:20
The Fed Explained
Inside the US Federal Reserve's decision to raise interest rates.
Fed raises interest rates for only second time since GFC
The US Federal Reserve raised interest rates by a quarter point and signalled a faster pace of increases in 2017.
Fed lifts, sees three increases in 2017
The US Federal Reserve raised interest rates by a quarter point and signalled a faster pace of increases in 2017.
Iron ore falls from multi-year highs
Iron ore retreated, shedding more than 5 per cent back below the $US80 a tonne mark, as volatility persists.
'I am sorry this is not a better outcome for all of us': ATO votes no
ATO pay negotiation stalemate set to drag on into 2017.
Consumer confidence down, Morrison cautions against alarm
Consumer confidence has dived to its lowest level since April in a "jolt to stability and confidence", plunging into doubt retailers forecasts ten days before Christmas.
Toll fined record $1m over worker's death
Shipping giant Toll has been convicted and fined a record $1 million for safety failures after a father-of-three was crushed and killed on Melbourne's wharves.
COAG agrees to tackle power bill price gouging, but not on how
State and federal energy ministers have agreed to steps promised to stop companies price gouging on electricity bills, but been blocked from going further by the NSW and Queensland governments.
Attempts to scupper $6.3b Tatts takeover bid vintage Macquarie
The move take a position and get a slice of the spoils in the carve-up of the Tatts Group is vintage Macquarie Group.
Lotto dreamers get a lesson from millionaires' factory
Some of the most rapacious names in investment banking and private equity are lining up to buy a multi-billion-dollar lotto ticket.
China's flood of cheap airfares deals blow to global carriers
Killing four empty hours at Guangzhou airport waiting for a China Southern connection to Sydney may not be everyone's idea of fun. For Gina Capella, it was a no-brainer.
Ruble rises but it's not due to Trump
The Russian ruble has emerged as a surprise winner following Donald Trump's victory in the US presidential election – but analysts attribute the gains to the oil price rally.
Billabong boss losing home 'worse than having an affair': ex-wife
The ex-wife of Billabong boss Matthew Perrin accused him of taking their $15 million family home away from her and their three children.
ANZ appoints 'fairness officer' ahead of ASIC crackdown
ANZ Bank has hired outgoing Commonwealth Ombudsman Colin Neave to spearhead a company-funded review into bank and financial services products.
The Dow at 20,000: time to buy or sell?
The Dow Jones index is now within spitting distance of 20,000 points for the first time. But is this a bullish or bearish signal?
Walker Corp in $1b residential project
Walker Corporation and liquor group Kemenys have teamed up in a joint venture to develop $1 billion of mixed-use residential developments on three Kemenys-owned sites in Sydney.
Payless Shoes staff lose jobs as chain shuts down
More than 700 workers will be out of a job in the new year after Payless Shoes' administrator says the shoe chain is shutting up shop.
- Video duration
- 02:12
Bellamy's faces sour milk
In the wake of $500 million share drop, embattled baby formula company Bellamy's could now face a class action lawsuit from angry shareholders.
Markets Live: ASX nudges 2016 highs
An intoxicating mix of global optimism and local takeover fever is driving the ASX close to a 2016 high, as Macquarie bids for Tatts and Bellamy's suspends its shares.
ASX races towards 2016 highs
A flurry of local deals as well as global optimism ahead of the US Federal Reserve meeting saw broad-based buying across the ASX.
New office tower planned in $1b Darling Harbour revamp
The revamp of Darling Harbour will now include a new 44-storey office tower on the waterfront, at Darling Park towers.
Future of the $100 note up for grabs as government targets cash
The Turnbull government is to consider a ban on the $100 note and a crackdown on all but small cash payments as part of an assault on the cash economy to be unveiled in Monday's mid-year budget update.
Nathan Tinkler’s plan to escape bankruptcy
Christmas will come four days early for Nathan TInkler if his offer to settle a $553 million bankruptcy for $700,000 is accepted by creditors on December 21.
Small Business
Data pros bought a waste water plant to prove their point
"We put our own money on the line in an industry we had no idea about."
Aussie couple making a mint from exporting American goods
"So many of our friends were asking us to send things they couldn't get in Australia."