- Video duration
- 01:55
MYEFO's key message largely missed
Growth is substandard and the government's only response seems to be the idea that promising tax cuts will magically fix everything. Michael Pascoe comments.
Latest Business News
Price of convenience: the gift for which you're paying double
What is the price of convenience for some Christmas hampers this season?
Matt Moran, Bruce Solomon snap up Clovelly Hotel
Hospitality giants Matt Moran and Bruce Solomon's joint venture group, Solotel, has expanded its footprint across town with the purchase of the prized hotel in Sydney's eastern suburbs.
Markets Live: Banking on Santa
The sharemarket extends its year-end rally, setting a new high for 2016 as the banks continue to find buyers, offsetting losses in resources stocks.
State government charged over Ravenhall prison riot
Victoria's corrections department has been charged with criminal safety failures over the violent mass riot that rocked the maximum-security Ravenhall prison last year.
15 things successful people do over holiday breaks
The holidays are almost here, which means you might be looking forward to some time off from work.
Billionaire investor to advise Trump on Wall Street regulation
Billionaire Carl Icahn, who bet $US1 billion on a Trump rally hours after his election victory, will advise the President-elect on rescinding "excessive regulation".
'The tip of the iceberg': Portable ethanol burners banned in the ACT
The sale of portable ethanol burners has been temporarily banned in the ACT, pending a probe into their safety by the Australian consumer watchdog.
NAB's internet and phone banking crash before Christmas
National Australia Bank has been flooded with customer complaints after its internet and phone banking crashed two days before Christmas.
- Video duration
- 02:34
Why Rio Tinto wants to expand in diamonds
Bloomberg's David Stringer discusses Rio Tinto Group's plans to expand in diamond mines.
Caltex dives into Kiwi market
Caltex has made its second large acquisition in a matter of months - and its first move into New Zealand - all but confirming it is out of the running to acquire Woolworths service stations.
- Video duration
- 01:25
Wall Street loses ground after Trump rally
US stocks fall with healthcare and real estate shares losing ground a day after the Nasdaq and Dow hit record highs.
Seven board launches independent investigation into sex scandal
The board of Seven West Media will commission a second independent investigation into former employee Amber Harrison, who alleges she was mistreated by the company in the wake of a sexual relationship with its chief executive Tim Worner.
Lacing dog treats with cannabis is big business
Even for a puppy, Kat Donatello's black lab, Austin, was hyperactive. But a special biscuit "took the edge off of him".
'Tis the season to complain about superannuation
Despite the occasional talk, politicians aren't prepared to do what's necessary to fix the problem of employers not paying superannuation.
Blockchain patent surge red flag
In the headlong rush to revolutionise modern finance, blockchain enthusiasts are overlooking one potentially costly problem.
8@eight: ASX to open on a high as markets wind down
The local share market should open flat as the ASX winds down for Christmas, with little trading yesterday and probably even less today.
Ultra-long debt window closing
The opportunity for euro zone governments to borrow for half a century or more at record low rates may be ending.
A-G's public servants vote yes, Lloyd claims a year of triumph
When viewed a certain way, most public servants have voted yes, says Public Service Commission
Oil supplies to shrink faster in 2H
Oil traders are betting that storage tanks are expected to remain fairly full throughout the first six months of 2017.
Iron ore slips amid heavy smog
Chinese steel futures edged higher but gains were tepid as mills were ordered to cut output amid a blanket of heavy smog.
Alarm in Britain over Macquarie Bank's proposed takeover of UK's Green Investment Bank
Why Australian investment bank Macquarie has British MPs alarmed.
China is all that for metals
From a year of political upheaval the metals markets can draw one all-important lesson. It's still all about China.
Riksbank board splits on policy
Sweden's Riksbank extended its bond-buying programme but enthusiasm for its ultra-easy monetary policy is fading.
Coal traders see rally's end
Coal's recovery was one of the biggest surprises in commodities this year, but it's all poised to end.
Mining giants turn to trading to boost profits
Every little helps as miners seek to boost profitabilty.
Paid domestic violence leave would have 'modest' impact on the economy
Paid domestic violence leave would fail to disrupt the economy at a cost of $80 million to $120 million per year if extended nationally to the entire workforce, new analysis has found.
Product ban: 'A fireball hit me and set me on fire'
If you're using a decorative alcohol-fuelled burner to live up the atmosphere this Christmas, throw it out or return it for a refund.
Santa rally lifts ASX to 2016 high
The sharemarket extended its year-end rally to hit a fresh 2016 high, as investors continued to buy up equities and rotate away from bonds.
Tinkler bid to escape bankruptcy fails first hurdle
Nathan Tinkler's audacious bid to escape bankruptcy has fallen at the first hurdle after he failed to post the $1 million he proposed to settle debts of more than $550 million before a creditors' meeting on Wednesday.
Small Business
You don't want to think about 2017 yet but you should
Smart businesses plan for the New Year productivity challenge
15-year-old baker sets up donut cafe despite looming exams
A Melbourne teen pastry entrepreneur has a hospitality empire in his sights.