$US tumbles to five-week lows

• 21 mins ago

The Aussie has surged above US75¢, extending its advance so far this year to more than 4 per cent on the greenback's woes.

Tigerair gets four-day reprieve to get stranded passengers out of Bali

​Indonesian authorities say they grounded Tigerair Australia because the budget airline was selling tickets on flights using aircraft owned and piloted by its parent company Virgin Australia, in breach of the rules of its licence.

Bleeding at Bellamy's not done yet say analysts

Its shares have slumped by a third in just two days, but that isn't enough to whet the appetite of some analysts, who reckon the shares should decline another 20 per cent or so to bring them back to 'fair value'.

Primary boss faces drawn out court process of up to 18 months

Primary Healthcare and its criminally charged chief executive Peter Gregg face a long and drawn out court process that could take 18 months, according to legal experts. 

Virtual credit cards get step closer

ANZ Bank is moving a step closer towards "virtual" credit and debit cards, through new changes to automatically upload replacement cards for those that are lost onto customers' smart phones.

Low SME premiums sting big insurers

Record low insurance premiums for small businesses, particularly tradies, are creating a drag on earnings for big insurers

BHP wage showdown in Chile

A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.

Biopharma needs to stop getting blindsided by Trump

• COMMENT

Pharma investors and companies need to stop assuming Republicans can rein Donald Trump in and prepare for the policy fight they thought they'd mostly be able to avoid for at least four years.

ASX slips on healthcare stocks

Healthcare stocks dragged the ASX to its second loss of the year after an address by Donald Trump fuelled investor uncertainty.

Tiling for tips: Bank exec jailed for inside info to plumber mate

A former Barclays director has been sentenced to five months in jail for passing merger tips to a plumber friend and getting cash and free tiling in return.

'Vicious cycle': the biggest global risks over the next decade

Rising income inequality is the most important underlying trend determining global events, according to the WEF's annual assessment of global risks. For business, the biggest risk is the potential for cyber attacks.

Markets Live: CSL leads ASX to second loss in 2017

• Live

Losses in healthcare stocks and the supermarket giants offset gains in energy and miners, pulling the ASX down for just the second time in 2017.

Get set for a cracker Australia Day

Industry group has dropped all references to Australia Day amid growing calls to change its date.

AGL fined $124,000 for breaching political donations laws

Energy giant AGL has been fined $124,000 in the NSW Land and Environment Court for failing to disclose political donations when making planning applications in the state.

Uber exec: autonomous cars will smooth out surge pricing

Uber Vice President of Global Vehicle Programs Sherif Marakby talks about autonomous cars and the company's future at the North American International Auto Show in Detroit.

'Getting away with murder': Trump targets drug companies

US President-elect Donald Trump said pharmaceutical companies were "getting away with murder" in what they charged the government for medicines, and promised that would change, sending drugs stocks sharply lower on Wednesday.

Business chiefs more cautious in 2017

Fresh from a year that delivered major political shocks and proved tougher than expected, Australian business leaders are taking a cautious approach to 2017.

Why most economists are so worried about Trump

• COMMENT

It's the double whammy that worries economists, that Trump's populist pose assigns less value to economic expertise, while also creating the conditions under which it's most likely to be needed.

Australia Day lamb ad drops Australia Day

Industry group has dropped all references to Australia Day amid growing calls to change its date.

'Too risky': $200m wiped off Bellamy's shares in two days

Shares in troubled Bellamy's have lost further ground on broker downgrades after the baby formula supplier on Wednesday confirmed chief executive Laura McBain would leave the company and warned of lower annual earnings.

Mining's next boom isn't as high tech as you might think

• COMMENT

Here's something to give a fresh shot in the arm to copper, the second-best-performing base metal over the past three months: the prospect of strike action at its biggest pit.

Celebrate Australia with a Lamb BBQ

The 2017 Australia Day lamb advertisement with no mention of Australia Day.

Iron ore retakes $US80 mark

Iron ore and steel futures in China advanced for a third session on Wednesday, hitting their strongest in three weeks

Markets 'disappointed': Trump speech sends $A soaring

The Australian dollar surged around one US cent amid renewed uncertainty about Donald Trump's policies following his first press conference as US President-elect.

VW pleads guilty, to pay $5.8 billion

Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $US4.3 billion ($5.8 billion) in criminal and civil charges as the US announced charges against five new individuals.

8@eight: Trump reality check for markets

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Obama having given his farewell speech, the rhetoric of Donald Trump via twitter and news outlets now becomes very real.

Trump won't sell business assets

Donald Trump plans to transfer all his business assets into a trust and putting his two sons in charge, a Trump lawyer said.

NZ extends sway over Aussie dairy industry with Bellamy's deal

New Zealand dairy giant Fonterra is in the box seat to control the future of infant milk products group Bellamy's with an effective ''poison pill'' arrangement.

ASX is momentum driven market

The new year has greeted Australian stocks with a bull market but 2016 wasn't an easy ride.