Sirtex hit by class action on sales forecast downgrade

Cancer treatment company Sirtex has become the latest target of a class action law suit, the third within a week.

Resource spending downturn yet to bottom

The collapse in resource sector investment has yet to run its course, with the looming completion of as much as $100 million of spending on gas export projects to slash the level of engineering construction to the lowest level since 2009, a report by Deloitte Access Economics has found.

Oz Minerals hit by downgrade after share price surge

A resurgent share price has prompted analyst downgrades for Oz Minerals, as the miner is finalising development plans for a new project and amid optimism over its exploration profile.

Full control of Warrnambool Cheese and Butter headed offshore

Canada's Saputo has placed a cash offer on the table for the remaining shareholders of Warrnambool Cheese and Butter - offering less than it paid when it snared control of the company three years ago.

Dividend hike, buyback in sight on Rio Tinto asset sales

A dividend hike and a possible share buyback on the cards when global miner Rio Tinto releases its earnings early next month, after finalising deals to raise as much as $US3.8 billion from asset sales in recent months.

Yancoal snaps up Rio Tinto's NSW coal mines for $US2.5 billion

An arm of the Chinese government has snapped up Rio Tinto coal mines in NSW for $US2.5 billion

Energy retailer fined after targeting elderly

Residents of a nursing home and a retirement village were among consumers switched by energy retailer Simply Energy to new supply contracts without obtaining their consent, resulting in a stiff fine.

Is Bega biting off more than it can chew with Vegemite deal?

• COMMENT

Vegemite has long been a lightning rod for economic nationalists who have railed long and hard about how so much of our iconic brands are owned offshore.

Dick Smith cheers Vegemite sale, but won't stop making OzEmite

A deal that has returned Vegemite to Australian hands has delighted the most vocal critic of the yeast spread's foreign ownership, Dick Smith, so much that he has pumped $250,000 into iconic product's new owner, Bega Cheese.