Business

Business

  1. Commonwealth Bank posts record $4.9b first-half profit

    Australia's biggest lender, Commonwealth Bank, unveils a record first-half profit of $4.9 billion, up 6 per cent on the previous record.

  2. Jump in commodity prices may not save Australia's credit rating

    Treasurer Scott Morrison is trying to save Australia's prized AAA credit rating, burdened by a $37 billion budget deficit, but one ratings agency is likely to deliver on its threat to cut our credit rating, writes Andrew Robertson.

  3. Toshiba's future uncertain after earnings report delayed, chairman steps down

    Toshiba may have reached the end of the road, with the Japanese company delaying a release of its earnings report amid a huge one-off loss.

  4. Renewables the solution to rising power prices: Energy Australia

    One of the country's largest operators of coal-fired power stations warns big bills are on the way after recent extreme weather and says renewables are the key to driving down prices.

  5. Bankwest cuts negative gearing benefits from home loan assessments

    Bankwest confirms that property investors are no longer able to include the tax benefits of negative gearing when applying for a home loan from the institution.

  6. Banks tempt businesses to lure default super funds

    Australia's major banks are sharpening up incentives to business to win a greater slice of lucrative default superannuation schemes, according to research out today.

  7. Industry groups demand bipartisan energy policy

    A diverse alliance of industry, community and environmental groups is calling for a new bipartisan approach to energy policy.

Features

  1. The truth on energy

    Sadly, much of the debate about our future power generation has become mired in political point-scoring and simplistic arguments designed to inflame and outrage; where ignorance dominates academic research.

  2. More affordable homes

    It's easy to see why young Australians might feel like they'll never catch up to rising house prices. But there are ideas out there for dealing with this problem.

  3. Turnbull's turnaround

    Malcolm Turnbull has made a stunning turnaround from urging zero-emissions energy to spruiking "clean coal" — seemingly in the face of climate science, Stephen Long writes.

  4. Pink collar jobs

    Some economists and employment experts are warning against mythologising industries such as car making in favour of promoting growing sectors that are facing looming skills shortages, such as health and aged care.

  5. Impact of financial stress

    More than two million Australians are living under severe financial stress, and it's taking a toll on their health.

  6. Millennials and the future

    A lack of full-time job prospects and an increasingly tense world has left a generation of Australia's young people feeling bleak about their future, writes Carrington Clarke.

ASX Quotes

Table showing ASX index quotes for today (as of Wed Feb 15 2017 10:09:30 GMT+1100 (AEDT))
Index Opening Closing Change
5810.90 5839.20 0.5%
5755.20 5785.20 0.5%
2089.60 2091.30 0.1%
9229.10 9268.50 0.4%
6541.80 6617.90 1.2%
21305.90 21035.40 -1.3%
806.00 819.40 1.7%
10369.10 10439.40 0.7%
5170.60 5192.20 0.4%
9091.50 9041.80 -0.5%
1811.30 1813.40 0.1%
8409.70 8405.60
2405.30 2415.90 0.4%

Last updated

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ABC Business Columnists

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    Political point scoring outweighs expert opinion on power generation.

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    Australia's young people are rightly bleak about their economic future.

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AEDT = Australian Eastern Daylight Savings Time which is 11 hours ahead of UTC (Greenwich Mean Time)

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