Sunday, holiday penalties to be cut
The Fair Work Commission has cut penalty rates for Sundays and public holidays in retail and hospitality, saying they are no longer "fair and relevant".
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Ahmed Fahour expected to quit Post
Australia Post chief executive Ahmed Fahour is expected to quit his $5.6 million job later today, government sources said.
CEO at Ramsay has a hard act to follow
Ramsay CEO Chris Rex is leaving the group on a high but that is no reason for shareholders to be complacent.
Capex investment strike grinds on
Spending by companies on new buildings, equipment and machinery fell for a fourth straight quarter, extending a four-year investment strike.
Markets: Dollar slips on weak capex
Business investment numbers disappoint again, pressuring the Aussie, while shares take a leg down as investors take profits in the big miners.
Brokers offered $10,000 holiday to sell property
Commission payments of up to 15 per cent, free tickets and luxury holidays are on offer to mortgage brokers and financial advisers.
Results: Atlas Iron returns to profit
Welcome to The AFR reporting season blog for the first half. ■ Ardent ■ McGrath Real Estate ■ IOF
Crown hit by VIP plunge, cuts dividend
Crown Resorts said its 'normalised' net profit fell 9.1 per cent to $191.3 million, dragged lower by a drop in Australian VIP revenue.
Post exec filed health complaint
The head of safety at Australia Post made a formal complaint against her own company.
Perpetual lifted by rising equity markets
Perpetual has delivered a 2pc increase in first-half net profit but has not been able to snap its streak of underperformance.
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- 1. Australia Post chief Ahmed Fahour expected to quit
- 2. Crown Resorts, Qantas, McGrath, Flight Centre, Results Wrap February 23
- 3. Fair Work Commission slashes Sunday penalty rates, public holiday rates
- 4. Markets Live: Aussie dollar slips on weak capex
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