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Four people were killed in an accident at the theme park in October.

Dreamworld drags Ardent to $50m loss

​Ardent Leisure has slipped to a near $50 million loss and written down the value of its Dreamworld operations by more than $90 million after a massive slump in visitor numbers following last year's fatal accident.

RBA governor Phil Lowe is unhappy with the prospect of continued low wages growth.

It's what they wanted, but it hurts

Low wage growth is what the Coalition wanted. Within weeks of being sworn in as employment minister in 2013 Eric Abetz warned "weak-kneed employers" not to cave in to unreasonable demands.

Where's all the informative news gone?

Fairfax confirms Domain spin-off as profits rise

The results come as Fairfax prepares to separate its real estate classified site Domain and list it separately on the stock exchange. Fairfax is expected to keep a controlling stake - up to 70 per cent - which would ensure it captures the profits if earnings continue to increase at the same pace.

Boris Trajkov has been charged with cultivating a commercial quantity of cannabis.

Pot stocks rocket higher

Medicinal marijuana stocks soared after the Federal Government pledged to loosen importation laws in a bid to boost supply for patients.

The number of jobs rose by 13,500 in the month, but that was entirely due to growth in part time work, with full-time ...

RBA's hands tied as wage growth hits new record low

Private-sector wage growth has slid to record low of just 1.8 per cent, throwing into doubt budget projections and confounding the Reserve Bank, which would prefer not to have to cut interest rates again and run the risk of reigniting house prices.

Stockland townhouses at Willowdale, Sydney.

Retail rout isn't stifling Stockland

Stockland, one of the country's largest home developers, said the strong residential markets along the eastern seaboard, stable retail sales from its tenants and higher office rents going forward, will underpin its growth in the full year.

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