Business

Business

  1. Trump's pro-oil and gas bias risks hurting Australia: analysts

    President Donald Trump has sworn in a who's who of oil leaders, which analysts say give his administration a pro-petroleum bias that may hurt Australia.

  2. Penalty rates to be reduced for hospitality, retail workers

    Sunday and public holiday penalty rates will be reduced for full-time and part-time workers in the hospitality, retail and fast-food industries, the Fair Work Commission rules.

  3. Former treasury head Ken Henry attacks political system

    Former federal treasury head Ken Henry lashes out at the political and media dysfunction that he says has led to reform paralysis, saying over the last decade almost every major infrastructure project had turned into a fight.

  4. 'Disappointing' Australia lags global business investment bounce

    Australian business investment continues to decline, defying a nascent global recovery in corporate expansion plans and threatening the nation's economic growth.

  5. Australia Post boss Fahour resigns, despite profit rebound

    Australia Post's managing director Ahmed Fahour resigns, despite the business posting a large profit turnaround due to online shopping parcel deliveries.

  6. Power retailers pay $130m in penalties rather than meet RET requirements

    Electricity retailers ERM Power and Alinta Energy opt to pay more than $130 million in penalties, rather than meeting their renewable energy obligations, raising fresh questions about the Renewable Energy Target.

  7. Crown cuts dividend amid VIP gambling plunge

    Crown Resorts reports a fall in underlying revenue amid a slump in VIP gamblers at its Australian casinos.

  8. Qantas profit falls 25pc as competition heats up

    Qantas posts a 25 per cent profit slide, amid competitive pressures and ongoing redundancy payments as part of its "transformation program".

Features

  1. Wage cut could backfire

    Sunday workers are not only employees, they're also customers. So what effect do you think stripping thousands of dollars from their pay will have on already fragile consumer spending?

  2. RBA boss sets the agenda

    RBA governor Philip Lowe airs Australia's economic dirty laundry ahead of his expected grilling at the house committee for economics.

  3. Supermarket wars

    If your strategy is based on "down, down, down" like Coles, or "cheap, cheap, cheap" as in Woolworths, it becomes a race to the bottom.

  4. Penalty rates decision

    With the Fair Work Commission's long-awaited decision on weekend penalty rates, a fierce political fight is reignited between Labor and the Coalition.

  5. Fortescue's pay day

    The surge in iron ore prices has boosted the fortunes of Fortescue Metals, but the mining company remains captive to China's demand.

  6. Big dreams, tiny houses

    The Great Australian dream is shrinking, with lots as small as 80sqm going on sale in cities such as Perth.

ASX Quotes

Table showing ASX index quotes for today (as of Thu Feb 23 2017 16:10:30 GMT+1100 (AEDT))
Index Opening Closing Change
5850.10 5832.50 -0.3%
5805.10 5784.70 -0.4%
2067.20 2080.30 0.6%
9107.30 9048.00 -0.7%
6687.40 6696.60 0.1%
21906.80 21787.60 -0.5%
812.50 813.40 0.1%
10389.10 10190.60 -1.9%
5146.30 5168.90 0.4%
9364.90 9372.60 0.1%
1714.80 1701.90 -0.8%
8269.40 8101.10 -2%
2363.20 2362.60

Last updated

Historical data for

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Latest Video

  1. The Trump oil and gas revolution
  2. Peter Coleman speaks to The Business
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  4. Work in retail or hospitality? You may be facing a pay cut.
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  6. Business in 90 Seconds
  7. Business in 90 Seconds
  8. Australia Post CEO resigns despite profit rebound

Latest Audio

  1. Julalikari corporation under special administration after community criticism
  2. Essendon DFO crash brings back terrible memories for long-time residents
  3. Small business owners welcome penalty rates decision but workers disappointed
  4. Sunday penalty rate reduction triggers fresh political row
  5. Ex treasury boss warns political games are robbing Australia's economic future
  6. Ahmed Fahour an 'easy target' for outrage about excessive executive pay: corporate governance expert

ABC Business Columnists

  1. Michael Janda

    Cutting Sunday penalty rates might hit already fragile consumer spending.

  2. Sue Lannin

    Fortescue has ridden its luck well, but is still saddled to the Chinese dragon.

  3. Ian Verrender

    Despite the rhetoric, a painless path to affordable housing simply doesn't exist.

Business Programs

  1. The Finance Report

    with Alan Kohler

  2. The Business

    with Elysse Morgan

  3. ABC News Business in 90 Seconds

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

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