Business

Business

  1. RBA governor takes aim at negative gearing

    Australia could "take the heat out of the housing market" and make home prices more affordable by cutting negative gearing and capital gains tax concessions, the head of Australia's Reserve Bank admits.

  2. 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.

  3. Dairy giant Murray Goulburn posts big loss

    Dairy company Murray Goulburn has posted a $31.9 million loss in its half-year financial statement, as milk supplies fall more than 20 per cent.

  4. Wall Street: Falls among technology stocks offset surge in oil price

    Falls among technology stocks offset the impact of a surge in oil prices, resulting in a mixed finish on Wall Street.

  5. 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.

  6. Health insurers face legal action for consumer rip-offs

    Australia's consumer watchdog plans to take legal action against more private health insurers this year, saying many patients are being slugged with unexpected hefty bills after hospital visits.

  7. Claim Brandis involved in Bell Group matter earlier than he says

    Attorney-General George Brandis was personally involved in the Bell Group matter one month earlier than he says he was, it has been claimed.

  8. Private training giant Evocca set to close more campuses

    Evocca College is closing more of its remaining campuses in Queensland and Victoria and a further 60 staff have been made redundant, the ABC understands, in the latest sign of instability in the scandal-plagued private training sector.

Features

  1. Fast fashion kill

    With discount clothes and fast fashion, Australian shoppers have never had it so good. But it's sending local retailers to the wall, with the collapse of half a dozen brands this summer, and predictions of more to come.

  2. Amazon may come to Australia

    With many predicting Amazon will soon set up warehousing and distribution in Australia, what does that mean for consumers?

  3. Joining the frugal movement

    Is cutting out all unnecessary spending the key to fixing Australia's debt crisis?

  4. 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?

  5. 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.

  6. 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.

ASX Quotes

Table showing ASX index quotes for today (as of Fri Feb 24 2017 16:11:00 GMT+1100 (AEDT))
Index Opening Closing Change
5832.50 5786.90 -0.8%
5784.70 5739.00 -0.8%
2080.30 2066.10 -0.7%
9048.00 8994.60 -0.6%
6696.60 6665.30 -0.5%
21787.60 21489.00 -1.4%
813.40 804.80 -1.1%
10190.60 9977.80 -2.1%
5168.90 5135.90 -0.6%
9372.60 9349.70 -0.2%
1701.90 1697.60 -0.3%
8101.10 8100.60
2362.60 2353.50 -0.4%

Last updated

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Latest Audio

  1. Report shows illegal phoenixing practice remains largely undetected by regulators
  2. Reserve Bank governor weighs into tax reform debate and housing affordability
  3. Capital gains, negative gearing changes could cool housing suggests RBA governor
  4. Concerns female workers will be particularly hard hit by Fair Work decision on penalty rates
  5. Ahmed Fahour maintains pay not a factor in decision to quit Australia Post
  6. Julalikari corporation under special administration after community criticism

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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