Buffett praises immigrants, lashes 'monkey' money managers
In an entertaining annual letter the legendary investor lets fly and high fee gouging money managers.
In an entertaining annual letter the legendary investor lets fly and high fee gouging money managers.
The chief executive of Mercer, one of Australia's biggest super fund administrators, has urged small funds to merge with bigger funds or risk folding in the next 12 months.
Sixty radioactive cow carcasses are buried beneath land in Werribee that the Andrews government is trying to sell to a Chinese consortium keen to build a $20-billion dollar education precinct.
Gerard Fogarty knew early on that school wasn't his forte, but it took him quite a while to realise that the Australian Defence Force was.
Single mother Sharon Eurlings has worked Sunday shifts for more than 20 years to help pay the bills and get care for her children.
A woman posing as a security guard has been charged with shoplifting from a Camilla warehouse sale.
Clive Palmer's nephew has been on luxury cruises, visited famous US cities and started a European tour with his new girlfriend, but he has been ordered to end his travels with an economy flight home to face court.
It's not surprising international traders have arrived to bet on stocks headed for a fall, with one predicting Westpac's share price could halve.
* Goldman weighs on Dow after analyst downgrade
Drone footage showing hundreds of dead sharks fished by Chinese company Pingtan Marine Enterprise off the coast of East Timor is the latest example of a modern war on the high seas that is fast intruding into Australia's neighbourhood.
In 2013, Anthony Levandowski was the star of Google's self-driving car project. The tall, swaggering engineer was featured in a long New Yorker story about the search engine willing the impossible technology into reality.
Wildlife prices are tumbling in South Africa, as game breeders are squeezed by restrictions imposed on trophy hunting following the killing of Cecil the lion in 2015.
The downturn in the dairy industry has taken its toll on the country's largest milk processor, Murray Goulburn Co-Operative.
Double-time has run out for the traditional day of rest.
It doesn't take long to appreciate that Magdi Batato has one of the biggest private sector jobs in the world.
President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analysing Beijing's foreign exchange practices.
Australia's peak body for the painting industry has expressed concerns for tradespeople who have been issued qualifications to handle toxic materials without the requisite training.
"I didn't even realise that was such a problem for these young girls."
Reserve Bank governor Philip Lowe has no plans to cut interest rates, and worries that he did he would make an already indebted nation "more fragile".
Australia's economy is held back because wages are too low, not too high.
The Australian sharemarket finished the week lower, despite a positive week of earnings season largely welcomed by investors.
Ask a senior banker about the big financial risks that keep them up at night, and climate change probably won't be one of them.
It's the event in November that stops the nation - literally. Not that horse race, but China's leadership struggle ahead of November's national congress
Australia's biggest retailers are expected to seize on the landmark cut to Sunday penalty rates to push forward new wage deals covering hundreds of thousands of workers.
Australians now have some comfort they will at least be notified if there's a massive leak of online personal data and many companies are expected to ramp up cyber security after federal parliament passed mandatory breach reporting laws.
Fast food giant Domino's Pizza is being probed by the consumer regulator after it was caught out in potentially in breach of laws designed to protect its own store owners.
Industry heads cite global factors for surge; see the currency reaching $US2000 by the end of the year.
The utter gall of NIB in boasting about ripping off the public makes the banks look nice.
Troubled infant formula milk group Bellamy's Australia has signalled it will take 18 months to turn the group around, reporting a slide in profit for the December half.
Landlords have been hit by steep land tax increases from soaring property values, in some cases more than doubling tax bills and making investments uneconomic.
Forget Shark Tank, here's Dolphin Tank.
Society attitudes towards new venture creation need to change.
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