Westpac follows NAB in raising home loan rates
Westpac has followed National Australia Bank's lead and hiked home loan interest rates for both owner occupiers and property investor.
Latest Business News
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Making a killing on Trump
With many industries talking about a 'Trump Slump', one industry is making a killing because of the US President.
Consumer confidence in housing at lowest level in 40 years
Consumer confidence in the Australian housing market has collapsed to its lowest level in 27 years, with the proportion of Australians believing real estate was the wisest place to put savings falling to below 12 per cent, the lowest level since 1974.
Markets Live: ASX tops 5800 in big week for miners
Shares edge higher as investor mood remains upbeat following this week's Fed decision, which has helped buoy mining stocks, while weighing on banks and health-care.
Society restaurant building sells for $8m
The Bourke Street home of Society restaurant, in its heyday one of Melbourne's best eateries, has sold for $8.07 million.
Households abandoning the grid have 'lost faith'
The federal government has been warned that the rise in household spending on solar systems is clear evidence they "have lost faith" in their energy suppliers, as they move to get greater control over the cost of their electricty bill.
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The PM from Snowy River
There was movement in the nation, for the word had passed around... Michael Pascoe's take on the national energy debate.
Turned down for a job? You are one rejection closer to success
In the end, winners are just people who keep trying. Here are seven steps to pick yourself up, dust yourself off, and start all over again.
NAB sailing the RBA winds to profit
If the Reserve Bank and National Australia Bank were competitors, the consumer watchdog could have a case against them for price signalling.
'We can't hold their hand': ASIC vows to name and shame banks
Banks will be publicly named and shamed if they continue to fail to do basic background checks on their financial advisers.
Regional supermarket yields sharpen
Retail assets in Victoria have continued to strengthen with an IGA supermarket in Stawell changing hands for $5.11 million.
Seesaw mining stocks see the light
Australia's miners have reversed a period of dramatic sharemarket underperformance, pulling strongly ahead.
Amber Harrison hits Seven West Media with Fair Work claim
The former lover of Seven West Media boss Tim Worner has made good on her threat to sue the company.
Unions, Labor split over ACTU 'law-breaking' call
The labour movement has split in the wake of controversial comments from the ACTU's newly minted secretary Sally McManus defending law-breaking industrial behaviour that has sparked a furious government attack on the Opposition.
Slater and Gordon expected to avoid collapse
Financially distressed listed law firm Slater and Gordon is expected to avoid collapse after confirming that its new senior lenders are supportive of a restructure of the company.
Would you wear this jumper for 30 years? Rag trader says yes
Call it the anti fast-fashion label. Twenty-six-year-old Tom Cridland has gained an outsized profile for his fashion label thanks to actors Leonardo DiCaprio and Daniel Craig, and savvy self-promotion.
A missing Oxford comma could cost company millions
The dreaded - or totally necessary - Oxford comma is perhaps the most polarising of punctuation marks.
Americans spent millions making Trump protest signs
Donald Trump's election victory has been an unexpected boon to office supply retailers as sales of poster boards, markers and other sign-making supplies have jumped.
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Bank cops a bashing
The National Australia Bank's decision to increase home loan rates has earned the wrath of Federal politicians. Courtesy Channel 7, Channel 9.
Fed puts global easing on ropes
The US central bank's return to higher interest rates has changed the conversation at many of the world's central banks.
8@eight: Money is getting tighter
The Australian market looks set to open slightly lower after Wall Street investors appeared unnerved after a re-interpretation of the Federal Reserve's policy statement following its interest rate lift.
ING steps up investor housing loans as big four pull back
The Dutch banking giant's Australian arm expects to increase lending to housing investors this year, allowing it to gain market share as the big four banks pull back for fear of breaching regulatory caps.
Euro strategy shift nears
Bond investor Michael Hasenstab says he's betting against the euro as a "hedge against populism". Is that still smart?
US dollar recoups early losses
The greenback pared its loss after Steven Mnuchin repeated his support for the long-term strengthening of the US dollar.
Credit Suisse, UBS say buy stocks
Credit Suisse Group and UBS Group have a message for their wealthy clients: it's not too late to buy equities.
Trump win wounds gun sales, shares
Shares of Sturm Ruger, American Outdoor Brands and Vista Outdoor are down by between 17 and 47 per cent since the US election.
Macquarie to buy Cargill unit
Macquarie Group agreed to buy Cargill's petroleum business, the latest reshuffling of the commodities trader's business.
Murdoch's bid to takeover Sky UK formally referred to regulator
Rupert Murdoch's $18.7 billion bid to takeover Sky News in the UK has been referred to the media regulator with the tory government citing concerns about "broadcasting standards" and "media plurality."
Pound rises on rate outlook
The pound appreciated against all of its major peers after the Bank of England's Kristin Forbes voted for a rate increase.
China iron ore extends rally
Iron ore advanced 2.3 per cent on the Dalian Commodity Exchange as Shanghai steel rebar futures ended near a three-year high.
Small Business
The fastest growing franchise you've never heard of
This Aussie franchise is growing more quickly than McDonald's and is booming overseas.
Workplace skills fading faster than ever
Companies must create a culture of continuous learning in the new machine age.