Banks drag ASX to narrow loss
The sharemarket closed slightly lower, with Westpac the single biggest drag on the benchmark index, while the Aussie dollar fell top a three-week low.
The sharemarket closed slightly lower, with Westpac the single biggest drag on the benchmark index, while the Aussie dollar fell top a three-week low.
Will the latest efforts to cool the housing market address financial stability concerns or slow investor lending? Analysts don't think so.
A slightly more downbeat tone from the RBA pushes the Aussie dollar firmly below US76¢, as selling in the big banks drags the sharemarket lower.
A leaked internal Telstra document has revealed the telco giant is considering taking back control of some of its store network, potentially clashing with its major retail partner Vita Group.
A portfolio of six newly developed Victorian childcare centres offered to the market for the first time are expected to fetch $50 million.
Veteran emerging markets investor Mark Mobius says Asian business people are less vexed about Donald Trump than their Western counterparts.
The spot price of iron ore has extended its retreat, amid unrelenting negative sentiment about inventories and demand.
Small business ombudsman Kate Carnell says some big multinationals are driving small enterprises out of business through late payments.
Global cyber security firm Intel Security has been renamed McAfee and now operates as an independent company, completing a split from Intel.
Chemicals company Ixom has renewed its lease on Melbourne's first glass skyscraper in the north-east fringe office precinct. Charter Hall's Direct Office Fund has leased three floors at 1 Nicholson Street, the 12-storey tower built for Orica in 1960. Ixom, formerly Orica's chemicals arm, was sold to the Blackstone Group in 2015
The Reserve Bank has held the cash rate steady amid growing pressure to lift rates to contain soaring home prices.
The Reserve Bank maintains the cash rate at 1.5 per cent, but Peter Martin says change may be coming.
Nearly 200 staff at George Calombaris' restaurants have been underpaid $2.6 million collectively, with the celebrity chef blaming "historically poor processes" for the bungle.
An Israeli investigation into gift giving to its PM has been extended as police have been unable to interview key figures, according to reports.
About 1600 hair and beauty salons will be randomly audited over the next 12 months.
Aldi, Coles and Woolworths make liberal use of plastic packaging, much to the chagrin of environmentally conscious shoppers.
Centennial's Matthew Kidman this week talks with Monash Investors' Simon Shields and Dean Fergie from Cyan Investments about "fallen angel" stocks.
Once the Yahoo deal closes, AOL and Yahoo will be known as Oath.
Australian miner Kingsgate is seeking compensation from Thailand's military government over its controversial order to shutdown the company's gold mine in northern Thailand, forcing the sackings of more than 1000 Thai workers.
Believe me, no one is keener than me to see a property bubble burst.
Two people, three jobs and a dream getting harder and harder to reach.
Developer TOGA and real estate investor Qualitas have transformed the former Addison Hotel in Kensington in Sydney's east into pop-up accommodation for vulnerable youth, after donating the vacant building for a minimum of 12 months while it awaits development approval.
Rupert Murdoch's Fox News was hit with another sexual harassment claim Monday, as on-air contributor Julie Roginsky filed a lawsuit against the network's former chief executive Roger Ailes and its current co-president Bill Shine.
​S&P; cut South Africa to junk status, saying the firing of its respected finance minister heralded a damaging policy shift.
The local sharemarket is due to open lower as global markets drifted overnight while the Reserve Bank interest rate decision drops this afternoon.
Tesla's Elon Musk has poked fun at short sellers as his electric-car maker's stock surged to a record, vaulting its market value past century-old rival Ford.
​China's appetite for iron ore is likely to have continued unabated in March, and that might prove as good as it gets.
Ex-CBA chairman says breaks for property investors such as negative gearing need to be addressed to cool down the housing market.
Proving he can walk and chew gum at the same time, Sir Ron Brierley's current plaything Mercantile Investment has two takeover bids on the go as it continues to try to hoover up market minnows, writes Carolyn Cummins.
The new head of the Australian Banker's Association (ABA) - former Queensland premier Anna Bligh - has hosed down talk of a housing priceÂ?bubbleÂ?in her first day on the job.
The rock stars of the restaurant industry are in Australia for the World's 50 Best Restaurants but the hospitality industry is facing a labour shortage.
As Queensland mops up from Cyclone Debbie this week, Sydney entrepreneur Matthew Lennox will wish he could help.