Deposit biggest hurdle for Aussie millennials' home ownership dreams
Just 28 per cent of Australian millennials own a home, only marginally higher than their peers in the United Arab Emirates, a survey has found.
Latest Business News
The spectacular rise and 90-minute fall of a dairy tycoon
It took more than a decade for Yang Kai to amass one of China's most celebrated dairy fortunes. He may have lost it in less than 90 minutes. Now details of the company's shocking mountain of debt emerge, and his right-hand executive has disappeared.
Markets Live: ASX falls as banks crunched
Losses in the big banks and Telstra are leading the ASX lower, after the US Federal Reserve last night spooked global markets.
iPhone 'error 53': Apple taken to court by consumer watchdog
Apple has been accused of falsely and misleadingly telling customers that it wasn't required to fix their iPhones and iPads.
'Appalling': Geoff Wilson slams Hunter Hall fund board
Lashing the board for its "appalling" behaviour WAM chairman Geoff Wilson unseats the chairman of Hunter Hall Global Value
Is Snap even a "public" company?
Australian investors hoping to invest in Snap Inc might be disappointed, with S&P; Dow Jones unsure on whether to add it to the S&P; 500 at all.
- Video duration
- 01:44
The minimum wage debate
Every year business, unions and politicians argue over the pay packets of lowly-paid workers - here's what the fight is all about.
Bond traders' perilous positioning
The Federal Reserve is trying to send a message to bond traders, but they aren't buying it yet.
ASIC still sees 'appalling things' at Aussie banks
The head of the corporate regulator says he is still uncovering "some pretty appalling things" when conducting surveillance on Australian banks.
Microsoft, McDonald's, IBM avoid government's tax transparency code
Microsoft, McDonald's and IBM and are among dozens of multinational giants that have not signed up to the federal government's tax transparency code.
'Throwing mud': Judge's angry spray in Amber Harrison court battle
The prominent silk acting for the former lover of Seven West Media boss Tim Worner has been rebuked by a Supreme Court judge for claiming she is taking on "one of the country's biggest boys' clubs".
Foxtel rated lowest in consumer survey for value
A Canstar Blue survey has revealed Foxtel is less-liked than any of the major players in Australia's streaming services.
- Video duration
- 00:11
Want to save thousands on your tax bill?
Ken and Martha are using a Family Trust to knock thousands and thousands of dollars off their tax bill. This is how do they do it?
'I want humans in space': Bezos sells $1.3b in Amazon stock a year to pay for it
The Amazon founder hopes big windows will give space tourism a boost as he spends up big to fund his private space exploration project, Blue Origin.
Accused Yahoo hacker had Lamborghini, Aston Martin at 22
A Canadian accused of hacking Yahoo! email accounts for Russia said he moved into a $C642,000 home at 20.
Former JB Hi-Fi boss takes reins at Good Guys
Michael Ford has quit the business just over four months after JB Hi-Fi completed its $870 million acquisition of the chain from its owner, the Muir family.
Facebook takes new steps to stop 'revenge porn'
Facebook is taking new steps to crack down on its network's "revenge porn" problem, including a new process that prevents users from reposting intimate images shared without the subject's consent.
Airbus, Boeing close in on Qantas' Holy Grail
Both Airbus and Boeing now offer planes that appear capable of flying non-stop commercial flights from Sydney to London. The 20-hour flight could be on schedules within five years, experts say.
- Video duration
- 01:27
BMW pulls ads from 'O'Reilly Factor'
More companies, including BMW and Allstate, pull their advertising from The O'Reilly Factor after reports the show's host and Fox News paid five women to settle sex harassment cases.
Adani seeks additional surface water to feed giant coal mine
The scale of water demand from Adani's giant coal mine in Queensland appears to be larger than expected, with the company seeking approval for a large additional flood-harvesting dam.
Oil eases on US crude build
Oil prices eases from one-month high after a surprise increase in US crude inventories to a record high.
8@eight: Bears take upper hand
The late sell-off on Wall Street has set the stage for a dour opening for the local sharemarket.
Wall St turns on Fed policy rethink
US stocks turned negative in late trading after the Fed signalled a change in its bond investment policy later this year.
Balance sheet policy shift nears
Fed policymakers think the central bank should take steps to begin trimming its $US4.5 trillion balance sheet this year.
US companies hire 263,000: ADP
Companies added workers to US payrolls in March at the fastest pace since December 2014, data from ADP Research showed.
Copper leaps after upbeat US data
Copper rose 2 per cent, reflecting strength across base metals following upbeat jobs data from the United States.
Rio Tinto hit with $447m tax bill
Rio Tinto will pay the ATO almost $200 million after being hit with amended income tax assessments totalling nearly $450 million.
The NSW university that has underpaid staff millions of dollars
A NSW university has discovered it has underpaid staff their superannuation entitlements since 2009.
Anna Bligh concedes banks face 'implosion' of public trust
"Banks understand that they are swimming against the tide of powerful global forces that can be extremely exhausting and dispiriting".
United Petroleum blasted for underpaying staff
Petrol giant United Petroleum has been blasted by the workplace regulator for rampant underpayment of workers across its franchise network after a series of raids.
Small Business
How we fared over the long hot summer
Depending on the sector, the long hot summer has either been financially crippling or a phenomenal boon for small business owners
Can you still run a cash business?
Not if the ATO has anything to say about it.