'I thought I was dying': Qantas Passenger describes ordeal

Linda Tse's Qantas flight was minutes from landing in Hong Kong when the plane began to violently shake before it dropped from 22,000 feet.

Lessons learned from the United Airlines debacle

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It seems that United's management had not spent enough time and energy on effective scenario planning.

Receivers appointed to parent of shipping container giant

One of Australia's largest container companies SCF Group will be restructured after its major backer appointed receivers to the parent of the group.

Molopo battle escalates with Bolton bid

The battle for cashbox, Molopo Energy, is getting a little testy.

ASX tumbles on iron ore falls

Plunging iron ore prices and a renewed focus on geopolitical tensions sent the ASX lower on Thursday, erasing the gains made earlier in the week.

Elliott accuses BHP of 'do nothing' approach

Activist investor Elliott Associates has accused BHP Billiton of taking a "do nothing" approach to its manifesto for creating greater value for shareholders.

Qantas safety scare that injured 15 deemed 'serious and unusual'

The safety scare involving a Qantas jet last week is so rare and serious that most pilots go their whole career without encountering such a scenario, expert says.

Fortescue shares dive as iron ore price slide deepens

Fortescue shares slumped on Thursday as a steep decline in the spot iron ore price and lower production in the March quarter soured sentiment.

Markets Live: Miners fall off a cliff

Steep losses in mining stocks following a collapse in the iron ore price weigh on the ASX, while the Aussie dollar is boosted by jobs numbers.

Sylvester Stallone sues film studio over unpaid Demolition Man profits

Sylvester Stallone has accused Warner Bros Entertainment of failing to pay him his share of revenue from the 1993 sci-fi film, Demolition Man.

How insurance will move to assurance

Insurance products will soon be more about helping customers understand (and eliminate) their risks, says IAG boss Peter Harmer at the AFR Banking & Wealth Summit.

One in three new home loans at risk, warns RBA

One third of new mortgage owners have less than a month's buffer against financial instability, the Reserve Bank has warned.

NZ house prices hit record high in March

New Zealand's median house price rose 10 per cent to a new record in March, reflecting a lift in the number of higher-value properties sold, according to the Real Estate Institute.

Telstra continues to drop as TPG reveals mobile plans

TPG will offer six months of free mobile services to entice customers when it launches a new mobile network next year.

$A bounces as full-time jobs rebound

• UPDATED

Australia's employment surged more than expected in March, led by a rebound in full-time jobs.

Christopher Pyne lashes colleagues for public disunity ahead of budget

Defence Industry Minister Christopher Pyne has chastised his Coalition colleagues for publicly debating whether the government should allow first-home buyers to raid their superannuation savings.

Coates drops C-bomb in fight to control Olympic movement

Australian Olympic Committee president John Coates has admitted he called Australian Sports Commission chief John Wylie a "c---" during an unprovoked verbal attack.

Outrage at United could cost CEO his $US500,000 bonus

Angry United Airlines customers can now vent their fury at a juicy target: the chief executive's pocketbook.

Claiming he's a genius, fund manager loses $297 million divorce fight

The word genius "is properly reserved for Leonardo Da Vinci, Mozart, Einstein, and others like them," a judge had found in 2015. Two years later, appeal judges agreed.

NSW land titles registry leased for $2.6 billion to Hastings Funds Management, First State Super

The state's 150-year-old registry will be leased to Hastings Funds Management and First State Super.

Insurance contracts 'unfair and complex'

Insurance companies are exploiting an exemption to unfair contract rules and hiding behind complex product disclosure documents, consumer advocates say.

Myer's rescue of Marcs, David Lawrence still likely to cost jobs

Myer has rescued troubled fashion brands David Lawrence and Marcs, buying the brands out of administration following their collapse in February.

Americans fall in love with Kiwi wine, to Australia's detriment

Americans are falling in love with expensive New Zealand wine at the expense of cheaper drops from Australia. The value of Kiwi wine shipped to the US jumped last year, beating Australia's deliveries for the first time.

$3.3b sale: Chinese Rio mine purchase gets green light

The largest acquisition by a Chinese government entity of Australian assets has been greenlighted with FIRB not opposing the $US2.5 billion purchase of Rio Tinto's suite of NSW coal assets.

'No drag and drop': Rival airlines cash in on United's embarrassment

United's embarrassment over the removal of a passenger was too good an opportunity to miss for Mid-east operators.

ATO's Easter resurrection will make-or-break tax time 2017

Top tax men sweating on their Easter tech re-boot.

Yellen 'not toast': Trump

President Donald Trump signalled in an interview that he could be moving closer to the mainstream on US monetary policy.

Iron ore free falls as buyers disappear

Iron ore tumbled 8.5 per cent overnight to $US68.04 a tonne, as already reluctant buyers stampeded to the sidelines.

8@eight: 6000 a bridge too far

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The local sharemarket due to open sharply lower after iron ore tumbled overnight.