Loonie chopped by US duties
The Canadian dollar slumped after the US said it would impose anti-subsidy duties on imported Canadian softwood lumber.
Latest Business News
Gurner challenges Fitzroy Club knockback in Supreme Court
The Melbourne developer has launched a Supreme Court challenge to a planning tribunal decision that rejected his apartment redevelopment of Fitzroy's Spanish Club.
8@eight: Strong start in store for ASX
It's a good time to hold equity and credit and it seems a dark cloud in the form of the French elections has swiftly departed from the investment landscape, providing fresh impetus to chase returns.
How messing with the Big Mac paid off for McDonald's
A revamp of McDonald's iconic Big Mac burger and more aggressive drink promotions are helping the restaurant giant overcome a broader slump in the fast-food industry.
Nine urged to call stumps on cricket coverage
Cricket Australia is facing a major revenue crisis as global investment bank urges end to coverage.
Nasdaq tops 6000 mark
The Nasdaq Composite crossed the 6000 mark for the first time, bolstered by gains in a handful of large-cap tech names.
Iron ore begins multi-year slump
Iron ore's early-year rally might prove to be a high-water mark for at least the next half decade, according to BMI Research.
China's hidden debt stirs angst
Scrutiny is mounting after a corn oil producer guaranteed debt of a neighbouring aluminium product manufacturer.
Furla buys back Australian business on soaring sales
Luxury Retail Group claims premium handbag-maker Furla's decision to buy back its local stores is a vote of confidence in Australia's rapidly expanding luxury retail sector.
Private equity sets a higher bar for former Spotless boss
Former Spotless boss, Bruce Dixon, promised he would not be doing anything more strenuous than propping up the bar at one of his son's pubs when he retired. He was being modest.
Minimum wage for temporary visa holders falls behind inflation
The minimum wage for temporary work visa holders has not been revised to ensure it will keep up with inflation as part of federal government reforms to the visa system.
Barangaroo launches new public park zone
A sweeping two-hectare public park, complete with waterfront walkway and new pier, will be some of the final pieces of the $6b Barangaroo development.
Work for the dole a 'demonstrable failure, demonises the unemployed'
Work for the dole has been an expensive "demonstrable failure" that does nothing to lessen the nation's unemployment burden, one of Australia's biggest charities has said.
Looming bank profits require delicate handling
The latest round of profit results – all expected to be higher than the previous corresponding period – will be steeped in politics.
Investors cheer Europe's political mood
Investors watching the polls in Europe are feeling more optimistic after the French first-round result.
MUA, Patrick at battle stations as 'peace deal' looks to be in tatters
The national peace deal on the docks is looking shaky after only five months.
Cocoa growers to work together on fighting price rout
Cocoa-growing countries will fight a price rout by banding together and co-ordinating production strategies, the chairman of the International Cocoa Organisation said.
Chinese investors target retail assets as $48m centre sells
A neighbourhood shopping centre in Melbourne's south-east anchored by a Woolworths supermarket has sold to Chinese interests for $48 million, the latest in series of retail acquisitions by Asian investors.
Chinese equities wilt under capital crackdown
A widespread credit crackdown in China is roiling a range of Chinese asset classes but economists including Andy Xie are welcoming the government's moves.
Aussie breaks record, pays $850,000 for four Indian stamps
An Australian collector has set a new world record after paying a small fortune for one of the world's rarest and most-mysterious stamps.
Stockland opens first stage of Green Hills mall revamp
Stockland will open the first section of its $412 million redevelopment and expansion of Stockland Green Hills.
Post Panama Papers, call to name and shame
Should the public be able to freely access the names of the people behind the ownership of assets and bank accounts?
Crackdown? What crackdown? The truth about home loan rates
The big four banks are still offering investor loans at a significant discount to a year ago.
AMP Captial's 33 Alfred Street set for a facelift
The country's first skyscraper, 33 Alfred Street, owned by AMP Capital, in the prime position at Circular Quay, is to get a much-needed facelift
Aldi Home Deliveries is here ... sort of
'Aldi Home Deliveries' has been registered with the corporate regulator - but not by Aldi.
Would you pay to watch free-to-air TV?
Television broadcast licence fees are top of mind in the media industry this week as the federal budget approaches.
Yields driving lower as SMSFs hunt for returns
Self managed super funds are driving yields lower in a bid to bolster returns with commercial property investments.
Malaysian group buys Newspaper House for $35m
Newspaper House, the heritage Collins Street building with a glittering mural mosaic on its facade, has sold for $35 million just two years after it was acquired by listed Singapore developer-builder Lian Beng for $22.7 million.
How a lost street food recipe made Hiroe a millionaire
When Hiroe Tanaka's father died, he left behind something that would change her life: a recipe for fried meat on a stick. It was an act of love. His daughter adored the Japanese street food known as kushikatsu, and he'd spent endless hours working out how to make it just right.
Investors seek out $450m of north shore assets
Investors are snapping up about $450 million of North Shore assets
Small Business
No clue in reality: when vocational training falls short
An influx of registered training organisations offering subpar courses has made it tough for employers.
The tax loophole for optimistic small businesses
There's a solution for small business still waiting on the instant asset write-off threshold increase to $10 million.