Business

Latest Business News

"Only much lower prices will shake out excess capacity," said Richard Knights, a London-based analyst at Liberum ...

Iron ore's accelerating rout

Iron ore's tough week has opened up a pathway for benchmark spot prices to drop back into the $US50s a tonne range.

Reserve Bank of Australia governor Philip Lowe has warned of rising house prices.

RBA's broken record means no rate moves

The Reserve Bank of Australia thinks the economy is on track for solid growth, but the central bank's optimism has been met with a note of caution from some economists.

The 6000-point level remains as elusive as ever.

Sell in May: Miners, banks lead the way

A hefty slide in commodity prices as well as an abrupt end to the banking rally dashed hopes the benchmark index might scale the elusive 6000-point mark anytime soon.

Treasurer Scott Morrison is preparing his second federal budget.

Morrison eyes higher health taxes

The relief high-income earners gain from the debt levy being axed may be very short-lived as the Turnbull government considers higher health taxes.

One set-back includes the axing of Melbourne's direct to London route.

Qantas signs credit card deal with Citi

Qantas has launched a new credit card promising more frequent flyer points at the same time as its loyalty scheme has helped power the airline's share price to an almost 10-year high.

Telstra is battling to stay in front in the bush.

Telstra soars after big win in mobile battle

Telstra has had an important win in the battle for regional customers after the competition watchdog ruled the telecommunications giant should not have to share its network infrastructure with its competitors.

Melbourne art company Creature Technology has a new home.

Monster deal nets Creature comfort

A budding Melbourne art company which manufactures enormous stage-show quality animals and life-like animatronics has signed a major industrial lease deal in Fishermans Bend.

President Donald Trump

8@eight: Trump trade resurfaces

The local sharemarket is set to drift lower at the open, following global markets down as investor caution returned.

Small Business