8@eight: Negative open on cards for ASX

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• 38 mins ago

It promises to be a fairly unpredictable and messy open on the ASX on the back of a soft lead from Wall Street.

Qantas finds loyalty pays better than tickets

• 1 hr ago

Qantas Airways' frequent flyer program has become one of its biggest success stories, with program earnings to double by 2022.

Bumper crop gives Graincorp a fillip, letting it double its dividend

• 1 hr ago

A bumper grains crop and optimism of another good year ahead helped push GrainCorp shares sharply higher

ATO accused of 'accounting trick' to mask true staff numbers

Up to 20 per cent of the ATO's workforce now non-public servants, union says.

Bank of England rethinks rate outlook

The Bank of England said it may need to raise interest rates before the late 2019 date that markets had been expecting.

China metal bulls not panicking yet

China's metals bulls are taking a pause rather than sounding the retreat.

Noble Group's shares slump by record

Noble Group reported a quarterly loss that pummelled its shares, stoking survival worries for the commodity trader.

Barclays rejigs global investment team

​Barclays reshuffled its senior global investment bank management and is seeking to hire between 50 to 100 people.

Dalian iron ore retreats

​Iron ore futures in China fell to a four-month low on Thursday before recovering at the close, pressured by lean demand.

The Frightful Five: There's no escape from these companies

• COMMENT

This is the most glaring and under-appreciated fact of internet-age capitalism: We are, all of us, in inescapable thrall to the handful of American companies that now dominate much of the global economy.

'More than just price': Myer hits back over Amazon fears

Myer boss hit backs at claims that Amazon will devastate its business, saying it was not clear what the online retail juggernaut would offer in Australia.

Can't hit budget? Move the goal posts

• COMMENT

It's been a big week for budgets with endless analysis after the event and daily leaks during the run up.

Julie Bishop says aid will stay in freezer until budget surplus

• EXCLUSIVE

Foreign aid reductions to see Australia tumble down OECD ranks of donor countries.

Trump policies would cause Australian 'horror story', warns top economist

One of Queensland's leading economists outlines the potential impact of the president's protectionist policies on Australia's economy – and it could spell disaster for the country.

ASX reverses early gains

The ASX reversed strong early gains to finish flat, as a dip in Chinese commodities futures triggered a round of selling in the miners.

Shorten shows he is every bit as pragmatic as Turnbull

• ANALYSIS

Scott Morrison succumbed to hubris before Bill Shorten's budget reply, asserting that only two groups seemed to be unhappy with his audacious budget reset: the big banks and the Labor Party.

Mine rehabilitation is 'inadequate and vague'

Provisions to rehabilitate the state's 450 mines in NSW are inadequate, their required outcomes vague, and the risks of long-term failure are uncovered, according to a report by the Auditor-General.

Telstra puts squeeze on mobile queen

Maxine Horne is still Australia's richest female executive, but Telstra boss Andy Penn is ensuring she will occupy a much lower rung on the rich list this year.

How to know when working from home works for you

It doesn't have to be all or nothing: A smart mix of facetime in the office and working from home can help you enjoy the years your children are young and continue to build your career.

Slugging banks is the fairest way to raise billions

• COMMENT

If you think the big new bank tax is outrageous and unfair, tell us what would be a better, fairer way to raise a quick $1.6 billion or so next year.

ANU 'backflip' over socially responsible investment

ANU has been accused of a backflip on socially responsible investment

Banks warn on 'unintended consequences' of new tax hit

The country's biggest banks warn that a $6.2b tax could have "unintended consequences".

Collateral damage: federal government's tax raid on disabled veterans

This man sacrificed his health in service to his country. Now he says he's about to be repaid with a tax raid on his invalidity benefits.

Slater and Gordon plan $1.1b fraud claim over Quindell disaster

The near bankrupt firm of lawyers is seeking to rescue some value for shareholders.

Lack of wages growth challenges budget surplus prediction

The wages growth needed to deliver the federal budget prediction of a return to surplus is unlikely to materialise, employment law experts and economists have warned.

Elliott Associates likely to seek further BHP meetings

Activist US fund manager Elliott Associates is expected to seek further meetings with BHP Billiton officials.

'Catastrophic loss': AMP faces shareholder anger

Shareholders are angry about AMP's $344 million full-year loss following heavy write-downs in its life insurance division.

CFMEU fined for blockading children's hospital project

Australia's largest building union and several high-ranking officials have been collectively fined more than $270,000 for illegally blockading a children's hospital construction project.

So what's better than the bank tax?

Before branding it outrageous, tell us what immediate revenue raising would be better, fairer and possible? Michael Pascoe comments.