Lower asbestos claims give James Hardie earnings fillip

• 12 mins ago

Lower than expected asbestos claims helped James Hardie offset a squeeze on margins due to operational problems in the US to post higher yearly earnings.

Son of ATO boss arrested for tax fraud

• 12 mins ago

Australian Taxation Office Deputy Commissioner Michael Cranston will be charged in connection with an alleged $165 million tax fraud syndicate.

Canberra-Singapore flights cut for 'low season'

• 30 mins ago

Singapore Airlines reduce number of flights from Canberra to Singapore.

World's 500 richest lose $47b overnight

• 41 mins ago

The political turmoil in the US cost the world's richest people $47 billion in one night.

Markets Live: Trump trade turns ugly

• Live
• 45 mins ago

Shares slump for a second straight day extending the ASX's losses to $38.6 billion as gathering controversy around the US presidency threatens to derail the global bull market.

Virgin Australia's losses blow out in third quarter

• 1 hr ago

Virgin Australia ran at a $69 million loss in the third quarter.

Washington turmoil sparks Wall St tumble

US stocks plunge amid reports of a memo by former FBI chief James Comey suggesting that President Donald Trump had tried to interfere with a federal investigation.

Forget the banks, there's a better way for tax reform

• COMMENT

Clean up some of our more obvious rorts and trim the capital gains tax discount, and we'd be well on the way.

Hellman & Friedman makes rival bid for Fairfax Media

A second American private equity firm has offered to buy Fairfax Media.

Chinese investors urged to win a 'social licence'

Chinese investors wanting to buy Australian farms or agribusinesses must obtain "broad community approval" if they want to operate in Australia, according to a new report to be released in Beijing on Thursday.

Investors take their bets off Wall Street

Trump trade is over as investors increasingly worry that the US President is less likely to get tax cuts and deregulation done.

The truth about your skyrocketing gas bill

Consumers are set to pay higher energy prices but it has little to do with looming "gas shortages", researchers say.

Fairfax boss quizzed on job cuts

• Federal Politics

Fairfax CEO Greg Hywood has fronted a public inquiry into the future of journalism, where he's attacked the ABC, discussed salaries and staff cuts.

'Populist rubbish': Former Labor leader slams bank tax

Former NSW Labor premier Nathan Rees is preparing to face-off with Anna Bligh in new role for the Finance Sector Union.

Mamak restaurants accused of underpaying staff ... again

After being fined almost $300,000 last year, the operators of the popular Mamak Malaysian restaurants are again facing legal action for allegedly underpaying staff.

Trump crisis sends Wall Street tumbling

Report of Donald Trump interfering with a federal investigation sets off alarm bells on Wall Street

Wall Street loses faith in Republicans

Republican leaders continued to pitch plans to overhaul health-care system and taxes, but markets weren't buying it.

8@eight: Trump turmoil hits markets

• Sponsored

The Australian sharemarket is poised to open sharply lower on the back of Wall Street's worst day since September.

Bernanke sees US economy near capacity

The US jobless rate is "about as low as it can go", former Federal Reserve chairman Ben Bernanke said.

Nothing left in the bag for Oroton boss Ross Lane after latest downgrade

• CBD

Ross Lane's return to the top role at Aussie handbag maker, Oroton – after a decade-long gap – has not been particularly triumphant.

Gold rises to two-week high

Spot gold rose for a fifth day as investors rethink the outlook for the pace of US interest rate increases.

Gas surge hits power prices

Hazelwood's demise has triggered a surge in gas - and a prediction electricity prices will rise by up to 40%.

The 2017 budget's inconvenient truth

• COMMENT

Adjusted for tricks, there's no chance of a surplus for a long time.

Skewered Officeworks sale raises wider Wesfarmers questions

• COMMENT

The imminent arrival of Amazon has skewered Wesfarmers' ability to do what it does best – horse trading assets.

ACCC mortgage probe to demand banks' internal documents

Banks will be forced to hand over sensitive internal documents on their interest rate decisions, including board papers, as the competition watchdog puts home loan pricing under the microscope.

Wesfarmers must face up to retail reality

Wesfarmers must balance its ambitions to reap $1.5 billion from the sale of the Officeworks chain with the reality.

'Biggest scam in NSW': 10,000 per cent blowout in gas bill

AGL has launched proceedings over company's failure to provide timely meter reads over the past two years.

The jobs that don't earn what you would expect

We all know that years of study and hard work pay off eventually in a well-paid job, right?

'Debris field' found in search for plane missing in Bermuda Triangle

Authorities searching in the Bahamas for a small overdue plane with a prominent New York businesswoman and her two children on board, have reported finding a 'debris field'.