Business News
Forget Paris, it’s the rate climate
DONALD Trump takes the US out of the Paris climate accord — and Wall St rockets to yet another all-time high, writes Terry McCrann.
Record high on Wall St
US stocks closed at record highs for a second consecutive session, as gains in tech and industrial stocks more than offset a lukewarm jobs report.
Trump a cloud on certainty
THE US withdrawal from the Paris climate agreement adds a “damaging” layer of uncertainty for businesses worldwide, Australian industry leaders say.
Buyer beware for booming Bitcoin
THE Barefoot Investor won’t be investing in booming Bitcoin, and he doesn’t recommend anyone else does either. Here are the reasons why you should avoid the virtual currency.
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Coles captain in $10m pay deal
THE new boss at the parent company of Coles will get less pay than his predecessor — but can still earn more than $27,000 every day of the year.
Westpac: Here’s how much we’ll pay ...
UPDATE: WESTPAC has become the first of the big banks to officially estimate the hit it will cop from the federal government’s new slug.
Finance warning House prices at risk of ‘sharp correction’
THE white hot Melbourne property market has increased the risk of a “sharp correction” in house prices across Australia, a global ratings agency warns.
Credit relief Triple treat as Australia bypasses credit downgrade
AUSTRALIA has held onto its coveted triple-A credit rating from Standard & Poor’s — but the agency has again warned it may not last.
‘Most Australians are fed up’
QANTAS CEO Alan Joyce says there is a “strong business case” for gay marriage, arguing “most Australians” want parliament to make it happen.
Shark Tank star faces court
A FASHION start-up that scored $200,000 on Shark Tank allegedly underpaid workers and ran an unlawful unpaid internship program.
