Business Day

The decision will anger the nation's union movement, which has been fighting for a $45-a-week rise to the minimum wage.

Minimum wage to rise by $22 a week

WORKPLACE RELATIONS
Nick Toscano
22 mins ago

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Markets Live: ASX dives below 5700

Live
Patrick Commins and Jens Meyer
30 mins ago

Inspector-Genral of Taxation Ali Noroozi said a wider review was needed and the community was welcome to give feedback.

Review of ATO people, processes 'inevitable': Noroozi

THE ECONOMY
Nassim Khadem
41 mins ago

RFG's shares tumbled 11.3 per cent on Monday after UBS, which has a "sell" rating on RFG, sliced its price target for ...

'No insight': Brumby's owner slams investment bank report

RETAIL
Madeleine Heffernan
32 mins ago

shopping

'Spike in stress': Australians curb spending as debt balloons

THE ECONOMY

Murray Goulburn warns of need to cut costs further

Murray Goulburn flags deeper cuts to ensure viability

BUSINESS
Brian Robins

Catch Group founders Gabby & Hezi Leibovich are taking on Amazon.

CatchOfTheDay rebrands as it gets ready for Amazon

RETAIL

Market Indices

Updated: June 6, 2017 - 11:50AM

Updated: June 6, 2017 - 11:35AM

Updated: June 6, 2017 - 7:15AM

Updated: June 6, 2017 - 2:00AM

United States Dollar

Price

0.7466

Percentage up/down

-0.29% fall
Euro

Price

0.6623

Percentage up/down

-0.39% fall
British Pound

Price

0.5775

Percentage up/down

-0.45% fall

Updated: June 6, 2017 - 11:50AM

Quiet

What banks aren't telling shareholders in tax backlash

COMMENT
Clancy Yeates

Pnina Feldman has sought to clear up confusion about the two Andrews.

Pot stock looks to clear the haze of confusion

Colin Kruger, CBD

It's little surprise that companies have gotten away with paying so little tax for so long.

If corporations are people, they can be real jerks

COMMENT
Satyajit Das

Investors are playing it safe.

8@eight: ASX to open lower on RBA day

Sponsored
Chris Weston

Marissa Mayer, president and chief executive officer at Yahoo! Inc., exits after a press conference at the Yahoo! Inc. ...

How did Marissa Mayer get paid $1.2m a week by Yahoo?

Vindu Goel

At the last policy meeting on April 27, Draghi said that risks to growth were "moving toward a more balanced ...

Draghi won't rush policy change

Alessandro Speciale and Andre Tartar

"Equally important as a long-term depressant of market volatility is a persistently high amount of excess cash balances ...

JPMorgan's theory on low volatility

Sid Verma and Luke Kawa

Gold seen rising to four-year high

Ranjeetha Pakiam

Altair Assets was 'not yet profitable', says Lonsec

EXCLUSIVE
Patrick Commins

ASX in sour start as investors whack banks again

Myriam Robin

Markets Live: Banks hit again

Patrick Commins and Jens Meyer

Quiet

What banks aren't telling their shareholders in tax backlash

COMMENT
Clancy Yeates

The bank says new features on its app will tell customers what exchange rate they will get if they pay on their Visa ...

NAB to reveal realtime currency costs to travellers

Clancy Yeates

Amazon has changed what customers expect from businesses, including banks.

Even banks are touched by the Amazon effect

Clancy Yeates

"Macquarie consistently looks at the most appropriate locations for its businesses and head office," a spokeswoman said.

Macquarie leaves open option of HQ move

Jamie Freed

Interest rates on savings accounts have fallen more than the RBA's cash rate in the past year.

Banks cut interest rates they pay to long-term savers

Clancy Yeates

The penalty rates decision will anger Australia's union movement, which has invested heavily in a massive campaign to ...

Full cuts to Sunday penalty rates delayed until 2020

Nick Toscano

Flying CFMEU flags is one of the clauses banned by the ABCC

Clock ticking for big builders as blacklist looms

Nick Toscano

Clare O'Neil, Labor MP for Hotham.

Big business backs Labor call for new anti-slavery legislation

Anna Patty

Illustration: Simon Bosch

Are the wheels really falling off Australia's economy?

ANALYSIS
Myriam Robin

Bunnings' price promise has helped it dominate hardware in Australia.

Bunnings finds it can afford to shun online

ANALYSIS
Madeleine Heffernan

Every time there is tech froth, people will argue why this is or isn't different from 1999.

Talk about tech bubble is flashback to the dot-com era

COMMENT
Shira Ovide

Supermarket shopper with basket of groceries, exact date unknown AFR picture by JIM RICE

How much do you really save by shopping at Aldi?

Lucy Cormack
17 mins ago

Optus has admitted it gave less data than what customers had paid for.

Optus admits slashing prepaid data without telling 45,000 customers

Esther Han

SYDNEY, AUSTRALIA - JUNE 01: James Oliver Manager of the Capsule Hotel sits in one of the delux capsuls, at the Capsule ...

$50 to spend a night in a futuristic pod

Esther Han

RFG's shares tumbled 11.3 per cent on Monday after UBS, which has a "sell" rating on RFG, sliced its price target for ...

'No insight': Brumby's owner slams investment bank report

Madeleine Heffernan
33 mins ago

Catch Group founders Gabby & Hezi Leibovich are taking on Amazon.

CatchOfTheDay rebrands as it gets ready for Amazon

Retail Food Group recently forked out $164 million to buy up Gloria Jean's coffee.

Investors drop shares in retailer behind Gloria Jean's, Donut King

Brian Robins

Gwen Stefani performs during the Wal-Mart Shareholders Meeting Friday, June 2, 2017, at Bud Walton Arena in ...

Gwen Stefani and a worker pay push: inside Walmart's AGM

Abha Bhattarai

Bunnings' price promise has helped it dominate hardware in Australia.

Bunnings finds it can afford to shun online

ANALYSIS
Madeleine Heffernan

Australia's terms of trade on goods and services - the prices of exports relative to the prices of imports - rose 6.6 ...

March current account deficit at $3.1b

7 mins ago

Inspector-Genral of Taxation Ali Noroozi said a wider review was needed and the community was welcome to give feedback.

Review of ATO people, processes 'inevitable': Noroozi

Nassim Khadem
41 mins ago

shopping

'Spike in stress': Australians curb spending as debt balloons

OECD head of tax Pascal Saint-Amans said the global plan to fight tax evasion was on track.

Ending secret identities the 'new frontier' in fighting tax evasion

EXCLUSIVE
Nassim Khadem

Money managers boosted their long positions in US gold futures to the highest in four weeks in the five days to May 30, ...

Gold seen rising to four-year high

Ranjeetha Pakiam

Clive Palmer is seeking to sue the Prime Minister for defamation.

Clive Palmer lawsuit against Prime Minister is back in court

Clive Palmer is seeking to sue the Prime Minister for defamation.

Palmer sells Queensland Nickel HQ

Carolyn Cummins

Department store David Jones kicked off its half yearly clearance sale this week.

Retailers enjoying a day in the sun

Carolyn Cummins

Analysts say Amazon will expose the lack of investment many Australian retailers have put into their online operations.

Amazon to impact online sellers as much as bricks and mortar

Carolyn Cummins

Auyin Property Development's $120 million project at 212-216 Bay Road, Sandringham.

Developers turn to larger apartments

Simon Johanson

It's little surprise that companies have gotten away with paying so little tax for so long.

If corporations are people, they can be real jerks

COMMENT
Satyajit Das

trade

Trade, manufacturing to boost global growth: World Bank

Gwen Stefani performs during the Wal-Mart Shareholders Meeting Friday, June 2, 2017, at Bud Walton Arena in ...

Gwen Stefani and a worker pay push: inside Walmart's AGM

Abha Bhattarai

Is it time to buy yourself a proper knife?

Cutting edge: These are the only two knives you'll ever need

Lifestyle

One of the few times that smoke is not just allowed, but a good sign.

Why the fastest car on Australia's roads still isn't perfect

Cars

The non-concessional contribution cap will drop from $180,000 to $100,000 a year, but the three-year bring-forward rule ...

How to maximise your super under rule changes

COMMENT
Noel Whittaker

Caitlin Fitzsimmons

How the funeral industry preys on grieving families

Caitlin Fitzsimmons

Small business suppliers to CUB face a lengthy wait for payment.

CUB pushes out small business payment times

Cara Waters

The long-awaited legislation to give effect to small business concessions announced in last year's 2015-16 federal ...

Small businesses get bigger, for tax

ANALYSIS
Max Newnham

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