Minimum wage to rise by $22 a week
Australia's lowest-paid workers will get a $22-a-week pay rise after the workplace umpire lifted the national minimum wage to $694.90.
Latest Business News
Markets Live: ASX dives below 5700
Shares have taken another sharp-ish leg lower, with broad losses across the ASX, as more economic data disappoints and ahead of the RBA's rates decision.
Man arrested after note found in Virgin flight's toilet
A note was found in the plane's toilet during the flight from Sydney to Albury.
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- 00:54
The $20,000 tax write-off for small businesses
Could your small business benefit from the government's $20,000 instant asset write-off?
March current account deficit at $3.1b
Australia's current account deficit was $3.11 billion in the March quarter, down from a deficit of $3.51 billion the previous quarter.
How much do you really save by shopping at Aldi?
Australian shoppers can save almost $80 by replacing leading supermarket brand products with budget equivalents.
'No insight': Brumby's owner slams investment bank report
Company behind Brumby's Bakery, Donut King, Michel's Patisserie and Crust Pizza slams analysis as "premature, precipitous and, with respect, an exercise in speculative guesswork."
Review of ATO people, processes 'inevitable': Noroozi
A review into the people and processes of the ATO following the alleged abuse of position by one of its highest ranking officers is "inevitable", Inspector-General of Taxation Ali Noroozi says.
Virgin Australia bets on Hong Kong
​Virgin Australia is struggling to secure landing slots at China's two biggest cities, slowing its pivot from the sluggish European market towards Australia's largest source of inbound passengers.
How to spend only $8 on lunch in CBD every day
There's a new start-up in town, and they're offering $8 lunches to workers in Sydney's CBD.
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- 01:56
Forget the GDP score
The March quarter GDP figure is old news. We already have enough information about the June quarter to know it's bounced back. Michael Pascoe comments.
Murray Goulburn flags deeper cuts to ensure viability
Without further cost cutting, Murray Goulburn may not meet its farmgate milk price forecast
'Spike in stress': Australians curb spending as debt balloons
There are clear signs that the consumers who have driven much of Australia's growth are running out of puff.
8@eight: ASX to open lower on RBA day
Local shares are set to open lower after a quiet night on Wall Street.
How did Marissa Mayer get paid $1.2m a week by Yahoo?
'The company was not run well under her tenure," says an analyst who has studied Yahoo for years. So why did Marissa Mayer get paid so much?
Draghi won't rush policy change
The European Central Bank has convinced economists that it'll take policy normalisation as gradually as it can.
CatchOfTheDay rebrands as it gets ready for Amazon
Online retailer CatchOfTheDay has rebranded itself Catch and relaunched as a marketplace for other sellers in a move that puts it in direct competition with US giant Amazon.
JPMorgan's theory on low volatility
Investors may have been justly lulled to sleep by a stream of steady economic data.
Gold seen rising to four-year high
Gold may extend gains after climbing to the highest level in six weeks following disappointing monthly US economic reports.
Pot stock looks to clear the haze of confusion
A bit of notoriety is good for a medicinal cannabis startup, but obviously not too much.
Optus admits slashing prepaid data without telling 45,000 customers
Telco to compensate 45,000 customers after admission ACCC investigation.
Full cuts to Sunday penalty rates delayed until 2020
Landmark cuts to weekend penalty rates in several industries will be phased in over four years.
Electric car market won't spark without subsidy, says Nissan boss
Australia's electric car market was unlikely to take off unless the government introduced subsidies, says Nissan's global chairman.
Ending secret identities the 'new frontier' in fighting tax evasion
Revealing the secret identifies behind shell companies and opaque trusts is the "new frontier" in fighting tax evasion, says the OECD's head of tax Pascal Saint-Amans.
If corporations are people, they can be real jerks
The problem isn't globalisation per se, but the rise of what Henry James called a 'hotel civilisation'.
Altair Assets was 'not yet profitable', says Lonsec
The funds management firm that sold everything citing a looming market correction was unprofitable as at November: analyst report.
What banks aren't telling their shareholders in tax backlash
More than just about any other business, large banks (and their shareholders) receive big commercial advantages from their essential role in their economy.
Brisbane Airport signs $25m bus contract ahead of proposed monorail
The contract gives a Sydney-based company exclusive rights to build, operate and maintain the Brisbane Airport bus fleet, to come intio operation in February.
Company profits up 40 per cent, wages barely at all
Company profits grow 40 per cent while wages grow 0.9 per cent
NBN Co's head of security moves to Huawei
The former head of cyber security at NBN Co has now been appointed cyber security officer at Huawei.
Small Business
CUB pushes out small business payment times
Carlton & United Breweries is increasing payment times to small business suppliers rather than cutting them.
Thinking outside the box after courier dramas
Incy Interiors now employs extreme packaging to overcome courier problems.