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Oil doomsday scenario 'now a real threat'

The chance of crude oil prices slumping to $US30-$US35 a barrel for several years, sending the global economy into ...

30 mins ago

The chance of crude oil prices slumping to $US30-$US35 a barrel for several years has emerged as a real threat, according to one of the world's leading forecasters.

James Packer bought 18 per cent of Ten in 2010, and later sold half to Lachlan Murdoch.

Channel Ten is One.Tel Mark II

James Packer and Lachlan Murdoch, for the second time in their lives, bet and lost millions on a looks-like-blue-sky business opportunity.

Electricity prices would rise the highest under a "business as usual approach", according to modelling for the Finkel Review

Power prices up 10pc under Abbott plan

1 hr ago

Electricity prices would be up to 10 per cent higher under Tony Abbott's "business as usual" approach than under a Clean Energy Target.

Network Ten appoints administrator

Max Mason

Network Ten's board of directors have put the metropolitan broadcaster in voluntary administration.

Firefighters tackle massive London blaze

10 mins ago

Two hundred firefighters were fighting a huge blaze at a west London tower block as reports emerged of people trapped inside.

Markets Live: ASX blows past 5800

Live

Broad, bank-led gains have pushed the ASX 200 index back past 5800 points as investors extend yesterday's powerful session.

Contains:

Vocus acts like a grown up company

Chanticleer
Tony Boyd

Vocus Communications is becoming a grown up company with chief financial officer Mark Wratten introducing normal accounting disciplines.

CPA to make 'significant announcements'

1h ago

CPA Australia's board is set to break its silence with some major announcements after it met on Tuesday.

Contains:
Infographics

Telstra to cut 1400 staff

Telecommunications giant Telstra is set to cut up 1400 jobs from 'operations' as it looks to slash costs.

Departing Tyro chief cites growth challenges

1h ago
Paul Smith

Gerd Schenkel says Australia's newest bank needed changes in order to scale up and flagged plans to found a new banking venture.

lifestyle

3 biking entrepreneurs who are changing Australian cycling

Why international tourists are flocking to Tasmania

Raphael, greatest of the artists

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