Today's Business News & Views

Uber issue: Tom Wheeler said more than 100,000 individuals have received a payment for a ride-sharing service since 2015.

ATO warns 60,000 Uber and ride-sharing drivers

One-third of drivers involved with ride-sharing services such as Uber, Ingogo, GoCatch, and RideBoom, are yet to register for GST or to fully declare their income.

'Pleased': Martin Parkinson, secretary of the Department of Prime Minister and Cabinet.

Prime Minister's public servants lay down their arms

Prime Minister and Cabinet public servants finally agree to new workplace deal.

Bellamy's used the informal daigou channel as one of its major routes to market in China.

Daigou craze to hit ASX

EXCLUSIVE

As Chinese demand for Australian products hots up, a husband and wife team are hoping to raise $6m and IPO their daigou business.

"Consumers are becoming more educated about how much energy they consume," says AEMO's chief executive, Audrey Zibelman.

Surge in renewables to balance future energy equation

Renewable energy is seen supplying rising demand for electricity.

Concerned about changes: Students and parents outside Bourke Street Public School.

Parents fear price rises, quality cuts as Bain dominates after-school care

EXCLUSIVE

The traditionally community-owned before-and-after school care sector is under siege.

TV and radio stocks rally on licence fee cuts

A market rally for commercial television and radio stocks continues on Thursday following the government's decision to grant broadcasters an end-of-financial-year present of licence fee cuts.

Former Prime Minister Paul Keating has hit out at 'bludger' international companies operating in Australia.

Keating blasts 'bludger' international companies over taxation

Former prime minister Paul Keating has hit out at international companies operating in Australia who are not paying enough taxation, in a speech at a business lunch in Sydney.

More than 97 per cent of the shareholders at the general meetings in London and Sydney voted in favour of the offer.

Rio shareholders back Yancoal's $3.5b bid

Rio Tinto shareholders have backed the sale of the company's NSW coal operations to China's Yancoal for $US2.69 billion ($3.5 billion).

Law firm Slater & Gordon has been hit with a discrimination claim by one of its former employees.

Slater + Gordon's new lenders get first £250 million from action

Slater and Gordon's new lenders will get the first £250 million of any proceeds from its action against the UK company formerly known as Quindell.

The materials sector initially rallied on the back of commodity prices, which bottomed out in July 2016 before rising ...

Domestic woes to weigh on stocks in FY18

The 2016/17 financial year has very much been a tale of two halves, global market strategist at JP Morgan Asset Management says.

ANZ Bank chief Shayne Elliott said the bank had lowered its holdings of SA government bonds since the state announced a ...

ANZ Bank sells 'tens of millions' in SA bonds over state bank tax

ANZ Bank chief executive Shayne Elliott has warned South Australia would face higher borrowing costs if other banks lower their exposure to the state as a result of its bank levy, as ANZ has done.

Sales of new apartments in Malaysia are down 33 per cent in 2016 compared to 2015, according to REA.

Asian property slowdown to cost REA $180m

A government-induced housing market slowdown in Malaysia and Hong Kong has forced REA Group to announce a $180 million impairment in the value of its Asian business.

Standing down: Slater & Gordon chief executive Andrew Grech.

Slater & Gordon survival hinges on class action

A demand that legal action be settled means a survival plan for the law firm is hanging in the balance.

The fire at Hazelwood was difficult to fight.

Hazelwood operator to stand trial over 2014 mine fire

The operator of the Hazelwood coal mine will face a trial over the 2014 fire at the site.

Investors have leapt into risky assets this week.

ASX up 1.1pc as global mood shifts

Investors stormed into banks and miners, joining a global rally in riskier assets on hopes economic growth has picked up enough to withstand tighter financial conditions.

The new Target head office will open at the end of 2018.

Cedar Woods sells Target headquarters for $58m

Discount retailer Target may be struggling with sales, but a head office it recently leased for a 10-year period in Melbourne's west has sold to Centuria Property Funds for $58.23 million.

ASX winners and losers - a snapshot

The stand out listings traded on the ASX captured at key moments through the day, as indicated by the time stamp in the video.

Markets Live: Miners ride iron ore price

Shares have enjoyed a second session of strong gains as the surprise iron ore rally pushed miners higher and banks ran with an upbeat lead from US peers.

Somehow, he got a bill through: Education Minister Simon Birmingham was a hero this week, Harold Mitchell says.

New money for schools is great, now spend it well

Everyone can remember their favourite school teacher. Mine was my 5th grade teacher Miss Craig at Stawell State School Number 502.

"Enormously significant'. CPSU national secretary Nadine Flood

Thousands of new public service jobs

March of public service casualisation reversed. In one department at least.

Mohammed bin Salman rises to Crown Prince as oil falls

There are also concerns about the impact of a change of succession in Saudi Arabia on the oil market, David Pollard reports.

First home buyer 'tsunami'

There's a Gen X bulge of would-be first home buyers to maintain the housing demand. Michael Pascoe comments.

Qantas flight makes emergency landing

A Qantas Airbus A380 travelling to Los Angeles has been forced to divert to Sydney due to a technical fault.

Dick Smith was listed on the sharemarket by Anchorage Capital in late 2013 and collapsed in January 2016.

Private equity hungry for retail but investors lose appetite

Private equity has boosted its investment in Australian retail to more than $6 billion but investors are struggling to move on from the collapse of Dick Smith and underperformance of Myer.