TV and radio stocks rally on licence fee cuts

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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.

Keating blasts 'bludger' international companies over taxation

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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.

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).

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 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.

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.

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.

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.

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.

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.

Prime Minister's public servants lay down their arms

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

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.

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.

Spotlight Group sells $50m Box Hill haberdashery

The Spotlight Group has sold a permit-ready development site in central Box Hill, which was listed with a price guide of about $50 million.

Qantas Airbus diverted due to technical fault

Passengers on an LA-bound Qantas flight had an unexpected stopover in Sydney.

'Completely wrong' and 'stuffed up': The problem with schools and universities

This week we take a deep dive into the national education debate to reveal what really needs to be done to improve our schools and universities.

The important questions the census didn't ask

• COMMENT

Some of the census questions are next to useless.

Cleanout: Slater and Gordon boss, board to go

Slater and Gordon boss Andrew Grech has resigned and the board will be cleaned out in a restructure of the embattled law firm that passes almost full ownership to its lenders.

Electronics store operator sentenced to jail after contempt of court

The former operator of two online electronics stores has been sentenced to three months in prison.

Job vacancies jump 1.7% in May quarter

Private sector job vacancies rose 1.5 per cent to 170,500, and public sector vacancies rose 3.2 per cent to 18,700.

'Pharma bro' Martin Shkreli arrives at court

Former drug executive Martin Shkreli enters a US federal courthouse for the first day of his trial on charges he ran a Ponzi scheme that defrauded investors.

What is the future of business?

Technology is reshaping the digital economy and if today's entrepreneurs don't embrace machines, platforms, and crowds, they will be left behind by the ones who do.

'He was born this way': Shkreli's attorney defends 'weird genius'

Prosecutors say Martin Shkreli, known as 'Pharma Bro', is a conman who told 'lies on top of lies'. But his attorney says he's a weird genius, who shouldn't be convicted for his lack of people skills.

US unveils new airline security measures

US Homeland Security Secretary John Kelly unveils enhanced security measures for foreign flights arriving in the US.

Tax time: top work-related expenses ATO's eyeing

Higher-than-expected tax deductions relating to cars, travel, clothing, internet and mobile phones, and self-education expenses are among the top claims the tax man will be keeping a close eye on this tax time.