![Over the next decade, the total defence spend could hit half a trillion dollars.](http://web.archive.org./web/20170709235414im_/https://www.fairfaxstatic.com.au/content/dam/images/g/u/l/4/h/1/image.related.wideLandscape.460x259.gx7v64.png/1499643039778.jpg)
The very expensive Abbott promise Turnbull is keeping
One of the legacies of the Abbott era could cost Australia $500 billion over the next decade.
One of the legacies of the Abbott era could cost Australia $500 billion over the next decade.
Australia's top-performing pension fund over the past three years is betting infrastructure assets will offer among the most reliable returns over coming decade
Shares are set to open higher, tracking Wall Street, which posted strong gains on Friday after jobs data.
Hostplus wants approval to invest 12 per cent (up from 10 per cent) of the fund's capital in infrastructure.
When Juliana Payne saw a photograph of eight finalists for the young chef of the year award, she thought there was something wrong with the image.
The public is getting its first look at Tesla's completed Model 3, more than a year after the electric car was first announced by chief executive Elon Musk.
Local sharemarket set to open higher as it looks to halt a three-day slide.
Treasury will continue to flounder and its influence wane until it switches its goal from smaller government to more effective government.
Park Orchards has a median weekly household income of $2660, which is $250 more than that of half of Toorak's households.
Juliana Payne has taken over the chief executive role at the influential industry association, Restaurant and Catering Australia.
Customers of ING Direct may soon be able to ask their "digital assistant" to check their bank balance, or tell a "chatbot" on Twitter to freeze a credit card that has gone missing.
Charities – like lots of businesses – have been suffering in the current economic climate.
Administrators of collapsed vocational education company Acquire Learning are investigating $25 million in loans to shareholders and a business run by managing director John Wall.
Australia's dominant hardware chain is expected to take advantage of the demise of rival Masters.
The end of cheap credit will cause major shifts in investor behaviour, undoing some of the habits learnt over a decade of central bank largesse.
A number of agencies have downgraded their forecasts on key Australian commodity exports, potentially posing problems for Australia's listed resource exporters.
Investor sentiment has been stoked by expectations that the Federal Reserve will lift rates again by the end of the year.
Cirque du Soleil has bought the Blue Man Group in a deal worth millions, as the Canadian company seeks to diversify its portfolio and expand its international reach.
India is considering selling state-owned Air India in parts to make it attractive to potential buyers, as it reviews options to divest the loss-making flagship carrier.
Elon Musk stole all the headlines with the announcement that Tesla's largest ever battery would be built 200 kilometres north of Adelaide.
New research is aiming to show the economic impact of Australia's creative industries, and the hot spots for jobs in that sector.
In a lifetime dedicated to consumer affairs, NSW Fair Trading Commissioner Rod Stowe has seen it all.
There are no hills in Tea Gardens, barely a single two-storey house and only 67 babies.
Volkswagen is starting from behind but the German carmaker thinks it can stop Elon Musk's car pioneer in its tracks.
Australia is set to become the world's largest exporter of gas but its level of resource tax transparency falls behind Burkina Faso, Cameroon and Mongolia, a new global report has found, as the country forfeits billions of dollars in tax to multinational mining giants.
Domino's Pizza franchisees say a new campaign promoting a no-questions-asked guarantee has led to a spike in unfounded complaints.
The administrators for the failed Topshop franchise in Australia are closing five of its nine stand-alone stores in a bid to save the local arm of the UK fast-fashion retailer.
A flight attendant had to break a wine bottle over the head of a man who lunged for an exit door and fought with other passengers during a Delta Air Lines flight from Seattle to Beijing.
US stocks rebounded from the biggest selloff since May after strong hiring data bolstered confidence in the American economy.
US job growth surged more than expected in June, potentially bolstering the case for a third interest rate hike this year.
The traditional world of nannies is being shaken up.
You can't do much to improve your intelligence but you can learn to think like a leader.
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