Markets Live: Aussie on a rampage
Shares trade flat and the Aussie dollar trades close to two year highs, supported by better-than-expected Chinese economic data.
Latest Business News
Nearly 20,000 Australians caught up in Bupa data breach
Bupa's international health insurance arm was hit by a malicious act in its UK office, putting the private information of almost 20,000 Australian customers in danger.
RBA afraid of blowing up 'housing powder keg'
The Reserve Bank will keep official interest rates unchanged until at least next year, says Deloitte.
Fair Work Ombudsman starts legal action against Dainty Sichuan
Popular Melbourne restaurant Dainty Sichuan allegedly paid employees $10 an hour while they worked 10 hour-plus shifts, seven days a week.
How 'MAGAnomics' can deliver for the US
Last week saw the launch of "MAGAnomics" - a new attempt to put the economy at the forefront of the American presidency.
US rates conundrum: Fed models say go but data say no
US Federal Reserve plans for gradual interest-rate increases hinge on inflation rising to its 2 per cent target, but it's not showing up and they don't know why.
8@eight: ASX set to open higher, $A firing
Wall Street's roll continues, setting up the local sharemarket for a positive start to the week.
Amazon moves raising eyebrows in Washington, Wall Street
Amazon.com's expansion plans are raising hackles in Washington - and Wall Street is taking notice.
House price growth to slow further but not crash: UBS
Economists at investment bank UBS are increasingly confident a "correction" is taking place in residential construction, led by a slowdown in the apartment sector.
Teaching too important to leave to teachers
The more we enhance our natural capital and our human capital, the better placed we're likely to be.
Why I love a Big Australia, and you should too
Migrants are like a fresh inflow of water into a stagnant tributary.
Fox-Sky Bid Approval May Go to 2018 as UK Mulls Next Step
Rupert Murdoch may have to wait until at least March 2018 before finding out whether the U.K. government will allow his 21st Century Fox to buy the rest of Sky Plc.
Banks warned tax would lift costs, but did it?
Investors do not appear to be forcing the major banks to pay more for wholesale funding as a result of the federal bank tax.
Gumtree pushing further into cars and jobs
eBay-owned Gumtree is celebrating its 10th birthday in Australia by focusing on the used car market and jobs.
Banks brace for 'unquestionably strong' rules
A key source of uncertainty having over banks could be removed as soon as this week, with the prudential regulator tipped to soon provide long-awaited details of its plan to make lenders more resilient to shocks.
Low inflation challenges Fed rate hike path
Low inflation will challenge plans by the US Fed to continue to lift rates.
Telecom Italia CEO exit linked to 50 million-euro package
Telecom Italia CEO Flavio Cattaneo’s negotiations to exit the telecommunications company he joined last year hinge on a 50 million-euro severance package.
Traders expecting resilient Chinese GDP
Global demand for Chinese goods should offset official curbs on property and debt.
Bolton's Molopo cash box raid will prove costly
Nick Bolton's ill-fated raid on listed cash box, Molopo Energy, is looking costly as ASIC prepares the forced sale of shares picked up by Bolton, and his associates, at a significant loss.
Exchange House could reap $130m for owners
The dash for high-end office towers has seen more than $4 billion worth of asset change hands along the Eastern seaboard in the past two months, triggered by the strength in the underlying leasing market.
Genting ditches The Star for massive bet on US expansion
Genting Group, a Malaysian gambling conglomerate which has just sold its stake in Australian casino operator, Star Entertainment Group, has announced major expansion plans in the US instead.
'Mum had no idea': Jenny trapped with $1m in loans
The Low family is facing an uphill battle against Suncorp bank over a loan that deemed to be "irresponsibly" lent.
Concern over next-generation pokies
A new style of "skill-based" slot machines is being investigated by Australian gambling authorities following their rollout across some of the biggest casinos in the world.
Lendlease's London Elephant leads the way
The tragedy of Grenfell Tower has sparked a national conversation about the country's housing crisis.
The easiest $50,000 you're missing out on
There's something strange about our relationships with our banks. We'll change supermarkets, even phone companies, but when it comes to our financial affairs, we're more faithful than Red Dog.
Aussie dollar surges to two-year high
The Australian dollar has leapt more than 1.3 per cent, to a two-year high, as weak data dimmed prospects for US rate hikes.
The signs stocks could be heading for a fresh crash
With central banks preparing to tighten policy around the world, the relentless rise in share prices is worrying many experts.
'It's almost embarrassing being an American': JPMorgan's Dimon
JPMorgan boss Jamie Dimon has vented his frustration with gridlock in Washington.
S&P; 500 hits record as inflation view turns iffy
US stocks and bonds rallied on Friday, with both the S&P; 500 Index and Dow Jones Industrial Average reaching new highs.
Techs power S&P; 500 to record
After erasing almost $US400 billion in value during the June selloff, the Nasdaq 100 Index has risen for six straight days.
Small Business
Elliatt doesn't have a single store in Australia but is opening 15 in China
The Australian fashion label is targeting China's emerging middle-class.
How your job makes you eat your feelings
Two donuts, a Nutella crepe, a large pizza, a bag of chips and half a tub of ice cream later.