PM should listen to, not lecture, energy industry

A clean energy target is vital if Australia is to have a reliable, affordable power supply while meeting its commitment to cut greenhouse gasses.

A $468 million boost for Rio Tinto's Pilbara blend

Rio Tinto has declared its $468 million Silvergrass iron ore mine in Western Australia open, with a ceremony at the site attended by company chief executive Jean-Sebastien Jacques and Western Australian premier Mark McGowan.

CBS buying Ten good for Australian TV, says Foxtel boss

American television giant CBS buying the collapsed Network 10 is unquestionably good for the Australian television industry, according to the boss of pay TV provider Foxtel.

'Parasitic practices:' Education provider slapped with $8m penalty

Disgraced education consultant Get Qualified Australia has been ordered to pay an $8 million penalty for "serious, extensive and deliberate" misconduct.

House Foxtel, Slayer of Pirate Bay and Protector of Copyright

Two chief executives enter, one chief executive leaves.

'Disappointing': ACCC loses landmark case against Medibank

The competition watchdog has been dealt a blow after the Federal Court threw out a landmark case against private health insurer Medibank over alleged misleading and deceptive conduct.

Fans watch Taylor Swift, as economists watch the fans

• ANALYSIS

Let's set the PR aside and think through the economics: Effectively, Swift is selling her tickets in an auction. But the currency is not money.

Trust in institutions eroded: Ken Henry

The erosion of public trust in banks is part of a wider decline in pubic sentiment towards large institutions, which will take a long time to rectify, National Australia Bank chairman Ken Henry says.

Bubs Australia flags capital raising

Just one day after releasing its annual results investor presentation, Bubs Australia has revealed it wants a cash injection from investors.

Infrastructure construction 'tsunami' to lift Boral

Building materials maker Boral has lifted full-year profit by 16 per cent to $296.9 million, helped by higher construction activity in Australia and improved earnings from its US operations.

Rio, BHP: Iron ore kings are spending billions again

Australia's biggest iron ore producers are spending as much as $US10 billion on mines to keep pumping out shipments to China.

Parramatta auto alley gets new life as $225m mixed precinct

Parramatta, the capital of western Sydney, is throwing down the gauntlet to the east, after the green light was given to a $225 million mixed-use project to revamp the rundown former Auto Alley in Church Street.

NBN thwarts Telstra's $5.5 billion plan

Telstra shares dived 8 per cent on early Wednesday after the telco giant was forced to drop a plan to raise $5.5 billion by selling income it receives from the government-owned broadband network.

ASX flat as Telstra's big dividend era ends

Shares wobbled on Wednesday as the ASX failed to join in on a region-wide rebound, weighed down by a sharp fall in Telstra as it traded ex-dividend.

Aussie dollar to hit US85¢ in 2018

CBA currency analysts believe a continued slide in the greenback could see the Aussie dollar push as high as US85¢ by the end of next year.

Markets Live: Telstra squashes ASX

Shares wobbled between gains and losses on Wednesday as the ASX failed to join in on a region-wide rebound, weighed down by a sharp fall in Telstra.

ASX winners and losers - a snapshot

On Wednesday, the Aussie dollar creeps toward US80c and Telstra shares fall over six per cent.

Santos to supply gas to southern Australia

Energy giant Santos has stitched together a deal to supply more gas into starved southern Australian markets that it argues should help solve shortages.

NBN throws a grenade under Telstra's $5 billion plan

• COMMENT

Telstra's recently mooted plan to deliver up to $4.5 billion back to shareholders - a plan that is only a couple weeks old - has been torpedoed by the National Broadband Network.

Citic warns battles with Palmer threaten mine's future

The Chinese conglomerate has warned it may suspend operations at its Sino Iron mine in Western Australia if it can't resolve legal disputes with Clive Palmer's Mineralogy over royalty payments and land access.

Dara Khosrowshahi embraces new role

The new CEO of Uber acknowledges the myriad challenges he faces but describes the job as the "€œopportunity of a lifetime."

$A eyes US80c as economic data surprises

The Australian dollar has jumped towards US 80 cents on Wednesday after building approvals and construction data were better than forecast.

Fashion victim Billabong dives to a $77 million loss

Surf and skate wear group Billabong says it became a fashion victim last year after failing to keep up with the Instagram generation's rapidly changing taste, and expects another tough year ahead.

Having just selected a new CEO, Uber faces next shock

Uber woes won't end. Ready to bed down its leadership crisis, the company is now fielding additional scrutiny from the US Justice Department over possible violations of laws against overseas bribery.

Clive Palmer's 11th hour bid to have judge recused

The businessman accuses a Queensland Supreme Court justice of bias.

Apple CEO takes bite at Trump

Tim Cook is the latest boss to criticise US President Donald Trump over his response to the white nationalist rallies in Virginia.

'Moral responsibility': Apple CEO gets vocal on politics

• ANALYSIS

There's a more nuanced version of Apple's story - and Cook's transformation of the company after taking over as CEO in 2011 - that has been lost amid the din of nonstop chatter about the company.

Ramsay's Australian arm boosts profit

​Ramsay Health Care has lifted full-year net profit 8.6 per cent to $488.9 million on the back of growth in admissions and procedural volumes across the company's Australian business.

8@eight: ASX set for positive open

• Sponsored

Calmer heads have prevailed once again in financial markets, setting up the local sharemarket for a positive open.