Business
Companies
CBS buying Network 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.
- by Patrick Hatch
Latest
Fans watch Taylor Swift. Economists watch the fans.
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.
- by Scott Duke Kominers
Rio, BHP, Fortescue plan to spend billions to expand iron ore mines
Australia's biggest iron ore producers are spending as much as $US10 billion on mines to keep pumping out shipments to China.
- by Rebecca Keenan and David Stringer
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.
- by Carolyn Cummins
Citic warns battles with Clive Palmer's Mineralogy threaten its WA 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.
- by James Regan
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.
- by Patrick Hatch
E-commerce boosts demand for industrial property
The rise in the use of online shopping has led to a boom in demand for industrial property with take-up of warehouse space likely to hit record levels by the end of the year, according to JLL.
- by Carolyn Cummins
Clive Palmer's 11th hour bid to have judge recused
The businessman accuses a Queensland Supreme Court justice of bias.
Ten shareholders calling for class action and compensation
Ten's retail shareholders are calling for a class action or regulatory investigation into boardroom secrecy ahead of the broadcaster's administration, as it becomes clear they will be completely wiped out by the deal KordaMentha and PPB Advisory have struck with US broadcasting giant CBS.
- by Lucy Battersby
Caltex soaks up service stations as franchisees are caught out underpaying staff
The proportion of corporate stores run by Caltex has leaped up as the company discovers wage fraud amongst its network of franchised service stations.
- by Mario Christodoulou
Sydney hotels 'standout performers'
Sydney's hotels have been "standout performers" this year, but a surge of new hotels in Melbourne has reduced occupancy levels in the southern capital.
- by Simon Johanson, Carolyn Cummins