Last updated: September 12, 2017

TPG loses in NBN rollout

City-centric TPG Telecom is losing market share as the NBN rollout accelerates, according to investment bank UBS.

    Investor film exposes fraud

    Two Chinese men stand near a Chinese flag as they look out towards North Korea while visiting the Broken Bridge, in the Chinese border city of Dandong, in China's northeast Liaoning province on September 5, 2017. The Broken Bridge once connected Dandong and the North Korean town of Sinuiju, but was bombed by the US during the Korean war and now only reaches half way across the Yalu River. Russian President Vladimir Putin warned September 5 of a global catastrophe unless a diplomatic solution is reached over North Korea, but rejected US calls for more sanctions as "useless", widening a split among major powers over how to rein in Pyongyang. / AFP PHOTO / GREG BAKERSteven Russolillo, Vipal Monga

    US investors are using a feature film to expose fraud they allege occurs among companies in China.

      Eldorado may pull the plug

      FILE - In this March 9, 2013 file photo, demonstrators shout slogans during a protest in Thessaloniki, Greece as more than 10,000 people took to the streets to protest against a planned gold mine operation by Canadian company Eldorado Gold Corp. Eldorado Gold plans to suspend investment at its mines in Greece following what it says are government delays in the issuing of permits and licenses. Eldorado said in an announcement Monday, Sept. 11, 2017 it would continue maintenance and environmental safeguards but would make no further investment in three mines in the Halkidiki area of northern Greece and two projects in the northeastern province of Thrace. The banner in the middle shows the pictures of three former socialist ministers and reads "they signed the disastrous deal." (AP Photo/Nikolas Giakoumidis, File)

      Canadian mining company Eldorado Gold has threatened to suspend a major investment in Greece in 10 days.

        Banks sitting on $500bn ‘liar loans’

        GenericsMichael Roddan

        Australian banks underestimate the risks of a housing collapse thanks to $500 billion of ‘liar loans’.

          Lendlease leads build-to-rent

          Dan LabbadBEN WILMOT

          Lendlease has the jump on local players trying to enter the build-to-rent sector with a global pipeline of projects.

            Cruisers’ cone of silence

            Gavin TollmanLISA ALLEN

            From San Sebastian to Venice, ­locals are venting their frustrations at cruise-ship “ice cream tourists”.

              ASX 200 TOP GAINERS & LOSERS

              Company Name Price Change %Change
              Galaxy Resources Limited 2.37 +0.15 UP +6.7568%
              Orocobre Limited 4.26 +0.17 UP +4.1565%
              Seven West Media Limited 0.72 +0.02 UP +3.5971%
              Cleanaway Waste Management Limited 1.46 +0.04 UP +3.169%
              Santos Limited 3.95 +0.10 UP +2.5974%
              Independence Group NL 3.76 -0.17 Down -4.3257%
              HT&E; Limited 2.33 -0.09 Down -3.719%
              Western Areas Limited 2.71 -0.09 Down -3.2143%
              Beach Energy Limited 0.68 -0.02 Down -2.1429%
              News Corporation 16.69 -0.34 Down -1.9965%

              12:00AM AEDT

              Fees underpin Macquarie profit

              Major Bank Levy Bill 2017
              Michael Roddan
              Macquarie Group has flagged a rise in profit for the first half of the year on the back of stronger performance fees.

              Health insurers target young

              NIB Chief Mark Fitzgibbon
              Sarah-Jane Tasker
              Health insurers are looking to reinvent their approach to encouraging young people to buy their product.

              CBA faces huge capital call

              (FILES) This file photo taken on August 9, 2017 shows Commonwealth Bank CEO Ian Narev briefing media regarding the bank's full-year results in Sydney. The chief executive of Australia's biggest bank, the Commonwealth, will retire, the company said on August 14, 2017, amid pressure from regulators over alleged breaches of money laundering and terrorism financing laws. / AFP PHOTO / SAEED KHAN
              Michael Roddan
              CBA could be forced to hold billions more in regulatory capital after levels of risk-weighted capital fell.

              AGL rejects call to extend coal

              Andy Vesey
              Matt Chambers
              AGL Energy chief executive Andy Vesey says building coal-fired power stations is no longer ‘economically rational’.

              Rival bids for Ten ‘lineball’ call

              Ten Creditors
              DARREN DAVIDSON
              A second report into a sale process for Ten Network has revealed the decision was a lineball call.

              7-Eleven boosts fresh food offering

              7 Eleven
              Eli Greenblat
              The nation’s largest convenience store chain wants to be more than just a pit-stop for Slurpees and chocolate.

              A-Grade unit demand going strong

              REAL ESTATE
              BEN WILMOT
              Chinese developer Aqualand sold out $200m worth of apartments in two hours, proving the strength of the luxury Sydney market.

              KordaMentha stands firm on Ten

              The logos for Channel Ten are displayed on the roof of the network's building in Sydney on August 28, 2017. American broadcaster CBS has secured a deal to buy Australia's third-largest television network, Ten, the embattled station's administrators said on August 28. / AFP PHOTO / William WEST
              DARREN DAVIDSON
              Ten administrators KordaMentha have released a supplementary report to creditors following pressure from rival bidders.

              Origin in $190m Otway gas deal

              The Otway gas plant near Port Campbell.
              Samantha Woodhill
              Origin has inked a deal with Benaris to simplify ownership of its Otway Gas Project JV, ahead of plans to offload Lattice.

              Macquarie flags first-half lift

              A general view of a Macquarie Group building, in Sydney, Friday, Oct. 28, 2016. Macquarie Group managing director Nicholas Moore says the investment bank is on track to broadly match last year's record $2.06 billion profit despite a two per cent slip in half year profit. (AAP Image/Dan Himbrechts) NO ARCHIVING
              Robb M. Stewart
              Australia’s biggest investment bank has flagged a lift in first-half profit on the back of stronger performance fees.

              Kidman halted ahead of JV deal

              ATT>The Daily Telegraph . Business . Andrew Buxton from Kidman Resources .
              Samantha Woodhill
              Shares in lithium hopeful Kidman Resources have been halted ahead of the expected announcement of a deal with Chile’s SQM.

              Tabcorp eyes November tie-up

              Tabcorp Chairman
              Stuart Condie
              Betting and gaming giant Tabcorp has said it is confident of completing its $11bn merger with Tatts on November 1.

              APDC battle takes twist

              Tony Pitt; CEO of 360 Capital, in their Sydney offices.
              ELIZABETH REDMAN
              Folkestone Maxim Asset Management is considering calling a unitholder meeting to remove the target’s directors.

              Centuria raids Propertylink

              Centuria Capital
              BEN WILMOT
              A round of consolidation in the REIT sector has kicked off with Centuria Capital raiding the Propertylink register.

              Insurers seek radical surgery

              Private Health Insurance Round Table
              Sarah-Jane Tasker
              Australia’s top health insurers have put aside competitive rivalries to unite to push for healthcare reform.

              Toll taps experience

              Supplied Editorial Toll transport truck. Generic. Logistics. Travel. Picture: Toll Holdings Ltd
              Eli Greenblat
              Toll Holdings has strengthened its management team as the transport group stares down its $1.43 billion loss.

              Ethical Aldi lectures suppliers

              Aldi supermarket Kwinana
              Eli Greenblat
              Aldi is demanding Australian suppliers sign up to rigorous ethical sourcing programs and auditing regimes.

              Don’t pigeonhole firms: Stevens

              Glenn Stevens, Heather Ridout, Paul McClintock
              Damon Kitney
              Former Reserve Bank governor Glenn Stevens has lamented the ‘pigeonholing’ of big business in the economic debate.

              Cromwell roadshow to list trust

              Paul Weightman
              BEN WILMOT
              Cromwell Property Group is touring Asia to raise almost $2 billion to list a European property trust in Singapore.

              US storms boost Aussie dollar

              USA and Australian Dollar
              BEN WILMOT
              The Australian dollar is expected to remain near two-year highs as a super-sized hurricane slams into the Florida coast.

              Mirvac, Dexus win green plaudits

              Susan Lloyd-Hurwitz
              ELIZABETH REDMAN
              Two of Australia’s property heavyweights have been recognised for their commitment to sustainability.

              Banks ‘exiting wealth’

              Banks MP voting
              Ben Wilmot
              Australian banks are likely to exit their wealth-management businesses, according to MP David Coleman.

              Aust consumer data safe: Equifax

              FILE - In this June 15, 2017 file photo, credit cards are seen in Haverhill, Mass. Equifax, one of the three main credit reporting companies, said this week that a major data breach exposed Social Security numbers and other important information of millions of people. Hackers had access to Social Security numbers, birth dates, addresses, driver’s license numbers, credit card numbers and other information. Those are all crucial pieces of personal data that criminals could use to commit identity theft. (AP Photo/Elise Amendola)
              Eli Greenblat
              The Australian arm of Equifax has sought to distance itself from a major cyber security crisis engulfing its US parent.
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