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The iconic Beach Hotel has been sold for $70 million to Melbourne fund manager, Impact Investment Group

Byron Bay's Beach Hotel sells for $70 million

Melbourne-based Impact Investment Group has paid $70 million for the Byron Bay Beach Hotel, once owned by John Cornell, known as ''Strop'' in his television days on the Paul Hogan show.

ASIC is examining how credit card balance transfers affect consumer indebtedness.

Regulator takes aim at 'debt traps' in $50b market

The corporate regulator has launched a detailed review of the $50 billion credit card market, to assess whether banks are deliberately targeting interest-free deals at customers who are likely to end up paying much higher rates of interest.

The Edna May gold mine in Western Australia will soon be out of the Evolution Mining portfolio.

New WA tax doesn't dent $90 million gold mine deal

Australia's second biggest gold miner, Evolution Mining, has managed to ride out a hike in mining royalties to strike a complicated deal to sell the Edna May gold mine in Western Australia for up to $90 million.

The ASX looks set for a modestly upbeat start to the week.

Markets Live: Banks bolster ASX

Strong appetite for the banks on Monday bolstered the ASX with investors taking their lead from a record-breaking Friday night on Wall Street.

China's consumer confidence is at high levels.

Why are China's consumers so confident?

If you only read the headlines – or, say, my columns – you might be pessimistic about China's economy. Yet consumer confidence is booming.

Employment generic.

Wage suppression to cost workers $100 billion

Wage fraud, wage freezes, cuts to penalty rates and companies scrapping enterprise agreements will reduce the retirement savings of millions of workers by $100 billion by the time they retire, a report has found.

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