Teen who lost job over 'No' vote has grounds for legal discrimination claim

A Christian teenager who was sacked for saying on Facebook she would vote "no" for same-sex marriage is entitled to make a legal claim under discrimination law, legal experts say.

Tabcorp, Tatts $11b marriage questioned at the altar

• COMMENT

It's almost a year since Tabcorp launched its ambitious plan to buy Tatts and create an $11 billion gaming powerhouse.

Former Australian of the Year Simon McKeon is no sellout at Spotless

Former Australian of the Year Simon McKeon – the last remaining independent director at Spotless – is still holding out on the Downer-dominated board.

Groundhog Day on trade drags down expectations

• ANALYSIS

The latest press conference on free trade deal negotiations between Australia and Indonesia felt a lot like Groundhog Day.

Virgin chief's pay takes off after getting cash under control

Virgin Australia chief executive John Borghetti has been handed a multimillion dollar pay rise in return for making the airline cash flow positive for the first time in five years.

Seven Group buys out Coates Hire

Shares in Seven Group Holdings surged almost 10 per cent on Wednesday to close at $12.28 after the company announced it would acquire full ownership of the nation's largest equipment hire business, Coates Hire.

Sirtex pays penalty as investigation into CEO continues

​Troubled ASX-listed biotechnology group Sirtex has paid a penalty of $100,000 after allegedly breaching its continuous disclosure obligations to shareholders.

Tabcorp, Tatts merger derailed in Federal Court

• UPDATED

Plans for an $11 billion mega-merger of Australia's two biggest gambling companies have been dealt a devastating blow.

Apartment boom no threat to Sydney property prices: RBA official

Fears an apartment glut will spark a decline in Sydney property prices are overblown, according to a senior Reserve Bank official.

Opaque home loan pricing 'impediment' to competition: RBA

Unadvertised mortgage discounts make it harder to know if you're getting a good deal from your bank, holding back competition, the RBA says.

Adani coal spill shows it can't be trusted: green groups

Pollution of wetlands adjacent to Adani's main coal export port in Queensland is proof the Indian-owned company can't be trusted to operate a much larger operation should the Galilee Basin ever be opened up to mines, environmental groups said.

Reserve Bank: Economy has reached a 'turning point'

The Australian economy has reached a turning point, the Reserve Bank's assistant governor says, as the OECD lifts its forecast for global growth thanks to a co-ordinated economic recovery.

British Indian billionaire buys Aussie solar company ZEN

​Arrium's new owner, GFG Alliance, has acquired ZEN Energy to help power the Arrium steel and mining business.

Bonus bonanza for BHP chief as pay doubles to $5.7m

Bonuses pay off for BHP chief Andrew Mackenzie as he doubles his pay packet from last financial year.

ANZ tips two RBA rate hikes in 2018

ANZ Bank predicts the Reserve Bank will raise official interest rates by 0.5 percentage points next year as the economy gradually improves, with the first hike tipped for May.

Wesfarmers' Richard Goyder bows out $100 million richer

Wesfarmers boss Richard Goyder is going out on a high, taking home a record $12 million packet in his final year in the retail conglomerate's top job.

Don't pin banks for all 'serious crimes', bankers say

Banks should not be liable for all kinds of "serious crimes" committed through money being laundered in their institutions, Australia's peak banking body says.

Pumped up: many storage sites could eclipse Snowy 2.0

Australia has more than 22,000 sites around the country that could be suitable for pumped hydro storage, according to a study by the Australian National University.

BHP willing to head to court against ATO tax bill

BHP Billiton is willing to head to court to fight the Australian Taxation Office on a more than $1 billion tax bill over its Singapore marketing hub that's growing by the day.

ASX winners and losers - a snapshot

The stand out listings traded on the ASX captured at key moments through the day, as indicated by the time stamp in the video.

ASX sags as caution prevails ahead of Fed

The ASX pulled off early lows to end the day marginally lower, as investors braced for the outcome of a highly-anticipated meeting of US monetary policy makers.

Markets Live: ASX wilts ahead of Fed

The ASX sheds a handful of points, weighed down by the miners, after Donald Trump escalated his threats against North Korea and as traders wait for details from a Federal Reserve policy meeting.

Consequences of energy inaction are dire

Pull the trigger on gas, or face factory closures and job losses, Australian Competition and Consumer Commission chairman Rod Sims said.

Stayin' alive, and ugly: Crocs' billion-dollar comeback

Crocs, perhaps the most polarising shoe of our time, is making a comeback.

Market prices in two RBA rate hikes

The Australian market is pricing in two rate hikes by the RBA over the next 12 months, despite the bank calling the top of the iron ore cycle.

No shock turnaround as US Fed tightens easy money

Markets rocketed higher after the GFC as the US Fed unleashed quantitative easing, but now that's being reined in, markets are unlikely to slump.

Swim for your life

Intensive care specialist Dr Stuart Lane has an appetite for titanic challenges and the English Channel is in his sights.

'Last line of defence' launched to stop power blackouts

The Australian Energy Market Commission has released what it calls a "last line of defence" against blackouts that incorporates renewable energy generation.

Do we want 'old lady Liddell to run a marathon'?

• ANALYSIS

If Matt Canavan visits Liddell power station next month, there's a good chance staff will show the corroded pipes and fatigued metal that serve as signs its use-by date of 2022 is closing in.