Business

Latest Business News

Solomon Lew drastically stepped up his attack on Myer, threatening to call an  early general meeting to get board seats.

Myer chairman hits back at Lew's 'train wreck'

Myer's outgoing chairman says there would be no value in giving Solomon Lew seats on the department store's board, and has described the veteran retailer's meddling in the company as a "train wreck".

Australian shares are poised for a flat open.

Markets Live: ASX stalls as banks weigh

Shares are in a holding pattern as banks continue to ease ahead of their earnings results, while the Productivity Commission makes some bold calls on how to boost the economy.

Strategists aren't greeting gains in the ASX with joy.

Is the ASX set for a bear market?

Rather than celebrating the ASX's recent solid year-long run, strategists are questioning whether it will continue - and what to do if things turn sour.

Fletcher Building chairman Ralph Norris is in the hot seat after  losses in NZ construction market. Illustration: David Rowe

Fletcher Building in trading halt

Fletcher Building shares have been placed in a trading halt at the company's request, as the construction giant considers the financial performance of one of its key business units.

Small Business