Apple juices Wall Street as indexes climb for another week

• 31 mins ago

A surge in shares of heavyweight Apple helped push up major Wall Street indexes on Friday, as investors also assessed a mixed US labor market report.

Clock is ticking: Myer chief running out of time

• COMMENT
• 48 mins ago

Myer boss Richard Umbers probably has another six months to demonstrate that his plans to transform Old Myer to New Myer are working.

'It will hurt': The age of easy money is nearly over

After flooding economies with money, key central banks will start turning off the tap.

Crane numbers soar to new heights in Melbourne

Crane numbers in Melbourne reach record levels amid surge in residential and commercial development.

NAB's cuts raise pressure on rivals to slash costs

Deep job cuts at National Australia Bank are raising the pressure on rival lenders.

Weeding out weaklings in pot stock sector

There are mixed performances in pot stocks, but the industry has investors enthralled.

What happens next at Myer is out of Lew's hands

Solomon Lews' plan to a get his voice heard in the company's board room will depend on shareholders who control the other 90 per cent of Myer.

International unions threaten push for trade sanctions against Australia for AWU raids

International unions have threatened to lobby their governments for trade sanctions against the Australian government in response to last week's Australian Federal Police raids on Australian Workers Union offices.

Financial dispute referee has become a political football

• COMMENT

The Turnbull government’s proposal to create a one-stop-shop ombudsman for financial disputes is in strife after politics got in the way.

Let me explain before some One Nation-type gives you her version

• COMMENT

The latest report on government spending on Indigenous people makes shocking reading. So let me explain it to you before some One Nation-type gives you her version.

Bubs Australia continues to grow, with $84 million deal after 'smooth courtship'

The infant food and formula company Bubs Australia has inked a deal valued at about $84 million that will guarantee it exclusive supply from the country's biggest goat milking herd.

Punters tipped to spend half a billion on Melbourne Cup Carnival

As the Melbourne Cup carnival heads into its busiest week - starting with Derby Day, ending with Stakes Day - the one exceptional difference for bookmakers is that, right now, they are ahead of the punters.

Fashion designers Dolce & Gabbana are now selling pasta

The chiffon dress with the pasta print should have been the tipoff.

ASX hits two-and-a-half-year high

The Australian sharemarket extended its hot streak this week to close at the highest since 2015 amid a busy schedule of corporate updates.

Markets Live: ASX hits year's high

More support for resources stocks and gains in the big banks help the ASX reach its peak for the year and its highest since 2015.

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.

'Time is ticking': Tesla's Elon Musk in 'eighth hell'

The latest setbacks with Tesla's new Model 3 lengthen the wait for hundreds of thousands of customers and extend the payoff period for the billions of dollars the company has spent to expand.

The 'Jay' curve: why the world is embracing Jerome Powell

• COMMENT

Look for the financial markets, as well as the global system as a whole, to welcome and embrace Powell's nomination because he reduces the risk of monetary-policy discontinuity and offers the prospects of keeping the Fed as an anchor for financial stability amid considerable global uncertainties.

Treasury sees 'brutal reminder' of GFC as retail sales fall

Treasury secretary John Fraser has slammed politicians for being out of touch with the struggles of everyday Australians and blamed "extraordinary political instability" for a lack of consistent economic policy.

'We will not accept this': The big problem with the vision for Sydney

Where will we house 2.1 million new residents? Easy: In ''the suburb next door''...

Health insurer ordered to return $620,000 to customers after 'moving goalposts'

Australian Unity will return $620,000 to policyholders after it made changes to dental benefits that it promised it wouldn't make.

The Reserve Bank to take centre stage

With the Reserve Bank meeting on Tuesday and releasing its Statement on Monetary Policy on Friday, traders will be keen to hear their view on the domestic and international economy. This video was produced in commercial partnership between Fairfax Media and IG Markets.

Myer slashes growth targets

Myer has slashed growth and profit targets, blaming deteriorating economic conditions. But former chairman Solomon Lew says the board and management are actually to blame.

Glittering skyscraper plans fall over, buyers refunded

At least 581 apartment buyers have been left in the lurch after a Singaporean developer pulled the plug on a glittering 71 storey Melbourne tower following a long and bitter legal battle that undermined the project.

AirAsia issues $500,000 in refunds after overcharging

Budget airline AirAsia is issuing at least half a million dollars in refunds, having wrongly charged a departure tax for child passengers on some flights since 2010.

The ominous sign at Amazon's new Australian warehouse

There is a sign outside the first Australian warehouse for Amazon which says in enormous letters "Welcome Amazonians. It's still day one! Are you ready to make a difference?"

Nutella-maker Ferrero turns to Australia for hazelnuts

Chocolate makers' dependence on hazelnuts from Turkey has sent Ferrero searching for new suppliers in places like eastern Canada, Chile and south-western NSW.

Hotels hit straps as long-time owners cash out

Generational change and booming property values are hitting pub ownership as hotels without underpinning pokie machine income or trendy destinations face an uncertain future.

Gina Rinehart pays herself a $587m dividend as Hancock doubles profit

Gina Rinehart's private company doubled its net profit to more than $1.07 billion and unleashed a cash bonanza for its owners with a $767 million dividend.