Peru-Australia agreement a sign of negotiating weakness rather than strength

The government is hailing the free trade agreement with Peru as the fastest Australia has ever negotiated. There's a reason for that.

How they saved Dave: Worker sacked over undies protest wins back his job

Dave McLachlan was sacked for organising a protest where workers stripped down to their underpants. Now he's got his job back.

Amazon kicks off fashion attack on Aussie retailers

• EXCLUSIVE

The largest assault on Australia's retail sector in decades is about to begin.

ASX 200 breaks 6000, but where to now?

It has been a while in the making, but the ASX 200 has managed to push through 6000. However, with so much news now discounted and valuation rich, what is left to inspire? This video was produced in commercial partnership between Fairfax Media and IG Markets.

Canadian dairy heavyweight confident of Murray Goulburn buy

The head of Canadian dairy heavyweight Saputo believes that the company will acquire the distressed dairy processor Murray Goulburn and says a top priority is to lift the processor's annual milk volume to 2.5 billion litres.

Aussie infant formula companies ride the China boom

Chinese families visiting Australia are helping spread the message about Australian infant formula, and keeping the industry booming.

Miners, energy stocks weigh on ASX

The local sharemarket ended the week on a sour note but remained comfortably above the 6000-point threshold reached on Tuesday to hover around post-GFC highs.

Tabcorp anti-money laundering program was 'insufficient', judge says

Management at wagering giant Tabcorp "should have done more" to meet the company's obligations to combat money laundering and terrorism financing, a federal judge has found.

'Public should be shocked': judge clears banks' $100m settlement

The public should be "shocked, and indeed disgusted" by the behaviour of National Australia Bank and ANZ Bank, Federal Court Justice Jayne Jagot said as she approved settlements between the banks and corporate regulator.

Markets Live: ASX clings to 6000

Shares ended the week on a sour note but remained comfortably above the 6000-point threshold reached on Tuesday to hover around post-GFC highs.

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.

RBA cuts economic forecasts, will miss inflation target

The Reserve Bank has cut its forecasts for economic growth by 25 percentage points and is on track to miss its inflation target four years in a row.

Tabcorp management 'should have done more': judge

The management of gambling giant Tabcorp should have done more to ensure the company was meeting its anti-money laundering and counter-terrorism financing obligations, a Federal Court judge has said.

Something's gone badly wrong with teaching

• COMMENT

Australia's education and training system fails to provide youth with the skills they need.

Dodgy car dealers busted winding back odometers

Dodgy Sydney car dealers busted winding back odometers have been jailed and forced to pay compensation to their victims.

Will Murdoch lose his crown?

• COMMENT

It is now hard to imagine that the Murdoch empire won't look radically different in a year.

Meriton 'deceptive' in blocking guests' bad reviews

One weekend at a Meriton serviced apartment block in Queensland, guests had no hot water, had power outages, and put up with "excessive" construction noise.

Appalled shoppers take aim at 'raunchy' lingerie store advertising

A petition calling for controversial lingerie brand Honey Birdette to remove "raunchy" advertising from Westfield stores around Australia is gaining traction online.

Courrt approves Ten takeover

Administrator Mark Korda sees a bright future for the Ten Network under US media giant CBS.

Hasty rate hikes could trigger housing crash, UBS warns

As property prices come off, but wages fail to grow, people are much more sensitive to interest rate hikes, says UBS.

Gurner and Smorgons to launch apartment complex

Developer Tim Gurner is set to launch a luxury Melbourne apartment complex in a joint venture with a branch of the wealthy Smorgon family.

CBS gets court approval for takeover of Ten Network

US media giant CBS's $41 million takeover of the Ten Network will proceed, with a court approving the transfer of all shares in the embattled free-to-air network to the American company.

Is Australia's power grid safe from hackers?

Cyber attacks have labelled the number one threat to power and utility companies worldwide, a new EY report has found.

One of the world's biggest miners is about to go coal free

Just five years ago, it would have been almost unthinkable that one of the world's biggest mining companies would not dig any coal. It's now likely to become a reality.

Essendon Fields in fight with government over land tax

Trucking magnate Lindsay Fox and property veteran Max Beck have been underpaying land tax at Essendon Airport, a site they lease from the federal government in Melbourne, court documents allege.

Digital real estate, lower costs buoy News Corp

News Corp has reported a better than expected quarterly profit, driven by a tight control on expenses and growth in revenue across all its businesses.

Neocons on the mat, but don’t write off the market

Something funny happened on the way to prosperity.

You're probably getting paid better than you think

Whether our jobs pay us fairly matters a lot less to us than how well we feel we're getting paid, a new survey has found - and because we're in the dark about why, exactly, we're paid what we are, most of us think we're getting underpaid.

Why Bitcoin's bubble might not burst just yet

• COMMENT

With a rise in value from $US6000 to $US7000 in a mere 13 days, experts predict its ascent can't last - but are they right?