Business

Latest Business News

Myer's incoming chairman Garry Hounsell.

Myer chairman says 500,000 shares shows 'conviction'

Myer's incoming chairman has doubled down in support of the under-siege department store's turnaround strategy and board, saying his own investment of half a million shares proves his conviction that the company is on the right track.

Australian shares may extend their advance above the 5900 level this morning.

Markets Live: ASX rally stalls

A mixed performance from the big banks offset some solid buying in the telco sector as the ASX snapped an eight-day winning streak.

Put a job on Airtasker and no minimum wage applies. You can pay as little as the most desperate worker is game to ask.

Australia's minimum wage myth

The tricky truth is while there is still plenty of work that is regulated, at the margin there is no minimum wage.

Small Business