Tax cuts are already in the budget: Cormann

Mathias Cormann has pushed back at suggestions the government cannot afford income tax cuts by pointing out its long-term budget projections already have them factored in.

Evolution chairman Jake Klein says it is important for the mining industry to "regain the high ground in the debate of ...

Miners facing social headwinds: Klein

The resources industry needs to stem eroding community support or risk becoming a "politically acceptable target", Evolution Mining executive chairman Jake Klein says.

Weighing heaviest on the ASX on Monday was a 1.9 per cent slide in Telstra.

ASX dragged lower by banks

The local sharemarket closed weaker on Thursday as investor appetite for resources stocks failed to offset selling in banks.

Opinion

The foreign policy white paper, to be released by Foreign Minister Julie Bishop, urges the US to remain engaged in Asia.

Alarm bells ring on China's rise

The Turnbull government is warning that China's increasing belligerence calls for stronger efforts to maintain America's presence in Asia.

Emmerson Mnangagwa, the military-backed politician whose allies ended Robert Mugabe's 37-year rule over Zimbabwe, will ...

Zimbabwe to swear in Mnangagwa on Friday

The military-backed politician whose allies ended Robert Mugabe's 37-year rule over Zimbabwe will be sworn in as the new president on Friday, the speaker of the country's Parliament said.

Personal Finance

Coca-Cola Amatil's shares hit their lowest since mid-2008 on Thursday.

CC-Amatil dives to lowest since 2008

Coca-Cola Amatil's shares hit their lowest level in almost a decade after the drinks distributor warned its earnings will be impacted by $40 million of spending.