Billion-dollar writedowns pile up as companies analyse US tax bill
Hours after the bill signing, announcements started to roll in from some of the world's biggest companies - with some spectacular numbers.
Latest Business News
Europe's last dictator wants to be its cryptocurrency king
Belarus President Alexander Lukashenko is making a bid for a shiny new image as the continent's freewheeling cryptocurrency king.
Yes, Apple's record comes with an asterisk
Apple's numbers are still spectacular - but they don't look quite as awesome when you take a really long-term view.
'We don't expect a lifeline': House prices tipped to fall in 2018
Australia's housing market is expected to continue to weaken during 2018 as tighter lending restrictions from banks start to bite.
Laundry cartel case against Cussons folds
The Federal Court has dismissed a cartel behaviour case brought against laundry detergent manufacturer Cussons by Australia's consumer watchdog.
Surfstitch CEO leaves troubled retailer
Troubled online sport apparel retailer Surfstitch, which slipped into voluntary administration four months ago, no longer has a chief executive.
This was the best-performing Australian stock this year
Listed electronics retailer Kogan.com was the best-performing stock on the ASX All Ordinaries index in 2017, with an annual gain of more than 300 per cent.
Bitcoin plunges below $US13,000, heads for worst week since 2013
Bitcoin plunged below $US13,000 on Friday after losing around a third of its value in just five days.
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- 01:32
Bitcoin heads for worst week since 2013
The cryptocurrency plunged below $13,000 after losing around a third of its value in just five days.
- Video duration
- 01:32
Bitcoin heads for worst week since 2013
The cryptocurrency plunged below $13,000 after losing around a third of its value in just five days.
- Video duration
- 01:43
Ryanair hit with first ever pilot strike
Pilots at low-cost Irish airline Ryanair have held a four-hour walkout - one week after the carrier gave up its long-held opposition to recognising unions.
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- 01:53
Brexit Britain feels the pinch
British households turned increasingly cautious in the three months to September as they raised their spending at the slowest annual pace since 2012.
'We worked like slaves and no one cared': 7-Eleven worker
When 7-Eleven chairman Michael Smith bragged about the lengths the franchise giant had taken to compensate thousands of underpaid foreign workers, he failed to impress underpaid workers Manish and Anshu Mehra.
Inside Facebook's crusade against fake news
An earnest and serious effort is under way inside the social media giant to kill fake news. But it might be futile.
'Tis the season for desktop shopping
A shift to online shopping has seen Australia Post process a record volume of parcel deliveries this week.
Work on getting 'battle ready' while everyone else works on their tan
There is nothing like a half-empty office, vacationing clients and near-empty roads to make going to work a joy.
We'd be mugs to panic and cut our company tax rate
The Americans' decision to drop their company tax rate to 21 per cent from the start of next year is unlikely to overcome our Senate's resistance to cutting our company tax rate to 25 per cent for big business. Which is no bad thing.
Virgin Australia vies for new routes to London with Virgin Atlantic
Virgin Australia is working on a new code share agreement with its British cousin that would open up new routes for it to the United Kingdom.
CFMEU blasted for using members' money to pay millions in fines
Australia's largest construction union has faced a scathing courtroom rebuke over its long record of lawlessness and disregard for members' funds.
Investors add BHP shares to their Christmas stockings
Shares in the world’s largest miner, BHP, have hit their highest closing price in 31 months and are moving closer to the $30 mark.
ASX rallies into Christmas break
The ASX ended the last session before the Christmas break on an upbeat note, with traders choosing to pick up energy companies and miners ahead of the holiday.
Markets Live: ASX in party mode
The ASX ended the last session before the Christmas break on an upbeat note, with traders choosing to pick up miners and banks ahead of the holiday.
Hole in Donut King owner's earnings could get bigger, analysts warn
The franchisor of the Donut King, Gloria Jean's and Brumby's chains could suffer an even deeper fall in earnings, analysts predict.
Myer and Ten: 2017's two epic corporate battles
Myer versus Solomon Lew still has a way to run. CBS versus Lachlan Murdoch and Bruce Gordon for control of Ten Network had the strangest outcome.
Bill shock: Smaller energy retailers attract most consumer ire
Complaints about electricity and gas bills are unlikely to fall any time soon as consumers brace for skyrocketing energy prices this summer.
Sydney Airport prepares for busiest days of the year
If you thought you'd beat the rush at Sydney Airport by getting away on Friday, you're in for a shock.
American Express faces customer challenge over credit card surcharges
American Express is facing a legal challenge from a customer over credit card surcharges that are imposed by retailers.
Questions raised over company that made Australian James Gilbert a paper billionaire
US regulators are taking a closer look at the company that made a paper billionaire out of Australian James Gilbert.
Dangers in Scott Morrison's corporate tax argument
Scott Morrison's warning that as Australians loaf about on their summer holidays, companies headquartered overseas would be fixing to scarper because of our uncompetitive company taxes, was either political hyperbole, or a clear and present danger to prosperity.
'End of an era': Wesfarmers moves closer to coal exit with $700m sale
New Wesfarmers boss Rob Scott has struck his first major deal since taking the reins last month.
Small Business
Business boost for Indigenous entrepreneurs
Aboriginal entrepreneurs from 30 businesses are being funded to attend the Melbourne Business School in a partnership between Mastercard and First Australians Capital.
Why do so many young people chase their uni dream then squander it?
We must help committed Year 12 students to maintain the ethos and engage on campus.