Packer quits Crown over 'mental health'
Billionaire James Packer has resigned as a director of Crown Resorts, due to mental health problems.
Billionaire James Packer has resigned as a director of Crown Resorts, due to mental health problems.
Myer has plunged to $476.2 million first-half loss and suspended its dividend after slashing the value of goodwill and brand names by $515 million.
If Labor wins the next election and manages to get its proposed reforms through the Senate, retirees may well think twice about holding big company stocks.
The S&P;/ASX 200 Index is poised to rise 7 points on Wednesday after Wall Street was firmer and markets readied for an imminent FOMC hike. James Packer resigns from Crown.
ANZ and Westpac will answer more questions at the Hayne inquiry today. Follow us live.
Labor is leaning towards exempting low-income pensioners from its policy to scrap franking credit refunds in order to head off a backlash from retirees.
Multiple investigations into Facebook's lax handling of user data have opened, wiping billions off data-rich tech firms.
NZ dairy giant Fonterra takes a $379 million write-down on its Chinese infant formula business and says CEO Theo Spierings will step down.
A senior strategist for UBS's global high conviction fund, designed to give high net worth Australian investors exposure to plum overseas stocks, talks about his top picks.
Rio Tinto chief Jean-Sebastien Jacques has ruled out a special payout prior to the miner's profit results in August.
Myer and Country Road are the first major Australian retailers to explore the latest way of separating shoppers from their cash, partnering with Instagram to trial shoppable posts.
Senior Rio executives had conceded by May 2012 that constraints on transporting coal out of Mozambique had delivered a "huge value loss".
Bullish investors are starting to show signs of fatigue though they remain stubbornly long global stocks.
Rougher seas lie ahead for technology stocks, according to trading in the derivatives market.
Rothschild Australia has eked out a small profit on the back of improved income from completed deals across sectors including oil and gas, energy and property.
Big Un Limited, the controversial ASX online video company, has confirmed that it was aware of chief executive Richard Evertz's 1994 blackmail charge.
Credit Suisse's bullish attitude to technology investment has worked well, but will Uber and Facebook's latest woes dent enthusiasm for tech stocks?
The latest documents in the SEC's case against Rio Tinto suggest the coal project was always going to be hard to pull off.
The damage to the social media network's reputation threatens what has been the hottest trade in global financial markets.
David Teoh has made the most of the slowdown in the NBN rollout as he – and the rest of the telco sector – wait impatiently for the arrival of 5G.
The ACTU has laid out an ambitious reform agenda on insecure work, with new rights for casuals, independent contractors and labour hire.
Pauline Hanson and Derryn Hinch say they will support company tax cuts if they can be assured it will lead to increased wages.
Branch stacking and voting manipulation is tearing apart the Victorian Liberal party, one of its top officials says.
Key crossbenchers have confirmed they are negotiating with the government to pass laws ramping up regulation of unions and officials.
A judge has accepted it's likely police documents support claims an investigation over Bill Shorten's donations was for an "improper purpose".
About 30 finance professionals well versed in bank regulations are urgently needed to help Finland prepare for the arrival of a global systemically important bank this year.
Police say a video from the Uber self-driving car that struck and killed a woman on Sunday shows her moving in front of it suddenly, a factor that investigators are likely to focus on.
President Donald Trump joined European leaders in congratulating Vladimir Putin on his re-election, adding that the two men would likely meet soon.
Unable to stand, and suffering from a string of infections in his advanced age, the world's last male northern white rhino was euthanised on Monday.
Nixon is expected to lean heavily on her star power and ability to draw media attention in ways that most traditional challengers could not.
If Labor wins the next election and manages to get its proposed reforms through the Senate, retirees may well think twice about holding big company stocks.
Westpac is set to use three leading global credit agencies to blitz 'liar loans' in response to government and regulatory pressure on lenders to boost loan scrutiny.
Lenders mortgage insurance has been identified by the chairman of the Productivity Commission as a sector that warrants further scrutiny, in more bad news for banks.
For the first time in BP's history, its US business will be led by a woman.
The ATAR – the academic ranking given to every student leaving school – is past its use by date.
Learning for its own sake yields both productivity and innovation boosts, but you've got to get the policy framework right first.
The AFR tracked down Brandon Evertz, the director of last year's hottest ASX stock Big Un, at a Sydney charity event.
The Formula One season kicks off in Melbourne on Sunday – without the grid girls.
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