Labor would push ahead with the higher top marginal tax rate because the initial surpluses would not be robust enough to ...

Labor to keep top tax rate of 49pc

The nation's top income earners face years of higher taxes under Labor after Chris Bowen pledged to maintain a 49 per cent top marginal tax rate until the budget was in strong surplus.

The oil and gas industry needs to win a "social licence" and align operations with community values.

No short cuts for NT gas producers

Northern Territory gas explorers have been left in no doubt that while the government wants to see onshore gas resources developed, there will be no short-cuts as it puts emphasis on the need for the industry to win a "social licence" and to align its operations with community values.

"ACCC is continuing to seek penalties which are high enough to deter anti-competitive conduct, particularly by large ...

Record $46m fine for cartel handed down

A Japanese car parts supplier has copped a record fine $46 million for colluding with a competitor when supplying wire harnesses to Australian Toyota manufacturers.

The official Australian Bureau of Statistics measure fell short of market expectations for a 0.6 per cent rise.

Slow wages to keep RBA on hold

A sluggish start to wages growth in early 2018 is raising speculation the Reserve Bank of Australia will keep the official cash rate on hold until well into 2019.

What makes a good fund manager?

David Paradice says good fund managers are people who want to "have a go" and they "don't want to necessarily get paid truckloads". Geoff Wilson isn't keen on novel readers.

Opinion

What makes a good fund manager?

David Paradice says good fund managers are people who want to "have a go" and they "don't want to necessarily get paid truckloads". Geoff Wilson isn't keen on novel readers.

Northern Australia Infrastructure Facility chief executive Laurie Walker is confident of hitting key performance ...

NAIF needs bigger fish than barramundi farm

The Northern Australia Infrastructure Facility is looking for a new chairperson as it tries to hit the Federal Government's target of allocating at least $300 million in concessional loans by June 30.

A South Korean fighter jet takes off during the Max Thunder exercise that was held with the US last year.

North Korean demand threatens summit

North Korea has thrown President Donald Trump's planned summit in Singapore into doubt by threatening to call off the meeting if the US insists on "unilateral nuclear abandonment".

Fallout widespread from failed Carillion

No one has emerged from Carillion's downfall with their reputation intact - including the UK government, regulators, Carillion's "self-pitying" board and the auditors who signed off the company accounts.

Malaysia's reformist icon Anwar Ibrahim has been freed from custody after receiving a royal pardon, paving the way for a ...

Malaysia's Anwar Ibrahim walks free

Malaysia's reformist icon Anwar Ibrahim has been freed from custody after receiving a royal pardon, paving the way for a political comeback following his alliance's stunning election victory.

Personal Finance

Lifestyle

William Robinson's Portrait of Ray Hughes sold for $10,200 including premium on an estimate of $8000-$12,000 at Shapiro.

Ray Hughes sale brings $1.46m

The auction of art and collectables owned by Sydney gallery owner Ray Hughes this week saw solid prices for works by better-known artists and respectable sums paid for lesser ones.