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Clive Palmer's $4.6m gift to his wife is 'hardly wild', court told

Clive Palmer's $4.6m gift to his wife is 'hardly wild', court told

Clive Palmer is on an overseas holiday as his lawyers attempt to unfreeze more than $500 million of his assets.

  • by Warren Barnsley

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Ford moves to sell its Australian manufacturing plants
Commercial real estate

Ford moves to sell its Australian manufacturing plants

Ford Australia will sell its massive former plants in Geelong and Broadmeadows, bringing to a close more than half a century of Australian motoring history.

  • by Simon Johanson
No advertising on the ABC? Just head to YouTube
Media & marketing

No advertising on the ABC? Just head to YouTube

Big name brands are advertising around the ABC's content on YouTube.

  • by Jennifer Duke & John McDuling
'Netflix of sport': Foxtel boss unveils plans to disrupt its business
Media & marketing

'Netflix of sport': Foxtel boss unveils plans to disrupt its business

Foxtel chief executive Patrick Delany is intending to make the pay-TV platform a “Netflix of sport” as part of plans to keep up with the changing way Australians consume content.

  • by Jennifer Duke
Rio Tinto opts for $4.4b buyback to return coal sale proceeds
Mining

Rio Tinto opts for $4.4b buyback to return coal sale proceeds

Global miner Rio Tinto has opted to return $4.4 billion in proceeds from the recent sale of coal assets to shareholders via a share buyback.

Premier Investments profit falls 20 per cent on fashion write-downs
Retail

Premier Investments profit falls 20 per cent on fashion write-downs

The retail group wrote down the value of some of its fashion brands due to an "increasingly competitive" market, but pester power chain Smiggle continued to thrive.

  • by Patrick Hatch
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Coles, Woolies lift milk price to help drought-stricken farmers
Updated
Drought

Coles, Woolies lift milk price to help drought-stricken farmers

The supermarket giants have lifted the price of home-brand three-litre milk by 30¢ to $3.30 across the eastern seaboard.

  • by Melanie Beeby & Darren Gray
Telstra's power bill shock: Energy costs jumped by $200m in two years
Telecommunications

Telstra's power bill shock: Energy costs jumped by $200m in two years

Telstra chief executive Andy Penn is aggressively looking to mitigate energy costs that have slashed earnings by $200 million over the past two years.

  • by Jennifer Duke
Two men with grenades: Who'll be the first to pull pin in Myer fight?
Retail

Two men with grenades: Who'll be the first to pull pin in Myer fight?

At this point both Geoff Wilson and Solomon Lew are not declaring they are on opposite sides - but it won't be long before the civility breaks down.

  • by Elizabeth Knight
Tesla facing Justice Department investigation over Elon Musk tweets
Elon Musk

Tesla facing Justice Department investigation over Elon Musk tweets

The Department of Justice is investigating Tesla over statements its chief Elon Musk made last month about taking the company private.

Huawei 5G ban 'puts pressure' on pricing: TPG boss
Telecommunications

Huawei 5G ban 'puts pressure' on pricing: TPG boss

TPG Telecom chief executive David Teoh expects the government's ban on Chinese involvement in the construction of Australia's new 5G network will put pressure on prices.

  • by Jennifer Duke