Glencore bows to climate lobby
The famously aggressive Swiss-based miner and commodities trader has been convinced to wave the white flag on growth, revealing a backflip on coal on Wednesday night.
Avoid being trampled by the business of politics
It's hard not to get trampled in the rush of politicians and regulators keen to show determination to protect hapless consumers from financial predators.
'Be very cautious,' Magellan's Douglass
"I'll reverse Chuck Prince from 2007," Magellan chairman Hamish Douglass said. "The music might be playing but it's not time to dance."
What we learned from today's profits
A2 Milk, a triumph of marketing and branding, hit a record high today and is now bigger than Lendlease, Caltex, AMP, Coca-Cola Amatil and Seek. It's now twice as big as Flight Centre and Harvey Norman.
Woolies' existential earnings problem
A tough quarter for Australia's biggest retailers appears to have elevated the issue of balancing short and long-term priorities to an almost existential question.
Travel company ties causing grief for Libs
Labor calls for investigation into Liberal donor's travel company's ties to MPs.
O'Dwyer takes parting shot at Cormann
Retiring cabinet minister Kelly O'Dwyer has used her valedictory speech again argue for the Future Fund to help run a low-fee super fund, in an overt rebuke to colleague Mathias Cormann.
APA on the prowl in US
APA Group chief executive Mick McCormack sees more scope for growth in the gas pipeline sector in the US than in Australia.
Grid needs smarter solar: AEMO
Australia's numerous rooftop solar panels need to be better co-ordinated to prevent solar generation being curtailed and to ensure they are benefiting the grid, AEMO head Audrey Zibelman said.
Woolworths 'over the hump', says CEO
Woolworths CEO Brad Banducci says the retailer needs to turn sales growth into profit growth to deliver better returns to shareholders.
Thorburn got 'harsh' treatment he deserved
Former NAB CEO Andrew Thorburn got a $1 million handshake but forfeited $23 million in performance rights. "In the strange world of executive pay, that's harsh treatment," Dean Paatsch said.
Domino's Pizza hits speed dial on new stores
Domino's is planning to open at least six stores a week over the next four months and is ramping up pizza checking technology to drive sales after a weaker than expected first-half result.
ASX slides on weak wages, earnings
Australian shares dipped on Wednesday as disappointing wage data and earnings pushed the local sharemarket lower.
Markets Live: ASX closes at 6096
S&P;/ASX 200 closes below 6100, Pact Group falls 17pc
S&P; 500 tilts bullish: BAML
The S&P; 500, which has advanced 11 per cent year-to-date, could be positioning for a broader bullish run, BAML said.
How the ASX looked before the bell
Australian shares are poised to open higher. Results expected from Woolworths, APA, Dominos, WiseTech among others.
Hedge fund with huge returns doesn't want your money
The key to getting monster-sized returns in mining equities is to be small, according to managers of the Plethora Precious Metals Fund.
Opinion
Henry keeps fingers in NAB succession
NAB chairman Ken Henry is wise to distance himself from the selection of a new chairman and CEO but his stubborn determination to remain involved is a mistake.
How Stokes is defying two key delays
The strong performance of Ryan Stokes' Seven Group looks even better when you consider that the company is dealing with two fascinating delays in its core industries.
ASIC sends enforcement message
ASIC's response should also been seen as a subtle push-back against Labor and other critics who have suggested the option of splitting the watchdog's enforcement function should remain on the table.
China and Australia dogged by tensions
No matter what happens to on-again, off-again trade wars between China and the US, the political relationship between China and Australia has already changed dramatically – for the worse.
PNG calls for Paladin investigation
Papua New Guinea Prime Minister Peter O'Neill has urged Australia to investigate the awarding of a $423 million Manus Island security contract to the "inexperienced and unknown" Paladin Group.
ATO tax avoidance crackdown nets $7.7b
The government is spending $679 million over four years on a tax avoidance taskforce. It has collected billions and changed behaviour.
Private sector wages rise most in 4 years
Private sector wages rose an average 2.3 per cent in 2018, the largest annual increase in four years, ABS says.
Thermal coal market collapse 'a good thing'
Labor has denied it is split over the future of Adani's $2 billion Carmichael mine, after senior frontbencher Richard Marles said the collapse of the global market for thermal coal was good.
Key Paladin questions remain unanswered
Home Affairs officials' selective and dismissive approach to disclosure is at the heart of deep-seated concerns around the $423 million contract awarded to Paladin.
Can Bernie Sanders re-create the magic?
Sanders is in a very different race than the one he nearly upended in 2016, when he was the only progressive in a tiny field led by Hillary Clinton.
Karl Lagerfeld dies at 85
Karl Lagerfeld, the couturier whose designs at Chanel and Fendi shaped an industry, has died prompting admiration for a man whose career spanned six decades.
South Korea's beauty industry now targets super young
South Korea's cosmetics industry is targeting girls so young they can barely read the packaging on products.
Trump says China talks have gone 'very very well'
Donald Trump once again signalled his willingness to extend next month's deadline on planned tariff hikes on Chinese imports.
Fund manager's arrest in Russia worries investors
For most of the past three decades, American private equity investor Michael Calvey has made billions by knowing how to play by the rules in Russia. Now he's sitting in a Moscow jail.
Personal Finance
The 7-step strategy this man used to retire rich at 30
Self-made millionaire Grant Sabatier retired early at 30 years old with a nest egg of $US1.25 million by using a seven-step strategy, which you can use for your own path to financial independence.
Full change ahead: AMP, Telstra and South32
AMP faces a long road to recovery after being caught out by the royal commission, Telstra is countering revenue holes with cost cuts and South32 is poised for more growth.
How to get more into spouse's super account
It's worth looking carefully at strategies to contribute and get a tax break, writes John Wasiliev who answers your questions on super.
Steve Cain fuels Coles doubts
For Coles, the breeze's change of direction has evidently been abrupt.
Uber urges workplace shake-up
The outdated workplace system is constraining Uber from offering better conditions the company claims in a submission to a future of work inquiry.
New Tax Practitioners Board boss is Ian Klug
Treasurer Josh Frydenberg has announced Ian Klug as the new chair of the Tax Practitioners Board, replacing outgoing boss Ian Taylor.
The migrants that go under the labour market radar
Australia puts a big premium on skilled migration, but there is a hidden service worker underclass that still struggles to integrate.
Lifestyle
Met Museum returns prized, stolen, Egyptian artifact
The prominent museum paid $5.5 million for the gilded coffin in 2017 and put it on prominent display until attorneys presented evidence it was looted in 2011.
