Rio throws off $9.9b after wiping debt
How the mining giant's major dividend payout to investors was likely shaped by politics and a decade of prudence by management teams.
How the mining giant's major dividend payout to investors was likely shaped by politics and a decade of prudence by management teams.
Rio has lavished shareholders with a monster special dividend and given its growth prospects a much-needed boost by revealing an exciting copper prospect in Western Australia.
Kenneth Hayne will be happy with the ASX because the guidelines now align with the sort of philosophy espoused by him in his final report to the government published this month.
Fertiliser giant Nutrien is in the midst of a post-merger growth push aimed at getting as close to farmers as possible. Ruralco investors are the big winners.
Pakistan's air force shot down two Indian warplanes after they crossed the boundary between the two nuclear-armed rivals.
George Pell has been taken to jail after Australia's most senior Catholic was classified as a serious sex offender to be sentenced on March 13.
The trendy Melbourne suburb of St Kilda East suffered one of the biggest downturns in property prices last year, Domain Group says.
Rio Tinto has revealed plans to get greener after earning a tick of approval from activist investors behind Climate Action 100+ in the wake of its exit from the coal sector.
Vodafone chief executive Inaki Berroeta has urged the industry not to turn its back on the national broadband network, saying a solution to the broken economics of NBN retail must be found.
Gina Rinehart's Hancock Corporation has moved to take full ownership of the nascent coal miner Riversdale Resources, offering $591 million for the remaining shares in the company.
The corporate regulator is set to reveal if there's fraud occurring in mortgage applications and whether home owners are duped into taking out excessive loans.
Costa Group chief Harry Debney wants to save you from the disappointment of a mushy avocado.
Australian shares advanced on Wednesday despite a muted day of trading, with the benchmark index closing up 0.4 per cent.
Australian banks may divest their New Zealand subsidiaries following higher capital demands from the Kiwi central bank, according to top banking analysts.
The managers at Calirfornia's $42 billion WCM are not tech bears but they are moving on from both Amazon and Facebook in search of better opportunities.
A powerful surge in prices has flipped Chinese equities from the worst-performing shares in 2018 to the world beaters in 2019.
Magellan's new Australian share fund, overseen by boutique Airlie, is being marketed as similar to Perpetual before the investing pioneer's decline.
Kenneth Hayne will be happy with the ASX because the guidelines now align with the sort of philosophy espoused by him in his final report to the government published this month.
Fertiliser giant Nutrien is in the midst of a post-merger growth push aimed at getting as close to farmers as possible. Ruralco investors are the big winners.
It sounds like a dream. Deposits of only 2 per cent to take out a mortgage – not 20 per cent now demanded by banks. In Western Australia, it's become the reality for 50 per cent of all first-home buyers
This merger question has been on the minds of chief executives at global gold miners over the past six months, and the answer has been bigger is better.
Because Pell chose not to take the witness stand, the police interview was the jury's only glimpse of the defendant's reaction to the charges against him.
Labor says changes quietly introduced by Morrison government on the cusp of election campaign give Coalition MPs a $22 million war chest for TV ads.
Business and consumer groups have accused Prime Minister Scott Morrison of "nakedly political pork barrelling" and "an egregious lack of process" over $3.4 billion in energy announcements.
Analysts in China warn that Beijing latest trade move may be another sign of political retaliation against Australia.
Labor is willing to lose a string of regional seats as "collateral damage" because of its anti-Adani stance that is aimed at bolstering its chances in green inner-city seats.
Donald Trump's former personal attorney and fixer is prepared to depict his former boss as a liar and possible criminal who manipulated his financial statements
Pyongyang's push to attract foreign investment comes amid a tenuous de-escalation of tension with Washington.
Chief executives learning on the job is acceptable. Misleading markets is not.
Democrats painted an apocalyptic portrait of a lawless chief executive who is out to gut the Constitution.
A new rapid transit rail system is a small step towards fixing Jakarta's enormous congestion problem.
Housing bear LF Economics makes a scary call on house prices predicting a further 20 per cent fall just in 2019 but others disagree.
Adelaide retirees described the actions of Labor's Chris Bowen as similar to "a dictator in a third world country" over his retrospective franking plans.
Real incomes will barely grow over the next six years and living standards are destined for a slowdown, unless a wave of major economic reforms can unleash a productivity boom like in the 1990s.
A Sydney train guard's conduct was in the "extreme outer limit of offensiveness" such that "no amount of regret or apology can lessen the seriousness of the incident", Fair Work has found.
France will lift government spending on research and innovation to 3 per cent of GDP and it is focusing its attention on disruptive technology.
Women will never be equal unless they have the right to be as incompetent as men are.
Cardinal George Pell has been the most public and influential face of Catholicism in Australia, with friends in high office. Now he is facing a prison sentence.
The Heide Museum of Modern Art has used a crowdfunded $180,000 to snap up artworks and ephemera of the Melbourne-based artist ahead of an auction of her possessions.
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