- AAP•11 minutes ago
Senators to dig for detail in energy plan
The Turnbull government will be under further pressure to explain and sell its new energy policy when parliament resumes this week. The opposition is not expected to let the issue go when the House of Representatives sits, while senators get to grill public servants environment and energy government
- AAP•4 hours ago
Aussie market expected to lift on Monday
A reasonably positive opening is expected on the local markets on Monday after Wall Street hit record closing highs on Friday. "I suspect the market will open up, the US moved higher on Friday as did Europe," AMP Capital's chief economist Shane Oliver told AAP. US stocks were boosted
- AAP•18 hours ago
Qantas flight to US turned back to Sydney
A Qantas flight bound for San Francisco had to return to Sydney after a mid-air technical issue, and passengers spent three hours on the tarmac before the plane was able to take off again. The QF73 was was forced to turn back just 90 minutes into the flight to San Francisco on Saturday, a Qantas spokeswoman
AAP•yesterdaySpanish PM to halt Catalan separatists
Spain's prime minister says his government will unveil specific measures to halt Catalonia's independence bid but refused to confirm if that included plans to hold a regional election in January. The opposition Socialists are supporting the conservative government's effort to rein in the
AAP•yesterdayPM-elect to focus on NZ wages, poverty
New Zealand prime minister-elect Jacinda Ardern says homelessness, child poverty and having wages that match inflation would be some of the new measures for the new government. Speaking in her first sit-down interview, on TV3's The Nation, Ms Ardern says New Zealanders are not feeling the benefits
AAP•yesterdayTerrified Packer had $5b of debt: report
One of Australia's richest men, James Packer, has reportedly revealed he once had more than $5 billion of debt in his two biggest companies. The gaming tycoon held more than $3 billion of debt at Crown and $2.3 billion of debt in his private company Consolidated Press Holdings two years ago. "
AAP•yesterdayBritain's May wins Brexit reprieve
British Prime Minister Theresa May has won a modest reprieve in stalled Brexit talks, with European Union leaders signalling their readiness to move the negotiations forward in the coming months. EU leaders said on Friday at a summit in Brussels that they would begin preparations to move into "
AAP•yesterdayHolden says it has a bright future
Holden says it will remain a leading player in Australia's auto sector for many years despite the end to local vehicle manufacturing. The company closed its Elizabeth assembly facility in Adelaide on Friday, with the last Commodore rolling off the production line to a mix of tears and cheers from
AAP•2 days agoCrowns blasts Wilkie over casino claims
Crown Resorts has labelled a politician's claims the casino giant rigged pokie machines and let gamblers get around money laundering laws as "deeply offensive" and "political games". The company's executive chairman John Alexander has written a scathing open letter daring
AAP•2 days agoAust share market highest since May
The Australian share market index has closed at its highest level since May this year as the improved potential for US tax cuts and a turnaround in iron ore futures lifted sentiment. The benchmark S&P/ASX200 ...
- AAP•2 days ago
The business week in numbers
Shares in Crown Resorts hit an eight month low and the unemployment rate fell too. Here are some of the numbers that grabbed attention - or should have - in the business world this week. MONDAY: 70.6 per ...
- AAP•2 days ago
Holden hails last car the 'best ever'
It's red with a V8 engine and Holden believes the final Commodore to roll off its assembly line in Adelaide is the best car it has produced. Director of manufacturing Richard Phillips drew links between the last car and Holden's famous first model, the 48-215 produced in 1948. "Sixty-nine
- AAP•2 days ago
CBA may fire staff who underperform: Chair
Commonwealth Bank chairman Catherine Livingstone says staff could be fired if the lender finds any further evidence of serious misconduct. CBA executives forfeited short-term incentives and the board imposed a 20 per cent reduction in its 2017 directors' fees, amid allegations the bank breached
- AAP•2 days ago
Lack of vision important to Holden demise
When Holden made the decision to quit car manufacturing in Australia in 2013, it said it had been hit by a "perfect storm" of unfavourable economic conditions. A high Australian dollar, high production costs, a small domestic market and increasing global competition, combined with the coalition
- AAP•2 days ago
Telstra AFL app customers offered refunds
Telstra has offered refunds to some subscribers of its AFL streaming service after the consumer watchdog raised concerns about the telco's disclosure of the size of its viewing screen available on mobiles and tablets. The consumer watchdog says Telstra in January introduced a screen-size restriction
AAP•2 days agoHolden closure ends Aussie auto industry
Holden on Friday rolled its last Commodore off the assembly line, ending almost 70 years of vehicle production in Australia and more than 50 at its Elizabeth facilities in Adelaide's north. It's demise as a car maker follows similar shutdowns by Mitsubishi in 2008, Ford last year and Toyota
- AAP•2 days ago
Ansell steady on earnings guidance
Protective gloves and clothing supplier Ansell says growth momentum from 2016/17 has continued into the first three months of the current financial year. The company has maintained its guidance for underlying earnings per share from its continuing businesses of 91 to 101 US cents in fiscal 2018. Adding
- AAP•2 days ago
Ansell maintains earnings guidance
Protective gloves and clothing supplier Ansell says growth momentum from 2016/17 has continued into the first quarter of the current year and has maintained its earnings guidance. Ansell says it expects underlying earnings per share from its continuing businesses of 91 to 101 US cents in fiscal 2018
- AAP•2 days ago
Telstra refunds AFL app customers
Telstra has offered refunds to some subscribers of its AFL streaming service after the consumer watchdog raised concerns about the telco's disclosure of the size of its viewing screen available on mobiles and tablets. The consumer watchdog says Telstra in January introduced a screen-size restriction
- AAP•2 days ago
CBA may fire underperformers: Livingstone
Commonwealth Bank chairman Catherine Livingstone says staff could be fired if the lender finds any evidence of serious misconduct. CBA executives forfeited short-term incentives amid allegations the bank ...
- AAP•2 days ago
Gas prices to remain high, says UBS
East coast gas prices are not likely to come down any time soon, despite recent government intervention to boost domestic supplies, according to UBS analysts. Detailed supply-demand modelling for east coast gas shows there are insufficient gas supplies available over the next five years without the
