• AAP11 hours ago

    What happens in a US govt shutdown?

    MILITARY The Defense Department said a shutdown would not affect the US military's war in Afghanistan or its operations against Islamist militants in Iraq and Syria. All 1.3 million military personnel ...

  • Hectic negotiations ahead of US shutdown
    AAP12 hours ago

    Hectic negotiations ahead of US shutdown

    Congress members were racing against the clock to avert a US government shutdown but it was not clear if hectic negotiations would bring a deal before a midnight deadline. The vast majority of Democratic senators have said they would not support the bill unless it includes protections for hundreds of

  • Congress faces looming govt shutdown
    AAP16 hours ago

    Congress faces looming govt shutdown

    The US Congress is racing the clock to avoid a federal government shutdown before a midnight deadline on Friday after a meeting between President Donald Trump and Democratic Senate leader Chuck Schumer failed to produce a deal. Trump invited Schumer to the White House for talks as a stopgap bill to

  • AAP18 hours ago

    No deal reached in US budget talks

    Democratic Senate leader Chuck Schumer has met with President Donald Trump at the White House to search for ways to avert a US government shutdown, but he said afterwards that disagreements remained as the clock ticked toward a midnight deadline to pass a funding bill. Trump invited Schumer to the White

  • AAP21 hours ago

    Countdown on to avoid US shutdown

    The US Senate is racing to avert a government shutdown ahead of a midnight deadline with no agreement on funding in sight and both parties squabbling over who's to blame for the impasse. President Donald Trump postponed plans to leave Washington as a bill to fund the government until February 16

  • AAP23 hours ago

    Banana growers fear cyclonic Panama spread

    A cyclone could spread the Panama tropical disease, which would be "game over" for crops, Australian Banana Growers Council (ABGC) director Leon Collins said. Far north Queensland is yet to experience a large cyclonic event or huge wet since the discovery of Panama disease in Tully in 2015

  • Aust shares fall on US govt shutdown fears
    AAPyesterday

    Aust shares fall on US govt shutdown fears

    The Australian share market has closed lower on concerns around a possible US government shutdown, while the Aussie dollar is trading at a four-month high. The benchmark S&P/ASX200 index ended Friday down ...

  • RFG faces possible franchisee class action
    AAPyesterday

    RFG faces possible franchisee class action

    Retail Food Group says it will vigorously defend itself against any class actions it may face, after its shares dropped further on the prospect of franchisees taking legal action. Legal firm Bannister Law, which is already looking at taking class action on behalf of RFG shareholders, says it has expanded

  • AAPyesterday

    Stocks to watch

    Stocks to watch on the Australian stock exchange: RFG - RETAIL FOOD GROUP - down 11 cents, or 5.1 per cent, at $2.07 A law firm is investigating a possible class action against Donut King, Brumby's Bakery ...

  • AAPyesterday

    The business week in numbers

    China's record gas gulping, RioTinto gets an extra per cent out of the Pilbara, Australia's 15-month record jobs run and a new record for Sydney Airport are among the newsworth numbers in the business ...

  • Tough times loom for TV after ad sugar hit
    AAPyesterday

    Tough times loom for TV after ad sugar hit

    Advertising from the same sex marriage debate and the Queensland election has breathed temporary life back into the television advertising market but the headwinds for the industry haven't disappeared, a media analyst has warned. Morningstar analyst Brian Han says free-to-air ad revenue increased

  • AAP2 days ago

    Trade minister takes pulse on EU deal

    Trade Minister Steve Ciobo will sound out the political and business appetite for an Australia-European Union free trade agreement when he visits Hungary, France and Switzerland in coming days. In Budapest, Mr Ciobo will meet members of the Visegrad Group, comprising Czech Republic, Hungary, Poland

  • AAP2 days ago

    America Last? Trump losing on trade: EU

    The European Union's trade tsar has no idea what Donald Trump will tell his audience at the World Economic Forum in Davos next week, but she is clear what the EU's message to the US president will be. America is shooting itself in the foot by withdrawing from global leadership on trade, Cecilia

  • RFG faces possible franchisee legal action
    AAP2 days ago

    RFG faces possible franchisee legal action

    A law firm is investigating a possible class action against Donut King and Gloria Jean's parent company Retail Food Group on behalf of disgruntled franchisees. Bannister Law, which is already looking at taking class action on behalf of RFG shareholders, says it has expanded the scope of its probe

  • AAP2 days ago

    Next NQ cyclone a banana disease threat

    The next cyclone to hit north Queensland could have disastrous long-term consequences for Australia's biggest banana-producing region, potentially spreading a devastating crop disease that has reached the area. Australian Banana Growers Council (ABGC) director Leon Collins said a cyclone could spread

  • Aust shares lower but $A remains high
    AAP2 days ago

    Aust shares lower but $A remains high

    Australian shares have drifted marginally lower at midday, but the dollar remains high after cracking the 80 US cents mark for the first time in four months. The benchmark S&P/ASX200 index was down 0.09 ...

  • RFG faces possible action by franchisees
    AAP2 days ago

    RFG faces possible action by franchisees

    A law firm is investigating a possible class action against Donut King, Brumby's Bakery and Gloria Jean's parent company Retail Food Group on behalf of disgruntled franchisees. Bannister Law, which is already looking into taking a class action on behalf of shareholders of RFG, says it has expanded

  • Aust shares flat as $A passes 80 US cents
    AAP2 days ago

    Aust shares flat as $A passes 80 US cents

    Australian shares have opened flat while the Aussie dollar has cracked the 80 US cents mark for the first time in four months amid strong commodity prices, good Chinese economic data and continuing weakness in its US counterpart. "It's pretty clear that with ... better commodity prices we are

  • AAP2 days ago

    Merkel may join Trump clash at Davos

    German Chancellor Angela Merkel is considering joining French President Emmanuel Macron at the World Economic Forum in Davos next week in what could turn into an epic clash of competing world views with US president Donald Trump. Merkel, who has been struggling to put together a government since a German

  • Atlassian deepens loss but boosts revenue
    AAP2 days ago

    Atlassian deepens loss but boosts revenue

    Software giant Atlassian has widened its second-quarter net loss, but has boosted revenue compared to a year ago. Net loss for the three months to December 31 was $US65.2 million ($A91.3 million), compared to $US1.7 million in the same quarter the previous year, due to a $US47.3 million write-down of

  • Wall St fell, but Aust shares open up
    AAP2 days ago

    Wall St fell, but Aust shares open up

    The Australian share market has opened modestly in the green, ignoring Wall Street's negativity with its previous strong rally running out of steam. At 1015 AEDT on Friday, the benchmark S&P/ASX200 index was up 9.8 points, or 0.16 per cent, at 6,024.4, while the broader All Ordinaries index was