Images from the 2012 Detroit Auto Show
Images from the 2012 Detroit Auto Show
Facebook has announced new measures it is taking to combat what it calls "information operations" that go well beyond the phenomenon known as fake news. In a report and summary of proposals to be published on its website, Facebook describes well-funded and subtle efforts by nations and other
President Donald Trump decided against terminating the NAFTA treaty after the leaders of Mexico and Canada called him and asked him to work on a new trade between the three countries. "Rather than terminating NAFTA, which would be a pretty big shock to the system, we will renegotiate," Trump
Canadian Prime Minister Justin Trudeau has urged US President Donald Trump not to withdraw from NAFTA in a call, saying such a move would be counter-productive, a Canadian source familiar with the matter ...
US president Donald Trump's plan to slash business and household taxes could shift the US economy into higher gear, but it may have one effect the White House would not welcome - interest rates ratcheted higher than expected by a wary central bank. The Trump administration says hundreds of billions
US President Donald Trump has announced slashing the corporate tax rate from 35 per cent to 15 per cent, while cutting the number of tax brackets for individuals from seven to three. The treasury secretary said other key elements of Trump's plan were proposals to repeal the estate tax and institute
The federal government has signalled a dramatic shift in thinking on debt and paved the way for a surge in infrastructure spending, economists say. Treasurer Scott Morrison says his forthcoming federal budget will make a clear distinction between the good debt used to pay for income-generating infrastructure
The loss-making commercial television broadcaster is looking to secure support for a new financing package from its major investors, who collectively own about 30 per cent of the company. Ten on Thursday posted a first-half loss of $232.2 million after booking a $214.5 million writedown to the value
The strongest annual rise in export prices in eight years is potentially a bonus for Treasurer Scott Morrison as he puts together his May federal budget. Figures released on Thursday showed exports of Australia's key commodities have given another lift to the terms of trade or national income.
Treasurer Scott Morrison will push ahead with the unlegislated tranche of his 10-year business tax plan when parliament returns for the budget in less than two weeks. The treasurer's pledge comes as the Trump administration announced it would slash the US corporate tax rate from 35 per cent to 15
A holiday park, a permanent outdoor music venue and two new major events could help western Sydney climb into the top three most-visited regions in NSW. Train, light rail and road links are planned as part of a $73 billion infrastructure funding commitment, Western Sydney Minister Stuart Ayres told
Queensland farmers and small business owners affected by Cyclone Debbie will receive almost $15 million in disaster funding from the federal and state governments. Prime Minister Malcolm Turnbull and Queensland Premier Annastacia Palaszczuk made the announcement about the Category C entitlements on
The share market has posted a modest gain as strength in the heavyweight financial sector offset a slump in energy stocks as the federal government flagged potential restrictions on gas exports. The benchmark ...
Sales growth at Coles continues to slow as the supermarket giant competes with Woolworths' aggressive price cuts and Aldi's expansion. Food and liquor sales at Coles and its associated bottle shops rose 1.2 per cent to $7.6 billion in the 12 weeks to March 26, while comparable sales, which accounts
Vitamins supplier Blackmores says its sales have been improving over the first nine months of the financial year, but are down from a year ago as changed buying patterns in China affected sales in Australia. Blackmores generated sales of $496 million in the nine months to March 31, down 6.7 per cent
Perennially third-ranked commercial TV network Ten's future is in question as the embattled broadcaster faces its biggest test after years of challenges. * March, 2005 - Ten's share price hits a record ...
The share market has closed modestly higher, its fifth straight gain, with the financial sector leading the way. The benchmark S&P/ASX200 index rose 9.5 points, or 0.16 per cent, to 5,921.5 points, while ...
Queensland Premier Annastacia Palaszczuk has accused Prime Minister Malcolm Turnbull of trying to "steal" gas royalties, after he called on state governments to open up gas exploration. In announcing his government will restrict gas exports to alleviate domestic shortages, Mr Turnbull admitted
Major gas exporters on the east coast have promised to ensure higher domestic supplies but the industry has slammed the federal government's new restrictions on gas exports. Prime Minister Malcolm Turnbull has announced the Australian Domestic Gas Security mechanism, under which his government will
The South Australian government is giving $250,000 to shoemaker Rossi Boots to secure its manufacturing future in the state. Manufacturing Minister Kyam Maher says the Adelaide-based company has plans to increase its sales in North America, China and the UK and the government grant will help it do so
Business hopes Treasurer Scott Morrison's new approach to "good" and "bad" debt won't stop him reducing recurring government expenditure when he hands down his May budget. The government wants to better explain what is "good" and "bad" debt, making it
Queenslander farmers and small businesses affected by Cyclone Debbie will receive almost $15 million in disaster funding from the federal and state governments. Prime Minister Malcolm Turnbull and Queensland ...
Atlantic salmon farming companies are designing huge pens to raise fish in the open seas in a radical shift from calm coastal waters where marine lice have slowed growth of the billion-dollar industry. The drive for new designs by Norway, producer of 54 per cent of all farmed Atlantic salmon in 2016
A Brisbane lawyer jailed for stealing more than $1.8 million from clients, including the deceased estate of plane crash victims, will be banned from practising law. Solicitor Russell Biddle was extradited from NSW in May 2015 after it was revealed he had been helping himself to funds from two clients
Malcolm Turnbull has talked down the hip-pocket saving from his new gas policy, saying it's aimed at temporarily shoring up vital supplies for business and industry. Australia is set to become the world's largest exporter of liquefied natural gas by 2020 but there have been warnings of shortages
Cleaning and catering firm Spotless Group says shareholders should reject a $1.26 billion takeover offer from Downer EDI because it does not reflect the company's earnings expectations. Spotless has confirmed its profit target of between $80 million and $90 million for this financial year, before