Top Stories

  • Clive Palmer flees press conference in ACT AAP - 4 hours ago
    Clive Palmer flees press conference in ACT

    Clive Palmer has fled a press conference on his federal election campaign after being grilled on reports of a nickel refinery closure in northern Queensland. Mr Palmer was in Canberra to announce he would ...

  • More ANZ customers sign on to class action AAP - 5 hours ago
    More ANZ customers sign on to class action

    About 3,000 more ANZ customers have registered interest in a class action against their bank in a 24-hour period. Organisers behind the campaign to recruit ANZ New Zealand customers for the class action ...

  • Rio Olympic rights to be package deal AAP - 6 hours ago
    Rio Olympic rights to be package deal

    Australian television rights for the next two Summer Olympic Games are likely be sold as a bundle after all three major TV networks failed to bid for the upcoming Rio Games, Nine Network boss Jeff Browne ...

  • Economic outlook boosted by share rally AAP - 8 hours ago

    A measure of economic growth in the coming months has strengthened because of growing company profits and gains on the share market. The Westpac Melbourne Institute Leading Index, which indicates the likely ...

  • Share market rallies ahead of US Fed Reserve decision on stimulus ABC - 8 hours ago

    The share market has rallied as investors watch for news on whether the US Federal Reserve will keep printing money to boost the US economy. The Federal Reserve is due to announce its plans early Thursday ...

  • New News Corp fails to impress on debut AAP - 8 hours ago

    Rupert Murdoch's new News Corp publishing business failed to impress investors in its stock market debut, losing three per cent of its value. The massive media empire is splitting its growing and more ...

  • Swan welcomes G8 tax exchange commitment AAP - 9 hours ago

    The Australian government may share information with European taxation authorities under global efforts to cut avoidance, Federal Treasurer Wayne Swan says. Mr Swan announced the proposal after the Group ...

  • Telstra review prompts overhaul of asbestos training program for pit workers ABC - 9 hours ago

    Telstra has released damning findings from a review of its contractors who remove asbestos from its telecommunications pits. Telstra's infrastructure is being used to roll out the National Broadband Network ...

  • Rio native title deal irks splinter group AAP - 9 hours ago

    A native title group in Western Australia's Pilbara has inked a land use deal with Rio Tinto despite objections by rival claimants. On Wednesday, Rio Tinto and Yindjibarndi Aboriginal Corporation (YAC) ...

  • Dollar recovers as traders look to US AAP - 9 hours ago

    The Australian dollar recovered from early weakness to end Wednesday little changed as traders marked time ahead of a key monetary policy decision in the US. At 1700 AEST on Wednesday, the Aussie was trading ...

  • Aust shares rise ahead of US Fed meeting AAP - 9 hours ago

    Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the United States. US Federal Reserve chairman Ben ...

  • Aust dollar recovers to end little changed AAP - 10 hours ago

    The Australian dollar recovered from early weakness to end Wednesday little changed as traders marked time ahead of a key monetary policy decision in the US. At 1700 AEST on Wednesday, the Aussie was trading ...

  • Economy set for above trend growth: data AAP - 10 hours ago

    New data suggests the Australian economy will be growing at an above trend pace heading into 2014, building on its outperformance of leading economies. Federal Treasurer Wayne Swan used a gathering of ...

  • Tinkler sells entire Whitehaven stake AAP - 10 hours ago
    Tinkler sells entire Whitehaven stake

    Embattled entrepreneur Nathan Tinkler has denied being forced by his lender into the $600 million sale that has ended his involvement with Whitehaven Coal. His long-time financier, Farallon Funds announced ...

  • Dolce and Gabbana sentenced to jail for tax dodge AFP - 10 hours ago
    Dolce and Gabbana sentenced to jail for tax dodge

    An Italian court on Wednesday sentenced fashion house duo Dolce & Gabbana to one year and eight months in prison for tax evasion of 200 million euros ($268 million) They were also ordered by the court ...

  • Cyprus not seeking to renegotiate bailout: government AFP - 10 hours ago
    Cyprus not seeking to renegotiate bailout: government

    Cyprus denied on Wednesday that it is trying to wriggle out of bailout commitments after President Nicos Anastasiades wrote a letter to international lenders criticising the terms of the deal. The European ...

  • India's Tata Motors revamps 'world's cheapest car' AFP - 10 hours ago
    India's Tata Motors revamps 'world's cheapest car'

    India's top automaker Tata Motors unveiled a new version of what was once billed as the world's cheapest car Wednesday, in a bid to reverse a slump in sales. The jellybean-shaped Nano, which sold for around ...

  • EU fines drugs firms 150 mn euros for delaying cheap generics AFP - 10 hours ago
    EU fines drugs firms 150 mn euros for delaying cheap generics

    The EU executive on Wednesday imposed hefty fines of around 150 million euros on pharmaceutical firms including Denmark's Lundbeck for colluding to delay the sale a decade ago of a cheap generic version ...

  • China firm forays into British yacht, hotel markets AFP - 10 hours ago
    China firm forays into British yacht, hotel markets

    Chinese conglomerate Wanda Group announced Wednesday it will invest nearly $1.6 billion to acquire British yacht maker Sunseeker and build London's tallest residential towers. The plans mark the latest ...

  • Stocks to watch at close on Wednesday AAP - 10 hours ago

    Stocks to watch on the Australian stock exchange at close on Wednesday: CHC - CHARTER HALL GROUP - up 24 cents at $3.89 Property firm Charter Hall and an associated superannuation fund have paid $458 million ...

  • Aussie shares close higher AAP - 10 hours ago

    The Australian share market closed higher on Thursday, with positive manufacturing data out of the US overnight and China during the day promoting positive investor sentiment.

  • Compulsory third party premiums set to fall ABC - 11 hours ago
    Compulsory third party premiums set to fall

    Canberra motorists may soon have cheaper compulsory third party premiums as three more insurers enter the ACT market. Although the government had opened up the compulsory third party insurance market to ...

  • New Airbus plane takes off at Paris Air Show AFP - 11 hours ago
    New Airbus plane takes off at Paris Air Show

    The Airbus next-generation A350 plane took centre stage at the Paris Air Show on Wednesday, winning multi-billion-dollar deals ahead of a much-anticipated possible fly-over. The news comes just days after ...

  • GrainCorp suitor quizzed on past ABC - 11 hours ago
    GrainCorp suitor quizzed on past

    The US agribusiness giant Archer Daniels Midland has been forced to confront a history of alleged price-fixing and market-rigging as its seeks to win regulatory approval for its controversial takeover ...

  • Tinkler sells Whitehaven stake for $300m AAP - 11 hours ago
    Tinkler sells Whitehaven stake for $300m

    Entrepreneur Nathan Tinkler has sold about half of his stake in miner Whitehaven Coal to his financier Farallon Funds. The financially troubled businessman has sold a stake of 9.9 per cent for about $300 ...

  • British court quashes sanctions on Iranian bank AFP - 11 hours ago
    British court quashes sanctions on Iranian bank

    Britain's Supreme Court on Wednesday quashed government sanctions that had been imposed on Bank Mellat, Iran's largest private bank, due to its alleged links to Tehran's disputed nuclear programme. The ...

  • IMF says Spanish recession 'may end soon' AFP - 12 hours ago
    IMF says Spanish recession 'may end soon'

    Spain's biting recession may end soon but the outlook is tough and Madrid must do more to battle the country's unacceptably high unemployment rate, the IMF warned Wednesday. Spain's economy, still reeling ...

  • Clive Palmer's nickel firm drops Townsville basketball sponsorship ABC - 12 hours ago

    The Townsville Fire basketball team says it is urgently seeking a major sponsor after losing the support of Clive Palmer's business, Queensland Nickel. The north Queensland side placed second in the competition ...

  • 'Reckless' bankers to risk prison in Britain AFP - 12 hours ago
    'Reckless' bankers to risk prison in Britain

    Bankers found guilty of "reckless misconduct" in Britain in the wake of the global financial crisis and Libor rate-rigging scandal could end up in prison and stripped of bonuses, under proposals ...

  • Cyprus not seeking to renegotiate bailout: govt AFP - 12 hours ago
    Cyprus not seeking to renegotiate bailout: govt

    Cyprus denied on Wednesday that it is trying to wriggle out of bailout commitments after President Nicos Anastasiades wrote a letter to international lenders criticising the terms of the deal. The European ...

  • No recession on the horizon AAP - 13 hours ago

    The current fad for warning of an imminent recession in Australia is likely to go the way of caftans and paisley polyester body-shirts. Most of the arguments in favour of a recession being at least a possibility ...

  • Alcatel-Lucent reveals radical strategy shift AFP - 13 hours ago
    Alcatel-Lucent reveals radical strategy shift

    Telecom equipment maker Alcatel-Lucent announced a radical new strategy on Wednesday to climb out of years of crisis with cost cutting, asset sales and a restructuring of debt. The group is to specialise ...

  • Self-promotion is key to business AAP - 13 hours ago

    When Marly Quincoces wanted to grab the attention of potential clients for her South Florida event planning company, StarMar Events, she made a YouTube video in front of a white board giving tips on how ...

  • Adelaide clothing retailer Trims goes into liquidation ABC - 13 hours ago

    Adelaide clothing retailer Trims has gone into liquidation, after being in business since 1937. Administrator Andre Strazdins of BRI Ferrier said there was a potential buyer for the company's assets and ...

  • New News Corp in weak ASX debt AAP - 13 hours ago

    New News Corp has had an inglorious debut on the Australian share market, with its stock falling. The share price of the newly hived off publishing business was down nearly four per cent to $14.42 at 1245 ...