• Turnbull finds way to cut bills, emissions
    AAP21 minutes ago

    Turnbull finds way to cut bills, emissions

    The Turnbull government's energy plan would deliver electricity bill savings of at least $115 a year, a senior coalition figure says. Coalition MPs are being briefed in Canberra on Tuesday on the government's plan to make power more affordable and reliable while meeting Australia's emissions

  • AAP22 minutes ago

    James Warburton appointed APN Outdoor CEO

    Former V8 Supercars Australia boss James Warburton has been appointed chief executive of APN Outdoor. Mr Warburton will take over in January, replacing former boss Richard Herring, who decided to retire at the end of September after 13 years in the role. APN Outdoor chairman Doug Flynn flagged Mr Warburton

  • AAP23 minutes ago

    Telstra dividend cut 'tough', says Mullen

    Telstra chairman John Mullen says the end of Telstra's policy to pay almost all profits out as dividends was tough on shareholders but he expects the company to maintain or increase the total dividend over time as earnings grow. Telstra chief executive Andrew Penn told shareholders at the company

  • Local share market opens higher again
    AAP28 minutes ago

    Local share market opens higher again

    The Australian share market has opened higher following the lead from Wall Street, where major stock indices rose overnight. At 1015 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 22.8 points, ...

  • New ASIC head Shipton to lead by example
    AAP36 minutes ago

    New ASIC head Shipton to lead by example

    The new chairman of Australia's corporate watchdog will be looking to steer much-needed culture change within the banking sector. The federal government on Tuesday announced James Shipton, a lawyer with expertise in financial market systems, would head up the Australian Securities and Investments

  • AAP42 minutes ago

    Oil Search September quarter output up 9%

    Oil Search has lifted September quarter production to 7.91 million barrels of oil equivalent, up nine per cent from the preceding three months after improved output at its PNG LNG project. Sales for its ...

  • AAP46 minutes ago

    Protests test authority in South Africa

    A new power struggle is unfolding in South Africa's old homelands between global mining giants, traditional leaders and an impoverished rural populace. Parts of an industry long used to labour unrest are now contending with community protests that have cut production of the country's largest

  • AAP53 minutes ago

    Myer appoints fashion retail expert

    Myer has appointed a former managing director of luxury fashion brands including Bulgari to its board. Julie Ann Morrison will join the board as a non-executive director as part of a leadership overhaul in response to complaints from major shareholder Solomon Lew about the group's turnaround progress

  • AAP1 hour ago

    Rio lifts 3rd-quarter iron ore shipments

    Rio Tinto lifted third quarter iron ore shipments from its Pilbara operations by slightly more than expected on the back of an improvement in rail capacity and performance. The world's second largest iron ore exporter shipped 85.8 million tonnes of iron ore in the September quarter, up six per cent

  • ANZ raises $975m with super, planning sale
    AAP1 hour ago

    ANZ raises $975m with super, planning sale

    ANZ will sell its superannuation and some financial planning businesses to IOOF Holdings for $975 million, and is still weighing how best to offload life insurance. IOOF will pick up the OnePath pensions and investments business along with four aligned dealer groups as ANZ shifts to distributing rather

  • AAP2 hours ago

    100 bags of coal dumped at CBA HQ

    The Commonwealth Bank has defended its financing of coal mining after activists delivered 100 bags of the fossil fuel through the Sydney CBD to the bank's headquarters. Wearing hazmat suits and pushing a mock coal train emblazoned with the slogan "#Coalbank", Greenpeace activists delivered

  • ANZ sells super and planning for $975m
    AAP2 hours ago

    ANZ sells super and planning for $975m

    ANZ will sell its superannuation and financial planning businesses to IOOF Holdings for $975 million - and is still weighing what to do with life insurance. IOOF will pick up the OnePath pensions and investments business along with four aligned dealer groups as ANZ shifts to distributing rather than

  • Stefanovic speaks on Wilkinson departure
    AAP2 hours ago

    Stefanovic speaks on Wilkinson departure

    Lisa Wilkinson's co-hosts on Nine's Today show have expressed shock at her sudden departure, but pledged to cheer her on in her new role at rival network Ten. The 57-year-old stunned the media world on Monday night with news she was leaving Today after a decade, following a breakdown in pay

  • ANZ offloads advice businesses for $975m
    AAP2 hours ago

    ANZ offloads advice businesses for $975m

    ANZ is selling financial advice businesses including OnePath Pensions and Investments to IOOF Holdings for $975 million. ANZ, which is still reviewing options for its life insurance business, will sell ...

  • AAP2 hours ago

    Rio Tinto Q3 iron ore shipments up 6%

    Rio Tinto has shipped 85.8 million tonnes of iron ore in the September quarter, up six per cent from a year ago, helped by improved rail capacity and performance. Production of the steel-making ingredient also increased two per cent to 85 million tonnes in the three months ended September 30. The mining