'Months rather than years': UK pins hopes on swift post-Brexit Australian trade deal

Britain's Trade Minister says she expects her Government to complete a wide-ranging trade deal with Australia within months of exiting the European Union.

Source: Business | 18 Sep 2019 | 5:17 am

Why your independent mechanic can't get the information they need to fix your car

Australia's car owners are paying more than $1 billion a year more than they need to because car makers are refusing to share technical information with independent mechanics, according to the competition watchdog.

Source: Business | 18 Sep 2019 | 4:49 am

After a complaint about a 'non halal certified' sign at this butcher, one changed letter settled the matter

An Adelaide butcher shop with a sign claiming its products were "non halal certified" changes its signage after the advertising watchdog upheld a complaint that it perpetuated "a culture of vilification" towards Muslim people.

Source: Business | 18 Sep 2019 | 4:17 am

Retail sales are surging — or are they? Two of the big banks have very different views

It is one of the big questions hovering over the Australian economy: has the combined impact of lower borrowing costs and tax cuts loosened consumers' purses strings?

Source: Business | 18 Sep 2019 | 2:48 am

Perth's Convention Centre is sinking, but who will pick up the $10m-plus repair bill?

Perth's flagship convention centre at the heart of the CBD is slowly sinking into the Swan River, developing undulating "speed bumps" in a carpark at the base of the structure that is creating hazards for cars and people.

Source: Business | 18 Sep 2019 | 2:23 am

SEC issues guidance on custody of digital asset securities
Including cryptocurrencies.

Source: iTnews - Business | 8 Jul 2019 | 11:17 pm

India's latest Google probe sparked by junior antitrust researchers
Another regulatory challenge for the US firm.

Source: iTnews - Business | 8 Jul 2019 | 11:17 pm

ASD names its top secret history maker
But official chronicle won't canvas last 20 years.

Source: iTnews - Business | 8 Jul 2019 | 11:17 pm

Westpac automates out mortgage bungle that fleeced 40k customers
Let down by humans. Again.

Source: iTnews - Business | 8 Jul 2019 | 10:16 pm

Merger windfall for Waislitz
Billionaire Alex Waislitz stands to make millions after two financial services companies agreed to merge.

Source: The Australian | Business | News | 14 Jun 2016 | 10:00 am

Super chasing riskier assets
Record low bond yields are pushing superannuation funds and insurers into alternative investments.

Source: The Australian | Business | News | 14 Jun 2016 | 10:00 am

‘ALP’s NBN needs extra $10bn’
Labor’s NBN policy could require a further $10 billion in taxpayer funding, says a telecommunications analyst.

Source: The Australian | Business | News | 14 Jun 2016 | 10:00 am

Agent payouts to shift stock
Agents are being offered double the normal commission to help shift apartments throughout capital cities.

Source: The Australian | Business | News | 14 Jun 2016 | 10:00 am

Three in race for port sale
The auction for the Port of Melbourne has come down to a three-way race with bidders lodging indicative bids.

Source: The Australian | Business | News | 14 Jun 2016 | 10:00 am

McGrath halts trading ahead of earnings report
McGrath has halt trading shares to review its earnings forecast as the housing market eases.

Source: Business News | 15 Apr 2016 | 3:00 am

Jobs figures to boost consumer confidence
Better than expected job figures are set to boost consumer confidence.

Source: Business News | 15 Apr 2016 | 2:57 am

$A hits fresh high but fortunes rest on China GDP data

The Australian dollar touched a new nine-month high overnight, making another bid above US77¢ in an otherwise quiet trading night ahead of key Chinese economic data.

Source: smh.com.au Business News. | 15 Apr 2016 | 2:02 am

RBA says apartment supply poses risk
The Reserve Bank says a surge in the supply of new apartments poses an ongoing risk to financial stability.

Source: Business News | 14 Apr 2016 | 10:22 pm

China slowdown could hurt home prices
A sharp economic downturn in China's economy could have negative effects for Australia's housing market.

Source: Business News | 14 Apr 2016 | 10:14 pm

Iron Mountain to finalise Recall takeover
Recall will be removed from the ASX next week following its $3.4 billion takeover by Iron Mountain.

Source: Business News | 14 Apr 2016 | 8:31 pm

Tax 'imbalance' widens gap between young and old

ME's survey data shows the financial comfort of people aged over 50 has risen significantly in the last five years as Gen X and Y lag behind.

Source: smh.com.au Business News. | 14 Apr 2016 | 10:45 am

Government to chase Palmer for $70m

The federal government will intervene in the administration of Queensland Nickel to bring forward $70 million in entitlement payments owed to workers and to chase parliamentarian Clive Palmer for the bill. 

Source: smh.com.au Business News. | 14 Apr 2016 | 10:00 am

Airbnb hosts should be fined, says report
Airbnb hosts renting out their apartments in cities, including Sydney and Melbourne, should be slapped with speeding-ticket-type fines if their guests engage in "disruptive" behaviour that upsets neighbours.

Source: smh.com.au Business News. | 13 Apr 2016 | 6:19 pm

Soft drink tax 'could save lives'

There could be 16,000 fewer cases of type 2 diabetes and 4400 fewer cases of heart disease - but at a price for some.

Source: smh.com.au Business News. | 13 Apr 2016 | 2:00 pm

New home sales strongly rebound in Dec

New home sales jumped 6.0 per cent overall in the final month of 2015, according to Housing Industry Association (HIA) data released on Wednesday. Multi-unit sales were up 21.1 per cent, after a 15.1 per cent decline in November, while detached house sales rose 2.2 per cent. "The headline monthly rise in December 2015 is a result driven, encouragingly, by both the detached house and multi-unit segments of the market," HIA chief economist Harley Dale said.

Source: Australian Business & World Finance News - Yahoo!7 Finance | 10 Feb 2016 | 3:04 am

Morrison welcomes Kidman sale rethink

The nation's largest private landowner S. Kidman & Co has reopened the company's sale process to Australian parties after Treasurer Scott Morrison blocked the sale to international investors last November. At the time Mr Morrison deemed the sale as being "contrary to the national interest", but urged the company to reconsider the structure of the sale of a land mass equating to 1.3 per cent of Australia. "I am encouraged that my decision has led to today's development," Mr Morrison said in a statement on Wednesday.

Source: Australian Business & World Finance News - Yahoo!7 Finance | 10 Feb 2016 | 2:32 am

Personal imports of new cars from 2018

More than 90 per cent of new vehicles were imported and within two years all cars will be imported once Ford, General Motors and Toyota cease local manufacture, the federal government said in a statement on Wednesday. "If a manufacturer chooses not to sell a particular model in Australia, a consumer may now have an option to source this model overseas," Major Projects Minister Paul Fletcher said. The changes will improve the existing arrangements for importing exotic, rare, classic, collectible and special purpose vehicles.

Source: Australian Business & World Finance News - Yahoo!7 Finance | 10 Feb 2016 | 2:02 am

$A stronger before US Fed Chair speaks

The Australian dollar has gained some ground as markets take a breather ahead of testimony from the US Federal Reserve Chair. The currency crashed below 70 US cents overnight as lingering risk aversion gripped global markets. "While markets are hoping for a glimmer of optimism in her testimony, the unsettled narratives faced by traders are unlikely to turn positive on a dime," he said.

Source: Australian Business & World Finance News - Yahoo!7 Finance | 10 Feb 2016 | 1:31 am

Tinkler quits his CEO post

Fallen coal billionaire Nathan Tinkler has suffered another setback, quitting his post as chief executive of a Hunter Valley-focused coal company as he battles a bankruptcy claim. Australian Pacific Coal announced on Wednesday Mr Tinkler had resigned as managing director and chief executive officer following a Federal Court bankruptcy hearing on Tuesday. The court found finance group GE Commercial was entitled to make Mr Tinkler bankrupt over a $2.8 million debt owed following the sale of his former corporate jet by receivers and issued a sequestration order against his estate.

Source: Australian Business & World Finance News - Yahoo!7 Finance | 10 Feb 2016 | 1:22 am