Latest industry news

  1. Business in 90 Seconds

    In this update: Australia's shares are starting to claw back a little of the losses posted yesterday.

  2. Business in 90 Seconds

    In this update: Australian shares are starting to claw back a little of the losses posted yesterday.

  3. Business in 90 Seconds

    In this update: the local share market has opened higher this morning.

  4. Business in 90 Seconds

    In this update: Australia's regional banks are urging a productivity commission inquiry to examine the growing market power and "too big to fail" nature of Australia's big four banks; and Reserve Bank Governor Philip Lowe is optimistic Australia's economy is on the path to a new post-mining growth phase, despite the challenges of weak wages growth, record-and-still-rising debt, and looming interest rate increases.

  5. 'We're bigger than them anyway': Resilient Ravensthorpe brushes off mine closure

    While the loss of a small town's biggest employer may be enough to bring some communities to their knees, it is just another kink in the road for the residents of Ravensthorpe, in WA's south-east.

  6. Indonesia and Australia push to seal 'win, win' trade deal as deadline looms

    Indonesia is pushing for Australia to open its doors to Indonesian workers as the two countries edge closer to securing a bilateral trade deal by the end of the year, with Jakarta's chief negotiator saying more political will is needed to overcome barriers.

  7. CBA has confirmed the $3.8 billion sale of its controversial life insurance arm Comminsure

    The head of the troubled wealth management division, Annabel Spring, is also departing following CEO, Ian Narev out the door. The sale comes as the Commonwealth battles a raft of allegations over the Austrak money laundering scandal.

  8. ANZ's Senior Economist Jo Masters speaks to The Business

    ANZ has become the second big bank in a week to forecast the Reserve Bank will turn hawkish and raise rates twice next year. The ANZ said it's new forecast is based on a more positive view of the local economy, with both growth and inflation picking up.

  9. Robert Millner talks to The Business

    Robert Millner is chairman of Washington H Soul Pattison which, along with its 25 per cent holding in TPG has large stakes in New Hope coal mine and Brickworks among others.

  10. Possibility of rate hike sends US interest rates higher

    The Australian dollar fell as the US dollar surged in response to a rate hike foreshadowed by the US Federal Reserve.

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