Voelte gets Seven top job
5:30pm |
Seven shares crash after the company appoints former Woodside chief Don Voelte as CEO to replace David Leckie.
'It's Europe again' as stocks fall
4:44pm |
Australian shares extended losses to a fourth day as doubts persisted that a European summit this week would move any closer to solving the region's debt crisis.
No risk of housing bust: RBA
3:14pm |
Australia is not at danger of a collapse in the housing market, Reserve Bank assistant governor Guy Debelle says.
News Corp shares jump on split reports
FERGUS SHIEL 4:26pm |
News Corporation is considering dividing itself into two companies, separating publishing from entertainment, according to US reports.
Nowhere to hide in digital age: Gail Kelly
RANIA SPOONER 8:20am |
The post global financial crisis world has crashed into the digital age, according to the woman at the helm of Australia's oldest bank.
The real online media challenge: advertising
MICHAEL PASCOE 2:52pm |
Never mind the whole media paywall challenge, why do advertisers pay 400 per cent more to display their wares in print than they do online?
Online orders surge as retailers lag
CHRIS ZAPPONE 3:59pm |
The number of online orders to Australian businesses increased 32% during the 2010-11 financial year.
NBN Co playing hardball with local councils
LUCY BATTERSBY 2:46pm |
NBN Co is playing hardball with a local council by telling some rural Victorian customers that they will have to live with slower satellite services.
| ASX 200 | 4013.3 | -14.5 | -0.4% |
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| Dow Jones | 12502.7 | -138.1 | -1.1% |
| Nasdaq | 2836.2 | 0.0 | 0.0% |
| Hang Seng | 18955.4 | 58.0 | 0.3% |
| NZ 50 | 3381.3 | -19.8 | -0.6% |
Data delayed by 20 mins.
Business News Wire
11:03AM Ivanhoe Australia cuts jobs in Qld
10:37AM Fairfax shares down at open
10:25AM Fairfax progresses NZ outsourcing plan
10:02AM Seven West appoints new boss
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
European shares rise after sell-off
5:09pm |
European shares edged higher in early trade, halting a sharp three-session sell-off, although traders and investors said any rally was likely to be short-lived.
Where is Stokes in media talks?
Insider News' $2 billion bid is beginning to look as half-formed as its local restructuring plans.
- Insider Funtastic in toy story turnaround
- Financial calendar June 25-30
- Insider Billabong's bid to stay afloat
- Insider Metcash looks to nail Mitre 10 deal
- Insider Woolies fresh, Breville toasty
Video
Spain seeks help for banks 'too late'
Spain formally requests European aid for its indebted banks, but the lack of details rekindled investor doubts over the financial sector. (01:46)
World Business
Moody's slashes ratings of 28 Spanish banks
9:01am |
Moody's has downgraded the long-term debt and deposit ratings for 28 Spanish banks and two issuer ratings, following on the heels of a cut to Spain's sovereign rating to just above junk status.
Euro should be put to the sword
The crisis summit in Rome won’t achieve anything until it faces up to the EU’s economic deceit.
Comment & Analysis More Comment & Analysis
Spruce offering on the way as fiscal year ends
MICHAEL WEST |
A share buyback is the only way you can legally manipulate your company's share price and get a tax break at the same time. It is also an especially useful tool around the end of the financial year.
- Michael Pascoe How a statistical misreading can unleash China bears
- Adele Ferguson Surf retailer needs a white knight rescue
- Adele Ferguson Sims the key to moguls' media plans
- CBD Sullivan action suffers a setback
- Matthew Kidman Not so sanguine as blood begins to flow
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Zumba isn't just exercise, it's big business
11:43am |
Alberto Perez started out as a street performer, today he stands at the centre of the Zumba exercise craze, having helped transform Zumba Fitness into a rapidly growing fitness empire.
Home equity: are you certain?
I want to expand my plumbing business but might need to use our house as equity.
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Turn tax time into Christmas
With the end of the financial year upon us, it's time to make the most of the situation.