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National Australia Bank is severing ties to digital currency providers, saying they pose an unacceptable level of risk to the bank's business and reputation.
The New Zealand dollar jumped three quarters of a US cent against the greenback to its highest since July 2011 after the Federal Reserve minutes from its last meeting in March pushed out expectatio
Treasurer Joe Hockey is flagging a new era of personal and corporate responsibility in the lead-up to the budget, declaring that welfare must be a "safety net, not a cargo net".
The Australian market looks set to open strongly higher following Wall Street's surge led by tech stocks after US Federal Reserve minutes showed no support for an early rise in interest rates.
Wall Street stocks have bolted higher with tech equities leading the way after US Federal Reserve minutes showed no support for an early rise in interest rates.
Alcoa lost $US178 million in the first quarter as revenue fell on lower aluminium prices, but profit beat expectations after excluding charges to idle capacity at aluminum smelters and mills.
The business sector hopes a royal commission into union corruption will lead to changes in workplace relations and practices and help lift productivity.
Prime Minister Tony Abbott says Australians will feel the benefits of a historic trade agreement inked with Japan with cheaper cars and consumer goods and better access for the agriculture sector.
Global oil prices have fallen after rebels agreed to reopen two of the four blockaded oil-export terminals in eastern Libya, suggesting the country's blockaded supplies might come back on the market.
US stocks have slumped for a third day in a row with investors worrying about whether high-flying technology stocks are overvalued and cautiously anticipating earnings season.
China's economic growth will slow slightly in 2014 but the nation remains the key to the fortunes of the East Asia Pacific region, a new World Bank report says.
Half of Australia's working mothers report discrimination during pregnancy, parental leave or when returning to work, according to an Australian Human Rights Commission report.
Key Labor figures have backed a call by Bill Shorten to allow non-union members to join the party and overhaul the way candidates are selected but the opposition leader is likely to face some resistance, with union chiefs wary of the reform.