Morrison won’t rule ‘bonkers sugar tax’ outTreasurer Scott Morrison has declined to rule out a tax on sugar, only hours after Nationals leader Barnaby Joyce said it was a
Australian shares have hit a five-week high as high commodity prices, a Wall Street tailwind, and adjusted expectations of local interest rate cuts helped deliver gains across several sectors.
Programmed Maintenance Services is back in the black and plans to use its Skilled labour hire business to cash in on government projects, programs and private maintenance contracts.
Oil has turned negative in volatile trade on worries Iran and Iraq are not ready to agree on an OPEC output freeze after prices earlier rose to the highest level this month on reports cartel members had overcome their internal disputes.
Ciobo still hopes for TPP, minus USTrade Minister Steve Ciobo has thrown up the possibility of renegotiating a less ambitious version of the Trans Pacific Partnership trad
The Australian share market has closed higher led by strong gains in the energy and mining sectors, with giant BHP Billiton one of the star performers.
Oil prices have surged four per cent to a three-week high, bolstered by growing conviction that major oil producing countries will agree next week to limit output.
Gold has rebounded from five-and-a-half-month lows as the US dollar shed some of the hefty gains made the previous week on bets that US President-elect Donald Trump's plans for fiscal stimulus would prove inflationary.
Boral’s $3.5b bet on USThe chief executive of building materials giant Boral, Mike Kane, says he is betting on a long-term US economic recovery and not ju
The Australian share market has ended slightly lower after day of choppy trading as investors wonder if US President-elect Donald Trump will implement policies to stimulate the US economy.
The Australian share market has opened lower, following Wall Street's weak leads and amid uncertainty around President-elect Donald Trump's effect on the US economy.
Oil prices have settled higher, closing out a strong week that has seen crude buoyed by growing expectations that OPEC will find a way to cap production at the end of the month.
Gold has fallen to its lowest level since late May as the US dollar surged to its highest in more than 13-and-a-half years on expectations of a December US interest rate rise and higher fiscal spending from President-elect Donald Trump's incoming administration.
Weak wage gains blow out budgetThe Coalition government is bracing for a significant deterioration in next month’s budget update as weaker wages growth offsets any tax rev
The Australian share market is higher with investors hunting yields and bargains as global bond yields rise on the back of firming US interest rate hike expectations.
Gold has fallen to a five-and-a-half-month low, giving up earlier gains as the US dollar index tapped a 13-and-a-half-year high on strong US economic data and comments by US Federal Reserve Chair Janet Yellen that bolstered the case for raising its interest rate in December.
Oil prices have settled slightly lower, before falling as much as one per cent in the after-market session as a stronger US dollar outweighs expectations of an OPEC deal to limit production.
The benchmark S&P 500 index rose to within a hair of its record high on Thursday as bank stocks got a boost from bets on higher interest rates and consumer discretionary stocks were helped by economic data and earnings.
Millions lost via dodgy trusts, says Tax OfficeJust a handful of dodgy tax structures being used by Australians cost tens of millions of dollars in lost revenue, according
The Australian share market has held onto a slim gain as investors wonder how the US political landscape will change under Donald Trump when he assumes the presidency.
The Australian share market has slipped in early trade, taking cues from a lower close on Wall Street, as overnight declines in the metals and energy markets weighed down sentiment.
Wall Street has opened lower - a day after the Dow closed higher for the seventh day in a row following Donald Trump's election win - as investors brace for higher interest rates.
Oil prices have eased in volatile trading as the market gives more weight to a bigger-than-expected US crude inventory build than Russia's comments about a possible meeting with Saudi Arabia that has renewed hopes for a production freeze deal.