Business

Latest Business News

The Dow keeps on rising.

Markets Live: ASX falls as Trump looms

Shares slide on the final day of reporting season amid caution ahead of Trump's big speech tomorrow, while WorleyParsons shares surge after a Dubai investor takes a stake.

Earnings from extensive property holdings spiked 91 per cent, largely from revaluations.

Property underpins Harvey Norman profits

Harvey Norman's $2.6 billion property portfolio continues to underpin the group's profitability, generating a $75.74 million value uplift and another $71 million in income.

Rupert Murdoch at the Super Bowl last week.

$13m for doing no work: Why it pays to work for Rupert Murodch

You don't have to actually work for Rupert Murdoch to make a fortune. Just ask News Corp's retiring chief financial officer, Bedi Singh. He will make $US10m over the next three years from drawing his base salary and bonuses despite walking out the door for the last time this Wednesday.

Seven West Media continues to fight multiple legal battles to protect the reputation and position of chief executive Tim ...

Seven faces more rogue website allegations

Anonymous rogue websites continue to create legal headaches for Seven West Media with a new page registered over the weekend repeating allegations about chief executive Tim Worner and former Seven employees. 

Worleyparsons said it had received a "confidential, highly conditional" proposal for all its shares in November.

Worley shares surge as Dubai group snags stake

Shares in WorleyParsons surged to a two-year high after a Dubai-based consulting group emerged with a 13.35 per cent holding and confirmed it had made an indicative bid for the engineering contractor last year but was knocked back.

Spotless Group boss Martin Sheppard: The company has forecast full-year net profit of $80-$90 million.

Spotless shares sink after $358m loss

Spotless shares hit a record low after the cleaning and catering company signalled smaller dividends following a writedown-heavy $358 million half-year loss.

John Neal was fined $550,000 after not disclosing soon enough that he was in a relationship with his executive assistant.

Bosses romantic behaviour comes at a price

It's hard to believe that there aren't plenty of executives around town sweating a little more profusely this week as they delete their text messages and rethink the merits of any secret romantic trysts with their staff.

Hedge funds boosted their net-long position on WTI, or the difference between bets on a price increase and wagers on a ...

Record bets on oil advance

Hedge funds have never been so confident that the price of US oil will eventually rally as the current global glut clears.

Qantas engineer Andrew Howard oversaw the 500-hour installation on the Hawaiian Airlines plane.

Brisbane engineers install $825,000 sensor on Airbus

Brisbane-based Qantas engineers have spent the best part of the past month installing sensitive atmospheric monitoring sensors on a Hawaiian Airlines Airbus A330 in a bid to fill a major gap in global climate research.

Small Business

How a financial detox saved my business

Jen Geale, the co-owner of Mountain Bikes Direct, was struggling for profitability.

An online store selling mountain bike accessories was experiencing financial trouble. But a financial detox turned the business's finances around within six months. Here's how.