Inflation data key to RBA's rates call
ACCC boss says privatisation costing consumers and damaging economic reform
ACCC boss says privatisation costing consumers and damaging economic reform Posted July 26, 2016 15:47:11 The Australian Competition and Consumer Commission's chairman Rod Sims has argued that consumers are being hurt by poorly regulated privatisations that are driving up prices and have little to do with economic reform.Mr Sims said the situation is getting worse, as the main concern of governments with privatisation is maximising proceeds from the sale by fighting a..>> view originalInvestors borrow billions to buy NZ houses
Markets Live: ASX cuts its losses
That's it for Markets Live today. Thanks for reading and your comments. See you all again tomorrow morning from 9. A late rally has reversed early losses and left the ASX 200 index up a handful of points at 5538, as buying in the banks and iron ore miners overwhelmed losses in energy stocks. The Aussie dollar ended the session pretty flat at 75.29 US cents. Around the region Japanese shares dropped 1.4 per cent while Chinese stocks climbed. The US Fed begins its two-day monetary policy meeting..>> view originalKoalas tunnels and bridges prove effective on busy roads
Koalas are smarter than experts predicted and will cross highways using "tunnels and bridges" to access bushland if the routes are provided by transport engineers.In 2013 Fairfax Media reported 10,956 of the 15,644 south-east Queensland koalas that died between 1997 and 2011, were struck by cars, mauled by dogs, or died of stress-related disease. More News Videos Previous slide Next slide Koalas: Not so dumb after all Missing Gold Coast girl found A..>> view originalYahoo: Australian arm says business as usual for now after Verizon takeover
Yahoo: Australian arm says business as usual for now after Verizon takeover Updated July 26, 2016 16:48:43 The owner of Yahoo's Australian operations says it is business as usual for now, after one of the biggest US telecommunications companies acquired the internet pioneer's core US assets.Seven West Media, which has run Yahoo7 as a 50-50 joint venture with Yahoo for a decade, expects to hold talks with Verizon on its plans for Yahoo in Australia over the next six to n..>> view originalWoolworths to carefully choreograph store closures
Woolworths' plan to pull down the shutters on 27 of its poorest-performing stores will be carefully choreographed to ensure its doesn't give its competitors a leg up.Retail insiders suggest Woolworths' short list will only include stores trading in locations that already support a Coles or Aldi to ensure the exit doesn't provide a launching pad for rivals in the ferociously competitive market. More News Videos Previous slide Next slide Woolworths to axe 500 jobs ..>> view originalAustralians optimistic as confidence lifts
ADM to sell $400m GrainCorp stake
Productivity Commission: Building submarines in SA is 'a return to bad old days of protectionism'
Productivity Commission: Building submarines in SA is 'a return to bad old days of protectionism' Updated July 26, 2016 18:54:08 As Christopher Pyne toured the Austal shipyard in Western Australia, the newly installed Defence Industry Minister said the Government's aim with building submarines in Australia was to make the country into a defence industry hub."We are making defence industry one of our fundamental inputs into capability in Australia in defending our nation..>> view original
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