Last Top Stories: Moneghetti immortalised on canvas for Archibald entry

Moneghetti immortalised on canvas for Archibald entry

While the piece - titled Pride - Not bad for not winning an Olympic Gold at Athens Athletics - was not shortlisted as a finalist for the best portrait last week, Mr and Mrs Wyatt hoped it will be displayed in the Backspace at the Art Gallery of ... >> view original

Box Hill Hawks sink North Ballarat on the siren in VFL thriler

A fortnight ago the Hawks lost a heart stopper to Collingwood by two points, on Saturday it came-from-behind to beat a brave North Ballarat on the siren. The Hawks (second) trailed by two points at Box Hill City Oval, before a Teia Miles behind reduced ... >> view original

ALDI shows Senate a strong set of figures

German retailer ALDI doubled its pre-tax profit in Australia to more than $260 million in four years to 2014. In a submission to the Senate inquiry into corporate tax avoidance, the retailer, which does not normally release sales or profit figures ... >> view original

Eurozone sets tough terms for Greece bailout

The leaders of Greece, Germany, France and the EU proposed a “compromise” on a bailout deal for Athens which will now be put to the rest of the eurozone, sources said. The apparent progress came as the eurozone edged closer to a new bailout deal for ... >> view original

$A lower as traders watch moves in Greece

The Australian dollar is lower as currency traders keep a close eye on developments in Greece after the debt-stricken country was set harsh conditions for a new bailout deal. At 1200 AEST on Monday, the currency was trading at 74.31 US cents, down from ... >> view original

Reform Summit aims to break through political inertia

Business groups, unions and welfare organisations are to come together with the aim of sparking political leaders into pursuing serious social and economic reforms. About 80 delegates are to participate in a National Reform Summit to address several ... >> view original

APRA mulls banks capital increases

Australia's big four banks would need to lift their capital reserve levels by about one sixth in order to meet a key recommendation of the Financial Systems Inquiry. The David Murray-headed inquiry last year recommended requiring banks to lift reserves ... >> view original

Sydney house prices 12pc overvalued, says Barclays

Sydney property prices still climbing, Melbourne set to slip. Housing prices in Sydney are now 12 per cent overvalued, says a leading investment bank that has raised the opportunity for policy leaders to launch tougher measures to make property prices ... >> view original

Union royal commission: CFMEU to boycott Canberra hearing

The militant construction union said it would boycott today's hearing at the royal commission in Canberra on the grounds it hasn't had enough time to prepare, as the inquiry prepared to hear allegations of corruption, intimidation and falsifying ... >> view original

Adelaide's late night pies, pasties on the move

FOR more than a decade it's been the spot to head for a late-night hit of hot pies or sweet treats but the iconic 24-hour O'Connell St bakery is on the move. Bakery co-owner Tony Greven remembers well when night owls would line up at his iconic North ... >> view original