Wesfarmers chief executive Richard Goyder has taken a substantial pay cut with a halving in his short-term incentive payments after a year in which his Coles-owning conglomerate took a hefty hit to profits.
US oil (WTI) prices have edged up on hopes the planned restart of country's main petrol pipeline after a leak more than a week ago will boost demand, while Brent has slipped amid scepticism over a proposed deal to freeze production.
Gloss comes off Teoh’s TPG as NBN costs biteThe high cost of delivering data over the national broadband network as customers switch to super-fast broadband, a softer than
Oil prices have rallied rallied before settling off their highs on scepticism over Venezuela's bid to talk up a potential OPEC output freeze and on indications US crude stockpiles have risen.
Gold prices have risen as the US dollar has slipped but gains were capped by jitters ahead of a Federal Reserve monetary policy meeting and a rise in US government bond yields.
Morrison rebuffs idea of RBA using QETreasurer Scott Morrison has rebuffed the notion that the Reserve Bank of Australia would resort to using quantitative easing, or bond
The Australian share market has lost ground during a day plagued by technical glitches that delayed the market open and eventually forced a premature end to equities trading.
Crude oil prices fell two per cent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while petrol rallied on refinery and pipeline outages.
Gold has fallen to a two-week low after data showing faster-than-expected growth in US consumer prices in August helped support the case for the Federal Reserve to raise interest rates later this year and the US dollar jumped.
PM to push US over TPPPrime Minister Malcolm Turnbull will tell United States congressional leaders and policymakers this week that commerce and trade are as powerful as ‘
Oil prices have risen strongly, after tracking a rally in petrol futures sparked by a delayed restart of the main petrol line at Colonial Pipeline, the No. 1 carrier for the motor fuel in the United States.
The Australian dollar has risen more than half a US cent as the greenback fell on disappointing US retail sales numbers, dousing market expectations of an imminent US rate rise.
West Perth-based NWQ Capital Management has beaten off competition from rivals in Sydney and Melbourne to be named Australia’s best hedge fund investor.
Super done, next task is growthTreasurer Scott Morrison says spending cuts and revenue increases alone will not be enough to repay the nation’s burgeoning debt and that th
Oil prices have fallen about three per cent for a second straight day, after data showing large weekly builds in US petroleum products offset a surprise draw in crude stockpiles.
Gold prices have risen, breaking a five-day decline as the US dollar slipped against a basket of currencies, with the market waiting for clues on the timing of an increase in US interest rates.
Global fundies: no crashGlobal fund managers say that sharemarkets around the world will avert a crash but investors need to get ready for higher volatility in stock price
