Ford to close plants
THE DRIVE TEAM 9:55am |
Ford is this morning expected to announce the closure of its Broadmeadows production line.
Markets Live: Stocks, AUD down early
10:17am |
Australian shares and the dollar are lower early as Ford prepares to announce the closure of its Australian manufacturing bases.
James Hardie posts modest profit fall
BRIAN ROBINS 9:11am |
James Hardie posts profit dip amid ongoing tough trading conditions in its key markets, asbestos liabilities and a tax fight.
Too soon to taper stimulus, says Fed
5:49am |
The Federal Reserve's stimulus is helping the US economy recover but the central bank 'needs to see further signs of traction' before taking its foot off the gas.
Telstra to axe jobs in major shake-up
PETER CAI |
Significant job losses are expected at Telstra after the telco announced sweeping changes to structure.
Myer all out to chase sales
ELI GREENBLAT |
Department store Myer will switch its focus from relentless cost-cutting to driving sales growth.
End of boom in commodities
PETER KER |
Australia's top commodities agency has detailed a year of woe for the local resources industry.
Bouris fired up over low-fee super
JOHN COLLETT 8:02am |
Mark Bouris' Yellow Brick Road is hoping to capture a slice of the $1.5 trillion in superannuation savings with the launch of a low-fee super fund.
| ASX 200 | 5131.4 | -34.0 | -0.7% |
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| Dow Jones | 15307.2 | -80.4 | -0.5% |
| Nasdaq | 3463.3 | -38.8 | -1.1% |
| Hang Seng | 23261.1 | 0.0 | 0.0% |
| NZ 50 | 4610.7 | 0.5 | 0.0% |
Data delayed by 20 mins.
Business News Wire
8:53AM Profit falls at James Hardie
7:07AM Gold falls, other precious metals rise
4:17PM Chinalco Yunnan shares jump
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Dollar stumbles on Fed minutes
7:53am |
The Australian dollar dropped to close to a one-year low following some positive comments on the US economy by the head of the Federal Reserve.
- Wall Street US stocks fall on possible Fed retreat
- Global Markets World stocks mixed as gold sinks
- need2know Stocks set for losses as Aussie slides
- Dollar slips on confidence data
- More Markets
Mapping out a promising stock
If you require higher resolution photos, there's a small, listed company you turn to.
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Video
Ireland rejects blame in Apple tax row
Ireland rejects blame for the low rate of tax paid by Apple after a report said the company kept billions of dollars in profits in Irish subsidiaries. (02:46)
World Business
Too soon to taper stimulus, says Fed
5:49am |
The Federal Reserve's monetary stimulus is helping the US economy recover but the central bank needs to see further signs of traction before taking its foot off the gas, says Ben Bernanke.
- Taxation Apple's tax minimisation laid bare
- BoJ holds steady despite bond turmoil
- Courts UBS whistleblower case proceeds
- Trade Japan trade deficit worsens in April
- Brands Aussie icons rank among world's top-100 brands
- Markets HK market closed due to rain
- Social media Social media shake-up as Yahoo bids for Tumblr
- More World Business
Irrational investors bet on boom
The latest poll of Morgan Stanley's top clients from across the world says it all.
Comment & Analysis More Comment & Analysis
Bernie ban sort of fizzles out
Myer might be under siege from internet shopping, but it seems the permanently outraged denizens of social media are unable to stop the store's tills ringing - or can they?
- Elizabeth Knight Seven-year hitch works out for KKR
- Fairfax shareholders keen for news on Domain and paywalls
- Investment Gold Coast, western Sydney offer banking clue
- Malcolm Maiden Bond market almost worth the wait
- Michael Pascoe Industry calls for tax on super lump sums
- Elizabeth Knight Worner to raise the stakes at Seven
- More Comments & Analysis
Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
You're in the ATO's sights
CHRISTOPHER NIESCHE 23 May |
Even the squeaky clean dislike the ATO's attention. Here's what they're looking for this year...
Gen y: entitled or talented?
Do you employ young people? You're going to need to pull out all stops to keep their attention.
Money Saving | Borrowing | Investing | Planning | Super & Funds | Tax | Tools & Guides
Budget Special: Don't spook the boomers
MARCUS PADLEY |
The message is, if you ever want to get elected, you have to be nice to the baby boomers.
- BUDGET SPECIAL Budget Special: The cuts are now personal
- PLANNING Who wants to be super millionaire?
- HOT STOCK Hot Stock: Here comes the Sunland
- Money's weekly Morningstar tables
- ASK NOEL Budget Special: Trial will help downsizing
- BUDGET SPECIAL The mother of all super shortfalls
- INVESTING Share ownership lowest since 2000
- SUPER Budget Special: Tinkering undermines system
- INTELLIGENT INVESTOR Exposure appeals as recession looms
- THE CHARTIST Has gold more shimmer to shed?
- More Money
Bouris fired up over low-fee super
Mark Bouris' Yellow Brick Road is hoping to capture a slice of the $1.5 trillion in superannuation savings with the launch of a low-fee super fund.
