Category: Business

Wesfarmers to spin off Coles by November

Wesfarmers says its scheduled demerger of Coles will be completed in November, pending shareholder and regulatory approvals. As part of the...

Sydney housing slump could last to 2020: economists

Economists are forecasting that Sydney’s property market slump will last at least another two years because of tighter lending, sparking...

Fairfax and News Corp reach historic printing deal

Publishing competitors Fairfax and New Corp Australia have struck an historic agreement that will see them use each other’s printing...

Executive pay on the rise

The Australian Council of Superannuation Investors’ (ACSI) 17th annual survey of chief executive remuneration in ASX200 companies has...

China economy slowdown amid escalating trade war spells problems for world economic growth

China’s economy slowed down in the June quarter, expanding by 6.7 per cent, down from the previous quarter’s 6.8 per cent, its slowest...

The market in the week ahead

The market is in for a soft start with the ASX Futures at – 0.1 per cent as investors analyse the impact that the looming trade war will...

Markets slide as Trump steps up tariffs

Global markets have tumbled after the US escalated its trade dispute with China, threatening tariffs on $200 billion ($A279) of its...

Business conditions hold steady

Business conditions have edged up slightly, rising one point in the month to +15 index points, after a slight easing in May, according to...

James Packer resigns from board of family company Consolidated Press Holdings

James Packer has resigned from the board of his private family group, Consolidated Press Holdings (CPH). According to a notice lodged with...

The market in the week ahead

  The Australian market is in for a positive start with the ASX Futures up 0.4 per cent following a solid performance last week. There...