DataRoom AM: Qantas cold shoulder
Qantas looks like it may have to fend for itself, while GrainCorp's exiting boss gives the government a serve.
Oh my, Paul Krugman edition
Paul Krugman has previously rejected the argument that new debt creates aggregate demand, but recent musings suggest a major shift in his thinking on the subject.
Horrors continue for QBE
It was a horror week for QBE: $6 billion wiped from its market worth, another large earnings downgrade and a chairman going.
Qantas shelves project to upgrade ageing IT system
Qantas has shelved a project to replace a 26-year-old IT system which supports almost 10 million members of its frequent-flyer loyalty program because it would have to spend another $40 million to complete.
Construction jobs to crash in four years
The resources industry construction workforce is set to collapse over the next four years, plunging 91 per cent and shedding more than 78,000 jobs by 2018, dwarfing the Holden closure job losses.
Country airline shuts down after most of fleet grounded
Regional NSW carrier Brindabella Airlines is in the hands of receivers KordaMentha after it failed to recover from the grounding of eight of its 10 aircraft because of overdue maintenance checks.
Smaller lenders get bigger share of loan deals
Smaller lenders are grabbing a bigger share of mortgage customers as the home loan market continues to set new records.
Resource sector's jobs crisis
Call 2900 Holden jobs a crisis? Nah, this is a jobs crisis: 78,000 positions disappearing from resources construction over the next four years.
Powering states to be one economy
It's been a year of anniversaries: 50 years since The Australian Financial Review became a daily, 30 years since the floating of the dollar, 21 years since the Council of Australian Governments replaced the special premiers' conference and 15 years since the start of the national electricity market.
Moving right along from the 1970s the US considers change to crude export policy
Signalling a possible break with 40 years of energy policy, Energy Secretary Ernest Moniz has suggested it may be time for the Obama administration to reconsider the United States' ban on exporting crude oil.
Europe weighs up hazards of Bitcoin
Trading Bitcoins could bleed you dry, the European Union's top banking regulator said as it weighed up whether to regulate virtual currencies.
Google boosts robotics investment
BigDog, Cheetah, WildCat and Atlas have joined Google's growing robot menagerie.
Bob Jane may face bankruptcy with $1m tax bill
Former tyre king Bob Jane has been slugged with a $1 million tax bill that could push the beleaguered businessman into bankruptcy.
Regional banks call for action
Regional banks are urging the government to make lifting the competitiveness of smaller lenders a central goal of the financial system inquiry, saying the probe presents a rare chance to level the playing field.
Pathology industry cries foul over rents
The multibillion-dollar pathology industry is urging the government to cap the rents it pays to blood collection centres, claiming that hefty payments could put small pathology operators out of business.
CMC Markets Weekly Report
U.S. stocks on Friday mostly gained, cutting weekly losses, as investors remained cautious before a Federal Reserve policy meeting this week that should shed light on the central-bank's plans for its asset-purchasing program.