Macquarie's airport plan gets nod
Macquarie Group shareholders have backed a proposal to distribute its $1.3 billion stake in Sydney Airport to investors, severing a long relationship between the bank and the country's biggest airport.
Wooldridge, Prime Trust directors 'breached duties'
A Federal Court has found the directors behind failed nursing home empire Prime Trust, including former federal health minister Michael Wooldridge, breached their corporate duties by overseeing a $33 million fee to the trust's founder.
Call us, not Qantas, in a crisis: Virgin
Virgin Australia is putting up its hand to help in any evacuations of Australians from international trouble spots, challenging perceptions that rival Qantas is the airline to call on in times of need.
Aust stocks close lower
The Australian stock market has closed weaker after local unemployment edged higher and a reduction in United States monetary policy next week became more likely.
Hot offerings get the cold shoulder
As the year draws to a close, investors are opting for stable cash flows and solid valuations over "hopes and dreams" fund-raising campaigns.
Solar no freeloader
A new report shows that solar may actually help reduce the bills of all electricity consumers, not just those that install systems. It illustrates that regulators need to gather much better data and exercise care in changing tariffs.
Labour pains add to the RBA's challenges
It's too early to talk about a recession just yet, but falling workforce participation and a decline in full-time employment will be of concern to central bank policymakers.
Thank you Holden, but Joe was right
Two of the most talented engineers I know cut their teeth at Holden. But there are better ways to use their skills.
Who's doing well in commercial and residential?
There are some solar PV businesses having repeated large scale success, but overall market share figures reveal a surprise.
Turnbull dodges the worst from a damning NBN review
The Coalition's strategic review vindicates Malcolm Turnbull's plan to make the most of existing networks and save taxpayers an absurd expense. But his credibility now hangs on the delivery.
Aust stocks fall at noon
Local market weakens, falling below 5,100 level after weak international leads.
Market Insights: Decline deepens
Our market has turned down to extend recent losses, with McMillan Shakespeare a notable casualty of the General Motors decision to exit Australia.
Flirting with a dicey NEM fix
A demand response mechanism could prevent billions being wasted on supply. But the expensive scheme to be considered tomorrow is convoluted, crude in areas and may actually add to participant costs.
Australia's car component makers turn to the East
For car parts manufacturers, the centre of gravity has shifted to Asia. Some have already grabbed the opportunity and are being handsomely rewarded.
Rio Tinto takes a walk on the safe side
The miner's focus on reducing operational costs, as well as continued reining in of capex, shows it's putting shareholder returns ahead of its growth profile for now.
ThinkSmart's divestment is smart thinking
Consumer financing solutions group ThinkSmart is unlocking millions of dollars worth of shareholder value by selling its Australian and New Zealand operations for nearly the market value of the company.