Insights

Seven Group is looking at new sectors such as agribusiness and water for growth as the group weathers a downturn in mining services which will see it cut 1000 staff from its Westrac business this year.

The competition regulator has dropped its investigation into allegations of cartel behaviour between James Packer's Crown Resorts and rival Echo Entertainment, saying there is insufficient evidence to support charges following a thorough investigation.

Bega boss Barry Irvin had a simple message to deliver as he hit the road to visit Warrnambool Cheese and Butter shareholders on Tuesday night.

Finance Minister Mathias Cormann has attempted to hose down suggestions former treasurer Peter Costello is being lined up as the next chairman of the Future Fund, declaring there is "no vacancy" for the $92 billion investment fund.

The New Zealand government has gained $NZ365 million ($324 million) from selling a 20 per cent stake in Air New Zealand, taking the total raised from its asset sales program to almost $NZ4 billion.

The government's financing arm has taken a step towards building a market to support long-term borrowing by infrastructure projects, issuing its longest-dated bond.

Macquarie Group is ramping up its aggressive push into home lending, joining the rush of banks increasing commissions for mortgage brokers.

The sharemarket closed lower for a second straight day after investors took their cues from a late slide on Wall Street.

The virtual currency Bitcoin took a big step toward the mainstream on Monday as US authorities signalled their willingness to accept it as a legitimate payment alternative.

The GPT Group's counter-offer for the Commonwealth Property Office Fund has ignited talk of another round of mergers and acquisition among real estate investment trusts, analysts said.

GPT Group has opened the floodgates in the real estate investment trust sector by trumping its rivals with a surprise $4 billion offer for the Commonwealth Property Office Fund (CPA).

A turnaround in sentiment for business has led to an improved outlook for the Sydney leasing office sector, despite vacancies rising marginally during the past three months, according to new data.

Several luxury brands are set to abandon Melbourne's embattled Emporium development after high-end tenant Gucci ditched its new store in the flagship retail project in favour of expanding its store in Collins Street.

The full text version of the articles in this section is available in The Age for this date.

The New Zealand government has gained $NZ365 million ($324 million) from selling a 20 per cent stake in Air New Zealand, taking the total raised from its asset-sales program to almost $NZ4 billion.

Paladin Energy has defied shareholder pressure by reappointing managing director John Borshoff on a new contract that will see him push into his 21st year in charge of the uranium miner.