Insights

Contract miner Macmahon Holdings has pointed to a "challenging year ahead" amid increased competition for new contracts with little optimism of a near-term turnaround.

For a brief moment on Friday, a small company that did not exist four years ago and will barely turn a profit was worth more than a $1 billion.

North Melbourne site taken to new heights

Department store giant Myer is to grow its online capabilities with the opening of its own distribution centre, in a trend that is set to gain traction in the retail sector.

Two properties in Melbourne's legal precinct have been sold for more than $20 million to developer Central Equity.

Racing identity and Ultra Tune owner Sean Buckley has been hit with a $1.5 million bill after losing a legal action over his investment in a failed forestry scheme.

The sharemarket recovered to close the week flat after suffering its biggest daily slump in six weeks on Wednesday.

Webjet's annual meeting on Wednesday was one that shareholders in the airline ticket and hotel booking group are unlikely to forget. When they turned up, the scrip had last fetched $2.86 and, in October, the shares had sold up to $3.87.

With home ownership among younger people in decline, where does that leave their prospects for wealth creation?

Going guarantor for adult children can seem like the simple solution to helping them onto the property ladder.

First home borrowers are at record lows as they face skyrocketing property prices, the struggle to save a deposit and investor competition, writes Simon Johanson.

ANZ chief executive Mike Smith remains the highest-paid bank boss in Australia, after higher bonus payments pushed his remuneration to $10.4 million.

TAL, Australia's second-biggest life insurer, has posted a slide in half-year profit but expects price rises to contribute to a better performance this half.

Car industry workers will go to Canberra next week to lobby MPs over the future of the auto industry in Australia.

As Janet Yellen was preparing to effortlessly pass her examination by a US Senate banking committee this week, another US Federal Reserve heavyweight was revisiting his roots in this country. Richard Fisher

Some investors are unhappy and ready to challenge the board, writes Elizabeth Knight.