Tax dispute puts the squeeze on SP Ausnet profit
SP Ausnet is running up an interest bill of $350,000 a month on a multimillion-dollar dispute with the Tax Office, which is under appeal.
High dollar and lower prices blow hole in Incitec profit
Incitec Pivot has blamed the strong Australian dollar and the slowdown in the mining sector for a slump in its full-year profit.
Canadians get go ahead for WCB bid
Treasurer Joe Hockey may have unconditionally backed Saputo's $450 million takeover offer of Warrnambool Cheese & Butter but rival bidders believe they still have a fighting chance to control Australia's oldest listed milk processor.
Intrepid pressed partner to sign over share in project, says court
Paul Willis signed away his stake in a jumbo gold project to Intrepid Mines in the lounge of a Jakarta hotel on April 21, 2008. He said he had no choice; he was surrounded by armed bodyguards in black suits at the time.
Embattled Penrice looks to brighter future
Penrice Soda is confident the worst is behind it as cashflow improves following $140 million of losses run up over the past three years.
Election glow fades as reality bites business
The election boost to business confidence has faded as firms continue to grapple with weak conditions and soft domestic demand.
Investors wary ahead of Fed stimulus move
The sharemarket edged higher on Tuesday as investors largely stayed on the sidelines amid uncertainty over when the US Federal Reserve will start to trim its bond-buying stimulus.
Take online financial advice with a hefty dose of salt
More people are turning to the internet for financial tips and information on financial products.
Dexus deal to boost earnings
Dexus Property will increase its 2014 earnings by up to 1.25 per cent and is in line for a debt ratings upgrade, upon the successful completion of the $3.84 billion offer for the Commonwealth Property Office Fund.
Rising confidence to squeeze office yields
Rising business confidence and low debt costs are likely to dampen yields for core office assets by 100 basis points over the next three years, Colliers International forecasts.
Clarification
Last week, BusinessDay reported on three strata sales worth more than $4.5 million in the former Singapore Airlines House negotiated by Daniel Wolman of Colliers International. The correct address is 420 Collins Street
Incitec blames dollar for slump
Incitec Pivot has blamed the strong Australian dollar and the slowdown in the mining sector for a slump in its full-year profit.
Suitors rejected at farm gate
Australia is the most difficult place in the world to start a new agribusiness project even as demand from Asia's middle class surges, says Deepak Saxena, who just completed one of the largest greenfield agribusiness projects in Australia.
PM's top adviser trapped in a time warp
When Prime Minister Tony Abbott chose Maurice Newman as chairman of his business advisory council - to give senior politicians "dependable and fearless advice" - he picked a businessman whose views appear to be trapped in a time warp.
Local papers weigh down News Corp
News Corp's shares took a tumble on Tuesday after the media group reported its Australian newspapers dragged down its first quarterly result as a stand-alone company.
Soccer loss hits BSkyB shares
British Sky Broadcasting pleaded with European football officials for three days to reopen negotiations for the live television rights to Champions League matches after BT Group entered exclusive discussions.