CEO paypackets hit record high
A surge in bonus payments to CEOs and soaring stock markets has pushed executive pay packets to new highs, a survey has found.
Australia’s auction clearance rate dropped to 55.8 per cent last week, from 69.4 per cent over the same period last year, according to CoreLogic.
Whitehaven Coal is benefiting from thermal coal prices hovering at seven-year highs, amid strong demand from China and India.
Keytone Dairy plans to increase production and China exports with the $15 million raised ahead of a planned float on the Australian share market.
Confidence in Australia’s housing market has fallen to a two-year low, according to NAB’s residential property survey, as the bank slashes its price forecasts.
AMP is the latest lender to impose out-of-cycle mortgage rate hikes in a move that could put further pressure on the housing market.
Comcast Corp has raised its bid for British pay-TV group Sky to $US34 billion, exceeding an earlier offer by Rupert Murdoch’s 21st Century Fox.
APRA says its crackdown on risky mortgage lending is largely complete, as lenders’ higher rates also help cool the housing market.
ASIC has banned a former National Australia Bank branch manager for seven years for committing loan fraud in order to generate commissions.
The number of home loan approvals rose in May, beating market expectations, the latest Australian Bureau of Statistics housing finance figures show.
Village Roadshow’s directors and bosses have agreed to a 25 per cent cut in feeds and pay as the group writes down the value of its Gold Coast theme parks.
YouTube says it will make ‘authoritative’ news sources more prominent in an attempt to counter the spread of fake videos and news.
The majority of Yancoal’s 205 staff at its Austar underground coal mine have been redeployed to three mines as the group awaits a decision on its reopening.
James Packer has quit the board of his family business, Consolidated Press Holdings, due to personal reasons, four months after resigning from Crown Resorts.
A dramatic police chase came to a screeching halt in Tallygaroopna this afternoon, leaving locals stunned and grateful no-one was injured. The hour long chase reportedly reached speeds of nearly 200 kph as seven police pursuit vehicles attempted to...
AN EIGHT-year-old boy and his grandfather suffered cuts and a family was left shocked after a flying piece of scrap metal smashed into both of their cars. A Cobram family of four was in their 4WD heading towards Moama on the Cobb Hwy near Milgate Rd...
An open offer from the Kyabram District Football Netball League seeking new clubs to help swell its ranks has potentially started an arms race across the region.