James Murdoch has defended 21st Century Fox’s decision in August to withdraw its $US75 billion bid for Time Warner and taken a swipe at Google as the company’s management prepares to face investors this week to explain why it thinks it is better off alone.
As the Australian benchmark index hovers within about 60 points of officially entering a correction, over four in 10 of the top 200 listed stocks have already slumped by greater than required hurdle of 10 per cent over six turbulent weeks.
On the eve of the government announcing a reversal of the current employee share scheme system, leading technology entrepreneur and Atlassian co-founder has warned the current taxing of employee equity is forcing workers overseas.
A brief but intense storm brought hail and thunder on Monday evening but worse conditions are expected on Tuesday.
Local shares are poised to open lower as Wall Street slumped late amid sliding oil prices and third-quarter earnings season wariness while the price of iron ore jumped 4.9% overnight.
A national register of financial planners armed with a consumer-led rating system could become a “game changer” for an industry that lacks transparency and has raised alarm bells for years.
Taking part in a large population medical cannabis trial is a significant step for ACT, says Chief Minister Katy Gallagher.
An eight-year-old boy has died in hospital after he was hit by a car while riding his bicycle in Sydney's north-west on Monday evening.
Prime Minister Tony Abbott has set up a confrontation with Vladimir Putin, promising to ''shirt-front'' the Russian President when the pair meet at the G20 summit in Brisbane next month.
Sophie Mirabella would be welcomed back into Coalition ranks, her former colleagues say, but the controversial former Liberal MP would likely face a three-cornered contest against independent Cathy McGowan and a Nationals candidate.