Full-time jobs surge
CHRIS ZAPPONE 2:01pm | Australia's unemployment rate hits 5.4 per cent in April, exposing lingering weakness in the job market.
Goldies faces class action over 'dodgy' options
MICHAEL EVANS 12:20pm | The embattled investment banking giant is targeted by Slater & Gordon, amid allegations of deceptive conduct on option contracts.
Macarthur gives up on Gloucester takeover
5:23pm | Takeover target Macarthur Coal has given up its bid to acquire smaller miner Gloucester Coal.
Feeding frenzy as lawyers smell blood
A thousand people an hour have swamped the hotlines at IMF Australia, which will fund the lawsuits against the big banks.
Surplus? Growth? Good luck with that
WILLIAM PESEK 9:01am | You don't tend to make money betting against Australia. Until now.
- Sigma CFO follows CEO out
- AMP in no rush to place bid for AXA
- Optus net profit up 16% on strong mobile additions
- GPT to enter discussions with lawyers over class action
- US regulator to eye Viralytics product
- Investor Pulse Tax cut on savings is nice, but what of property?
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ASX 200 | 4652.779 | 79.827 | 1.75% |
Dow Jones | 10896.91 | 148.65 | 1.38% |
Nasdaq | 2425.02 | 0 | 0.00% |
Hang Seng | 20457.19 | 244.7 | 1.21% |
NZ 50 | 3195.803 | 39.725 | 1.26% |
Data delayed by 20 mins.
Markets ASX Indices | ASX Top Movers | GICS Industries | Currencies
Shares rally as confidence grows
4:18pm | Australian shares rallied today, as Spain's plan to cut spending soothed investor fears about Europe's debt woes and soaring domestic employment boosted confidence.
Mother of all pay days awaits IMF
Insider Litigation funder IMF's shares rise 10% on news of a class action.
- Insider Telstra profit downgrade looms
- Insider Peabody drops offer price
- Insider Earnings outlook stronger
- Insider Banpu jumps on Centennial
- Insider New tax may cut price for Arrow
Video
The scramble to reclaim bank fees
Up to 500,000 people are expected to join a class action against banks for repayment of dishonour and late fees. (01:44)
World Business
US trade deficit hits one-year high
7:01am | The trade deficit in the US widened in March to the highest level in more than a year as the cost of imported oil climbed and companies restocked shelves with goods bought abroad.
Spanish U-turn as wages cut
Spain's Prime Minister does a U-turn and caves in to pressure from Europe.
Comment & Analysis More Comment & Analysis
Canadians on rocky road in Transurban bid
IAN VERRENDER | The company's chief may seem like the kid in the lolly shop, but the parents are refusing to cough up the cash.
- CBD Multiple demands on Anderson's powers of concentration
- Investor Pulse Few oppose a savings tax cut, but what of property?
- Elizabeth Knight Big four banks can count their blessings
- Philip Kirchlechner Sounding alarm bells
- William Pesek Surplus? Economic growth? Good luck with that
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Small Business Resources | Startup | Entrepreneur | Franchise | Manage | Market | Trends
Small business council chief resigns
TONY FEATHERSTONE 2:41pm | The Council of Small Business of Australia has started searching for a new chief executive after Jaye Radisich's shock resignation today.
Money Planning | Investment | Banking | Property | Superannuation | Tax | Tools
Profile: Monique Conheady
30 Apr | This entrepreneur turned a green conscience into a growing business.
Big returns come from small caps
Experts give their top investment tips among our smaller companies.