BHP breaks ranks on iron ore

BHP Billiton raised eyebrows breaking with the full speed growth mantra of the mining giants, announcing a slowdown in its expansion.
CSG explorer Metgasco has successfully challenged the suspension of its drilling licence by the NSW government.
Ford says it will lay off 700 US workers due to slow car sales.
Loss making mining services contractor Macmahon will shed another 40 roles over the next few months as it deals with declining revenues.
Xero shares have dropped 10 per cent after the cloud-based accounting software business almost doubled its full year loss.
General Motors says it made $US945 million as US consumers got used to lower petrol prices and decided to buy bigger vehicles.

NAB tips no rate cut in May

One of Australia's largest banks has changed its forecast for the Reserve Bank's next meeting and is now tipping for rates to stay on hold in May.
Foreign property investors are supporting the economy and actually helping to keep prices under control, ANZ economists say.
The recent shutdown of a French TV station by IS militants show the dangers of hacking, Telstra's head of cyber security says.

Spotless CEO to step down

Bruce Dixon will step down as CEO of Spotless Group at the end of 2015, ending three years in the job.
The renovation market will continue to struggle in 2015 before experiencing a modest recovery over several years, the Housing Industry Association says.
Victims of dodgy financial advice from the Commonwealth Bank are being offered up to $14m to have their cases independently reviewed.

RBNZ not considering raising rates

The kiwi dollar has dropped almost half a US cent after the Reserve Bank's assistant governor says it's not considering raising interest rates.
Economists are scratching their heads as to why businesses remain unhappy about the level of the Australian dollar, despite it hitting six-year lows.

Storms bill at $161m and rising

Storms that tore through parts of NSW this week are estimated to have caused $161m worth of damage, a figure that is likely to rise.
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A team of scientists in China dropped a bombshell earlier this month, and almost nobody noticed.
Native American actors have walked off a film set in the US, citing disrespect and cultural insensitivity.
A prominent American anti-vaccination advocate has shared an image likening immunisation to rape, one day after it was pulled offline by an Australian organisation.