US energy giant Chevron is looking to sell its 50 per cent stake in oil refiner and distributor Caltex Australia in a deal believed to be worth over $4b
A leading economist says the economy is in bad shape, with a 50/50 chance of recession, meaning now is the time to make big changes.
Evolution Mining is in talks to buy Egpytian billionaire Naguib Sawiris' Frog's Leg Gold Mine at Kalgoorlie.
Skydive the Beach, which recently had a customer in her 90s, added $10 million to its market value within the first 10 minutes of its share market listing.

Metcash supermarkets CEO to leave

After 13 years with the company, Metcash's supermarkets business head, Fergus Collins, has quit.
Mining magnate Gina Rinehart has again lashed governments for failing to lower regulations and costs in response to falling commodity prices.
Plans for a $16.5 billion coal mine in Queensland's have been delayed by Indigenous protesters.
The property price boom is inspiring some struggling mortgage holders to sell their home rather than fall behind on payments.
The world's top-selling car maker, Toyota, has outlined a new "architecture" centred on product development and manufacturing initiatives.

Glencore to close NSW coal mine

Global miner Glencore has brought forward plans to close its West Wallsend coal mine in NSW to mid 2016.
With the cost of capturing and leveraging data falling, there’s millions of dollars to be made, the heads of two tech giants say.
Property investors are being warned to tread carefully as experts echo the central bank's concerns about the growing risks of a housing bubble.
Rio Tinto chief executive Sam Walsh has ridiculed Andrew "Twiggy" Forrest's idea of capping iron ore production as nonsense.
Media industry veteran Nick Falloon will replace outgoing Fairfax chairman Roger Corbett after the company releases its earnings results in August.
PaperlinX is in talks with its European financiers to work out if the packaging group has breached the terms of a bank loan.

Editor's Choice

Our pick of the best content from SBS News & Current Affairs and our content partners.

Ovarian cancer is much rarer than breast cancer. So those of us who work in the field actually hope there’s no 'Jolie effect' in this instance because it’s likely to...
A majority of Australians support the push to recognise Aboriginal and Torres Strait Islanders people in the nation's founding document, a new poll has found.
Sweden has long been progressive on gender egalitarianism, and now its language is officially catching up.
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Intermittent fasting has become a popular diet. In most versions of intermittent fasting, people fast or eat very little a few days each week and then eat normal...
Les Murray speaks with football legend Pelé.
A leaked TPP draft chapter reveals Australia has pushed to exclude certain medical institutions from provisions that allow corporations to sue governments.