CME Group senior economist Erik Norland says Australia's debt-laden companies and households would not be able to bear the shock of an interest rate rise.
Travel insurer Cover-More is buying US-based Travelex Insurance Services for $138 million, and will fund the purchase through a $73.3 million equity raising.
A drug developed by an Australian pharmaceutical company to treat cystic fibrosis patients has received Russian government approval.
Internet usage is on the rise around Australia as users juggle their work, shopping and entertainment needs.
Flight Centre has expanded its presence in Europe further after buying the corporate business of online travel agency eDreams ODIGEO.
The Australian dollar may drop as much as 10 per cent if controversial US Republican candidate Donald Trump is elected president in November.
Mining giant Rio Tinto plans to buy back up to $US3 billion of its bonds as part of an ongoing capital management program.
Australian autoparts firm Bapcor wants to take over New Zealand's Hellaby Holdings, which will give it access to the cross-Traman autoparts market.
The Aussie dollar has risen against the greenback as the market keenly awaits the first US presidential debate.
Mobile payments outfit Square - the company started by Twitter boss Jack Dorsey- has chosen Australia as the first ex-US market for its contactless card reader.
Air Berlin is set to reduce its fleet by half and cut 1000 jobs by the end of 2016, a German newspaper reports.

Property auction activity picks up

Auction clearance rates are rising as fewer properties hit the market compared to last spring.
The Insurance Council of Australia has declared a catastrophe after major flooding in central NSW, allowing insurers access to disaster response resources.
Gender diversity has more impact on company performance at the management level, Credit Suisse says, and Australian companies are sliding in that respect.
Pizza Hut's new owners say they are considering acquiring Eagle Boys to grow the Pizza Hut brand as a strong number two player.
Advertisement
Advertisement

Editor's Choice

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

In the aftermath of the first US presidential debate between Donald Trump and Hillary Clinton, an American politics expert picks his winner, and predicts what we...
An SBS investigation reveals embarrassing flaws in the police re-examination of potential gay-hate murder cases.
Australian banks may have restricted borrowings to international property investors, but that has hardly proven an obstacle to foreign buyers.
The history of blackface has shown us that, regardless of intent, this practice cannot be seen as respectful and will offend people, writes Marion Gray.
A photo of a father and his son who lost their lives during one of the heaviest airstrikes in the Syrian conflict has been released, depicting the plight of...
Determined to make a difference in his newly adopted country, Arsene Bounda has recently graduated from Victoria's police academy.