Coles to pay $11.25m in fines, costs

Coles will pay $11.25 million and refund suppliers after the Federal Court accepted its settlement with the ACCC
The merger will bring together top-rating stations 2GB in Sydney and 3AW in Melbourne.

ACCC takes Chrisco to court

The ACCC is taking Chrisco Hampers Australia to court over misleading statements in its lay-by agreements.

APN buys 96FM from Fairfax

Fairfax has sold Perth radio station 96FM to APN for $78 million and will merge the rest of its network with Macquarie

No oil price conspiracy: Saudi chief

Saudi Oil Minister Ali al-Naimi is confident world prices will improve after the recent slide.
Australia's richest person, Gina Rinehart, has bought land and cattle in NSW, expanding her presence in the beef industry.

Telstra secures $390m NBN contract

Telstra secures a planning and design contract worth up to $390 million for the NBN rollout which spans up to four years and includes fibre to the node

Storm clouds ahead for Incitec

Chemical company Incitec Pivot is facing some headwinds including rising gas prices and weaker demand for explosives, shareholders heard at its AGM
Rising numbers of travellers from Asia continue to drive passenger growth at Sydney Airport.
A BBC report has found poor treatment of workers is rife in Chinese factories making Apple products.

Santos secures $1b for a rainy day

Energy giant Santos has secured $1b in new debt from the ANZ Bank ahead of a potential balance sheet shakeup in 2015 as GLNG comes online

Quickflix asks customers for money

Following the failure of its latest capital raising, streaming service Quickflix is asking its customers for money.
The Insurance Council of Australia is warning people who use ride sharing taxi services to be cautious.
Environmentalists have targeted the annual general meetings of ANZ and National Australia Bank.
The geographical pattern of home price rises will shift in 2015, Tim Lawless, head of research at housing market analysis firm CoreLogic RP Data, says.

Editor's Choice

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

Uber has been heavily criticised for its practice of implementing “surge pricing” during times of high demand, perhaps never more so than earlier this week when prices...
In an interview with Channel Nine, Prime Minister Tony Abbott says his biggest achievement for women in 2014 was repealing the carbon tax.
British pop superstar Elton John has married long-time partner David Furnish on the ninth anniversary of their civil partnership.
In a stellar career spanning five decades and two continents – and in a time when many fear the dying out of traditions – Paroula Thurban has been giving...
The National Film Preservation Board has added the Coen brothers’ cult classic The Big Lebowski to the National Film Registry.
Derby was born with deformed front legs. But lucky for him, he was fostered by a woman who works in 3D printing.
Thousands of miles away from the North Pole, a 'Christmas Village' in China's Zhejiang province is filled with 'red factories' that produce Christmas products for...