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The Age National Headlines

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Brickworks half-year profit up 35%

Wed, 22 Mar 2017 21:55:13 GMT

Building products group Brickworks lifts its interim dividend a cent after half-year net profit rises 35 per cent to $104.1 million.

Catch Group buys Pumpkin Patch brand

Wed, 22 Mar 2017 21:16:17 GMT

Failed kids fashion chain Pumpkin Patch will be relaunched online in July by the parent company of online clothing and homewares site CatchOfTheDay.

Stocks to watch

Wed, 22 Mar 2017 20:51:11 GMT

Stocks of interest on the Australian share market

Australian market set to open higher

Wed, 22 Mar 2017 20:33:11 GMT

Australian shares are set to open higher a day after the S&P/ASX200 suffered its worst one-day fall since November with $30 billion wiped off the market.

Soul Pattinson lifts first-half profit 56%

Wed, 22 Mar 2017 22:05:13 GMT

Washington H Soul Pattinson has lifted its first-half profit 56 per cent to $149 million, with all investments other than Ruralco performing well.

Don Dale: Youth detention centre was 'spiralling out of control' before gassing incident

Wed, 22 Mar 2017 08:08:02 GMT


A former Don Dale Youth Detention Centre guard says the security climate was "spiralling out of control" in the lead up to an incident where boys were tear- gassed.

Soul Patts ends Hunter Hall offer with 46%

Wed, 22 Mar 2017 05:03:13 GMT

Washington H. Soul Pattinson has built up a 46.3 per cent stake in ethical fund manager Hunter Hall International.

Bankwest shifts non-WA corporate customers

Wed, 22 Mar 2017 04:25:16 GMT

Bankwest is shutting its corporate banking services outside of its home state of WA and moving customers to parent Commonwealth Bank.

Westpac tailors app for messaging addicts

Wed, 22 Mar 2017 04:24:13 GMT

Westpac will let customers do some of their basic banking within apps such as Facebook Messenger, Snapchat and Twitter.

Creso Pharma shares jump on Brazil deal

Wed, 22 Mar 2017 06:19:13 GMT

Shares in hemp and cannabis-based therapy developer Creso Pharma have soared after it signed up Brazil's Sin Solution as a commercial partner.

Nufarm making progress on omega-3 canola

Wed, 22 Mar 2017 05:31:14 GMT

Nufarm is getting closer to commercialising its omega-3 canola, a potentially lucrative alternative source of the healthy fatty acid.

Coral crisis: the Great Barrier Reef needs us to speak up

Wed, 22 Mar 2017 11:36:06 GMT


The Great Barrier Reef is dying on our watch, and that's almost all we're doing.

Building watchdog cut deal with blackmailer to testify against CFMEU, but case thrown out

Wed, 22 Mar 2017 06:32:05 GMT


High profile Federal Court case against CFMEU thrown out.

Mining downturn adds to mortgage stress

Wed, 22 Mar 2017 04:09:13 GMT

Eight of the top 10 suburbs with the highest percentage of home loans more than 30 days in arrears are in Queensland or WA.

Predator posed as Justin Bieber on music app to target eight-year-old girl

Wed, 22 Mar 2017 06:45:05 GMT


A Melbourne woman says she felt horrified and sick after a predator posed as pop star Justin Bieber on a popular music app and asked her eight-year-old daughter to send him nude photos.

Evolution on track for FY output guidance

Tue, 21 Mar 2017 22:35:13 GMT

Evolution Ming says it remains on track to hit its March quarter and full-year gold production guidance.

Anglican leaders promise unity on child protection: royal commission

Wed, 22 Mar 2017 05:35:10 GMT


Australia's most senior Anglicans have told a royal commission they will work together to improve child protection.

Herbicide maker Nufarm returns to profit

Wed, 22 Mar 2017 05:28:14 GMT

Chemicals and seeds supplier Nufarm has returned to profit and delivered a positive outlook despite strong competition.

Trump concerns send stocks tumbling

Wed, 22 Mar 2017 06:22:11 GMT

The Australian share market has fallen sharply, in line with other global markets, due to concerns about delays for Donald Trump's health and tax policies.

Stocks to watch

Wed, 22 Mar 2017 05:29:11 GMT

Stocks of interest on the Australian share market

Don Dale: Northern Territory government to pay $53,000 compensation to teenagers

Tue, 21 Mar 2017 07:35:05 GMT


The Northern Territory government has lost a civil lawsuit and will pay a total of $53,000 to four teenagers who were tear-gassed at Darwin's Don Dale youth detention centre.

China optimism lifts Blackmores, Bellamy's

Tue, 21 Mar 2017 05:49:13 GMT

Shares in stocks involved in the lucrative cross-border e-commerce trade in China have surged as Beijing reportedly decided to keep the model largely intact.

Qantas CEO defends right to talk marriage

Tue, 21 Mar 2017 05:05:13 GMT

Qantas chief executive Alan Joyce has defended companies' right to speak out on social issues, and says more open societies attract better talent.

National employment standards need an overhaul: former Fair Work commissioner

Tue, 21 Mar 2017 08:01:02 GMT


The employment safety net needs a wide-ranging overhaul and minimum rates of pay should be cut in order to help solve youth unemployment, says former Fair Work Commission vice-president Graeme Watson.

Virgin Aust to fly Melb to HK from July

Tue, 21 Mar 2017 02:30:14 GMT

Virgin Australia will commence five return flights a week from Melbourne to Hong Kong from July 5, in a bid to tap the growing Chinese travel market.

'Look after the middle' on super: FSC

Tue, 21 Mar 2017 01:39:13 GMT

The head of the Financial Services Council says superannuation should focus on the retirement needs of the many and not those at the ends of the income scale.

Home prices jumped 7.7% in 2016

Tue, 21 Mar 2017 03:14:13 GMT

Home prices rose by an average 7.7 per cent in 2016, Australian Bureau of Statistics data shows, with gains led by Sydney and Melbourne.

Harvey Norman can't explain share drop

Tue, 21 Mar 2017 00:46:14 GMT

Harvey Norman says a report that the corporate regulator is investigating some of the retailer's accounting practices contains false statements and conclusions.

Consumer confidence hit by jobless rise

Tue, 21 Mar 2017 00:37:14 GMT

A key confidence indicator has fallen for a third consecutive week and hit its lowest level in almost a year.

Anglican dioceses fail to agree on national sex abuse policy, royal commission hears

Tue, 21 Mar 2017 06:16:04 GMT


An attempt to introduce a nationally consistent approach to child sexual abuse in Anglican institutions has been stymied by lack on consensus among the church's 23 dioceses.

Spotless shares soar on $1.3b Downer bid

Tue, 21 Mar 2017 04:40:13 GMT

Downer EDI has made a $1.26 billion takeover bid for cleaning and catering company Spotless Group, as it looks to expand its services capabilities.

Smiggle helps Premier defy retail gloom

Tue, 21 Mar 2017 05:18:17 GMT

Strong sales from key brands Smiggle and Peter Alexander have helped Premier Investments offset the tough trading conditions hitting fashion retailers.

Stocks to watch

Tue, 21 Mar 2017 06:47:11 GMT

Stocks of interest on the Australian share market

Online and Oz help Kathmandu sales

Tue, 21 Mar 2017 05:22:13 GMT

Kathmandu's CEO says customer confidence in Australia is okay, as the adventure gear retailer posted a 6.4pct rise in first-half profit.

Iron ore weighs down Aust shares

Tue, 21 Mar 2017 06:39:11 GMT

Weakness from the major miners and banks have offset gains from retailers and healthcare product makers to push the ASX slightly lower.

iiNet drives profit growth for TPG

Tue, 21 Mar 2017 03:19:13 GMT

Internet provider TPG's net profit rose 11 per cent in the first half of its fiscal year, and it may soon make a move to enter the mobile market.

Crossbenchers urged to 'put up or shut up' on penalty rates

Mon, 20 Mar 2017 13:15:00 GMT


The federal ALP, Greens and independent senator Jacqui Lambie will introduce a bill on Tuesday to invalidate the Fair Work Commission's decision to reduce Sunday penalty rates.

Australian banks lead global digital race

Mon, 20 Mar 2017 13:04:13 GMT

Australian banks are outperforming their North America and European peers in offering account products to retail customers online, according to a new report.

Cardinal George Pell lashes 'unjust' Senate call

Mon, 20 Mar 2017 10:56:02 GMT


Cardinal George Pell has accused the Senate of waging an "extraordinary and unjust" attack against him and interfering with due process.

Don Dale: Snapchat video shows guard asking detainees for oral sex, to eat faeces

Mon, 20 Mar 2017 07:07:05 GMT


A former Northern Territory youth prison guard has admitted to jokingly asking detainees to perform oral sex on him, urging a child to eat faeces and filming a boy urinating.

Parmalat dairy plant industrial dispute is over

Mon, 20 Mar 2017 08:32:11 GMT


A long-running pay battle that shut down a Parmalat dairy processing plant in northern Victoria for two months has been resolved.

Are e-books a waste of money? The surprising winner when it comes to reading

Tue, 21 Mar 2017 07:17:04 GMT


In a win for old-fashioned paper books, new research has found children with access to a range of e-reading devices are less likely to read.

Young Aussies would bank with Apple: Byres

Mon, 20 Mar 2017 05:59:13 GMT

APRA chairman Wayne Byres says there's a ready-made Australian financial services market for the likes of Apple and Google, starting with his own family.

Huawei appoints new Australian boss

Mon, 20 Mar 2017 04:55:13 GMT

Huawei executive Meng Xiaojie has taken over the reins of the mobile group's Australian operations, replacing Zhao Xichu.

Carnegie to build solar plant in WA

Mon, 20 Mar 2017 04:05:13 GMT

Carnegie Clean Energy will build a "battery-ready" solar energy plant at Northam in Western Ausralia at a cost of $15 million to $20 million.

Dick Smith leaders face legal action

Mon, 20 Mar 2017 06:20:14 GMT

Directors and executives of the failed Dick Smith electronics chain have been hit with legal action by the retailer's receivers.

Lend responsibly in 'bubbly' market: ASIC

Mon, 20 Mar 2017 03:02:15 GMT

ASIC chairman Greg Medcraft is concerned that affordability is stretched as Sydney and Melbourne house prices surge beyond historic long-term averages

Power price hikes keep customers searching

Mon, 20 Mar 2017 02:05:13 GMT

Nearly 10 per cent of adult Australians plan to switch electricity retailers, a Nielsen study shows, as rising energy cost puts pressure on household budgets.

Photographer dedicates her life’s work to fighting fund for adult hospice

Tue, 21 Mar 2017 00:26:10 GMT


A Sydney mother is honouring her daughter's last wish to highlight the need for Australia's first dedicated hospice for adolescents and young adults – By hoping to raise funds from the sale of her award winning images.

Home auctions buoyant across Australia

Mon, 20 Mar 2017 01:09:15 GMT

Demand for residential property across Australia remains strong, particularly in the nation's biggest city, Sydney.

ASIC wants clarity on 'black box' fintech

Mon, 20 Mar 2017 00:27:14 GMT

ASIC chairman Greg Medcraft says there are huge opportunities in the nascent use of artificial intelligence in financial services - but also greater risks.

SEEK lifts stake in online education site

Mon, 20 Mar 2017 00:18:13 GMT

Jobs website SEEK has struck binding agreements with Melbourne's Swinburne University of Technology to increase its stake in Online Education Services.

Tumut poised for new hydro boom

Mon, 20 Mar 2017 13:22:14 GMT


Tumut is poised for a boom following the Prime Minister's announcement of a potential $2 billion investment to expand the Snowy hydro scheme.

Rebuild task for new Murray Goulburn chair

Mon, 20 Mar 2017 02:48:13 GMT

Restructuring expert John Spark, a former Ferrier Hodgson managing partner, is the new chairman of dairy cooperative Murray Goulburn.

Stocks to watch

Mon, 20 Mar 2017 05:47:11 GMT

Stocks of interest on the Australian share market

$A holds above US77c as share market dips

Mon, 20 Mar 2017 06:22:11 GMT

The Australian dollar is holding above the 77 US cents level, but the share market is weaker after a negative US lead.

Harley Davidson seeks Downunder debt

Sun, 19 Mar 2017 16:33:16 GMT

Harley Davidson may soon ride into the Australian debt market with the iconic motorcycle brand planning to issue "hog bonds" outside the US for the first time.

Chemical crisis spreads to nation's airports

Sun, 19 Mar 2017 13:15:00 GMT


Canberra Airport and the federal government stuck in a tense stand-off.

Spending growth at two-year low

Sun, 19 Mar 2017 13:04:17 GMT

Spending in Australia grew by just 0.1 per cent in February - the lowest growth in two years.

Underemployment skyrockets to 1.1 million Australians

Mon, 20 Mar 2017 02:10:04 GMT


Australia has one of the highest levels of part-time work anywhere in the OECD.

Julia Gillard says NAPLAN, MySchool website changed perceptions of Australian schools

Sun, 19 Mar 2017 08:08:04 GMT


Former prime minister Julia Gillard has credited her introduction of national standardised testing and the creation of the MySchool website with transforming Australians' perceptions of the quality of private and public schools.

Is Malcolm Turnbull's Snowy Hydro 2.0 a breakthrough, a distraction or both?

Fri, 17 Mar 2017 13:15:18 GMT


What if the biggest government announcement in electricity generation in years was both a great breakthrough and a distraction?

Apology to Roxy Jacenko

Fri, 17 Mar 2017 13:01:00 GMT


The item "Jacenko blurs lines of reality" on December 31, 2016 stated that Roxy Jacenko had announced her breast cancer before any diagnosis had been made.

No magic bullet for energy woes: AGL CEO

Fri, 17 Mar 2017 04:35:13 GMT

The chief executive of energy firm AGL says the stress on Australia's energy supply won't last forever, but that co-operation is key.

Westpac raises its variable mortgage rates

Fri, 17 Mar 2017 03:44:13 GMT

Westpac has followed rival NAB by raising its variable mortgage rates for owner-occupiers and investors in response to increased funding costs.

Federal Government urged to rein in mortgage broking industry

Fri, 17 Mar 2017 06:30:02 GMT


Many of us trust mortgage brokers to get us the best home loan deals. But the banks are giving them incentives to make sure its interest are placed first.

Consumer groups urge mortgage crackdown

Fri, 17 Mar 2017 04:53:14 GMT

Lenders giving mortgage brokers large commissions, bonuses and even frequent flyer-like loyalty programs could contribute to poor consumer outcomes, ASIC says.

Wild Things

Fri, 17 Mar 2017 02:33:01 GMT


Photographer Rohan Thomson documented the intriguing faces of animals at Canberra's National Zoo and Aquarium for his series Encounter.

Police search NSW home of partner of Adelaide man deliberately poisoned

Fri, 17 Mar 2017 01:32:02 GMT


Police now believe a man found dead in an Adelaide home in 2015 was deliberately poisoned through lethal doses of drugs added to his food and drink.

Aveling Homes to fight ACCC

Fri, 17 Mar 2017 00:50:16 GMT

Perth home builder Aveling Homes has denied ACCC's allegations that its review websites mislead customers, and has vowed to defend itself in court.

'Bad apple' advisers still working: ASIC

Fri, 17 Mar 2017 04:45:13 GMT

ASIC's review of how financial advice firms have dealt with poor advisers says poor reference checking has put customers at risk of dodgy advice.

Hype DC founders resign from the helm

Fri, 17 Mar 2017 00:03:13 GMT

Hype DC founders Danny and Cindy Gilbert have resigned as the head of their sneakers business, new owner RCG Capital has announced.

Hundreds of abuse allegations involving Anglican church: Royal Commission

Fri, 17 Mar 2017 10:07:06 GMT


Almost 1100 people alleged they were sexually abused as children in Anglican church institutions, according to new data made public by a royal commission.

Online, digital key to ING customer growth

Fri, 17 Mar 2017 04:04:13 GMT

ING Australia boss says the banks online and digital offering will help it lure more customers away from its bigger rivals.

Lenders to restructure Slater & Gordon

Fri, 17 Mar 2017 00:28:13 GMT

Slater and Gordon's new lenders plan to restructure the business and says a debt for equity swap would be in the best interests of all stakeholders.

Stocks to watch

Fri, 17 Mar 2017 06:23:11 GMT

Stocks of interest on the Australian share market

Big four banks lift Aust share market

Fri, 17 Mar 2017 06:15:13 GMT

Strength coming from the financial sector, in particular the big four banks, has led the Australian share market higher.

Mortgage startup eyes industry shake up

Thu, 16 Mar 2017 13:08:14 GMT

Digital mortgage minnow uno Home Loans says its software can find consumers a better mortgage deal than a traditional broker.

Tabcorp's $45m fine gets court approval

Thu, 16 Mar 2017 05:03:16 GMT

A $45 million fine on Tabcorp for non-compliance with anti-money laundering and counter-terrorism financing laws has been approved by the Federal Court.

'I saw myself buried in the sand': German backpacker tells of Salt Creek beach attack

Thu, 16 Mar 2017 08:10:07 GMT


A German backpacker envisioned herself buried in the sand after she was struck in the head by a man at a remote South Australian beach, a court has heard.

Creso Pharma shares soar on Czech approval

Thu, 16 Mar 2017 06:19:14 GMT

Creso Pharma's subsidiary, Hemp Industries, has won approval to sell a new hemp extract-based product range in the Czech Republic.

NAB hikes standard variable mortgage rates

Thu, 16 Mar 2017 02:46:13 GMT

National Australia Bank is hiking its standard variable mortgage rates for both owner-occupiers and investors.

Unions, Labor split over ACTU Sally McManus

Fri, 17 Mar 2017 00:27:16 GMT


The labour movement has split in the wake of controversial comments from the ACTU's newly minted secretary Sally McManus defending law-breaking industrial behaviour that has sparked a furious government attack on the Opposition.

Alinta Energy bought by HK conglomerate

Thu, 16 Mar 2017 03:26:14 GMT

Chow Tai Fook Enterprises has agreed to buy energy and gas retailer Alinta Energy in a deal believed to be worth $4 billion.

No future for gas: Grattan Institute

Thu, 16 Mar 2017 00:14:13 GMT

The gas industry must address its own efficiency and political problems if it wants any role before it dies, the Grattan Institute's Tony Wood says.

Virgin, Air NZ working to develop biofuel

Thu, 16 Mar 2017 03:46:13 GMT

Virgin Australia and Air New Zealand say there is strong interest and potential to produce aviation biofuel locally.

AMP ditches tobacco assets in ethics move

Thu, 16 Mar 2017 03:49:14 GMT

AMP's funds management business is ditching $440 million of tobacco-related investments as as part of a new ethical framework.

ACCC concerned about Caltex's Vic deal

Thu, 16 Mar 2017 00:07:36 GMT

The competition watchdog says Caltex's proposed acquisition of 46 service stations in Victoria from Milemaker Petroleum may lead to higher petrol prices.

Myer's discount strategy hurts sales

Thu, 16 Mar 2017 04:58:15 GMT

Myer still expects its underlying earnings growth will beat sales growth after pulling back from aggressive discounting.

Australian National University expert welcomes Turnbull announcement on Snowy Hydro expansion

Wed, 15 Mar 2017 23:09:16 GMT


Canberra academic Andrew Blakers has welcomed the Prime Minister's announcement of new hydro storage capacity as part of the Snowy Hydro scheme.

Stocks to watch

Thu, 16 Mar 2017 05:28:12 GMT

Stocks of interest on the Australian share market

$A surges, share market edges higher

Thu, 16 Mar 2017 06:31:11 GMT

The Aussie dollar has surged against the US dollar, even as the latest jobs data had a negative impact on the share market.

Jobs market 'a disaster' in February

Thu, 16 Mar 2017 03:52:13 GMT

The official jobs figures for February widely missed market forecasts and were weak all around, economists say.

Child protection cases up 20 per cent in four years: Australian Institute of Health and Welfare

Wed, 15 Mar 2017 14:00:00 GMT


New figures from the Australian Institute of Health and Welfare show the number of children receiving protection services has jumped 20 per cent in the past four years.

'I'm not going to die today': Attack at Salt Creek like horror movie, court hears

Thu, 16 Mar 2017 03:13:07 GMT


As she lay on the sand naked, tied up and held down by a man with a knife, a young Brazilian backpacker thought of how to escape, a court has heard.

Sage Institute confirms it will close Victorian campuses

Wed, 15 Mar 2017 07:43:06 GMT


The scandal-plagued Sage Institute has confirmed it will close its Victorian campuses after suspending classes and leaving hundreds of students in the lurch.

Unemployment expected to remain at 5.7%

Wed, 15 Mar 2017 05:29:14 GMT

The unemployment rate is expected to have remained steady in February, though there is a chance it could fall, economists say.

Tasmanian honeymakers in unholy row with local council over rates

Wed, 15 Mar 2017 21:20:05 GMT


A Tasmanian honeymaking family is stuck in an unholy row with the local council, after refusing to pay their rates because their property is "owned by God".

Gen Y would happily bank with tech giants

Wed, 15 Mar 2017 06:49:13 GMT

Professional services provider KPMG says 84 per cent of Gen Y-ers would consider banking with Apple or Google.

Gas sector needs to rebuild trust: farmers

Wed, 15 Mar 2017 04:34:13 GMT

Farmers have called for more scientific research on gas, and consistent regulations for the industry.