Labor’s NBN policy could require a further $10 billion in taxpayer funding, says a telecommunications analyst.

CENTRAL bankers assumed an air of omnipotence during and after the global financial crisis because of their power to create and destroy money.

IRON ore miners signing up to the WA’s royalty relief program will have their operating costs scrutinised as a condition of the assistance.

ALEX Dunnin, director of research at Rainmaker Information, reckons reducing union influence on super funds won’t be rapid.

The BRW rich list aside, the biggest collection of billionaires in one place may well be around the Carlton Football Club board.

Jeremy Bond has launched a new fund targeting investments in the small to micro-cap industrials sector.

The man who took over Sotheby’s in Australia, Tim Goodman, is set to launch an internet auction business.

A change in the nation’s leader has helped spark a turnaround in consumer confidence.

Telstra’s senior management continues to change under Andrew Penn, with a trio of new executive appointments.

THE plunging oil price is poised to blow a hole of almost $900m in the West Australian budget over the coming three years.

Moody’s has warned Malcolm Turnbull that further uncertainty could dampen business confidence.

Local shares bounced off deep lows to close flat after Beijing’s efforts to stabilise Chinese markets seemed to kick in.

The Darling Point trophy home’s new occupants make fund manager couple Charlie and Ellie Aitken look beige.

AUSTRALIA’S largest gas infrastructure business, APA Group, has confirmed it will pay more than $6 billion for BG’s Queensland’s pipeline.

Tasmania's largest salmon producer Tassal reveals major expansion plans, flagging a $270 million investment in capital expenditure over the next five years.

CROWN Resorts has today announced a joint venture with online bookmaker BetEasy, which will see the two companies combine their sports businesses.

CHEMICAL company Incitec Pivot has told shareholders it’s facing weak prices for explosives and fertiliser products.

A MAN accused of faking his CV left a $400,000 role at Myer on his first day to fetch ‘proof’ of his job history, and never returned.

OIL giant ExxonMobil has lowered the prospects for development of a Victorian coal-seam gas industry.

INVESTORS who ploughed funds into international shares are set for another year of double-digit returns.

AUSTRALIAN consumers are the gloomiest they have been in three years, survey data released this morning shows.

The collapse of one of the nation's oldest engineering companies, RCR Tomlinson, has destroyed Christmas for thousands of families, according to the union dealing with the fallout from the unexpected job losses.

JOHN Wylie will step down at year’s end as head of Lazard Advisory in Australia to be replaced by ­Andrew Leyden and Lachlan ­Edwards.

Telco’s venture capital arm tips $10m into Nginx and its application delivery platform.

THE global chief executive of News Corp says print advertising has become even more valuable in a “digitally discursive age”.