Woolworths staff are squeezing a further $70 million from suppliers by the end of the year, as the company scrambles to meet profit guidance and avoid its first downgrade in almost 16 years.

International cosmetics giant Sephora has gone into damage control amid a customer backlash over revelations it is flouting promises that it would not engage in price gouging.

Hong Kong-based fund manager John Ho is the first to admit he knows nothing about surfing, despite growing up in Sydney in the '80s and '90s.

The lack of a credible, long-term mechanism to achieve Australia's emissions reduction commitments has created uncertainty and deterred investment in the sector, a key energy market regulator says.

The nation's unemployment rate rises slightly in November, remaining at a 12-year high despite the creation of 42,700 new jobs.

Analysts should give up trying to predict what capital levels will be required in the wake of the financial system inquiry, says the review's chairman, David Murray.

The Australian dollar closed down on Monday, as a siege in Sydney’s financial district and confirmation of the country’s deteriorating fiscal position weighed on the local currency.

Amendments that threatened to weaken a bill to protect vulnerable workers from underpayment and exploitation were under "delicate" negotiation on Tuesday night.

The Australian dollar touched a new nine-month high overnight, making another bid above US77¢ in an otherwise quiet trading night ahead of key Chinese economic data.

Coles has agreed to pay $10 million in penalties after admitting to unconscionably treating eight suppliers.

New targeted restrictions on lending and a depreciating renminbi have sparked the biggest sell-off in Chinese equities in more than five years.

Australians pay far less tax than they believe a new report finds, and certainly far less tax than the Treasurer thinks they do.

After 2½ years of steadily rising prices, the housing market appears to be running out of puff.

RBA governor admits deflationary forces are facing Australia but says they won't be serious. Is there reason for concern?

The regulator has two months to decide who it wants to upset more: News Corp, or Google and Facebook

Australia has kicked off 2015 with a soft economy, a weakened dollar and a host of challenges facing its big corporate sectors. BusinessDay looks at the year to come.

Investors in failed managed investment scheme Great Southern face bankruptcy and losing their homes in the weeks following Christmas, after a Supreme Court approved a $23 million settlement between investors and Bendigo and Adelaide Bank.

It is rare for one man to triumph against the establishment, especially when he has taken on a major insolvency firm and one of the country’s blue chip law firms.

Sliding prices for BHP's prime commodities are challenging the case for the "South32" demerger.

Central banker of the world's fastest growing economy says it's time to get moving.