Owned by mums, dads and institutional investors alike, Telstra's 1.4 million shareholders have until Friday evening to apply for the company's $1 billion buyback.
Shares are poised to drop sharply at the open as investors in New York dumped stocks amid concerns about global growth.
Gerry Harvey has raised $34.5 million after a successful four-day liquidation sale of Nathan Tinkler’s horses.
While Ambulance Victoria is currently seeking a court order to prevent data like this from being released to the media, The Age believes the public has a right to know how its taxpayer-funded emergency service is performing.
The Labor Party will side with big business to oppose a key recommendation in Professor Ian Harper’s review of Australia’s competition policy.
Wharfies at DP World’s container ports in Sydney, Melbourne and Brisbane have gone on strike this week as disputes continue over a new pay deal.
One of Coles Liquor Group's top executives says it is too difficult to put a time frame on when the liquor business run by the supermarket group will be performing at an acceptable level, but all three brands are undergoing an overhaul.
GrainCorp chairman Don Taylor is expected to step down from the board after a transition period with incoming chief executive Mark Palmquist, who joined eastern Australia’s largest grains handler on Wednesday.
Over the past 12 months, Australian department stores would have forgone about $1 billion in sales compared to where they would have been if they were growing at the rate of the rest of the retail industry.
Falling real wages, rising unemployment, and fears about their job prospects are keeping Australians away from major department stores.