Fairfax Media and John Singleton’s Macquarie Radio network are very close to finalising a $200 million talkback radio merger
A changing market means advertising agency Grey Group Canberra is moving on after about 40 years.
The competition regulator has approved the merger of Boral and CSR’s east coast brick businesses, freeing up valuable land for both companies and giving Boral a reason not to exit Australian brick manufacturing.
Two of Australia's biggest banks, NAB and ANZ, have signalled they are confident of being well-placed to meet tougher capital rules stemming from the government's financial system inquiry.
The Australian dollar edged slightly lower on Thursday, after retracting most of its sharp early drop on signs from the US Federal Reserve that it would start lifting interest rates as early as April next year.
The fall-off in mining construction in coming years will not lead to a large increase in unemployment, even though resource construction jobs are expected to decline by a massive 60,000, Reserve Bank economists say.
Wagering giant Tabcorp could lose its right to broadcast NSW and Victorian thoroughbred racing to the Seven Network, which is considering stepping in as negotiations between Tabcorp and racing-owned broadcaster ThoroughbredVision Network fall over, sources said.
US stocks rallied, giving the Standard & Poor's 500 Index its biggest gain since October 2013, as energy shares rebounded and the Federal Reserve said it will be patient on the timing of interest-rate increases.