Ford's decision to quit manufacturing at a cost of 1200 jobs is a blow for Australia, and Victoria in particular.
James Packer's Crown Limited has offloaded its 10 per cent stake in rival Echo Entertainment, in a clear signal it is confident of gaining approval for its own casino in Sydney.
The biggest game in town is working out why James Packer's Crown is selling its 10 per cent stake in Echo.
About $10 billion over seven years. That's how much has been pumped into the motor industry by federal and state governments.
The future is in doubt for one of Aurizon's small businesses that specialises in shifting container freight and employs several hundred people across the country.
The door has been opened to full deregulation of electricity prices in NSW.
Thousands of workers were told they would lose their jobs amid growing signs the labour market is deteriorating.
The ASX took more than three hours to tell stockbrokers and investors a computer failure had knocked out its critical market announcements feed in October last year, according to a new investigation into the incident.
Opposition health spokesman Peter Dutton says a Coalition government would repeal Labor's plan to income-test the private health insurance rebate, but only when it could afford to do so.
OKLAHOMA: Death toll from massive tornado revised down to 24 but dozens are still missing.