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Breaking News

Breaking News / Latest News

What's the future of crowdfunding?

Many hands: Medved says there is science behind the wisdom of the crowd.

Claire Dunn 10:55am A new approach to purchasing equity in a business could change the world of innovation finance.

Income vs prices

Australian property more than 25 per cent overvalued: The Economist

Australia is the second most expensive country in which to buy a property in the 26 markets monitored by <i>The Economist</i>.

CHRISTINA ZHOU 9:38am The Economist says Australian property is among the most expensive in the world, but the Domain Group senior economist disagrees.

Celebrity homes

Bruce Willis to buy luxury duplex overlooking Central Park

Inside Bruce Willis' New York city apartment.

LUCY MACKEN 6:01pm It's not quite the New York pad you'd expect of the star of the Die Hard movie serie

190 units to be built on historic Scarba House site in Bondi

An early photograph of Scarba House during its time as a welfare home for babies and young children.

ANNA ANDERSON 11:28am 190 apartments will be built on the grounds of Scarba House.

Erased from the records: investigation into bashing of gay man by police in Surry Hills in 1989

Paul Simes, left, and Alan Rosendale in August 2014.

RICK FENELEY 12:15am A rogue gang of policemen bashed a gay man. Their superiors found out but any record of their investigation has vanished. Rick Feneley reports.

Money's weekly Morningstar tables

Superannuation

Click here to check your funds.

Calls for Mike Baird to ban puppy factories: animal activists expose cruel facility

Breeding: Conditions inside puppy farms can be squalid and confined.

EAMONN DUFF 12:15am Cute puppies for sale in online classifieds and pet shop windows are being bred in confined and cruel conditions.

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Comment

Hugh Sheridan's visit to Nepal for Seven's Sunday Night highlights ethical concerns

Hugh Sheridan in Nepal on a quest for his brother's safe return.

CRAIG MATHIESON 12:00am The line between covering a major news event and capitalising on it is a fluid one, open to all manner of interpretation.

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COMMENT

Mike Baird's ICAC decision politically sound but more importantly, it's fair

Sean Nicholls dinkus

SEAN NICHOLLS 7:00pm Mike Baird's decision to shore up ICAC's powers reflects the strong public support for the anti-corruption body.

ANZ eyes asset sales to boost shareholder returns

ANZ chief executive Mike Smith has flagged a

CLANCY YEATES 6:24pm ANZ Bank has flagged its intention to sell assets, including some of its minority stakes in a clutch of Asian banks, as it vows to boost shareholder returns and meet tougher demands from regulators

High anxiety thanks to low interest rates

housing

Nicole Gurran and Peter Phibbs 12:00pm Soon our problem won't be too few houses, but too many houses owned by too few.

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Celebrities sprinkle stardust on Silicon Valley startups

Venture capitalist Snoop Dogg: The worlds of pop and tech share a common urge: to find the next big thing.

Steven Davidoff Solomon 11:36am Snoop Dogg is raising funds to invest in the marijuana industry, joining Justin Bieber, Ashton Kutcher in a wave of celebrity venture capitalists throwing their money around.

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Vic husband guilty of wife's murder

11:39am A Melbourne man charged over the fatal stabbing of his wife in December 2013 has been found guilty of her murder.

Queensland Parliament live: Question Time May 6, 2015

Live coverage of Queensland Parliament.

AMY REMEIKIS 11:29am Follow our live coverage of Question Time from 2pm.

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Luke Hodge, Steven May bans are fair: Nathan Burke

Steven May.

11:25am AFL match review panel member Nathan Burke says three-game bans are fair punishment for both Hawthorn's Luke Hodge and Gold Coast's Steven May, amid puzzlement on social media over the verdicts.

Crumbling TV

MasterChef Australia devours House Rules, Reno Rumble in TV ratings

<i>House Rules</i>' Ryan and Marlee were out-gunned by other reality shows.

Darren Cartwright 11:22am Channel Nine's Reno Rumble did what it set out to do; divide viewers looking for a post-Block fix.

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Struggle Street: tragic stories told by brave people

Single mum Erin (right) has taken homeless teenager Bailee (left) under her wing.

Darren Devlyn 11:28am This three-part documentary gives blunt insight into a corner of the country dealing with high levels of drug addiction, unemployment and family dysfunction.

'Was it love that put the large chef's knife into his hand?'

Suzie Oghia, another victim of domestic violence. Her former husband, Bona Lual, has been found guilty of her murder.

MARK RUSSELL 11:30am A man who fatally stabbed his estranged wife before mutilating her eyes when she was dead as their four children slept nearby has been found guilty of murder.

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iiNet shareholders can accept victory, or squeeze more from TPG

If iiNet founder Michael Malone stands against TPG's deal, then M2 may raise its offer.

David Ramli 11:15am The multibillion-dollar battle between TPG and M2 for iiNet hinges on a simple question for shareholders – is cash truly king?

Pearson to hurdle in Japan this weekend

John Salvado 11:19am Sally Pearson will be among an eight-strong Australian contingent competing at the Golden Grand Prix in Japan on Sunday.

Milne's life and career highlights

11:16am Greens Senator Christine Milne has resigned as the party's federal leader and won't context the 2016 national election.

Gas leak outside Wentworth Avenue building

ACT Emergency Services

11:27am About 20 people were evacuated from a building as a result of the leak, caused by a workman.

New home sales hit 5-year high

11:15am The sale of new homes rose 4.4 per cent in March, the Housing Industry Association new home sales report shows.

Good field for Greens leader: Brown

11:14am The Australian Greens have a good group of candidates from which to choose a new leader, former chief Bob Brown says.

Hockey angry if RBA rate cut not passed on

11:13am Treasurer Joe Hockey says he expects all back to pass on the Reserve Bank's 25 basis point cut in full.

UEFA Champions League: Juventus set season record with 27-pass goal

Teamwork: Alvaro Morata is congratulated by Carlos Tevez after applying the finish to the extraordinary move.

DOMINIC BOSSI 11:39am Juventus were uninterrupted in possession for exactly one minute as they tore through Real Madrid's defence.

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Business

Apple's Angela Ahrendts named top-paid US woman with $US83 million

Angela Ahrendts

Madeline McMahon 11:11am Angela Ahrendts, Apple's senior vice president of retail and online stores, was the highest-paid female executive in the US last year, it has emerged.

Woolworths chief executive Grant O'Brien swings the axe to save the supermarkets

Grant O'Brien, CEO of Woolworths.

James Thomson 11:03am Woolworths chief executive Grant O'Brien has as a very big axe. And he's about to swing it very hard to try and get the supermarket's giant core business – selling food and booze – back on track through a massive cost cutting program.

Hockey accepts GST carve-up recommendation

11:07am Treasurer Joe Hockey has approved the Grants Commission's recommendations on how GST revenue will be carved up next year.

Full program announced

Sydney Film Festival 2015: Program features films from the banned and the bold

Romance ... Ryan Corr and Craig Stott in <i>Holding The Man</i>.

GARRY MADDOX 11:00am Innovative shoots and Australian premieres dominate the Sydney Film Festival 2015 program, announced Wednesday.

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