If Turnbull wants to really unleash Australia's potential, he should hire Martin Parkinson.
Breaking news business
Wall Street stocks have largely ignored sharp falls on Chinese markets, as Black Friday launches the Christmas shopping period.
David Gaffen European markets have shrugged off sharp falls on Chinese markets, with stocks closing only slightly down.
Diploma Group has won a design and construct contract for an 18 storey mixed used residential and commercial building worth $52 million.
The Mitula Group reports a statutory net profit before tax of $2.6 million for the 9 months, down 33.3% due to $3.7 million in one off costs from the IPO.
Qantas Group capacity increased by 3.2% in October and demand increased by 4.8%, resulting in a revenue seat factor of 81.4%, up 1.3% on the previous October.
Kim Christian Rio Tinto will expand its bauxite operations in north Queensland with a massive $2.6 billion mining, production and port project to produce 23m tonnes pa.
LG Display, the world's largest LCD producer, plans to build a $US9 billion OLED plant to tap the growing market for the ultra high-definition technology.
Jason Cadden The cash rate is widely expected to stay unchanged after the RBA's board meeting on Tuesday, thanks to a clear hint from the Glenn Stevens.
Fixing cracks that appeared in one of the new locks back in August spells further delay in the expanded Panama Canal opening.
Mining giant Rio Tinto has received approval to expand a coal mine in the Hunter region of NSW, ending a long running fight with nearby residents.
A slew of weak data, including the latest inflation figures, for Japan is adding to the bad news for Prime Minister Shinzo Abe's growth blitz.
Stuart Condie Australia Post has the thumbs up from the consumer watchdog to raise the price of a basic stamp to $1 in the face of dwindling demand and big losses.
Qantas lifted monthly passenger numbers for October by 1.4 per cent, with an increase in international travellers helping offset a domestic decline.
Cyril Altmeyer Aeroports de Paris, which operates both Charles de Gaulle and Orly airports, says traffic has fallen since the recent terror attacks.
Fisher & Paykel Healthcare increased net profit 27% to NZ$62 million for the half year, on the back of strong revenue growth of 20%.
Luxury handbag retailer Oroton says like for like sales growth have improved in a positive sign its turnaround strategy is working.
Trevor Chappell Solomon Lew hopes the Turnbull government can inject optimism into the most challenging period for retailers in 50 years.
The ACCC says Qantas' alliance with American Airlines will benefit customers through more frequent services, better scheduling and increased competition.
Toll road operator Transurban has raised $738 million from the first stage of its one-for-18 pro rata entitlement offer.
Australian bond futures prices are lower, after enjoying several days of gains because of
NAB's board has formally decided to proceed with a demerger and initial public offering of Clydesdale Bank as outlined in its 2015 full year results.
Commodities news from around the world
World oil prices have fallen, in Thanksgiving holiday muted trade in top consumer US, as tension eases somewhat between Turkey and Russia.
Stocks of interest on the Australian Securities Exchange on Friday
Chinese e-commerce giant Alibaba is in talks to buy into Hong Kong-listed SCMP Group, but neither side will comment publicly on a possible deal.
High-end Hi-Fi systems maker Bang & Olufsen says it's in talks over a possible takeover offer, but the consumer electronics company gives no detail.
News from the world’s major stock markets
Trevor Chappell The Australian share market has fallen slightly, with no lead from US markets or any other major driver.
The Australian dollar is lower but is bouncing back from the steep fall it suffer after the release of some weak local economic data.
Tina Morrison The NZ dollar drifts lower against the greenback as traders take a break for the US Thanksgiving holiday.
London's benchmark FTSE 100 index was down 0.6 per cent at 6,357.42 points in opening exchanges.
Private sector loans in th eurozone rose 1.0 per cent in October from a year ago, suggesting a massive stimulus program may be working.
AirAsia has reported a net third-quarter loss of 405.72 million ringgit, blaming foreign exchange losses and a drop in revenue at its Indonesian branch.
British banking giant Barclays has been fined $A150.30 million for failing to handle potential financial crime risks.
Hong Kong's Hang Seng Index and Shanghai's benchmark composite index have both closed slightly lower.
Tokyo's Nikkei 225 index has closed 0.49 per cent higher to finish at 19,944.41.
After a strong year, the company behind Gloria Jean's is planning 50 drive-through coffee outlets across Australia.
Monash IVF has pleased investors with news that it expects a solid rise in first half profit after an increase in patient treatments.
Medical centres operator Primary Health Care has had its executive pay package approved by shareholders.
A nationwide lemonade stand day will aim to foster business skills in schoolkids and create the next generation of entrepreneurs.
Trevor Chappell Slater and Gordon shares have plunged after the UK government proposed changes to the rights of people injured in traffic accidents.
Jason Cadden Business investment fell 9.2 per cent to 31.4 billion in the September quarter, the lowest quarterly amount of investment since early 2011.
Petrina Berry and Stuart Condie Shoppers are expected to spend $35 billion in the run up to Christmas on the back of stronger consumer confidence and low interest rates.
The ACCC has given Transurban the all clear to spend $1.9b on buying Brisbane's AirportLink M7 toll road.
Frances Mao Female workers earn on average $27,000 less than male workers, the latest snapshot of the nation's gender pay gap shows.
Bank of Queensland has received a boost from its recent home loan rate hikes, but warns that could by affected by competition from its rivals.
The ACCC has given Transurban the all clear to spend $1.9 on buying Brisbane's AirportLink M7 tollroad.
Hotel bookings for Paris have dropped substantially following the November 13 terror attacks, according to STR Global.
Free-to-air broadcaster Nine is in talks with the NRL and Fox Sports about a variation to its rights to broadcast matches.
Australian bond futures prices are higher after the release of worse than expected capital expenditure figures which feed into growth figures.
The ACCC has fined the maker of Uncle Toby's oats more than $32,000 over allegations it misled consumers about the protein content of the breakfast cereal.
Vocation investors have refused to tip more money into the troubled education provider, forcing it into voluntary administration.
OzForex will allow Western Union to carry out exclusive due diligence following the financial services company's takeover offer last week.
Australian goldminer Troy Resources has poured the first gold bar in the $US100 million project in Guyana's Puruni area.
Commodities news from around the world.
News from the world’s major stock markets.
Tina Morrison US data fails to move the markets ahead of the US Thanksgiving public holiday and the NZ dollar shows little movement.
Finance News Update, what you need to know.
Stocks of interest on the Australian Securities Exchange at noon on Thursday
Helen Velissaris The sharemarket has closed modestly after losses in the resources sector offset gains in the banking sector.