There are further signs of heat coming out of the east coast housing market, with Sydney and Melbourne leading a 1.1 per cent fall in property prices across Australia.
Reporter for The Age
Uber will hike minimum fares and slug passengers with an extra booking fee from next month so it can cover "operational costs".
The owner of Tarocash, yd.,✓ Rockwear and other apparel chains will be sold to a South African retailer in a deal that values the Australian company at $302.5 million.
Australia's struggling retail sector has been battered in a day that saw major players suffer heavy share prices losses.
Ansell says it will sell its condom business to a Chinese consortium for $800 million as it launched a share buyback.
Shares of Sigma Healthcare have plunged after the pharmaceutical company said it was planning legal action against the My Chemist/Chemist Warehouse Group over an alleged breach of a supply agreement.
The future of non-stop flights between Australia and Samoa is under a cloud.
SurfStitch has entered a trading halt while the online surf apparel retailer assesses a $100 million class action launched by aggrieved shareholders.
Online fashion retailer SurfStitch is facing a $100 million class action launched on behalf of shareholders whose investments have been wiped out by the troubled company's plunging share price.
SurfStitch will run at least $5 million further into the red this year and will close its North American operations, the troubled fashion retailer has said.