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Fairfax chief executive Greg Hywood is pursuing a split of assets.

Why Fairfax is being stalked by private equity

It appears almost a fait accompli that Fairfax Media is now in play. How the giant private equity group TPG, which has reportedly acquired just under 5 per cent of the company's shares, runs the process or deals with the assets is yet unclear.

Amazon Go

Amazon lays out Aussie commitment

Retail giant plans to be fully operational in Australia in 2018, but has yet to commit to bricks and mortar grocery stores.

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Markets Live: ANZ hits 19-month high

The ASX continues to push higher after hitting a near-two year peak yesterday, as banks and miners climb in unison, while Fairfax shares spike to their highest since 2011.

At the end of the day, Europe faces more intractable problems than Brexit. None of these will be improved by making life ...

Brexit is the least of Europe's problems

For the first time since the launch of the European project in the 1950s, the US no longer sees the EU as an asset in the diplomatic equation. Many in the White House would happily see it broken up.

Investors are playing it safe.

8@eight: Bulls back at the gate

The bulls have taken over again as the US and European market caught a bid with triple digit gains in the DOW and solid gains in the commodities space. The bullish picture for equities remains as the blame game around the failed repeal of the Obama healthcare act and politics in general take a back seat once again to real economic growth.

Clyde in Melbourne's south east is a high growth area, but infrastructure is not keeping pace with residential growth.

NBN finally steps in to save stranded estate

NBN Co has stepped up with an emergency solution for a new housing estate where residents were left stranded without fixed or mobile communications but the experience has sparked a warning for others buying into new developments.

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