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Optus scores $530m ANZ deal

Singapore Telecommunications subsidiary Optus has signed a $530 million agreement with ANZ to run its telecommunications for five more years.

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SP Ausnet loses tax dispute

Electricity distributor SP Ausnet has had an appeal against amended tax assessments dismissed by the Federal Court.

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Unemployment rate hits four year high

The unemployment rate has reached a four year high of 5.8 per cent and is expected to rise further as mining investment peak.

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Bega lobs takeover to become big cheese

Bega Cheese has made a takeover offer for 125-year-old Victorian dairy producer Warrnambool Cheese and Butter.

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Myer blames costs for another profit fall

Myer CEO Bernie Brookes has blamed labour costs and unfair tax exemptions for foreign rivals as the company posted a second consecutive annual profit fall.

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Apple shares hit on iPhone disappointment

Investors in the US have been unimpressed by Apple's newest versions of the iPhone, causing the tech giant's stock to tumble more than five per cent.

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