The likely centrepiece of Treasurer Joe Hockey's assault on multinational profit-shifting – a so-called "Google tax" – risks breaking Australia's international tax treaties, the Parliamentary Budget Office has found.
Nick McKenzie, Richard Baker, Jenny Wiggins Corporate watchdog ASIC has launched an investigation into allegations embattled construction giant Leighton Holdings concealed a financial black hole of up to $4 billion from shareholders.
Mark Kenny Anxious consumers have blamed the government as they close their wallets, deepening Joe Hockey's challenge of crafting a budget hit by plummeting iron ore revenue and by Tony Abbott's need for political recovery over budget repair.
Mark Mulligan Australian equities dipped on Wednesday for their third loss in four sessions, as weak commodity prices, overnight selling and mixed manufacturing data from China weighed on listless trade.
Nassim Khadem ATO commissioner says 12 technology companies under audit with profit shifting in tax office's sights.
Elizabeth Knight Governments have often been stuck in a time warp, when Australian consumers are increasingly embracing new technology.
Madeline McMahon The manuscript for one of the most popular sing-along tunes of all time, "American Pie," will go on auction this month. The asking price: at least $US1 million ($1.3 million).
Carolyn Cummins Global construction and development group Lend Lease has gained a bigger foothold in Asia with the win of a $1.6 billion joint venture.
Colin Kruger CBD is still waiting for an explanation from Southern Cross Media after a rather intriguing series of share trades last month by one of its directors, former Lion boss, Robert Murray.
Max Mason Telstra is adding to its e-health arsenal, striking an agreement to acquiring Medibank Private’s Anywhere Healthcare, as Australia’s largest telecommunications provider looks to growing profits outside its traditional businesses.