I visited my son in hospital last weekend. He'd broken his ankle and was being very well looked after in one of Melbourne's great hospitals. The hospital was chock-a-block, but not from snowfield misadventures as I initially thought. My son's room was next to the maternity ward and business was booming.
The country's largest banks may have slashed their fixed mortgage rates, but historically home buyers prefer to try their luck when it comes to borrowing costs.
STEPHEN CAUCHI and CLANCY YEATES
Local shares are getting little direction from Wall Street, which has ended narrowly mixed on a day when better than expected earnings were offset by several key misses.
Treasury secretary Martin Parkinson has talked up global growth as the IMF has marked down its forecasts, saying he is sifting through 700 measures that should expand leading economies in the lead-up to the G20 meeting in December.
The man in charge of Australia’s biggest gold miner has declared ''cash is king'', and indicated he will not consider asset sales, equity raisings or expensive new developments until his existing mines are performing at their full potential.
The banking regulator is being urged to take tougher action on big companies that flout the rules on use of the word “bank”, after Woolworths was revealed to have used the term for more than two years without a licence.
After being engulfed in a disclosure debacle in June last year that resulted in it paying penalties of $1.2 million, Newcrest kept a tight lid on its latest writedown announcement, but its news was still downbeat.
Just a week after Newcastle Jets announced their new naming rights sponsor – Nathan Tinkler's sand mine business, Castle Quarry Products (CQP) – receivers have been appointed by Commonwealth Bank to sell the nine-hectare site.
NATIONAL: Your morning wrap of Day 1 of the Glasgow 2014 Commonwealth Games.
Leave your messages of support for athletes from regional Australia competing in the Commonwealth Games.