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Malcolm Turnbull accuses Scott Morrison of dishonesty over Jakarta mission

The uneasy peace between Malcolm Turnbull and Scott Morrison has been shattered with the former prime minister effectively branding his successor a liar. Mr Turnbull has taken issue with Mr Morrison after the Prime Minister claimed Mr Turnbull’s two-day mission to Jakarta was to represent Australia at an oceans summit, […]
Malcolm Turnbull accuses Scott Morrison of dishonesty over Jakarta mission
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Hamish Douglass has stepped down as Magellan CEO

Magellan Financial Group co-founder Hamish Douglass is stepping down as chief executive and will become chairman, switching roles with current chairman Brett Cairns. ​Mr Douglass will remain as chief investment officer and lead portfolio manager of the fund’s global equities strategies while Dr Cairns will assume all operational duties, the […]
Hamish Douglass has stepped down as Magellan CEO
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A new cap on energy mergers could bring down the price of power bills

Electricity generators with at least a 20 per cent market share would be banned from merging or buying rivals while regulators would have greater powers to crack down on market manipulation under proposed measures to spur competition and reduce power bills for households and businesses. As Prime Minister Malcolm Turnbull […]
A new cap on energy mergers could bring down the price of power bills
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Amazon.com will stop shipping to Australia from July 1

Amazon faces a backlash from Australian consumers after stopping online shoppers from importing products from its overseas e-commerce sites when the new goods and services tax regime comes into effect in July. From July 1, when the GST will apply to overseas purchases under $1000, Australians shopping on Amazon overseas […]
Amazon.com will stop shipping to Australia from July 1
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Labor confirms it will repeal company tax cuts

Labor has confirmed it will repeal the government’s company tax cuts if passed by the Senate this week or some other time before the election. With the government still trying to secure the final two Senate crossbench votes to pass legislation for the remainder of the package, Opposition leader Bill […]
Labor confirms it will repeal company tax cuts
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IT’S ON: Barnaby Joyce is coming back to a leadership challenge next week

Barnaby Joyce will face a challenge to his leadership at Monday’s Nationals party room meeting after Victorian backbencher Andrew Broad called on him to resign for the good of the party and the country. Mr Broad, who earlier had attacked Mr Joyce’s character, revealed on Thursday afternoon would take a […]
IT’S ON: Barnaby Joyce is coming back to a leadership challenge next week
News

Even Wesfarmers is ‘paranoid’ about Amazon

New Wesfarmers chief executive Rob Scott says the conglomerate is just as “paranoid” about Amazon as it is any other competitor, as he talked up his company’s credentials as a “disruptor”. In his first official presentation since taking the reins of Wesfarmers from Richard Goyder two weeks ago, Mr Scott […]
Even Wesfarmers is ‘paranoid’ about Amazon