BUSINESS

Commonwealth Bank of Australia

CBA responds to part-time workers superannuation issues

Commonwealth Bank of Australia (CBA) promised to rectify superannuation concerns after the Finance Sector Union of Australia (FSU) claimed that more than 7,000 part-time staff did not receive their full superannuation entitlements. 
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Iron ore

Iron ore prices on the rise, demand expected to remain strong

Iron ore prices have witnessed a deviation from market expectations as the demand and prices of Chinese steel see new highs. Following three days of losses, iron ore spot markets returned to stable conditions on Friday.
Reserve Bank of Australia

Reserve Bank of Australia: New $10 banknote design

The Reserve Bank of Australia released the newly designed $10 banknote on Friday featuring the famous Australian writers Andrew Barton "Banjo" Paterson and Dame Mary Gilmore.
Money

Recession 2017: America in its 'bunny phase,' recession unlikely

The United States is currently in its “bunny phase,” a recognised economist has said. The reference came during the Fargo Moorhead West Fargo Chamber of Commerce’s annual Economic Outlook Forum. The event was attended by 600 people.
jack ma

Jack Ma says Australia is a gold mine

Alibaba founder Jack Ma said during the opening of the first Australian and New Zealand branch of his company on Saturday that Australia is a gold mine.
Retail sales

Retail sales for December slip 0.1 percent to $25.61 billion: ABS

Retail sales for December witnessed a surprising decline, as noted by the data released by the Australian Bureau of Statistics. The decline for the sales in December accounted for 0.1 percent, which was in contradiction to the market expectations of a 0.3 percent rise.

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