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04:55 Budget 2017: What to expect from the Federal Budget

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18:56 Donald Trump signs an executive order unravelling Barack Obama’s climate change record

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21:11 Former girlfriend of Adam Cranston reveals their luxury life

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00:52 Google pulls out of jobs HQ at White Bay Power Station

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06:35 AFP unlawfully accessed journalist's phone records

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Business

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  • Australia's biggest bank CBA set to be least impacted by government bank levy

    23 May 2017 12:41 AM 5

    Unfortunately little else – such as the amount each bank will be expected to shoulder and the potential impact – has been made clear. Being able to accurately calculate the impact of the levy has been hampered by three things. Firstly, the lack of detail that accompanied the announcement on federal budget night. Secondly, the subsequent confidentiality

  • Australia Should Extend New Levy to Foreign Banks, Lawmaker Says

    21 May 2017 3:12 AM 14

    Australia should extend its new bank levy to foreign financial institutions in a bid to recoup more than the planned A$6.2 billion ($4.6 billion), according to cross-bench lawmaker Nick Xenophon. Applying the tax to foreign banks as well as the nation’s five biggest lenders may recoup as much as A$800 million, which could help fund compensation for victims

  • Research focused on the oil and gas pipelines America's industry production and consumption to 2022

    21 May 2017 12:44 AM 6

    The report provides pipeline details such as pipeline/pipeline system name, operator name, start year, start point, end point, status, length, capacity and diameter for all major, trunk crude oil, petroleum products and natural gas pipelines by country. "Oil and Gas Pipelines Industry Outlook in South and Central America and Caribbean to 2021 - Capacity

  • Budget could deliver 100,000 new homes:MBA

    20 May 2017 12:42 AM 8

    The Turnbull government's new infrastructure and housing affordability measures could help build nearly 100,000 new homes, modelling for Master Builders Australia shows. Research by Cadence Economics predicts the $75 billion investment in transport and infrastructure will support building up to 93,000 new homes in four years - a supply boost of 41 per cent. "There

  • ZIOPHARM Oncology Inc (ZIOP) Plunges 5.03% on May 19

    19 May 2017 9:30 PM 14

    ZIOPHARM Oncology Inc (ZIOP) had a rough trading day for Friday May 19 as shares tumbled 5.03%, or a loss of $-0.37 per share, to close at $6.99. After opening the day at $7.31, shares of ZIOPHARM Oncology Inc traded as high as $7.55 and as low as $6.97. Volume was 1.43 million shares over 4,991 trades, against an average daily volume of 1.45 million

  • $1b channelled through tax avoiding payroll company

    19 May 2017 2:16 PM 8

    More than $1 billion in wages was channelled through the payroll company at the heart of the fraud case that has rocked the Australian Tax Office and left thousands of clients without pay. Mr Anquetil appeared in Central Local Court on Friday morning, when he was bailed on charges of conspiring to defraud the Commonwealth of tax revenue totalling more than $165 million

  • ATO's Jordan push for cultural change may be first casualty

    19 May 2017 5:50 AM 10

    In the 2015 budget, the government provided extra funding over four years to "an improved experience for clients in their dealings with the Australian Taxation Office" by making most services digital by default, improving data and analytics and streamlining income tax returns. But there were also less tangible cultural changes introduced by Mr Jordan

  • Big bank subsidy worth more than $5 billion annually

    18 May 2017 11:19 PM 9

    So Standard & Poor's has confirmed that Scott Morrison's gutsy budget saved Australia's coveted AAA rating, which all the major banks thought improbable back in December. Only a few weeks ago CBA reconfirmed its forecast that there was a "high probability" Australia would be downgraded to AA+ after the budget. Let there be no doubt about Morrison and Malcolm

  • Former girlfriend of Adam Cranston reveals their luxury life

    18 May 2017 9:11 PM 46

    Toni Brady, the crestfallen former lover of Adam Cranston, made this video of her trip to Paris with the accused tax cheat, who can be seen in the background. THE former lover of the ATO deputy commissioner’s son, Adam Cranston, has revealed how she was lavished with luxury clothes, jewellery, cars and surgery by her lover who is now accused of a multi-million

  • Tax fraud allegation could undermine trillion dollar tax investigations, senator says

    18 May 2017 11:33 AM 9

    The arrest of Adam Cranston over an alleged $165 million tax fraud could have serious consequences for the Australian Taxation Office and even the investigation into the Panama Papers, Senator Nick Xenophon says. Adam Cranston is the son of deputy tax commissioner, Michael Cranston, who is now facing a charge of abusing his position as a public official