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Company tax cut, super changes lead budget

Sky News Australia - ‎3 hours ago‎
Treasurer Scott Morrison insists his budget isn't about winners and losers, but setting out a plan to grow the economy and boost jobs over the next decade.
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Budget 2016: Free-to-air and pay TV clash over licence fee cut

Sydney Morning Herald - ‎4 hours ago‎
The free-to-air and subscription television sectors are at odds over the Turnbull government's 25 per cent cut to broadcast licence fees, with the former stating the reduction is not enough and the latter labelling it a "$150 million handout.
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Brazil files new $58b lawsuit versus Vale-BHP's Samarco

Sydney Morning Herald - ‎1 hour ago‎
Brazilian prosecutors have filed a civil suit worth 155 billion reais ($58 billion) against Vale, BHP Billiton and their iron ore joint venture Samarco Mineracao for the November tailings dam burst that killed as many as 19 people and caused severe ...
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The Dick Smith Online Store Relaunches Today

Gizmodo Australia - ‎1 hour ago‎
Dick Smith has been officially relaunched as an online-only retailer in Australia and New Zealand, with the website going live today - one month ahead of schedule.
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Budget 2016: government abolishes carbon tax compensation in hidden budget sting

Sydney Morning Herald - ‎2 hours ago‎
New welfare recipients - from pensioners, to the unemployed, students and those receiving family payments - will be denied "unnecessary" carbon tax compensation under changes that will see them receiving about 1.7 per cent less than those already on ...
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Burst water main floods busy North Melbourne intersection

ABC Online - ‎2 hours ago‎
A burst water main has opened up a four-metre hole in a North Melbourne intersection. The water main burst in the middle of the Abbotsford St and Arden St intersection about 5:00am.
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Origin Energy signs up for output from new Qld solar farm

Sydney Morning Herald - ‎32 minutes ago‎
Origin Energy has committed to buying another chunk of solar power, underwriting a proposed 100 megawatt solar farm to be built by a Spanish company in north Queensland and underscoring the growing competitiveness of large-scale solar.
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Australian budget 2016: the graphs you need to see

The Guardian - ‎3 hours ago‎
The RBA decision on rates highlights the common theme throughout the budget papers - that the economy is not about to get better any time soon.
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Five cent coin to be phased out

The Australian Women's Weekly - ‎May 2, 2016‎
The five cent coin could be killed off today, according to a report on Australia's smallest denomination of currency is now virtually redundant after years of inflation and the advent of cashless payment technology and tonight's budget ...
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Australia's enormous services sector continues to struggle

Business Insider Australia - ‎27 minutes ago‎
The Ai Group's performance of services index (PSI) rose 0.2 points to 49.7, suggesting activity levels were basically unchanged compared to levels seen in March.
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Vicinity Centres seals $85m Qld sale

The Australian - ‎17 hours ago‎
Ben Wilmot has been The Australian's commercial property editor since 2013. He was previously a property journalist with the Australian Financial Review.
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Price war leaves Woolies on floor - ‎3 hours ago‎
WOOLWORTHS' cheaper prices may have been great for customers but investors will not be quite so happy as hefty investment in lowering grocery prices has failed to show any sign business is turning around.
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Murray Goulburn: more pain as Max Jelbart resigns

The Australian - ‎9 hours ago‎
Gippsland farmer Max Jelbart has resigned from the board of dairy giant Murray Goulburn due to illness. His resignation, just days after Murray Goulburn announced that its farmgate milk price would fall from 45c to 35c a litre and that chief executive ...
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Budget 2016: Rich or poor, how do you stack up?

Great Lakes Advocate - ‎14 hours ago‎
The calculator adjusts your total income to enable comparisons between different households. (By looking solely at income, it leaves out other components of wealth, such as property.
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Budget 2016: Aviation and rail links to boost tourism

The Australian - ‎9 hours ago‎
Annabel Hepworth has been the National business correspondent for five years. She was previously a journalist and then Associate Editor with the Australian Financial Review.
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Budget 2016: Defence policy reads like 'a $32bn spend on new jobs'

The Australian - ‎9 hours ago‎
The nation will spend $32.4 billion on defence over the coming year as the Turnbull government backs up its white paper promises with cash.
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Five Australia Post parcel delivery alternatives

Sydney Morning Herald - ‎17 hours ago‎
Australia Post's decision to start charging people who don't pick up their parcels on time has not gone down well with its customers.

Fine for false 'Aussie made' ugg claim - ‎21 hours ago‎
A company selling "truly Australian made" uggs has been fined more than $10,000 after the consumer watchdog said it had reason to believe the sheepskin shoes came from China.
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China to try again for Kidman

The Australian - ‎9 hours ago‎
The Kidman board committed to continue working with Dakang, the preferred bidder, to find a mutually and politically acceptable outcome.

Fortescue cuts debt pile by another $US650m on iron ore strength

The Australian - ‎1 hour ago‎
Fortescue has again reduced its debt load, announcing the repayment of $US650 million to deliver $US28m a year in interest savings.