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Fortescue slashes spending plans

Iron ore miner Fortescue has cut its expenditure forecast for the current year in half as iron ore prices remain weak.

Wesfarmers boss defends CEO pay packets

The head of Coles owner Wesfarmers says local executive pay packets need to be considered in relation to foreign and private companies.

Rio Tinto commits to shareholder returns

Rio Tinto CEO Sam Walsh says he is looking forward to announcing a material increase in cash returns to shareholders in February next year.

Energy sector hammered as oil tumbles

Australia's oil and gas players are bracing for slimmer revenues amid lower oil prices but analysts say prospects are good in the long-term.

Primary Health 'frustrated' by co-payment

Primary Health Care wants the federal government to scrap its controversial GP co-payment policy

Suncorp takes thousands of storm claims

Suncorp says it will incur a maximum cost of $250 million from claims arising from a major storm in Brisbane.

Rates tipped to rise in 2015

Borrowers are being warned to expect a rise in for mortgage repayments next year, with economists tipping rate rises.

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