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Packer, Murdoch stump up $40m for One.Tel

Billionaire James Packer and Lachlan Murdoch will pay $40 million to settle a long running dispute with One.Tel creditors Telstra and Optus.

Santos LNG projects nearly complete

A flat quarterly production report from Santos has been overshadowed by news its massive LNG projects are nearly completed.

Dick Smith says turnaround is working

Electronics retailer Dick Smith has lifted its third quarter sales and its CEO says further growth is on the horizon.

Woodside could move quickly in Canada

Woodside Petroleum could be forced to move quickly on a growth project on the west coast of Canada after signing a three-year land use agreement.

Inflation expected to rise past 3%

Annual inflation is expected to have risen by 3.2 per cent, above the RBA's two to three per cent target range, an AAP survey shows.

Genesis Energy soars on debut

Genesis Energy's shares have spiked in the immediate aftermath of its listing on the NZX, rising by 18 per cent.

Air cargo class action nears settlement

Airlines at the centre of a class action over alleged price fixing on freight services have agreed to a $38 million settlement.

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