Movers

Who wins from Brexit? 

Chinese President Xi Jinping is not as all-powerful as he would appear.

The UK's vote to exit the EU is creating a lot of losers. But out of all of the market turmoil and uncertainty will emerge at least one big winner.

Investors left scrambling for answers

Elizabeth Knight

If this morning is any indication, uncertainty is the new normal after the Brexit. Problem is, we don't know how long it will last and how much ...

BHP boosts exploration spending 29%

BHP chief executive Andrew Mackenzie anticipates capital and exploration spending of about $US7 billion in the year ...

BHP Billiton will boost its budget by 29 per cent to $US900 million next year as it tries to drive growth in an uncertain environment for M&A.

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The Economy

Chinese President Xi Jinping is not as all-powerful as he would appear.

Who wins from Brexit? China

The UK's vote to exit the EU is creating a lot of losers. But out of all of the market turmoil and uncertainty will emerge at least one big winner: China.

Economists back Labor cuts

Industry Super economist, Stephen Anthony: Relying more on personal taxes "does not sound efficiency improving”.

If Australia's leading economists were deciding the election they would vote for Labor's cuts to negative gearing.

Banking & Finance

Citi and Amex cards can be loaded on to new generation Samsung Galaxy devices.

Samsung Pay takes on Apple

Samsung is hoping its payment system launched in Australia on Wednesday will drive more sales of higher-end phones.

QBE downplays any Brexit business losses

QBE said if passporting rules are not preserved, it will have to renew this business into "newly established licensed EU ...

QBE says it doesn't see any "material impact" on insurance operations from Brexit. But its stock is down sharply again on Monday. Clydesdale, Henderson and BTIM are also lower on the ASX.

What will happen to super funds now?

SUPER AFR 100830 MELB PIC BY JESSICA SHAPIRO...
GENERIC superannuation, portfolio, golden egg, nest egg, invest, fund ...

Australians managing their superannuation or trying to build a nest egg will be wondering what to do as the full impact of Britains decision to leave the UK pulls down stock markets.  

'Mayhem' as Australians rush to buy pounds

British one pound sterling coins stand in front of a British Union flag, also known as a Union Jack, in this arranged ...

Australian currency shops are experiencing "mayhem" after Britain voted to leave the European Union and the Pound Sterling fell to its lowest point in more than 30 years.

Consumer Affairs

Mining & Resources

'Sunburnt country has burnt solar industry'

Setting sun on solar?: Industry highlights drop in new installations.

Australia's solar energy sector is facing further job losses amid falling numbers of new rooftop installations amid a lack of support during the Abbott-Turnbull governments, industry representatives say.

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World Business

Property

Architects are now turning to Sydney's west and north-west for development.

Architects turn sights onto apartments

Sydney major architectural firms are turning their sights to Sydney's fast expanding west and north western areas, where an estimated 20,000 apartments have commenced construction over the last year.

Mirvac unveils a "beautiful" office building – 200 George Street.

200 George Street sets a high standard

The opening of Mirvac and AMP Capital's 200 George Street, has shown how far buildings have evolved, from being bland concrete blocks to leading edge environmentally-friendly "wellness" centres.

Executive Style

Small Business