Top business news

RBA leaves rate on hold for a 7th month
The Reserve Bank has left the cash rate at a record low of two per cent, noting that jobs growth is getting stronger.
RBA's announcement - full text
The RBA has kept the official interest rate at two per cent, citing moderate expansion of the Australian economy.
RBA keeps interest rates at 2 percent
The Reserve Bank has left the official interest rate at a record low of two percent for a seventh straight month.
Coles-Arnott's stoush takes the biscuit
Fans of the upmarket Tim Tam varieties will have to go elsewhere for their sugar hit after Coles refused to meet a price hike by manufacturer Arnott's.
Construction boom to flow into 2016
Home building approvals rose 3.9 per cent in October, up for a second month in a row, driven by gains in apartments and townhouses.
Is REA Group Limited the best growth stock on the ASX?
The share price of online real estate business REA Group Limited (ASX: REA) climbed 5% to a record high of $52.75 today despite the company releasing no specific news to the ASX.
TFS Corporation doubles quarterly profit
Sandalwood producer TFS Corporation has more than doubled its quarterly profit thanks to a revenue boost from a revaluation of trees and a plantation sale.
ANZ red faced over internet banking crash
ANZ customers were unable to access their accounts at the start of the week, prompting embarrassment for the bank and angry sprays across social media.
Current acct deficit narrows in Sept qtr
The Australian Bureau of Statistics has released the current account balance for the September quarter.
200 jobless after Vic call centre collapse
Almost 200 people from Melbourne call centre CallActive have been left jobless after it went into liquidation - owing millions in superannuation and back pay.