Business Spectator

US consumer confidence jumps in June

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Conference Board survey shows consumer sentiment equal to March's multi-year high.

Bill Gross warns on market liquidity

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Janus Capital portfolio manager says next crisis will test market liquidity in unprecedented way.

Renewable energy target slashed

by AAP
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Senate passes bipartisan deal to slash target from 41,000 gigawatt hours to 33,000.

Telstra appoints Warwick Bray CFO

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Warwick Bray to take over from Andrew Penn as chief financial officer from May 1.

Twitter sinks after earnings leak

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Disappointing sales delivered to market early via tweet, firm's stock slumps 18%.

TPG’s iiNet bid has synergy benefits: Morgan Stanley

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Competing M2 Group has less potential for synergy benefits, analysts report says.

Australia to learn from UK Google tax

by AAP
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Govt will tap UK over tax shifting crackdown, but insist now new taxes are involved.

Apple Pay plans to launch in Canada

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Sources say tech giant plotting expansion into Canada in northern autumn.

ACCC looks at Telstra 4G wholesale delays

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Rivals looking to get a foothold in 4G growing frustrated as Telstra dominates.

Telstra, NBN Co in secret agreement

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Telco, govt-owned enterprise reach deal to wrap up $200m court battle: report.

Storage-enabling market to soar to $21bn by 2024: Navigant

US research firm says market to expand 30-fold from $US605m today.

Apple says it pays all the taxes it owes

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Technology giant Apple has defended itself from claims of tax avoidance in Australia and says it pays above the corporate rate.

Dastyari urges hard line on tax shifters

by AAP
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Labor senator says culprits of tax minimisation should be 'named and shamed'.

Google Maps turns the world into one big game of Pacman

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Google celebrates April Fool's Day with new Pacman Google Maps game for desktop and mobile.

Second CBA exec charged over 'bribery'

by AAP
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Commonwealth Bank IT executive has been charged over a $1.9m kickback scheme.

Data retention costs in budget

by AAP
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Telcos will find out in budget how much govt will contribute for mandatory data retention costs.

Empire raising nearly $16m

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Perth-based explorer Empire Oil & Gas is raising $15.7m through a share placement and 1-for-4 rights share issue.

Aust digital economy worth $79bn

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New Deloitte report predicts digital economy will make up 7.3% of GDP by 2020.

Oil surges on weaker greenback

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Lower US currency makes oil more affordable; new drilling data suggest supply cuts.

EU offers Greece a $2.8bn lifeline

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Jean-Claude Juncker urges Greece to take EU development funds amid 'humanitarian crisis'.

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