The shares of private-prison providers jumped on Friday after the Justice Department signalled its support for their use by the government. Last August, Sally Yates, the former deputy attorney general, directed the Bureau of Prisons to withdraw or decline contracts fo...

Chinese iron ore futures have slumped on Wednesday, falling over 4%. News that a major iron ore mine operated by Brazil's Vale will be allowed to resume production appears to be the catalyst. More »     

Bonds are back. Australian 10-year bonds are set for their best week since May as yield on Treasuries fell for a fourth day on Wednesday, marking their the longest stretch since the lead up to June’s Brexit vote. And pretty much every major sovereign debt from Japan...

[image url="http.//edge.alluremedia.com.au/uploads/businessinsider/2017/02/high-flyer.jpg" description="PYEONGCHANG-GUN, SOUTH KOREA - FEBRUARY 08. Lydia Lassila of Australia in action during womens aerials training prior to the FIS Freestyle World Cup at Bokwang Snow...

At 1 a.m. on Sunday, 27 March, clocks will wind forward an hour for British Summer Time. For sleep lovers, it will mean an hour's less kip -- and unless you're out partying every weekend until the early hours, this might be a bit of a shock to the system. More �...

It seems the border tax is coming. Trump has now joined House Speaker Paul Ryan and other Republicans in support of including a border adjustment tax in any upcoming Congressional tax reform bill. More »     

OnlyFans creator Dahria Smith makes more than $5,000 a week on the platform, where the Australian influencer posts explicit content as well as advice for other OnlyFans creators. More »    

Australia is bracing for the end of JobKeeper and JobSeeker as business insolvencies begin to rise by more than 60%. With JobKeeper to end in three weeks and business debts up to $1 million needing to be sorted by the end of the month, CreditorWatch has warned Au...

Andrew Thorburn is taking an extended break over the summer. The NAB chief executive will take most of January off before returning for a period to deal with the bank's response to the Hayne royal commission which is due to report on February 1st. More »     

The unemployment rate dropped to 5.1% in May, with the number of employed workers now sitting a full percentage point above pre-pandemic levels. Some 701,100 people now count as unemployed, 53,000 fewer than in April. More »   

The lockdown restrictions impacting Greater Sydney have been extended for another week. Premier Gladys Berejiklian on Wednesday announced stay-at-home orders and business closures, which were slated to expire this Friday, will instead last until midnight on Friday,...

Good morning – and, of course, commiserations and solidarity to our friends down in Melbourne. 1. Melbourne will re-enter stage three lockdown for six weeks from midnight tonight. That means everyone is subject to a general stay-at-home order, and can only leave for...

Loan deferrals continued to fall in February, the Australian Prudential Regulation Authority said, with just 0.5% of lending subject to deferred payments. More »   

With interest rates at record lows, money sitting idly in a bank account probably won't go very far. While not everyone is keen on the idea of investing hard-earned savings, it could be a good option for those wanting to grow their balance over the long term. Mo...

You may need to hit the books if you want to ace your next interview. Jessica Pointing, a Harvard junior who received internship offers from companies like Google, Apple, Facebook, Microsoft, McKinsey, Bain, Goldman Sachs, and Morgan Stanley, notes that preparation is...

Airlines will offer 800,000 cut-price tickets to tourism hotspots from April, thanks to the Federal Government's new, $1.2 billion industry support package. More »   

Imagine sending emails to your list that offer value, increase engagement, and strengthen brand awareness at regular intervals without creating new content for each email — for an unlimited amount of time. Oh! And it’s all done automatically. Sounds pretty amazing, right? Right. Lucky for yo...

The Chinese yuan has fallen to the weakest level against the greenback since May 2008. Investors have reacted negatively to the news, sending Asian stocks and currencies sharply lower. More »     

From Thursday, Domain will begin issuing alerts for off-market properties. The property group says the feature will give buyers a "competitive edge" in finding their next home, and removes the time it takes for sellers to gauge interest. More »    

New South Wales and Western Australia lifted their prohibition on live property auctions and inspections over the weekend. It saw Sydney's auction clearance rate jump to 65%, from around 50% the weekend prior, and in the 30s before that. More »    

Australia's biggest banks aren't quite in agreement when it comes to their predictions for the nation's quarterly growth, ahead of the December figures being released next week. More »     

Melbourne is bracing for news which could nudge it towards yet another lockdown, after state health authorities detected 11 new cases of COVID-19 in the community over Wednesday. More »   

Nearly one in ten coronavirus infections detected in New South Wales' latest outbreak was contracted at work, according to NSW Health. The Sydney Morning Herald revealed the statistic as unions, social service advocates, and Labor put new pressure on the federal go...

Sydney house prices have doubled in the past eight years, according to data recently released by CoreLogic. With that track record, it's little wonder why many think that it's never a bad time to buy in Australia's largest and most expensive housing market. More ...

Hello! Here’s what you need to know on Friday. 1. The Tories beat the Labour party in one of the most important by-elections in recent British political history. The Conservative party made history by winning the seat of Copeland -- a usually "safe" Labour seat. ...