Prospects are firming that the El Nino event taking hold will mean a drier Australia, with conditions in the Indian Ocean likely to reinforce those in the Pacific, the Bureau of Meteorology said.
Sarah Danckert ASIC has been criticised by the full bench of the Federal Court over its decision to wait six years before bringing charges against five former directors of Prime Trust.
Stephen Cauchi Australian shares enjoyed their fourth day of gains, led by a strong rebound in the big banks and a surge in Fortescue on reports of Chinese interest in a stake in the miner.
Rose Powell Morgan Stanley has named companies combining growth and reasonable yield as the shares to back, with Macquarie Group and JB Hi-Fi among those on its list.
Rose Powell Iron ore surged 2 per cent, recovering some of last week's losses, to trade at more than $US60 a tonne.
Stephen Cauchi European stocks are the most promising as far as international stocks are concerned, according to new research from Citi, displacing the "old leadership" from the US.
Simon Johanson One of Melbourne's best-known dining destinations is on the market.
Rose Powell The Australian sharemarket climbed on Monday, led by blue-chip names such as the big banks and spurred on by merger and acquisition activity, while a leap in the iron ore price supported miners.
Clancy Yeates Believe it or not, the surge in dividends may also create challenges for investors.
David Potts The bank deposit tax went AWOL in the budget and that isn't the only good news for savers. Term deposit rates might be a lost cause but even then there's some hope.