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Turnbull rejects GST 'average' proposal

The Turnbull government has rejected a key recommendation of a review into the carve-up of GST revenue among the states and territories.

Former insurance broker took client cash

A former insurance broker has admitted funnelling almost $200,000 owed to 35 clients for policy cancellations and adjustments into his own bank accounts.

Bankwest to close 29 branches

Bankwest is closing 29 branches along Australia's east coast and cutting 200 jobs, saying customers are increasingly using mobile banking.

Atlas recommends $390m Rinehart takeover

Atlas Iron's board has backed a takeover bid by billionaire Gina Rinehart after rival bidder Mineral Resources pulled out of contention.