News out of the US and China has sent the Australian dollar diving to its lowest point in two-and-a-half years on Thursday.

Telstra boss David Thodey says we are entering the Century of the Consumer, with rich pickings for Australia if we take better care of talent.

The Australian share market suffered its heaviest one-day loss since February, closing more than two per cent down on Thursday

Telstra boss David Thodey says he does not expect delays to the NBN rollout despite work being halted over asbestos contamination.

Stocks of interest on the Australian Securities Exchange at close on Thursday

Newspapers might be struggling in the online world but investors still sent shares in Rupert Murdoch's new publishing arm soaring on Thursday

Discounts by retailers and lower interest rates boost spending for a ninth consecutive month, according to figures from the Commonwealth Bank.

Ben Bernanke pushed the $A over the edge on Thursday but it was the gravity of low interest rates and falling commodity prices that pulled it down.

Andrew Forrest's Fortescue Metals will miss its iron ore shipments target for this year and a deadline to sell a stake in its port and rail infrastructure

A strong Australian dollar has done little to stop travellers from flying into Sydney from China and Singapore.