Nev Power, CEO of Fortescue Metals Group, says the firm's focus on cost cutting and a weak Aussie dollar helped the miner to offset falling iron ore prices. He also explains what that means for the firm's dividend payout for 2015.» Read More
A gunman is holding an unclear number of hostages inside a cafe in downtown Sydney, reports CNBC's Matt Taylor. Five hostages have emerged, and it is unclear exactly how they fled.
CNBC's Matt Taylor reports five of the hostages inside a Sydney cafe have emerged from the building.
Discussing the unfolding events of the Sydney hostage situation, Benjamin MacQueen, senior lecturer of Politics and International Relations at Monash University, discusses whether the Australian government could have predicted this event.
New South Wales (NSW) police commissioner, Andrew Scipione told a news conference that the force was continuing to investigate not speculate, and "we're doing all we can" to solve this current hostage situation in Sydney.
Adrian Di Pasquale, Political Analyst at Internuntia Group, says the people who have escaped from the cafe will provide key information about the hostage taker.
Scott Flower, Mackenzie Fellow at the University Of Melbourne, discusses the Australian police's handling of the hostage incident in central Sydney on Monday.
Colin Chapman, President of the New South Wales Chapter of the Australian Institute of International Affairs, discusses the hostage incident which took place in central Sydney on Monday.
Manpreet Gill, Senior Investment Strategist at Standard Chartered, says falling commodity prices pose as a "cyclical challenge" for Australia.
Armed men have taken several people hostage at a cafe in Martin Place, one of Sydney's main business areas. CNBC's Matthew Taylor has more.
Want some time away from the city? CNBC's Susan Li takes you to the Blue Mountains, a mountainous region in New South Wales, in this new episode of "First Class."
Steve Shepherd, Employment Market Analyst at Randstad, discusses the trend in Australia's employment numbers for November which is skewed to part-time positions.
Check out this preview of CNBC's luxury travel program "First Class" where Susan Li becomes a pilot for a day, thanks to a Qantas flight simulator.
In this month's "First Class", CNBC's Susan Li travels to Sydney to check out the biggest development the city has seen in decades - six-star hotel and casino, Crown Sydney.
David Murray, Chairman of Australia's Financial System Inquiry, says the Murray Inquiry pitted Australian lenders against their international peers. He also explains how the report's findings won't hurt taxpayers.
Charles Leyland, Managing Director at Leyland Private Asset Management, explains why David Murray's recommendations are an attempt to save the industry from itself.
Brett Le Mesurier, Director of Financials Research at BBY, describes which banks will be most affected by the Murray report's findings.
Martin Smith,Senior Markets Analyst at East and Partners, explains why the financial system inquiry is positive from a regulatory and consumer perspective.
David Lennox, Resource Analyst of Fat Prophets, discusses reports of overproduction by big miners, which are crowding out junior miners.
Sephora has joined international retailers in entering the Australian market, providing more competition for domestic players. Afif Haddar, General Manager for Southeast Asia discusses the launch.
NBA player Andrew Bogut spends part of his $14 million a year salary to buy muscle cars, shopping, and feeding his two dogs.