Health stands out as ASX pulls back Melissa Yeo, David Rogers Local stocks have dropped into losses, with health the only sector with any trading strength, it comes as Rio Tinto hits decade highs on its results and payout splurge.

‘It’s time to get ABC functioning again’ Richard Ferguson, Lilly Vitorovich Incoming chair Ita Buttrose has defended the broadcaster against accusations of bias and promised “proper stable management.”

Capex beat takes heat off GDP JAMES GLYNN Business investment topped forecasts in the final three months of 2018, helping ease fears of a sharp economic slowdown.

Calls to proscribe Hezbollah Mark Schliebs Canberra will “carefully examine” criminal behaviour by Hezbollah, after the UK said it would proscribe the group.

Redress scheme laggers named Richard Ferguson More than 100 institutions which have failed to join to the national child abuse redress scheme have been named and shamed.

Maggie Beer cooks up food deal ELI GREENBLAT TV personality Maggie Beer is in talks with the listed Longtable Group to sell a controlling stake in her food business.

Kim: we’ll overcome distrust Glenda Korporaal Kim Jong-un says he and Donald Trump can reach an agreement which “everyone would welcome,” ahead of a day of intensive talks.

Air NZ takes big profit hit Robyn Ironside Air New Zealand concedes conditions are challenging but says rival Virgin is “struggling big time” on trans-Tasman routes.

Labor visionary Landeryou dies Brad Norington Bill Landeryou, a former Victorian Labor minister and chief organiser of Bob Hawke’s early push for PM has died, aged 77.

Inghams flies above drought hit Samantha Bailey Inghams warns drought is lifting feed costs but says poultry demand remains strong, as first-half profit rose 28pc.

Afterpay made to run for money JAMES KIRBY Afterpay is coming under pressure as investors cool on continual losses just as its rivals begin to up their game.

Labor operatives plot Steggall bid BRAD NORINGTON Zali Steggall’s campaign chief, who orchestrated Kerryn Phelps’s by-election win, is a veteran ALP operativ­e, it has emerged.

ANZ, BHP shuffle exec deck JOHN DURIE ANZ and BHP have put earnings behind them and tackled succession issues as part of today’s executive shake-ups.

Property keeping Harvey ahead Eli Greenblat Overseas strength and $3bn in property helped Harvey Norman to a record underlying profit, but local sales are slipping.

US ships execute Taiwan sail past The US Navy has sailed two ships through the Taiwan Strait in ‘routine transit’ that is nonetheless sure to upset China.

Rio Tinto looks beyond iron ore John Durie Mining giant Rio has produced a better-than-expected $US8.8bn profit and talked up copper exploration for future growth.

Carnegie on the rise at ANZ Samantha Bailey Former Google chief Maile Carnegie’s star continues to rise at ANZ, her role expanded in a revamp of its executive ranks.

ACCC green lights Bingo's Dial-a-Dump buy Stuart Condie The ACCC has waved through Bingo's acquisition of Dial-a-Dump on condition the ASX-listed waste management firm divests its eastern Sydney recycling centre.