Business

Elizabeth Knight

Elizabeth Knight comments on companies, markets and the economy.

Virgin has pulled its discount brand Tigerair out of the Bali market.

There are simply too many seats in the sky

Pressure is mounting on Australian airlines to make fresh cuts to capacity after Virgin Australia's softer than expected second quarter left investors worrying about the state of the aviation market.

Tabcorp wants to buy Tatts in part to fend off a growing challenge from overseas online rivals like William Hill and ...

UK start-up, acquisition costs mar Tabcorp result

Tabcorp's bottomline performance was down 28.1 per cent - marred by a series of one-off losses associated with its UK start-up business Sun Bet, litigation with regulator Austrac and costs associated with acquisitions.

Mining companies have China to thank for a big rebound.

Miners smiling but gloomy days ahead for banks

In the next couple of weeks investors will see real evidence of the fact that the Australian corporate earnings drought has broken. After two years of falling profits they are now expected to rise around 6 to 7 per cent.