Posted
In this update: The Australian share market is making solid gains and also investors digest earning reports and bank shares rally; The Commonwealth bank has announced a half year net profit of 4.9 billion dollars for the six months to the end of December; The Chief Executive of the broadcasting and publishing group Seven West Media has acknowledged his affair with a former employee during a presentation on the Company's profit result.
Topics: business-economics-and-finance
Posted
| UpdatedTim Worner, chief executive of broadcasting and publishing group Seven West Media, uses a presentation on the company's profit result to acknowledge his affair with former employee Amber Harrison.
Topics: business-economics-and-finance, wa
Posted
| UpdatedBooming coal prices compensate for falling food and liquor prices to boost Wesfarmers' bottom line, helped by better than expected growth from Bunnings.
Topics: business-economics-and-finance, company-news, retail, mining-industry, coal, australia
Posted
A bid by Tasmanian businesswoman Jan Cameron to be installed on the board of trouble-stricken baby formula maker Bellamy's will see the battle for control come down to the wire, a finance expert says.
Topics: business-economics-and-finance, tas
Posted
In this update: the Australian share market is making solid gains as investors digest earning reports and bank shares rally; The Commonwealth Bank has announced a half year net profit of 4.9 billion dollars for the six months to the end of the December; The conglomerate which owns Coles, k-Mart and Bunnings, Wesfarmers has made a half year profit of more than one and a half billion dollars.
Topics: business-economics-and-finance
Posted
Australia's biggest lender, Commonwealth Bank, unveils a record first-half profit of $4.9 billion, up 6 per cent on the previous record.
Topics: banking, industry, business-economics-and-finance, australia
Posted
| UpdatedFinancial distress is affecting a huge number of Australians and the slightest wind could spell catastrophe for households, David Taylor writes.
Topics: business-economics-and-finance, government-and-politics, money-and-monetary-policy, australia
Posted
| UpdatedOngoing job cuts in Airservices Australia leave the network at "breaking point" and senior managers express fears the new regime is "a huge risk to public safety", an ABC investigation reveals.
Topics: air-transport, industry, business-economics-and-finance, government-and-politics, federal-government, melbourne-3000, melbourne-airport-3045, vic, canberra-2600, act
Posted
Business confidence in Australia has surged to the highest level in three years, and trading conditions are better than they've been for nine years, according to a new business survey out today.
Topics: business-economics-and-finance, australia
Posted
| UpdatedIf Donald Trump's election victory was the biggest surprise of 2016, the second was the recovery in the prices of iron ore and coal. Iron ore is headed for $100 a tonne, but will it be enough to save Australia's prized triple-A rating?
Topics: business-economics-and-finance
Posted
| UpdatedEarly gains faded late in the session, thanks to a sell-off in the banks and the ASX 200 dropped 0.1% Marcus Padley from Marcus Today speaks to Elysse.
Topics: business-economics-and-finance, markets
Posted
| Updated30 years of globalisation could be coming to an end - that's the prediction from one of the world's leading financial advisor's Lazard. So how to invest in a post-globalisation world? Lazard's managing director and portfolio manager Ron Temple speaks to Elysse.
Topics: business-economics-and-finance
Posted
Topics: business-economics-and-finance, japan
Posted
| UpdatedToshiba may have reached the end of the road, with the Japanese company delaying a release of its earnings report amid a huge one-off loss.
Topics: business-economics-and-finance, corporate-governance, nuclear-energy, information-technology, japan
Posted
Treasurer Scott Morrison is trying to save Australia's prized AAA credit rating, burdened by a $37 billion budget deficit, but one ratings agency is likely to deliver on its threat to cut our credit rating, writes Andrew Robertson.
Topics: business-economics-and-finance, money-and-monetary-policy, government-and-politics, federal-government, budget, iron-ore, coal, australia
Posted
| UpdatedA new family-owned meatworks catering for specialist beef products is proposed for Central Queensland.
Topics: rural, food-processing, business-economics-and-finance, agribusiness, livestock, beef-cattle, mackay-4740
Posted
In this update: gains have faded on the Australian share market late in the session; across the region markets are weaker; and the managing director of conglomerate, Wesfarmers, will step down at the end of this year.
Topics: business-economics-and-finance
Posted
| UpdatedHe's the tech billionaire with the ear of new US President Donald Trump.
Topics: business-economics-and-finance, immigration, pacific, new-zealand
Posted
Perth-based conglomerate Wesfarmers announces its industrials chief Rob Scott is to take over from long-standing managing director Richard Goyder when he stands down in November.
Topics: business-economics-and-finance, retail, wa
Posted
In this update: The Australian share market is being driven higher by a surge in iron ore prices and optimism on Wall Street; The hearing implant manufacturer Cochlear has reported a 19 per cent increase in its half year profit; The Managing Director of the conglomerate Wesfarmers Richard Goyder will step down at the end of this year.
Topics: business-economics-and-finance
Posted
In this update: The federal government's asked the chairman of Australia Post, John Stanhope, to appear before a Senate committee to justify the salary paid to CEO Ahmed Fahour; Adelaide business leaders are taking their concerns over energy supply to Canberra today;
Topics: business-economics-and-finance
Posted
| UpdatedThe first national audit of batteries that store solar power shows almost 7,000 were installed in Australian homes last year — and that's predicted to triple this year.
Topics: electricity-energy-and-utilities, industry, business-economics-and-finance, alternative-energy, environment, energy, science-and-technology, australia
Posted
| UpdatedThe leaking of documents on Twitter prompts Seven West Media's Jeff Kennett to engage in Twitter battle.
Topics: media, business-economics-and-finance, australia
Posted
| UpdatedOne of the country's largest owner of coal-fired power stations, Energy Australia, has taken out a full page ad in a national broadsheet, declaring its support for a non-partisan push for clean energy. The managing director of Energy Australia, Catherine Tanna, speaks to Elysse.
Topics: business-economics-and-finance, australia
Posted
| UpdatedHaulage company Aurizon, which moves millions of tonnes of coal and iron ore between mines and ports, has returned to profitability thanks to major cost cuts - which included shedding 500 workers. Aurizon CEO, Andrew Harding speaks to Elysse.
Topics: business-economics-and-finance, australia