Posted
In this update: Telstra has announced a 14 per cent drop in half year profit to $1.8 billion dollars. The energy firm Origin has reported a net loss of $1.7 billion for the six months to the end of December. The latest market news.
Topics: business-economics-and-finance
Posted
| UpdatedLet's just say the latest national snapshot of the state of renting a home in Australia does not paint a pretty picture. That's putting it lightly. It's dire.
Topics: housing, government-and-politics, housing-industry, industry, business-economics-and-finance, australia
Posted
| UpdatedMalcolm Turnbull is particularly critical of the SA Government for what he describes as its renewable energy scheme, but it's the Commonwealth's scheme, says energy expert Danny Price.
Topics: government-and-politics, federal-government, business-economics-and-finance, industry, electricity-energy-and-utilities, alternative-energy, australia
Posted
| UpdatedThe board of troubled baby formula maker Bellamy's will see off the challenge from Tasmanian shareholder Jan Cameron, the company chairman says.
Topics: business-economics-and-finance, food-and-beverage, bicheno-7215
Posted
| UpdatedThe "patchwork" of different renewable energy targets from the states and territories will "create widespread power system security problems", according to Danny Price, a respected expert who helped design Australia's national energy market rules.
Topics: government-and-politics, electricity-energy-and-utilities, alternative-energy, federal-government, business-economics-and-finance, emissions-trading, australia
Posted
| UpdatedMany companies are encouraging their workers to be happy, but psychologists argue this fixation can be more stressful than liberating.
Topics: happiness, emotions, community-and-society, work, management, business-economics-and-finance, australia
Posted
| UpdatedPeople with criminal records, single parents and pet owners are facing discrimination when it comes to renting in Tasmania, and there are reports of racial discrimination, a tenant's advocacy group says.
Topics: housing, government-and-politics, housing-industry, industry, business-economics-and-finance, tas
Posted
In this update: Retail giant Wesfarmers has thrown its weight behind gambling reform, by threatening to sell off its gaming operations.
Topics: business-economics-and-finance
Posted
| UpdatedThe nation's first national survey of housing tenants reveals renters in Australia have little security and lack the power to demand standard property maintenance.
Topics: housing, government-and-politics, housing-industry, industry, business-economics-and-finance, australia
Posted
| UpdatedDepartment of Education figures show 3,600 families hit the annual cap on the childcare rebate just halfway through the financial year.
Topics: child-care, government-and-politics, business-economics-and-finance, australia
Posted
Wesfarmers chief executive Richard Goyder has thrown his weight behind gambling reform by not ruling out dumping gaming operations unless new regulations are introduced to limit the social damage from poker machines, February 15, 2017.
Topics: retail, gambling, business-economics-and-finance, australia
Posted
| UpdatedThe Australian Shareholders Association is demanding more accountability from Australian directors. Effectively asking directors to step out of the shadows and take a bigger role in explaining their decision making to shareholders.
Topics: business-economics-and-finance, australia
Posted
| UpdatedBooming coal prices have come to the rescue of giant conglomerate Wesfarmers' bottom line just as its supermarket division earnings take a hit from increased competition and its strategy of slashing prices. Richard Goyder, CEO of Wesfarmers speaks to Elysse.
Topics: business-economics-and-finance, australia
Posted
The local share market rose strongly today as Commonwealth Bank led a flurry of interim results, with a record $4.9 billion profit for the latest six months.
Topics: business-economics-and-finance, australia
Posted
Host: Ellen Fanning
Panel: Michael Pascoe, Dee Madigan, Ming Long and Jim Molan
The panel discusses the Government’s threat to increase taxes if the omnibus bill doesn’t pass, Adani coal mine protest plans and Australia’s alliance with the US.
Topics: government-and-politics, business-economics-and-finance, unrest-conflict-and-war, environment, australia, singapore
Posted
Origin Energy finally bites the bullet and wipes more than $1 billion off the value of its stake in the $25 billion APLNG gas export project in Queensland.
Topics: business-economics-and-finance, oil-and-gas, industry, qld, australia
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
| UpdatedThe embattled chief executive of Seven West Media, Tim Worner, remains defiant about the fallout from his affair with employee Amber Harrison, while delivering a 91 per cent fall in half-year profit.
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
| UpdatedA 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
| UpdatedAustralia'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