Fortescue earnings report
Mining company Fortescue Metals Group posted a bumper half-yer net profit.
Mining company Fortescue Metals Group posted a bumper half-yer net profit.
The former lover of Seven West Media boss Tim Worner went "nuclear" in airing her grievances on social media but the company's director Jeff Kennett was "not well-advised" in picking a fight with her in public, a Sydney judge has said.
The rebound in oil - and gas - prices helped to propel Woodside Energy's earnings sharply higher in 2016 as it looks to higher output in the year ahead to maintain the growth momentum.
Vitamin and supplement maker Blackmores have posted a sharp fall in first-half profits.
The Federal Court says Queensland Nickel's special purpose liquidators intend to seek a warrant for Clive Mensink's arrest.
Woolworths broke its 30-quarter losing stream by winning the second quarter sales race with Coles, posting a 3.1 per cent increase in same store sales for the second quarter compared to must 0.9 per cent growth at Coles.
Supermarket chain Woolworths has beaten rival Coles in sales growth for the first time in over 7 years.
Coca-Cola Amatil has announced it will close its South Australia manufacturing plant after posting a drop in annual profit.
Shares are once again struggling to make ground despite strong support for Woolworths, as investors take profits on the miners amid the busiest day of reporting season yet.
Blackmores' shares shed as much as $13 of their value on Wednesday morning after the vitamins and supplements powerhouse revealed that shifting channels into the all-important Chinese market had crunched its sales and profit.
Fortescue boss, Twiggy Forrest is set for a multi-million dollar pay day with the decision of the iron ore minder to hike the dividend amid a surge in earnings.
When Seven West Media wrote down the value of Yahoo7 by $75.5 million, it gave a shift to "programmatic advertising" as the reason. What it failed to mention was the corporate regulator was also involved.
Stockland, one of the country's largest home developers, said the strong residential markets along the eastern seaboard, stable retail sales from its tenants and higher office rents going forward, will underpin its growth in the full year.
Coca-Cola Amatil will close its manufacturing plant in South Australia, at a loss of about 180 jobs, and shift the work to Queensland as part of a $90 million reorganisation.
The results come as Fairfax prepares to separate its real estate classified site Domain and list it separately on the stock exchange. Fairfax is expected to keep a controlling stake - up to 70 per cent - which would ensure it captures the profits if earnings continue to increase at the same pace.
The price of iron ore has surged higher still, reaching its highest level since mid-2014.
The head of Australia's central bank said on Wednesday the risks of encouraging more borrowing by already heavily indebted households argued against seeking a faster return of inflation to its target band, another sign rate cuts were off the table.
Australia's largest general insurer posted a 4.3 per cent fall in first-half net profit, but that's better than the market expected.
Local shares are due for a strong open after Wall Street had another record night.
Milo Yiannopoulos, the incendiary writer and commentator who helped make Breitbart News a leading organ of the "alt-right," resigned from the news organisation Tuesday after a video of him endorsing pedophilia surfaced online over the weekend.
Environmental groups want more time to consider the impacts of Santos' Narrabri CSG project that will include as many as 850 wells, producing more than 100 tonnes of waste salt alone per day.
A childcare provider, whose owner has previously been rebuked as a remorseless offender of wage violations, is embroiled in fresh claims of exploiting staff.
Caltex in business review as BP's planned $1.8 billion buy of Woolworths petrol stations will hit sales volumes
"Alternative facts" make it hard to develop a rational attitude about government revenue, expenditure and the future of Australia.
Oil giant Caltex says it hasn't benefited from terminating franchisees for wage fraud
BHP Billiton's shareholder austerity push appears to be over and investors will be positively surprised.
The retail analyst was keen to know what other retailers are in danger of collapse, and he knew who to ask.
A parliamentary inquiry into the $44 billion life insurance industry is likely to dredge up a range of issues.
Retail has had a rough and ready couple of months, but some companies are shooting it out of the park.
Melbourne Airport will help accommodate air traffic unable to land at Essendon Airport, which will remain closed while an investigation into Tuesday's fatal crash takes place.
Purchase a plant with the click of a button.
The Australian Small Business and Family Enterprise Ombudsman says the tax cut is vital for small business confidence.
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