News Wire

All Sections

Woolworths breaks 7.5-year losing streak

Psychological win even as profit is down: Woolworths chief executive Brad Banducci.

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.

Cost of WA election promises mounting up

Malcolm Turnbull with WA Premier Colin Barnett in Perth this week.

Western Australia's dire finances continue to overshadow even the most meritorious of election pledges, with no quick fix to the GST carve up in sight while costly promises including no tax hikes continue to flow thick and fast.

Kevin Bartlett backs the bounce

Kevin Bartlett wants to keep the "unique feature" of the game, and also opposes recall of the ball from a crooked bounce.

AFL legend Kevin Bartlett says the league should never have gotten rid of the umpires' bounce around the ground, and banning it altogether from the game would be wrong.

WA Greens push to decriminalise drug use

Greens leader Richard Di Natale has called for the decriminalisation of drug possession.

Greens leader Richard Di Natale has called for the decriminalisation of drug possession for personal use while campaigning in Perth for the WA election.

WA leaders face off in election debate

Colin Barnett only wanted one election debate.

West Australian Premier Colin Barnett and Opposition leader Mark McGowan will go head-to-head in an election debate on Wednesday night, hoping to sway voters prior to the state election on March 11.

Markets Live: Investors cheer Woolies

</p>

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 crunched by changing path to China

The company said it recorded $158 million in local sales in the last six months of 2016, down 31 per cent on the same ...

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.

Rising property market drives Stockland sale surge

Stockland townhouses at Willowdale, Sydney

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.

Fairfax Media confirms Domain spin-off and reports growth in profits

Where's all the informative news gone?

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.

Lyon says Watts has been put on notice

Jack Watts didn't play at Whitten Oval against the Bulldogs on the weekend.

Melbourne great Garry Lyon says that Jack Watts omission from the squad of 29 to play the Bulldogs on the weekend is a timely reminder that new coach Simon Goodwin is going to put his own stamp on the team. 

Woodside raises payout on profit surge

Woodside Petroleum's net profit was up sharply on the performance in 2015 and broadly in line with analyst forecasts.

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.