Posted
| UpdatedNAB chief executive Andrew Thorburn faces tough questions over the bank's financial planning arm and its practices.
Topics: banking, business-economics-and-finance, company-news, government-and-politics, australia
Posted
Set up in 2014 by community organisation Launch Housing, HomeGround is a real estate agency that aims to create more affordable housing by tapping into the large private rental market.
Topics: business-economics-and-finance, company-news, consumer-finance, economic-trends, housing-industry, money-and-monetary-policy, lifestyle-and-leisure, human-interest, australia
Posted
| UpdatedProfit-taking dominates the overnight trading session in the United States, after yesterday's strong gains which saw the Dow Jones Industrial Average surge past the 21,000 point mark for the first time.
Topics: business-economics-and-finance, company-news, markets, money-and-monetary-policy, currency, stockmarket, futures, australia, united-states
Posted
Reporting season ends with profits up 123 per cent on last year and 94 per cent of large companies in the black on the back of a commodities rebound and housing boom.
Topics: stockmarket, company-news, business-economics-and-finance, australia
Posted
| UpdatedThe Australian Securities and Investments Commission will take Westpac to Federal Court over its responsible lending practices.
Topics: law-crime-and-justice, company-news, business-economics-and-finance, consumer-finance, consumer-protection, corporate-governance, banking, australia
Posted
Uber chief executive Travis Kalanick apologises after a video surfaces showing him getting into an argument with a driver for the ride service who complained about pay rates.
Topics: company-news, internet-technology, united-states
Posted
A report commissioned by CommInsure into claims of unethical behaviour at the Commonwealth Bank's insurance arm clears the life insurer of "systemic" and "cultural" problems, despite not speaking to any of the victims nor Benjamin Koh, the whistleblower who revealed the scandal.
Topics: business-economics-and-finance, company-news, consumer-protection, consumer-finance, banking, insurance, regulation, health, australia
Posted
Clive Palmer's Waratah Coal company lodges an expression of interest with the Clean Energy Finance Corporation to develop a "clean coal" plant in Queensland's Galilee Basin.
Topics: coal, company-news, environmental-management, pollution, climate-change, alpha-4724
Posted
Communications Minister Mitch Fifield faces hostile questioning about why he did not know the specifics of Ahmed Fahour's multi-million-dollar salary as chief executive of Australia Post.
Topics: business-economics-and-finance, company-news, transport, management, regulation, australia
Posted
| UpdatedTwo directors of embattled company Bellamy's resign, another two are voted out, while shareholders knock back Tasmanian business woman Jan Cameron's bid for a seat.
Topics: company-news, food-and-beverage, dairy-production, australia, tas
Posted
| UpdatedTroubled law firm Slater and Gordon admits it is effectively broke and operating at the mercy of its lenders.
Topics: company-news, law-crime-and-justice, australia
Posted
| UpdatedInsurer QBE reports a 23 per cent rise in profit to $US844 million ($1.1 billion) and plans to hand it back to shareholders through a billion-dollar share buyback.
Topics: insurance, company-news, australia
Posted
| UpdatedIt would be unreasonable to expect former Queensland Nickel director Clive Mensink to fly in an economy-sized seat to Australia to face a public examination into the refinery's collapse, a Brisbane court hears.
Topics: courts-and-trials, company-news, clive-palmer, brisbane-4000, qld, australia, townsville-4810
Posted
With discount clothes and fast fashion, Australian shoppers have never had it so good. But it's sending local retailers to the wall, with the collapse of half a dozen brands this summer, and predictions of more to come.
Topics: retail, business-economics-and-finance, company-news, economic-trends, australia
Posted
| UpdatedWith many predicting Amazon will soon set up warehousing and distribution in Australia, what does that mean for consumers?
Topics: company-news, business-economics-and-finance, consumer-protection, consumer-electronics, information-and-communication, australia
Posted
| UpdatedAustralia could "take the heat out of the housing market" and make home prices more affordable by cutting negative gearing and capital gains tax concessions, the head of Australia's Reserve Bank admits.
Topics: business-economics-and-finance, company-news, economic-trends, money-and-monetary-policy, markets, government-and-politics, australia, canberra-2600
Posted
Falls among technology stocks offset the impact of a surge in oil prices, resulting in a mixed finish on Wall Street.
Topics: stockmarket, business-economics-and-finance, company-news, economic-trends, markets, currency, futures, united-states, australia
Posted
| UpdatedIf your strategy is based on "down, down, down" like Coles, or "cheap, cheap, cheap" as in Woolworths, it becomes a race to the bottom.
Topics: business-economics-and-finance, company-news, consumer-finance, consumer-protection, food-and-beverage, australia
Posted
| UpdatedFormer Queensland Nickel director Clive Mensink has been diagnosed with clinical depression and anxiety and returning to Australia to face a public court examination would prove difficult, a Brisbane court hears.
Topics: courts-and-trials, clive-palmer, company-news, law-crime-and-justice, brisbane-4000, qld, townsville-4810
Posted
Australia Post's managing director Ahmed Fahour has resigned after he was the subject of intense criticism for his $5.6 million dollar annual salary.
Topics: business-economics-and-finance, company-news, transport, australia
Posted
| UpdatedAustralia Post's managing director Ahmed Fahour resigns, despite the business posting a large profit turnaround due to online shopping parcel deliveries.
Topics: business-economics-and-finance, company-news, transport, australia
Posted
| UpdatedArdent Leisure, the operator of the Gold Coast's Dreamworld theme park, has reported a loss of $49.4 million hit by the impact of the October ride tragedy that killed four people.
Topics: company-news, tourism, stockmarket, markets, regulation, qld, australia
Posted
| UpdatedCrown Resorts reports a fall in underlying revenue amid a slump in VIP gamblers at its Australian casinos.
Topics: company-news, gambling, australia, macao
Posted
| UpdatedQantas posts a 25 per cent profit slide, amid competitive pressures and ongoing redundancy payments as part of its "transformation program".
Topics: air-transport, company-news, australia
Posted
| UpdatedFor the people of Thebarton, the closure of Coca-Cola's bottling plant in Adelaide will be like having "your heart ripped out", a local historian says, who remembers touring the newly opened factory in 1951 as a child.
Topics: unemployment, community-and-society, company-news, thebarton-5031, adelaide-5000, sa