Woolworths has flagged higher costs for labour, fruit and vegetables and a wider loss for its troubled discount department store Big W this half, as it blitzed supermarket rival Coles with the strongest quarterly sales growth in years.
Murray Goulburn said 360 workers would lose their jobs when it closed facilities in Edith Creek, Tasmania, and Rochester and Kiewa in Victoria.
A recent multi-million dollar tax ruling against oil giant Chevron, if allowed to stand, would have ripple effects across the globe.
The very notion of having the owner of Sydney's Kingsford Smith airport, Sydney Airport, build and operate the city's second airport at Badgerys Creek is akin to putting the turkey in charge of Thanksgiving.
Disappointing ANZ earnings triggered a sell-off in the big banks on Tuesday, but gains in property trusts helped limit the losses.
An afternoon rally driven by bargain-hunting in the big banks following ANZ's poor earnings result helped almost erase early losses, as the RBA holds rates.
"This is a clear indication that rate hikes are a distant prospect," JP Morgan analyst Sally Auld said.
Luggage and handbag chains Victoria Station and Kate Hill have appointed administrators, putting hundreds of jobs in doubt.
If investors are counting on the banks to help take the index over the 6000 line, they may be disappointed.
What were the big ticket items from this year's Victorian budget? State political editor Josh Gordon boils it down.
Who are the winners and losers from this year's Victorian state budget?
The Reserve Bank continues to keep interest rates on hold. Eryk Bagshaw explains the logic.
Milk producer Murray Goulburn announces it will shut down three manufacturing facilities and write off $150m in debts owed by farmers.
Infrastructure spending, payroll tax reform and funding to reskill retrenched manufacturing workers are among jobs measures in the Victorian budget.
Analysts are optimistic another OPEC production cut agreement will eventuate but the prospect of surging shale activity in the US has investors wary.
Another Australian label changes hands, with Aje set to join David Jones after two years at Myer.
The stand out listings traded on the Australian Stock Exchange captured at key moments through the day, as indicated by the time stamp in the video.
ANZ Bank's profit increased 23 per cent in first half to $3.4 billion.
See how closely you've been paying attention with our Draw It Yourself tool.
An attack on costs that has cut thousands of jobs and a focus on better lending has seen ANZ Bank post a healthy jump in its half year profit.
Woolworths was expected to beat Coles in the latest quarterly bout of the great supermarket war. But it shot the lights out.
Woolworths announces a strong growth in supermarket sales, with like-for-like sales rising 4.5 per cent in the March quarter.
University leaders have lashed out at the Turnbull government's proposed cuts to higher education funding.
Primary Health Care has poached an executive from its rival Sonic to run the company after Peter Gregg's exit.
Sydney Airport has turned down the opportunity to build and operate the new airport at Badgeys Creek because of the "considerable risks" its investors would bear for decades.
Caltex will establish a $20 million assistance fund for workers who were underpaid.
Oil closed at the lowest in more than a month as Libyan output surged, and Saudi Arabia cut prices to Asian customers.
Janet Yellen will have to clear ever higher hurdles if she wants to pare in an "orderly' way the Fed's $US4.5t balance sheet.
The Australian dollar advanced overnight on expectations that the RBA will signal rates are more likely to rise than fall.
The small business ombudsman says the Australian Bankers' Association's response is disappointing and excludes many small businesses.
Tattoos are more common than ever but the workplace reaction can be mixed.
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