Earnings Season
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IAG insurance profits pelted by December Sydney hailstorm
IAG's insurance profit was down a third, while cash earnings fell by almost half after a December storm battered parts of Sydney with golf-ball sized hail.
- by Stephen Miles
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Commonwealth Bank
Commonwealth Bank first-half profit rises to $4.7b, but misses expectations
The bank says it was hurt by higher funding costs, the impact of customers switching home loan types and competition in the market.
- by Stephen Miles
Navitas
Navitas confirms earnings on track for $2.1b takeover
The odds of Navitas receiving a formal $2.1 billion takeover bid from the BGH consortium got a boost on Tuesday when the global education group unveiled a strong underlying performance for the December half and confirmed its full-year earnings guidance.
- by Colin Kruger
Investors set to reap dividend bonanza
Investors are set to receive a boost in dividend payouts this month as companies rush to avoid a looming overhaul of tax rules if there's a change of government.
- by Matthew Burgess