Yesterday
United Airlines bets on return of supersonic travel
The US airline has signed a deal for a fleet of supersonic jets 18 years after the Concorde airliner was discontinued.
- Lori Aratani
This Month
New vehicle sales accelerate in May
New vehicle sales climbed to 100,809 in May, almost 9 per cent higher than May two years ago – before the COVID-19 upheaval.
- Simon Evans
Peter Warren Auto in driver’s seat: analysts
The auto dealership group’s shares are up 30 per cent in six weeks on the ASX, but there is more to come, analysts say.
- Simon Evans
Camplify heads to ASX on domestic holiday rise
A younger demographic is embracing a digital platform similar to Airbnb, with 5400 motorhomes on the books and demand rising.
- Simon Evans
May
Cleanaway’s ‘most improved’ gong off a low base
The waste company was last Thursday the recipient of a gong awarded by the Australasian Investor Relations Association.
- Myriam Robin
Hydrogen vehicles to ‘happily co-exist’ with EVs
The federal government has named hydrogen as a priority technology in its road map for shifting Australia to lower emissions.
- Jenny Wiggins
Tesla Model 3 loses coveted ‘top pick’ Consumer Reports status
The decision came after Tesla ditched radar as a supplement to its camera-based sensors, temporarily suspending several advanced safety systems.
- Chester Dawson
Big profit upgrade for newly listed Peter Warren Auto
After less than a month on the ASX, the car dealership group has raised its profit forecasts by between 20 per cent and 27 per cent.
- Simon Evans
- Opinion
- Terror charges
Belarus kidnapping sets a dangerous global precedent
The disturbing reality is that authoritarian countries are increasingly resorting to what Freedom House, a US-based pro-democracy organisation, calls in a report released in February, ‘transnational repression’.
- Gideon Rachman
Qantas cuts jobs, eyes international flights
Qantas is on track to lose $2 billion this year, but says it has turned a corner, thanks to cost cutting and strong domestic travel.
- Jemima Whyte and Mark Ludlow
- Opinion
- Chanticleer
Joyce’s important message for Qantas investors
Qantas chief executive Alan Joyce knows from experiences seven years ago you must not waste a crisis. He is playing this particular crisis to perfection.
- Updated
- Tony Boyd
Qantas staff hit with wage freeze, job cuts
The airline has imposed a two-year wage freeze on staff and has opened up voluntary redundancies for international crew in a cost-cutting drive.
- Jemima Whyte
Profits soar in April at Eagers Automotive
Record new car sales for April across the industry means profits are accelerating fast at Australia’s biggest car dealership group.
- Simon Evans
Ex-CEO claims ‘stitch-up’ amid $1m expense probe
Smash repairer AMA’s ousted chief executive, who faces a lawsuit over expense and overpayment claims, argues he was not offered a fair chance to confront allegations.
- Liam Walsh
New car delivery delays drive motorists crazy
Wait times of up to six months for delivery of new cars have forced manufacturers to offer refunds and stoked huge demand in rental and second-hand car markets.
- Peter Ker
Rex fleet lands in Parliament
The airline certainly made an impression by gifting every parliamentarian their own Boeing 737.
- Myriam Robin
Rex says it will break even this financial year
The regional airline says its cash holdings have risen tenfold since the pandemic lows of last March but deputy chairman John Sharp conceded some of that cash is encumbered.
- Lucas Baird
- Analysis
- Federal budget
Australia’s amazing disappearing infrastructure spend
The government blames laggard states, bottlenecks, regulatory hurdles and the chaos of COVID-19 for punching holes in its infrastructure spending plans.
- Jacob Greber
- Analysis
- Trucking
Christine Holgate takes on one of the toughest jobs in Australia
Fixing Toll’s dysfunctional culture in a highly competitive industry is going to be a challenge for the celebrity CEO, ex-managers say.
- Aaron Patrick
High-flying Virgin valued at $1b under Bain
The prices of equity stakes taken by the Queensland government and Virgin Group paint a picture of the airline’s post-administration market value.
- Lucas Baird
