Business
Companies
JB Hi-Fi posts record sales on back of online boom
Online sales at the electronic retailer have jumped by 52.8 per cent as consumers continue their tech buying sprees.
- by Emma Koehn
Latest
BHP braces for rising costs, labour crunch in ‘volatile’ year ahead
Australia’s biggest miner has reported a slump in iron ore shipments in the past quarter as new waves of COVID-19 infections hit its workforce and add to labour shortages across its operations.
- by Nick Toscano and Lachlan Abbott
Whitehaven flags record $3 billion profit as coal prices surge
Australian coal miner Whitehaven has flagged record profits as Russia’s invasion of Ukraine drives coal prices higher, despite climate change concerns threatening the fossil fuel’s long-term viability.
- by Lachlan Abbott
Nuix’s latest horror outlook revealed to sharemarket
The Australian tech company keeps finding new ways to disappoint investors.
- by Noel Towell and Kishor Napier-Raman
Qantas rearranges some London Heathrow departures amid passenger caps
The Australian airline has been forced to revise its flight plans as Britain’s busiest airport looks to limit queues, baggage delays and cancellations through September.
- by Jamie Freed
Ladbrokes owner launches live racing channels in media push
British wagering giant Entain, the owner of Neds and Ladbrokes, is moving into live racing content.
- by Zoe Samios
Australians spent $8 billion on streaming and gaming in 2021: PwC
More than 75 per cent of households paid for at least one streaming service last year, a figure that is expected to increase to 80 per cent by the end of this year.Â
- by Zoe Samios
‘Looking at opportunities everywhere’: Rio Tinto on the hunt for more lithium assets
Rio Tinto is hunting for opportunities to grow its exposure to the electric-battery material lithium and is weighing an earlier start-up of a mine in Argentina.
- by Nick Toscano
Quick Q: Andy Marinos’ love of sport, family and Andrea Bocelli
From player to chief executive: What drives and inspires Rugby Australia’s Andy Marinos.
- by Georgina Robinson
The Mill snapped up for $60m as pub sales hit new levels
The sprawling Mill Hotel in Sydney’s west has been snapped up by third-generation pub owners the Marlow Group for $60 million, as sales in the pub sector hit new levels from the rising demand for the assets.
- by Carolyn Cummins
Pedigree London & Lancashire building hits the market
A scarcity of stock and low transaction volumes are propping up Melbourne’s commercial real estate as the city stares down stalling occupancy levels in key office buildings that once would have led to falling values.
- by Nicole Lindsay