Business
Market movers
CBA boss says rates to stay on hold after another profit drop
The country’s biggest bank has reported its net profit slid by 3 per cent as CEO Matt Comyn said the strong immigration rate was helping the Australian economy remain resilient.
- by Millie Muroi
Updated
World markets
ASX breaks five-day win streak as big banks slide
- by Jessica Yun and Sumeyya Ilanbey
Opinion
Mergers & acquisitions
‘A joke’: The $2.2b deal with no detail that has left investors fuming
- by Elizabeth Knight
Currency
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Companies
Westfield owner beefs up security after Bondi Junction attack
Scentre Group has increased its security and is working with local police across its 42 Westfield shopping malls following the attack at its Bondi Junction centre.
- by Carolyn Cummins
AFR to cut print in WA after Seven’s ‘abuse of power’
The Australian Financial Review will no longer have a physical edition in Perth after Kerry Stokes’ Seven West Media doubled the cost of printing the newspaper.
- by Colin Kruger
Sponsored
Bulls N' Bears
Pan Asia sets sights on lithium brines at Chilean salt flats
- by Michael Philipps
Markets
Updated
World markets
ASX breaks five-day win streak as big banks slide
- by Jessica Yun and Sumeyya Ilanbey
Updated
World markets
Industrials and tech stocks lift ASX; Perpetual plunges 7 per cent
- by Millie Muroi
The economy
Opinion
Property market
Coalition’s super-for-housing policy would only help wealthier homebuyers
- by Brendan Coates and Joey Moloney
Opinion & Perspectives
CBA lowers the curtain on a profit season banks would rather forget
This season was not one that banks will be crowing about – all experienced a fall in profits and the themes were remarkably similar.
Elizabeth Knight
Business columnist
Apple’s tone-deaf iPad ad triggers our darkest AI fears
Apple has made its worst marketing faux pas since it forced everyone to listen to U2.
Dave Lee
It’s not easy being green for UK and European oil giants
The oil super majors are eyeing shifting their primary stock exchange listings to New York as a stronger push to reduce fossil fuels in their home markets weighs on their share prices.
Stephen Bartholomeusz
Senior business columnist
Banking & finance
Opinion
Big four
CBA lowers the curtain on a profit season banks would rather forget
- by Elizabeth Knight
Updated
Earnings season
ANZ boss warns of widening financial stress as profits slide 7 per cent
- by Millie Muroi
Opinion
Russia-Ukraine war
Western banks have no excuse for funding Putin’s war machine
- by Ben Marlow
Entrepreneurship
A force of nature with a wry smile: Lang Walker remembered
Billionaire and philanthropist Lang Walker was remembered as a transformative force in Australia’s urban landscape at a memorial service at Sydney Town Hall on Friday.
- by Colin Kruger and Carolyn Cummins
The iron men with a $3 billion plan to save the planet
Two former Fortescue executives want to reduce the enormous carbon footprint of iron ore, Australia’s most lucrative export industry. It’ll cost at least $3 billion.
- by Anne Hyland