Vicinity seals largest Aussie retail deal for 2024
Retail property group Vicinity Centres has acquired a 50 per cent stake in one of the biggest shopping centres on the west coast.
Economy, Business and Finance
economy, business and finance
electricity production and distribution
energy
energy and resource
heavy construction
heavy engineering
metal and mineral
mining
natural gas
Resources bellwether warns of clean energy constraints
Contracting group Monadelphous, a bellwether for energy and mining activity, says labour shortages continue and warns of barriers to decarbonisation.
Status quo ‘unacceptable’ on gambling adverts, PM says
Anthony Albanese is vowing to reform gambling ads but one disgruntled Labor backbencher says anything short of a complete gambling ad ban is 'disgusting'.
White knight rescues Booktopia, opens door to new life
Collapsed book e-retailer Booktopia has been rescued by a white knight digital business that will reopen the company.
company information
construction and property
economy, business and finance
electricity production and distribution
energy
environmental issue
iron and steel
metal and mineral
mining
BlueScope backs Port Kembla steelworkers amid downturn
A major steelmaker warns of tough conditions as it braces for rising electricity, gas and labour costs amid a stubbornly soft home building market.
Lendlease’s losses deepen after tough year in property
Lendlease has extended its bottom line losses to more than $1 billion after taking a hit in a tough market as charges related to its new strategy took a toll.
company information
diesel fuel
economy, business and finance
energy
oil and gas - downstream activities
petrol
retail
transport
Servo chain Ampol slashes dividend, fuel volumes fall
Energy company Ampol has slashed its interim dividend on lower fuel volumes, tanking its share price, but signalled a return to normal at its refinery.
Meeting minutes to show RBA dancing to its own beat
Markets will turn their attention to the Reserve Bank's latest board meeting minutes but they might be better off looking further afield for new insights.
What’s that name? Little-known EV brands race to market
Your next car might have a brand name you have never seen before as a host of Chinese automakers line up to launch electric vehicles in Australia.
Veteran host Larry Emdur wins the 2024 Gold Logie
The Gold Logie has gone to Larry Emdur, while Boy Swallows Universe has won a swag of awards, with Best Lead Actor going to 15-year-old Felix Cameron.
New posting for former Qld premier Palaszczuk
Annastacia Palaszczuk has been appointed to the Australia Post board as a non-executive director, eight months after her resignation as Queensland premier.
Australian shares rally for best week of the year
The ASX200 has gained 1.3 per cent on Friday to finish the week 2.5 per cent higher, its best weekly performance since December.
Queensland real estate market set to rebound: Domain
Domain CEO Jason Pellegrino says Queensland's property market has shown signs of accelerating after a poor showing in 2023/24.
business (general)
computing and information technology
economy (general)
internet
online
politics
politics (general)
research and development
science and technology
technology (general)
Amazon tests AI for audiobooks but new rules are coming
Amazon is testing AI-generated voices for audiobooks in the absence of guidance, its executives say, as government officials reveal AI rules are in the works.
banking
construction and property
consumers
economy, business and finance
housing and urban planning
interest rate
money and monetary policy
politics
real estate
unions
Building costs in the frame for ongoing housing crisis
The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.
company information
dividend announcement
earnings
economy, business and finance
finance (general)
telecommunication service
Telstra open to Foxtel Group sale, profit drops 12.8%
Telstra CEO Vicki Brady has cautioned that News Corp's decision making around selling Foxtel, of which the telco owns 35 per cent, was in its early stages.
coal
company information
consumers
dividend announcement
earnings
economy, business and finance
electricity production and distribution
energy
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
Origin Energy eyes gas imports, longer life for Eraring
Electricity and gas giant Origin Energy warns Australia will need to import gas to meet domestic demand and taxpayers may have to pay to burn coal for longer.
Airport scrutiny follows ‘inside job’ helicopter crash
Security of airports remains in focus after a "misappropriated" chopper crashed into a CBD hotel, with one aviation expert saying a review would be worthwhile.
Safety fears delay 3G closure, users urged to upgrade
Telstra and Optus have delayed the 3G closure to launch a massive public safety campaign, after fears phones, alarms and medical equipment could be cut off.
Profits plummet at Kerry Stokes’ Seven West Media
As Seven West Media contends with allegations of a toxic workplace culture at its television network, profits plunge 69 per cent to $45 million.
Shareholders still cash in as CBA profit slips to $9.5b
Commonwealth Bank's net profit after tax was down six per cent to $9.5 billion in 2023/24 but Australia's biggest bank is increasing its dividend.
auto trends
automotive equipment
consumer goods
energy (general)
environmental issue
environmental pollution
road transport
Popular utes score bad marks in real-world vehicle test
Some popular utes use more petrol and produce more pollution than lab tests promise, according to a motoring body, and could cost drivers more than expected.
consumer goods
consumer issue - macro economics
energy
energy (general)
energy and resource
energy resources
energy saving
house building
housing and urban planning
lifestyle (house and home)
Feeling the cold? Study shows newer homes are more cosy
Apartments and houses built in the last decade are more energy efficient and easier to cool or heat, a CSIRO study has revealed.
‘I couldn’t get away’: calls for total gambling ad ban
Constant exposure to advertising is changing Australians' relationship with sport and a former addict has called for a total ban on gambling ads.
Timber industry battles shift to man-made power poles
The timber industry has stepped up its fight against the phase out of wooden power poles in NSW - a move designed to make the network more fire resilient.
Wages, job data in focus for clues on economy, rates
New data on wage growth and demand for workers will be in focus this week, as borrowers await clues on when the central bank might cut interest rates.
Homes of endangered greater gliders face logging threat
A conservation group is urging the Queensland government to protect land with greater glider habitat after logging near a site where the species has been seen.
Pressure builds for gambling ad ban
As Australians continue to lose more to gambling than any other country in the world, pressure is mounting on both sides of politics to reform the sector.
air transport
business (general)
business enterprises
economy, business and finance
financially distressed company
Buyers hover as administrators plot course to save Rex
Embattled Rex has received significant interest from potential buyers, administrators say, as the regional carrier battles to stay in the air.
Racing boss hits out at ‘cheats’ in racecourse fight
Racing NSW CEO Peter V'landys has attacked "cheats and undesirables" seeking to undermine him amid a battle over the future of Sydney's Rosehill racecourse.
‘Distressing’ mental health facility claims spark probe
The Queensland government has launched an investigation after "distressing" allegations of abuse spanning decades at a former mental health facility.