Qantas posts $1.9 billion loss but revenue up
Qantas has posted a full-year underlying pre-tax loss of $1.86 billion after border closures and travel uncertainty as the COVID-19 pandemic weighed on earnings.
Economy, Business and Finance
Virgin Australia to add more Boeing 737 MAX 8s
Virgin Australia is adding four Boeing 737 MAX 8 aircraft to its fleet, taking its number of Boeing 737s to 92.
ASX falls 1.2pct to near three-week low
The local share market has suffered its worst loss in seven weeks as traders suddenly turn skittish ahead of a major conference of central bankers from around the world.
Wages grow 2.6 per cent in June quarter: ABS
Workers saw a 2.6 per cent boost to their pay packets in the year to June but the increase is unlikely to do much to alleviate the soaring cost of living.
Gamers join Aust-made Cult of the Lamb
The Australian-made video game Cult of the Lamb has topped global gaming charts on the first weekend of its release.
Canberra Airport reopens after shooting
A man has been arrested after firing as many as five shots inside Canberra Airport, forcing passengers to evacuate and planes to be grounded.
Queensland business downcast amid strong earnings
Queensland businesses expect sales and revenue to grow, but they're less confident amid record operating and labour costs, a survey shows.
Farm safety focus as study reveals deaths
A study of unintentional farm deaths across Australia shows older men are more likely to have fatal accidents, with vehicles and machines the biggest risks.
Renewable energy project gets $160m boost
A landmark agreement to fast-track connection of Australia's largest wind farm precinct to the national electricity grid has been inked.
Most farmers optimistic about the future
An agribusiness report into intergenerational report has found more than three quarters of farmers are optimistic about the future of farming.
Mining magnate Rinehart to expand Queensland gas
Mining magnate Gina Rinehart is partnering with South Korean steel giant POSCO to expand gas projects in Queensland in a move welcomed by local industry.
ASX gains 0.1pct but banks lose ground
The local share market has closed modestly higher despite weakness in the financial sector and losses by the big three iron ore giants
Mammoth warehouse delivers goods faster
A robotics centre in western Sydney is helping small and medium sized businesses deliver faster to their customers.
CBA profit jumps to nearly $10 billion
Australia's biggest lender has lifted its annual profit by 11 per cent and declared a final dividend of $2.10 a share.
RBA outlook could line up with Treasury
The central bank will release its quarterly Statement on Monetary policy, setting out new forecasts for the economy, labour market, wages and inflation.
CBA first big bank to follow RBA rise
Commonwealth Bank of Australia has lifted its variable home loan rates in line with this week's interest rate hike by the central bank.
Govt to work close with gas companies: PM
The prime minister says he wants to ensure gas supply in the domestic market following an extension of the trigger mechanism.
Composers and game makers hit high score
Australia's video games development sector is worth hundreds of millions of dollars, including work by developers and music composers.
Owner-occupiers make loan switch: ABS
Owner-occupiers are trying to get better mortgage deals as interest rates rise, Australian Bureau of Statistics data released on Tuesday shows.
Sydney, Melbourne lead house price plunge
Five in eight capital cities have experienced declines in housing values in July as national prices mark the third consecutive month in the red.
Gas shortage predicted amid dwindling coal
The Australian Competition and Consumer Commission has forecast a gas shortfall in the east coast market next year if excess supply is exported.
Truckers rally in Canberra in reform push
Hundreds of trucks have rolled into the nation's capital in a call for improved safety for drivers and industry reform after dozens of deaths in recent months.
Company-owned Qld town worried over future
There is a push to make Weipa, one of Australia's few remaining privately owned towns, a regular local government.
Price hikes drive record energy switch
More Australians opted to switch energy providers in June than ever before as soaring power price rises take a toll on household bills.
Meteor showers triple treat for stargazers
Three meteor showers will light up the Australian night sky with the moon's phase to assist stargazers in catching a glimpse of the astronomic spectacle.
Households warned food costs still rising
Australian Food and Grocery Council CEO Tanya Barden has urged the federal government to focus on supporting people with low incomes in the months ahead.
Two tradies wooed by $2m Qld govt program
The Queensland government has spent $1.9 million on an incentive program to woo interstate tradespeople, of which only two people have taken part.
Retail sales momentum slowed in June
Retail turnover rose 0.2 per cent in June, its sixth straight monthly rise but the smallest increase so far this year.
Train strike on day of Games marathon
A UK-wide train strike is planned for Saturday, coinciding with the Commonwealth Games marathon to be run through the streets of Birmingham.
Climate for ‘great reallocation’: Deloitte
Without a 'great reallocation' of investment by governments and industry, starting now, Australia could be at risk of hefty economic losses by 2050.
House prices drop, while units hold value
Domain says house prices in Australia's capital cities fell 0.9 per cent in the June quarter, while apartment prices were basically flat.