Coles rejects bid to help avoid ancient fish extinction
Coles shareholders have been told the supermarket giant won't support their efforts to protect an ancient, imperilled species from the effects of fish farming.
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Budget bliss as Kmart brand helps bag Wesfarmers profit
Australian conglomerate company Wesfarmers has lifted its profit by 3.7 per cent on the previous year as consumers snapped up affordable products at Kmart.
Santos drilling for gas demand well into the future
Oil giant Santos is juggling capital-intensive projects, including the hotly contested Narrabri field in NSW, as rising costs and lower LNG prices hit profits.
Blocked goldminer ‘shattered’ by rising sovereign risk
Regis Resources will fight a federal block on a $1 billion gold project it says has cost almost 1000 jobs and sours Australia's reputation as a place to invest.
Japan’s steel giants dig deep for Australian coal
Production at one of Australia's biggest coal mines could be extended beyond 50 years under joint venture deals, with the buyers warned to brace for backlash.
Aussie lithium leader digs in as price slump deepens
The world's largest hard-rock lithium producer outside China is preparing to ride out the latest price slump and remains positive about long-term prospects.
BHP’s climate transition ‘more than window dressing’
Resources giant BHP has defended the carbon footprint of its mining operations even as demand for traditional commodities and future-facing products expands.
It’s bad news for Nine as profits plunge amid cost cuts
The fractured advertising market continues to hit media revenues with Nine Entertainment full-year profits falling almost a third to $134.9 million.
Fortescue ‘doubling down’ on green iron despite leaks
Mining giant Fortescue pledges to create a green metals industry grounded in Australian ore and renewable energy, after pulling back on championing hydrogen.
Gas pipes supply solid cash flow in energy transition
Gas pipeline operator APA has posted a stronger full-year profit amid an expansion and urges more domestic gas production to support an end to coal-fired power.
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.
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.
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.
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.
Broadband speed boosts slow NBN Co’s path to profit
More copper connections have been replaced with faster fibre over the past year, NBN Co has revealed, but the broadband boost proved expensive.
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.
Transition ‘well under way’ as AGL rejects nuclear push
Energy giant AGL has posted a stellar profit on higher power prices, taking the lead in the transition and dismissing nuclear as too costly and too late.
Property market picking up in smaller capital cities
REA Group's CEO says property listings in Melbourne and Sydney might marginally decline in 2024/25, but Brisbane, Adelaide and Perth are showing growth.
News Corp flags potential Foxtel buyer, rise in revenue
Foxtel could change hands with owner News Corp revealing a potential suitor for the pay-TV operator along with a rise in revenue for the American conglomerate.
Property giant Mirvac warns of ‘challenging’ conditions
Mirvac is investing in build-to-rent apartments and industrial sites as it slashes the value of high-rise offices and warns of ongoing challenging conditions.
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nuclear power
Rio Tinto ‘open’ to nuclear energy, profit flatlines
Rio Tinto says it wants to find better ways to provide the materials the world needs but warns decarbonisation has "a long way to go".
‘Gutted like a fish’: Forrest on Fortescue job losses
Andrew Forrest says the Fortescue Group will continue to pursue its green hydrogen plan despite slashing 700 jobs in a bid to cut costs.
Graincorp half-year profit falls 75pc to $50 million
Graincrop has had a "resilient" six months given falling grain prices and poor growing conditions in the northern half of eastern Australia.
Industry rebuffs calls to slash fossil fuel subsidies
Fossil fuel subsides are increasing and undermining Australia's climate efforts, a think tank says, but energy producers insist they're paying plenty of tax.
Refineries pumped on high-value, ultra-low sulphur fuel
Upgrades are on track for producing ultra-low sulphur fuel suitable for the latest European and American cars, an Australian refiner says.
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electricity production and distribution
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indigenous people
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Rio Tinto faces ‘biggest test’ since Juukan Gorge
Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.
Rivals offer parachute for Bonza staff after collapse
Australia's major airlines have thrown Bonza workers a lifeline after their employer collapsed into voluntary administration.
Origin Energy LNG revenue soars, Eraring’s future open
Origin Energy's revenue from liquefied natural gas on higher volumes and prices surged in the March quarter, as talks continue over keeping Eraring burning.
Coles credits Pokemon with lifting supermarket sales
Coles has recorded a 5.1 per cent rise in supermarket sales over the past three months, a boost it attributed in part to a popular collectibles campaign.
Bonza calls in administrators as passengers hit hotline
Budget airline Bonza has entered voluntary administration after flights were suspended and the Australian government created a hotline for customers.
Tabcorp CEO resigns after alleged offensive comment
Tabcorp chief Adam Rytenskild says he doesn't remember making the alleged comment but is stepping down immediately.