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.
company information
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.
company information
economy, business and finance
energy and resource
environmental cleanup
metal and mineral
mining
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.
company information
economy, business and finance
electricity production and distribution
energy and resource
environmental issue
indigenous people
metal and mineral
mining
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.
Myer names ex-Qantas exec Olivia Wirth as its next CEO
The former chief executive of Qantas Loyalty will become the next Myer chief executive when current CEO John King retires in June.
Falling letters, shop traffic weighs down Aust Post
Australia Post may have to shrink its retail network as falling foot traffic and low letter activity threatens the service's financial viability.
Sales, dividend down as retail slump hits Harvey Norman
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.
breaking_news
company information
economy, business and finance
energy
energy and resource
environmental issue
natural gas
Woodside under the pump on climate risk as profit falls
Critics say Woodside Energy's carbon reduction plans are "meaningless" as the oil and gas giant expands to meet decades of demand expected for Australian LNG.
Coles CEO defends making profit, says competition tough
Coles Group chief executive Leah Weckert says the supermarket chain earns less than $3 for every $100 spent in its stores, and its profit has dropped.
company information
economy, business and finance
energy
energy and resource
environmental issue
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
Gas giant Santos accused of eroding shareholder value
Gas giant Santos has been accused of eroding shareholder value with a record dividend and no update on the future after Woodside merger talks were terminated.
company information
economy, business and finance
energy and resource
environmental issue
metal and mineral
mining
politics
Aussie aluminium next on chopping block, Rio warns
Iron ore and copper giant Rio Tinto has reported a fall in profit on lower commodity prices and warns the future of aluminium depends on the energy rollout.
Iron ore strength bankrolls emission-busting Fortescue
High prices and loyal Chinese demand for Fortescue Group's iron ore has delivered a stellar profit and cash pile to bankroll ambitious emission-busting plans.
Woolies CEO quits as pressure and grocery prices rise
Woolworths chief executive Brad Banducci will resign by September after facing increased scrutiny over the pricing and a lack of supermarket competition.
coal
company information
economy, business and finance
energy and resource
metal and mineral
mining
politics
BHP issues ‘call to arms’ for competitive mining future
Resources giant BHP says governments need to work harder to make sure Australia is in the race as global competition heats up for iron ore and battery minerals.
Drivers on struggle street fuel Ampol’s ‘mega profit’
Refinery operator and service station chain Ampol has been accused of delaying pump price relief for consumers already stung by a cost of living crisis.
company information
construction and property
economy, business and finance
energy and resource
environmental issue
housing and urban planning
metal and mineral
Aussie economy ‘OK’ despite weaker housing: BlueScope
BlueScope Steel expects local housing starts to recover and strong demand in the United States for infrastructure, including steel-intensive renewable energy.
company information
economy, business and finance
electricity production and distribution
energy and resource
environmental issue
natural gas
Chaos events make gas more crucial, Origin Energy says
Big batteries and fast-start gas plants will keep the lights on across Australia and help to stabilise highly volatile power costs, Origin Energy says.
AGL Energy back in the black, but sights set on green
AGL Energy insists there is a "very, very competitive" market after bouncing back into profit and reserving billions of dollars to replace coal-fired power.
Fortescue hit with first strike, unveils green spend
Fortescue Metals Group has received a "first strike" on executive pay as the iron ore miner unveiled plans to splash $1.1 billion on green hydrogen.
ASX soon to get its first erectile dysfunction company
Brisbane-based LTR Pharma hopes investors will be standing to attention as it launches a $7 million IPO to fund a nasal spray that works quicker than Viagra.
ANZ joins this banking season’s $7b earnings club
Environmental groups are calling out ANZ's climate commitments while analysts said $7.4 billion in profit was a slight miss to consensus estimates.
Star CEO says no ‘quick fix’ to regain lost trust
Star Entertainment Group has avoided a possible board spill at its annual general meeting as its new CEO has described working 18-hour days on its turnaround.