ANZ bracing for uplift in household stress
ANZ CEO Shayne Elliott has told shareholders cost-of-living pressures are starting to have a meaningful impact on household finances.
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CBA Q3 profit steady amid margin pressure
Australia's biggest lender says volume growth has been offset by margin pressure in a competitive market.
Cost cuts limit Westpac H1 profit drop
Competition and higher provisions have weighed on Westpac's first half results, with cash profit declining 12 per cent to $3.1 billion.
ANZ lifts H1 profit, eyes improved margins
The nation's third-largest bank has reported a lift in first-half profit after tightly managing costs and improving home loan processing times.
Coles says supply chain issues ‘enormous’
Coles chief executive Steven Cain says the unprecedented supply chain issues the supermarket is facing will take a couple of years to resolve.
Qantas widens loss but outlook improving
Qantas' first-half loss has climbed as travel demand slumped amid COVID-19 Delta lockdowns and the subsequent spread of the Omicron variant.
Crown hopeful it has turned the corner
Crown has delivered another first-half loss and will not pay an interim dividend but is becoming more confident it has "turned the corner".
Fortescue gains workers, H1 profit down
Fortescue Metals has gained better access to workers under relaxed quarantine rules as it tries to keep its $4.6 billion Iron Bridge project on track.