‘Stonking result’: big bank basks in best day for years
Shares in Australia's biggest bank have soared to a three-month high after it beat earnings expectations with "a really clean set of numbers".
Shares in Australia's biggest bank have soared to a three-month high after it beat earnings expectations with "a really clean set of numbers".
AMP shares have plummeted amid questions from analysts about why shareholders should watch their money being "torched" to fund the company's new digital bank.
News Corp, which owns news media, publishing and multiple data and information assets, has set guardrails against AI theft as it looks to a strong second half.
Realestate.com.au owner REA group has grown its first half revenue and profit, despite a six per cent fall in its digital property listings.
Fresh data will reveal whether the strong momentum in private spending, which spurred the Reserve Bank to lift interest rates, has continued into 2026.
A global oversupply of grain continues to weigh on the earnings of one of Australia's biggest handlers, as growers opt to keep their product on-farm.
Fund managers are expecting more dramatic swings this reporting season, with mining companies likely to do particularly well given the boom in commodities.
Global supply constraints and trade tussles are benefiting Australia's largest rare earths miner, helping nearly double the commodities group's price in a year.
Ford is backing away from plans to manufacture large electric vehicles, citing lacklustre demand.
Chip giant Nvidia beat Wall Street's expectations for revenue and upcoming sales, easing fears about AI spending that have jolted the US stock market recently.
Australia's biggest company has posted its financial results for the quarter, but despite improving on most metrics, it still looks too dear to most investors.
A string of "distractions" are the reason why Woolworths failed to deliver for shareholders, the company's leaders say.
Supermarket giant Coles continues to take market share from key rival Woolworths, posting stronger quarterly sales growth than its bigger competitor.
Retail crime is worsening with a drastic number of Bunnings and Kmart workers threatened with violence every month, parent company Wesfarmers says.
Overpriced mortgage products at its state-specific subsidiaries have contributed to Westpac losing market share, despite solid growth in customer deposits.
Billionaire businessman Solomon Lew has made sensational allegations against the fired CEO of his back-to-school chain Smiggle, who is now the boss of Lovisa.
Myer shareholders won't see a final dividend after its full-year profit took a 30 per cent hit, driven by costly issues with a robotic warehouse.
Uncertainty continues to swirl around Star Entertainment Group's future after the struggling casino operator posted another significant full-year loss.
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One of Australia's biggest mining companies says it will continue to pursue green iron and renewable energy projects as iron ore revenues dip.
Shoppers are switching supermarket brands with Woolworths losing sales to arch-rival Coles as the giant chains post contrasting financial results.
A major Australian coal producer has reported better-than-expected production from its new mines, but price pressures cut into its full-year result.
Dan Murphy's and BWS owner Endeavour Group blames subdued sales on cost-of-living pressures as its high-profile new CEO prepares to take over.
Pharmaceutical giant CSL has announced a major shake-up for its vaccination arm and for jobs as the company aims to cut costs.
BHP has delivered record production across several metal groups, but sluggish commodity prices and one state's royalty regime have chiselled away at earnings.
Profits are up for Australia's largest energy company despite challenges from the price of coal, energy tariffs and power plant uncertainty.
Glencore says it will keep its primary listing in London, shelving a possible move to New York.
One of the world's biggest iron ore miners has posted its weakest first-half profit in years as lower global demand continues to drag on the commodity's price.
Star Entertainment Group shares have fallen to a three-week low as the casino company said it anticipates receiving a last-minute bailout offer.
Australia Post is enjoying kudos after an improved financial result but faces a reform marathon focused on letter deliveries en route to long-term viability.
Domino's Pizza's Australian boss has promised improved profitability after the fast food chain shuttered hundreds of under-performing stores across its network.
After reporting a doubling in profit, the boss of Australia's biggest oil and gas company says she is disappointed at delays in gaining government approvals.