Telstra hikes dividend, announces $750m share buy-back
Telstra says it made $1.1 billion in profit in the six months to December 31, up 7.1 per cent from the same period in 2023.
earnings
Santos cuts dividend, says Barossa project nearly done
Santos says its $5.7 billion offshore gas project north of Darwin that was disrupted by a court challenge from three Tiwi Islanders, is nearing completion.
BHP trims dividend to 8-year low amid weak China demand
BHP will pay shareholders an interim dividend of $A78 cents per share, down from $A1.13 per share a year ago, after a 23 per cent profit drop.
Comm Bank hikes dividend as shares hit all-time high
Australia's leading bank has delivered a $5.1 billion first-half cash net profit, in what analysts have called a "gravity-defying rally".
Witches, pop star’s memoir drive up News Corp revenue
News Corp shares have hit an all-time high after posting five per cent revenue and 20 per cent earnings growth in the second quarter.
KFC franchisee takes hit as costs eat into profit
KFC and Taco Bell franchisee Collins Foods says its underlying profit was down by nearly a quarter in the first half.
ANZ profit falls as mortgage wars hit big four banks
The ANZ bank has joined the rest of the big four in recording a fall in annual profit, as a result of ongoing mortgage competition and high inflation.
Westpac’s profit dips to $7b as mortgage stress eases
Westpac has posted an annual profit of $7 billion and lifted its final dividend, in Peter King's last financial result as chief executive.
Aussies willing to visit eight shops for groceries
The cost-of-living crunch is motivating more Aussies to shop around but it hasn't halted Coles sales growth, up 2.9 per cent in the first quarter.
Myer’s brand new plan as in-house labels collar profit
Department store Myer is reviewing its operations as tough retail conditions and underperforming in-house brands are blamed for profit dipping 26 per cent.
business (general)
business enterprises
casino and gambling
earnings
economy, business and finance
financial and business service
financially distressed company
Fight to save jobs as The Star’s casino empire teeters
Star Entertainment's financial woes have fuelled concerns for the future of thousands of casino jobs.
Star takes another hit as shares suspended from trading
Star Entertainment has suffered another blow with its shares temporarily suspended from trading after the casino operator failed to file its earnings report.
Woolies registers big profit discount, says prices down
Sales are up at Woolworths but writedowns on its New Zealand stores and drinks business have a taken a huge slice out of its $1.7 billion operating profit.
Woolies trims chicken deal but Inghams says it’s paltry
A rise in supermarket sales offset less consumers buying fast-food chicken but poultry giant Inghams has revealed its biggest customer has now cut its orders.
Queensland real estate market set to rebound: Domain
Domain CEO Jason Pellegrino says Queensland's property market has shown signs of accelerating after a poor showing in 2023/24.
company information
dividend announcement
earnings
economy, business and finance
finance (general)
telecommunication service
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.
coal
company information
consumers
dividend announcement
earnings
economy, business and finance
electricity production and distribution
energy
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
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.
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.
Shareholders still cash in as CBA profit slips to $9.5b
Commonwealth Bank's net profit after tax was down six per cent to $9.5 billion in 2023/24 but Australia's biggest bank is increasing its dividend.
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.
Star returns to profit, welcomes new Bell inquiry
Star Entertainment Group has posted a $9.1 million first-half profit, but revenue was down 15 per cent as it faced increased competition and weaker spending.
Resilient travel demand propels Flight Centre earnings
Australians' insatiable appetite for travel amid falling discretionary spending has helped Flight Centre to a solid sales lift in the first half of 2023/24.
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.
Lower fares blamed for Qantas’ descending profit
Qantas says fare cuts are behind a $183 million reduction in its first-half profit, as it unveils measures to enhance the on-board experience for passengers.
Scentre FY earnings improve, more growth ahead
Westfield owner Scentre Group has claimed better full-year earnings and says more growth is to come from three shopping centre redevelopments.
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.
Surging Kmart sales help Wesfarmers grow H1 profit
Kmart's value proposition resonated with shoppers in the first half of 2023/24, helping Wesfarmers lift its profit by three per cent to $1.43 billion.
Whitehaven H1 profit plunges after lower coal prices
Cheap Russian coal and the costs of an acquisition have hit Whitehaven Coal's first-half profit after the exporter reported a substantial fall.
Commonwealth Bank reports $5.02 billion H1 profit
Australia's biggest bank made $5 billion in profit in the first half, down three per cent from a year ago, but has raised its dividend.
Profits halve for Kerry Stokes’ Seven West Media
Net profits after tax have halved to $63 million for Kerry Stokes' media conglomerate, while revenue has dropped five per cent.
JB Hi-Fi beats expectations despite H1 profit fall
JB Hi-Fi shares rose five per cent in early trading after the consumer electronics retailer announced its net profit dropped 20 per cent in the first half.