Cochlear crashes in latest earnings season carnage
Hearing device manufacturer Cochlear has suffered a 19 per cent sell-off after posting weaker-than-expected half-year earnings and trimming its guidance.
economy, business and finance
‘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".
Biotech giant’s shares dive after CEO’s shock departure
Shares in Australia's largest biopharmaceutical company have hit an eight-year low after the sudden retirement of its chief executive.
Shares in wealth manager plunge in earnings bloodbath
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.
Aussies ditch copper for fibre to boost download speeds
More Australians are upgrading their broadband connections, choosing faster plans and setting download records, NBN Co has revealed.
‘Watch this space’: Fortescue bullish on climate target
Battery-powered trains are part of Fortescue's plan to eliminate fossil fuels from its Pilbara iron ore operations as it aims to beat a decarbonisation target.
Bank business clients proving resilient, despite rates
One of the bright spots in Commonwealth Bank's interim results this week was its interactions with businesses, particularly in regional Australia.
Valentine’s warning as AI fuels ‘insidious’ love scams
Criminals are feeding Australians' social media information into AI to create targeted romance scams ahead of Valentine's Day.
‘I won’t walk away’: embattled Starmer to Westminster
A defiant UK Prime Minister Keir Starmer is digging in, telling colleagues he's "won every fight I've ever been in", amid calls for him to resign.
Japanese prime minister’s party secures supermajority
Japanese Prime Minister Sanae Takaichi's coalition has swept to victory, handing her a mandate to cut taxes and boost the economy through spending.
Signs of softening spending could stay RBA’s rates hand
A surprise slide in consumer spending has thrown more uncertainty around the Reserve Bank's next move on interest rates.
Debt group sees upside in higher credit card balances
Debt collection business Credit Corp, which also owns lender Wallet Wizard, expects its profit to grow by up to 17 per cent as cost-of-living pressures bite.
Tech companies campaign to bring SXSW back to Australia
Brisbane might have secured the Olympic Games but a grassroots campaign is asking the state government to consider adopting another big event.
Forecasters dial up rate bets as banks prepare to hike
With the RBA showing stronger resolve to rein in inflation, banks will more likely than not be lifting home loan rates again in a few months, economists say.
Carbon credits seeding next chapter of Tiwi forestry
Tiwi Islanders are confident they've landed on the right forestry formula, one that's community-led and financially and environmentally sustainable.
Spain looking at Aussie ban on social media for kids
Spain is joining a growing number of countries, including Australia and France, which have taken or are considering restricting minors' access to social media.
China to buy more US soybeans, Trump says after Xi call
Chinese President Xi Jinping has had a phone call with US President Donald Trump, officials from both countries say.
Greens hold door open to capital gains tax reforms
Support from the Greens could hold the key to opening the door to capital gains tax changes as the government ponders reforms the opposition says it won't back.
Domestic producer worried about gas reservation policy
Australian oil and gas exploration and production company Beach Energy is concerned about the impact of a looming east coast gas reservation policy.
Glencore, Rio abandon merger talks for the third time
British-Australian mining giant Rio Tinto says it has abandoned talks over a potential merger deal with rival Glencore.
AI war against ‘one cent’ family violence perpetrators
The use of artificial intelligence can be challenging for many Australians, but one major business has found ways to bring good out of the groundbreaking tech.
Property website’s listings fall, shares tumble
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.
Japan’s PM on track for vote blizzard in winter poll
Japanese voters have cast their ballots in an election expected to hand the nation's first female leader, Prime Minister Sanae Takaichi, a resounding win.
Borrowed time: rate hike unlikely to be one-and-done
Mortgage holders could face back-to-back rate hikes after the Reserve Bank raised interest rates amid rising inflation pressures.
Founder of scandal-hit travel firm gone, shares stuck
Corporate Travel Management founder Jamie Pherous is retiring "in the best interests of the company", making room for a new CEO as its shares remain untraded.
‘Mother of all deals’: India, EU seal trade agreement
After nearly two decades of on-off negotiations, a trade deal between India and the European Union has been sealed, according to Prime Minister Narendra Modi.
China threatens trade bans over vow to take back port
China could hit Australia with another round of economic sanctions if the Albanese government goes ahead with a plan to wrest back control of a key port.
Row over government role fuelling inflation, rate rise
Spending blow-outs by the government will force the Reserve Bank to hike rates, critics say, but the treasurer argues the private sector is driving inflation.
Trump nominates Warsh to run US central bank
US President Donald Trump says he is nominating former Federal Reserve governor Kevin Warsh as the central bank's next chair.
Supply shortage underpins shaky growth in home values
Home price growth picked up in January, but results were mixed across the capital cities, with one jurisdiction leading the way on rental affordability.
Magic number that could decide an interest rate hike
Traders now tip a greater-than-50 per cent chance of an interest rate hike in February, but some pundits are holding out hope for a Reserve Bank reprieve.