Companies

Woolworths expects customers to remain cautious amid cost-of-living pressures even as inflation moderates and prices decline, with shoppers giving its discount department store the cold shoulder.

Woolworths boss Brad Banducci has stepped down in the wake of a train wreck television interview during which he attempted to walk out. 

CBA chief Matt Comyn says risks are mounting in the economy after profit at the country’s largest lender topped expectations even as it continues to battle strong competition in the mortgage market. 

AFL great Chris Judd is set to have his wings clipped to the tune of hundreds of thousands of dollars after a WA-based miner went belly up.

Chief executive James Warburton expects new TV audience metrics will deliver fresh opportunity to significantly grow digital earnings as it remains the nation’s top network in audience and revenue share.

The gas producer’s new chief executive Brett Woods wants to cut costs while promising to examine any opportunity to add value.

About 300 million tonnes of the steel-making commodity are moved on the rail lines each year — a key supply link for a division.

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.

Woodside has ended discussions with Santos on a potential merger between Australia's top two oil and gas companies.

Department store Myer has contended with inflationary pressures and greater promotional activities by other retailers, which will impact first-half profits.

Netflix has topped Wall Street’s revenue expectations after it added millions of subscribers in the fourth quarter.

The Australian Professional Leagues - the governing body which runs the A-Leagues - has culled close to half of its staff as part of a major restructuring.

US alumina giant Alcoa says it will close a 60-year-old refinery south of Perth, where hundreds of workers are expected to lose their jobs.

Alcoa is preparing to announce that production will be curtailed at one of its three WA refineries as the top US aluminium producer begins to reckon with cost-cutting measures.

Temu, the fast-growing Chinese e-commerce platform selling super cheap products, is successfully taking on U.S. dollar stores including industry leaders.