Markets

The owner of brands including NRMA and CGU says net profit surged 91 per cent to $778 million in the first half, with its pre-tax insurance earnings racing 56 per cent higher.

Origin Energy boss Frank Calabria says the national energy grid rules need to be rewritten to keep power reliable as more renewable projects come online.

BHP has tapped former NAB chief executive Ross McEwan to be its new chair as Ken MacKenzie steps down from the role after eight years.

Brisbane-based insurer Suncorp is rewarding shareholders after posting a $1.1 billion half-year profit, thanks to a relatively quiet start to the disaster season and the sale of its banking business.

A lending measure disclosed along with the bank’s $5.14 billion interim profit on Wednesday suggests the number of stressed home loans in WA has significantly improved over the past year.

Gold miners are basking in the glow of yet another record price high for the precious metal — even as it comes off levels that pushed it close to the $US3000-an-ounce mark.

Seven West Media chief Jeff Howard has touted national digital publication The Nightly’s ‘fantastic’ success amid an accelerating digital transformation that has powered audience growth across SWM’s business.

Low immunisation rates in the US have dented first-half sales for CSL’s flu vaccine business, but the biotech giant says it’s on track to deliver double-digit earnings growth this year.

Disciplined spending has propelled SGH to another record half-year result as its chief executive predicts there could be more blue sky ahead. 

Australia has been dumped in the thick of Donald Trump’s trade war and the economic ramifications could be dire. 

The board of WiseTech Global has confirmed it is investigating two new complaints lodged against founder and former chief executive Richard White.

An Australian-founded cosmetics business looking to break the US market with the help of internet darling Campbell ‘Pookie’ Puckett has been snapped up by a pharmaceuticals billionaire.

New Domino’s Pizza chief executive Mark van Dyck will swing the axe on 205 loss-making stores, the majority in Japan, in a bid to improve profitability.

International ratings agency S&P Global has tallied up the impact of President Donald Trump’s tariff policies and the news is not great for the world’s economies.

Tariffs only buy a country time so its companies can make the necessary changes to compete without walls. Trump’s strategy may actually be turning the US into China’s chump.