Business

Qantas has reported statutory net profit for 2025-26 of $1.29 billion, down almost 20 per cent, and an underlying result of $2.06b, down 13.8 per cent.
Business
Rebecca Le May

Qantas sees jet fuel prices staying high as buyback canned

The airline has cancelled a planned $150 million share buyback after taking a massive hit from the Middle East conflict, which propelled jet fuel prices to record highs and trimmed its full-year profit.

Updated
Read more (3 min) →

Companies

View all
Video
Wesfarmers and SQM's Mt Holland lithium venture.

Wesfarmers green lights $1.4b WA lithium expansion

Business
1 Min Read
The supermarket giant is hiking the price of a household staple as its suppliers face ongoing fuel-related supply chain and operational cost pressures.

Coles to charge more for item bought by almost every shopper

Companies
1 Min Read
NAB is the latest bank to confirm it is joining the cull, after ANZ revealed it was slashing 3500 jobs and 1000 contractors.

NAB and ANZ job cuts are just the start of killing season

Companies
3 Min Read
Consumers are being urged to shop around for the best grocery deals, though Australia’s third-largest supermarket offers the greatest overall value.

Cheapest supermarket and average shop totals revealed

Australia
2 Min Read

Markets

View all
WA Minister Stephen Dawson has told a global oil and gas conference the state can help address the world’s ‘crazy challenges’.
exclusive

WA can help solve world’s ‘crazy’ problems, Minister says

Europe
4 Min Read
Mineral Resources managing director Chris Ellison.

Ellison to reap $24m as MinRes swings to a huge profit

Mining
1 Min Read
DUG Technology managing director Matt Lamont.

ASX RECAP: Everything you missed from reporting season today

Markets
Alliance, Qantas, Virgin and Skippers Fokker 100s at Perth Airport.

ASX RECAP: FIFO flight operator seeks $40m for ‘reset’

Markets

Wealth

View all
The strong annual result concealed a sudden fall and recovery late in the financial year.

Is your super fund among this year’s best-performers list?

Business
3 Min Read
Video
Housing prices falling in Melbourne and Sydney The Nightly

Australian homeowners brace for pain as prices set to plunge

Australia
6 Min Read
What are the medical reasons that would allow you to access superannuation early? How do you do it? And is it worth the tax whack you’ll cop?

Is your dodgy knee worth the tax hit to access super early?

Wealth
3 Min Read
Video
Financial expert Rachel Cole has cautioned against panic selling investment properties as housing tax changes loom.

With property tax changes looming, is now the time to sell?

Property
2 Min Read

Mining

View all
Mineral Resources managing director Chris Ellison.

Ellison to reap $24m as MinRes swings to a huge profit

Mining
1 Min Read
Video
Fortescue is also facing a class action lawsuit centred on sexual harassment at the company’s Pilbara iron ore mines.

Fortescue stands down exec embroiled in harassment probe

Mining
2 Min Read
Outgoing Northern Star CEO Stuart Tonkin

Gold mining boss’ whopping severance pay revealed

Business
3 Min Read
BHP’s Olympic Dam copper mine in South Australia.
updated

BHP ready for copper boom as red metal proves king

Mining
3 Min Read

Energy

View all
Video
Chief executive Liz Westcott dropped the bombshell as Woodside delivered its first half results on Tuesday.

Woodside dumps billions from clean energy spending target

Business
4 Min Read
International Energy Agency excecutive director Fatih Birol says coal will be boosted as a result of the geopolitical turbulence disrupting energy markets. 

Coal set for boost as geopolitical chaos rewrites energy map

Business
4 Min Read
Video
Santos boss Kevin Gallagher has been the sector’s most vocal critic of the Albanese Government’s gas reservation plans.

No major Santos project decisions for years after PNG FID

Energy
2 Min Read
Video
The war on Iran is hitting US partners Australia and New Zealand among those racking up billions of dollars in higher fuel import costs after prices spiked with the closure of the Strait of Hormuz.

Australia bleeds billions as Iran war sparks oil crisis

The Washington Post
3 Min Read