SGH generated strong cash flow growth to start the 2026 financial year, giving the conglomerate renewed hunger for acquisitions and internal expansion opportunities.
Commonwealth Bank of Australia’s first-half profit topped estimates, buoyed by growth in its flagship mortgage business and a push in lending more to companies.
Australian beef is a hot commodity despite trade tussles with China and the United States, while domestic prices wane as farmers recover from floods and fires.
Australia’s economy is forecast to grow at the weakest sustained pace since the early 1990s recession following 17.5 per cent interest rates. Here’s why.
A damning report into the $50 billion National Disability Insurance Scheme has sounded the alarm on dodgy tactics by providers, including bogus claims of tax payer-funded overseas holidays.
Some of Australia’s leading stock pickers have focused on AI, data centre and computer chip as the best bets for investors to profit from the market’s current dip and create long-term wealth.
Penfolds owner Treasury Wine Estates will repurchase stock from a key US distributor as it settles a dispute that stemmed from Republic National Distributing Company closing operations in the California market.
The ASX-listed company, Australia’s biggest for-profit childcare operator with 400 centres, said the $350m impairment charge against goodwill reflected “challenging” trading conditions.
As Starbucks sells off most of its China business, local rival Luckin Coffee is expanding into higher-priced cold brews and other drinks. It’s also expanding its footprint in the US.