Business

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AMP economist My Bui said the weak profitability reflected cost pressures that companies faced.
Business
Cheyanne Enciso

Business conditions hit six-year low as profits take a hit

Australian business conditions have slumped to a six-year low in August as cost pressures hit profitability and firms fret over ongoing global uncertainty and volatility in oil prices.

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Companies

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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

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Oil prices have hit a more than six-week high after touching $US100.19 a barrel. (Mick Tsikas/AAP PHOTOS)

Oil rises above $US100 a barrel for first time since July

Business
2 Min Read
Austal shipbuilding in the US.

Austal confirms higher US counter takeover offer

Business
2 Min Read
Ryan Stokes has become chair of Southern Cross Media.

Ryan Stokes takes reins as Southern Cross Media chair

Business
3 Min Read
Video
Nvidia's CEO Jensen Huang

Nvidia buys AI platform Hugging Face for $18 billion

Business
2 Min Read

Wealth

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Video
Australians are promised $1.6 billion in surcharge savings but rewards cardholders with the big four bank face higher rates, fewer perks and weaker insurance. Here’s everything you’re about to lose ...

Big banks gut credit card perks. Here’s what you’ll lose ...

Wealth
3 Min Read
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

Mining

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Mineral Resources managing director Chris Ellison.

Ellison to reap $17m 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

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Inpex's Ichthys LNG offshore facilities

Labor backtracks on fixed gas reservation demand

Business
1 Min Read
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