Business

Stick with us throughout the day as we bring you all the latest news from reporting season.
Markets
Daniel Newell

ASX RECAP: CBA’s $11b profit haul, loan applications drop

Union lashes CBA’s massive profit haul

For what it’s worth ...

Milder weather impacts profit for major energy retailer

CBA stems early loses on ASX

Stormy year causes big insurer’s profit to nosedive

Updated
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Companies

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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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Telstra chief executive Vicki Brady front a Senate inquiry at Parliament House in Canberra.

Telstra CEO’s pay docked $607,000 over outage

Business
2 Min Read
Video
Mortgage demand is falling across Australia’s big four banks, with ANZ revealing the value of home loan applications has dropped 12 per cent since the May Budget.

ANZ retreats from mortgages as home loan demand falls 12pc

Business
3 Min Read
A fall in home prices is making financial conditions in Australia more restrictive, says the RBA.

ASX RECAP: Everything you missed from reporting season today

Markets
Peter Alexander entered the UK market in late 2024, with two stores in London and one in Kent.

Lew’s Peter Alexander calls it quits on UK pyjama party

Business
2 Min Read

Wealth

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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

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Joe Hockey says Jim Chalmers’ May Budget was ‘the worst in history’.

CGT changes ‘stupid’ and will hurt AI investment: Hockey

Business
3 Min Read
The Iron Bridge magnetite project has been plagued with issues even before it started production.

Fortescue flags $1.1b writedown over troubled Iron Bridge

Mining
2 Min Read
A MinRes truck on the upgraded Onslow Iron haul road.

MinRes breaks records and grows a pile of cash

Business
1 Min Read
Video
Wesfarmers and SQM's Mt Holland lithium venture.

Wesfarmers green lights $1.4b WA lithium expansion

Business
1 Min Read

Energy

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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
Video
The Hon. Chris Bowen MP, Minister for Climate Change and Energy, speaks at the National Press Club.

‘It’s on me’: Bowen won’t shy from energy responsibility

Politics
5 Min Read
Video
Perdaman founding chairman Vikas Rambal, Prime Minister Anthony Albanese, Premier Roger Cook and Federal Resources Minister Madeleine King in Karratha.
opinion

We need to hit the gas on building new Aussie oil refinery

Opinion
3 Min Read
Woodside has narrowed its production guidance for the full year to between 174mmboe and 185mmboe.

Oil market turmoil pumps up revenue for Woodside

Business
2 Min Read