Lovisa says it has moved quickly to cash in on the demise of major rival Claire’s to grab market share but its profit and earnings growth disappointed analysts, sending shares plummeting.
Wesfarmers boss Rob Scott says he expects the recent call by the Reserve Bank to hike interest rates and uncertainty over the prospects of higher-for-longer inflation will rattle consumer sentiment.
The Aussie jobs market has posted a solid start to 2026 with the unemployment rate steady at 4.1 per cent in January— a number that will not ease the RBA’s concerns about inflation.
Australia's latest jobless figures are likely to follow a trend for the year's start after economists were wrong-footed by a surprise fall in unemployment.
Alcoa has agreed to pay $55 million to restore a forest habitat that's home to protected species after clearing it for bauxite mining without approvals.
TOM RICHARDSON: Bank shares have surged in February as they impress investors with cost control and benefit from the flow through of three interest rate cuts in 2025.
Kevin Gallagher’s pay packet for the 2025 year was inflated by a multimillion-dollar payment of performance rights as the oil and gas producer also announced sweeping job cuts