Business

Home furnishings chain Adairs says it is on track to deliver record sales in the 2025 financial year, but heavy discounting to achieve this has dented margins.

Following a deadly crash that killed 241 people, Air India has been forced to take multiple key airline officials off the roster, as a peak investigative body found it was in serious breach of regulations.

If you’re hoping to draw a line under your working life soon but have yet to run the numbers on how much money you’re likely to splash about each year in retirement, rest easy. We’ve got the numbers you need.

Metcash boss Doug Jones says cost-conscious shoppers are increasingly choosing their local liquor stores over big-box retailers as the product offerings improve and the price gap narrows.

Retail giant JB Hi-Fi has agreed to pay a $13.5 million fine to settle allegations that certain store promotions at The Good Guys were misleading and deceptive.

If Iran moves to blockade the Strait of Hormuz, prices could spike, but analysts see that scenario as unlikely for now

THE ECONOMIST: Far from being passive observers, corporations are some of the market’s most effective arbitrageurs.

Ahead of delivering his third budget, NSW Treasurer Daniel Mookhey says changes are required to ensure the state can ‘hold on to what we love’.

AARON PATRICK: The treasurer can prove his critics wrong and use a meeting of experts to make some tough-but-worthy decisions, rather than just raising taxes.

JACKSON HEWETT: Treasurer Jim Chalmers doesn’t want to rule anything in or out, apart from inheritance tax, the tax free family home and presumably the, GST, so what would transform the country?

Anyone who doubts the world’s ongoing dependence on fossil fuel should think about the logic of a takeover bid for Santos.

Former Coalition senator Simon Birmingham has been named as the new chief of the Australian Banking Association.

The reduced $619.2m profit was shared by the firm’s 628 owner-partners, who pocketed an average $767,000 but are liable for the tax due on the income.

THE ECONOMIST: The Facebook owner is throwing throwing ‘insane amounts of money at people’ to achieve his Artificial Intelligence ambitions.

A major bank has been fined for breaches of Australia’s economy-wide data-sharing scheme that let down Australian consumers.