Business

Trending stories

Latest stories

3m
Perth Now
How prices affect your mortgage rateWHAT does the price of poultry, petrol and postage stamps have to do with your
How prices affect your mortgage rate
Perth Now / Posted 3 minutes ago
WHAT does the price of poultry, petrol and postage stamps have to do with your mortgage interest rate? Plenty, and it’s more important than many people think. That’s because these goodies — along with alcohol, clothes, education and more — help make... Read more
3m
WA Today
Newcrest Mining profit slides, dividend drought continuesWeak copper and gold prices have driven Newcrest Mining profits 55 per cent low
Newcrest Mining profit slides, dividend drought continues
WA Today / Posted 3 minutes ago
Weak copper and gold prices have driven Newcrest Mining profits 55 per cent lower and ensured the company's dividend drought has extended to a third year. The miner posted a statutory profit of $US81 million ($114.1 million) for the six months to... Read more
3 related stories
3m
WA Today
Bounce, baby, bounceIn case you missed it, on Friday night Deutsche Bank, seeking to reverse an inv
Bounce, baby, bounce
WA Today / Posted 3 minutes ago
In case you missed it, on Friday night Deutsche Bank, seeking to reverse an investor stampede away from its stock and debt, said it plans to buy back about $US5.4 billion of bonds, including some it issued barely a month ago. The buyback... Read more
3m
WA Today
'Ticking time bomb': Kyle Bass bets against ChinaAs worries grow over China's ability to prop up its currency, hedge fund manage
'Ticking time bomb': Kyle Bass bets against China
WA Today / Posted 3 minutes ago
As worries grow over China's ability to prop up its currency, hedge fund manager Kyle Bass has claimed that the country's foreign reserves war chest is "already below critical level" and that there's a "ticking time bomb" in China's enormous banking... Read more
4 related stories
3m
Perth Now
Newcrest half year profit tumbles Newcrest Mining's half year profit has more than halved to $US81 million ($A1
Newcrest half year profit tumbles
Perth Now / Posted 3 minutes ago
Newcrest Mining's half year profit has more than halved to $US81 million ($A113.82 million) as lower gold and copper prices and a shutdown at a major mine weighed down the results. Australia's largest gold miner... Read more
3 related stories
3m
Perth Now
Greencross rebuffs takeover offer Vet clinics and pet products retailer Greencross has rebuffed a $770 million
Greencross rebuffs takeover offer
Perth Now / Posted 3 minutes ago
Vet clinics and pet products retailer Greencross has rebuffed a $770 million takeover offer from a private equity consortium. Greencross on Monday revealed it had received the offer at the weekend from the... Read more
7 related stories
3m
Perth Now
HSBC HQ to stay in London HSBC has decided to keep its headquarters in Britain, after a review into a p
HSBC HQ to stay in London
Perth Now / Posted 3 minutes ago
HSBC has decided to keep its headquarters in Britain, after a review into a potential move that could have shifted the group's base to Hong Kong. The decision to stay gives a boost to London's status as a global financial... Read more
3 related stories
4m
Perth Now
Cut spending or end up like Greece: ACCI The Australian Chamber of Commerce and Industry has warned that if government
Cut spending or end up like Greece: ACCI
Perth Now / Posted 4 minutes ago
The Australian Chamber of Commerce and Industry has warned that if government spending continues to grow faster than the economy Australia will need to continuously raise taxes. "If Australia waits until the... Read more
2 related stories
4m
WA Today
Amcor profit hit by strengthening US dollarPackaging giant Amcor has announced that a strengthening US dollar saw net prof
Amcor profit hit by strengthening US dollar
WA Today / Posted 4 minutes ago
Packaging giant Amcor has announced that a strengthening US dollar saw net profit in the December half drop 4.9 per cent from a year ago. Net profit slid to $US305 million ($428.9 million) for the six months to December 31, compared with $US321.3... Read more
5 related stories
4m
Sky News Australia
Gold prices ease after soaringGold prices have eased after soaring five per cent the previous day, pressured
Gold prices ease after soaring
Sky News Australia / Posted 4 minutes ago
Gold prices have eased after soaring five per cent the previous day, pressured by profit-taking after the biggest rally in more than seven years, but the metal was still set for its best week in four years as investors rushed to safe-haven... Read more
10 related stories
4m
Sky News Australia
Bendigo, Adelaide Bank lift cash earningsBendigo and Adelaide Bank has lifted first half cash earnings 2.7 per cent to $
Bendigo, Adelaide Bank lift cash earnings
Sky News Australia / Posted 4 minutes ago
Bendigo and Adelaide Bank has lifted first half cash earnings 2.7 per cent to $223.7 million. The regional lender says net interest margin contracted by one basis point to 2.16 per cent as more customers overpaid home loans and rates stayed low as... Read more
2 related stories
5m
Adelaide Now
Cut spending or end up like Greece: ACCI The Australian Chamber of Commerce and Industry has warned that if government
Cut spending or end up like Greece: ACCI
Adelaide Now / Posted 5 minutes ago
The Australian Chamber of Commerce and Industry has warned that if government spending continues to grow faster than the economy Australia will need to continuously raise taxes. "If Australia waits until the... Read more
2 related stories
5m
Adelaide Now
HSBC HQ to stay in London HSBC has decided to keep its headquarters in Britain, after a review into a p
HSBC HQ to stay in London
Adelaide Now / Posted 5 minutes ago
HSBC has decided to keep its headquarters in Britain, after a review into a potential move that could have shifted the group's base to Hong Kong. The decision to stay gives a boost to London's status as a global financial... Read more
3 related stories
5m
Adelaide Now
Newcrest half year profit tumbles Newcrest Mining's half year profit has more than halved to $US81 million ($A1
Newcrest half year profit tumbles
Adelaide Now / Posted 5 minutes ago
Newcrest Mining's half year profit has more than halved to $US81 million ($A113.82 million) as lower gold and copper prices and a shutdown at a major mine weighed down the results. Australia's largest gold miner... Read more
3 related stories
8m
Connecticut Post
GOLDMAN SACHS: The 'mantra' in Silicon Valley has changedPrivate tech companies are having a tough go of it — and they're starting to ma
GOLDMAN SACHS: The 'mantra' in Silicon Valley has changed
Connecticut Post / Posted 8 minutes ago
Private tech companies are having a tough go of it — and they're starting to make some changes. Many tech startups that have reached the coveted billion-dollar "unicorn" status are now struggling to raise capital as investors worry about... Read more
11m
The Courier Mail
Broadspectrum to launch buybackDetention centre operator raises full-year earnings guidance, posts increased i
Broadspectrum to launch buyback
The Courier Mail / Posted 11 minutes ago
Detention centre operator raises full-year earnings guidance, posts increased interim result. Contracting giant Broadspectrum will buy back up to 10 per cent of the company’s shares over the next year, after the firm logged a rise in net profit for... Read more
4 related stories
11m
The Courier Mail
Bendigo boosts cash earningsMargins come under pressure as first half marked by fierce competition in home
Bendigo boosts cash earnings
The Courier Mail / Posted 11 minutes ago
Margins come under pressure as first half marked by fierce competition in home loan market. Regional lender Bendigo and Adelaide Bank has managed to lift its half-year earnings despite its profit margin shrinking during the interim period, and says... Read more
2 related stories
11m
The Courier Mail
Aurizon swings to first-half lossRail freight operator struggles with weakness in broader resources sector, will
Aurizon swings to first-half loss
The Courier Mail / Posted 11 minutes ago
Rail freight operator struggles with weakness in broader resources sector, will cut capex. Aurizon will cut its capital expenditure as it struggles with weakness in the resources sector that weighed heavily on its half-year results. The rail... Read more
11m
The Courier Mail
Amcor profit slips in first halfPackaging group sees higher full-year earnings on constant currency basis. Pac
Amcor profit slips in first half
The Courier Mail / Posted 11 minutes ago
Packaging group sees higher full-year earnings on constant currency basis. Packaging manufacturer Amcor has notched up a slight decline in profit for the first half of the year, but says full year earnings should grow on a constant currency... Read more
5 related stories
11m
The Courier Mail
Newcrest half year profit tumbles Newcrest Mining's half year profit has more than halved to $US81 million ($A1
Newcrest half year profit tumbles
The Courier Mail / Posted 11 minutes ago
Newcrest Mining's half year profit has more than halved to $US81 million ($A113.82 million) as lower gold and copper prices and a shutdown at a major mine weighed down the results. Australia's largest gold miner... Read more
3 related stories
11m
The Courier Mail
HSBC decides to stay in Britain HSBC has decided to keep its headquarters in Britain, following a review into
HSBC decides to stay in Britain
The Courier Mail / Posted 11 minutes ago
HSBC has decided to keep its headquarters in Britain, following a review into a potential move that could have shifted the group's base to Hong Kong. The decision to stay gives a boost to London's status as a global... Read more
3 related stories
11m
The Courier Mail
Cut spending or end up like Greece: ACCI The Australian Chamber of Commerce and Industry has warned that if government
Cut spending or end up like Greece: ACCI
The Courier Mail / Posted 11 minutes ago
The Australian Chamber of Commerce and Industry has warned that if government spending continues to grow faster than the economy Australia will need to continuously raise taxes. "If Australia waits until the... Read more
2 related stories
13m
Zero Hedge
Citi: "There Was Something About The Entire Recovery Narrative That Is Downright Wrong"Yesterday, we laid out what according to Citi's Matt King, one of the most insi
Citi: "There Was Something About The Entire Recovery Narrative That Is Downright Wrong"
Zero Hedge / Posted 13 minutes ago
Yesterday, we laid out what according to Citi's Matt King, one of the most insightful and respected credit analysts in the world, is most surprising about the ongoing market selloff: the odd interplay between some asset classes which are declining in... Read more
13m
Zero Hedge
The Negative Mortgage Rate ProgramSubmitted by Ramsey Su via Acting-Man.com, Something Needs to be Done – A Glim
The Negative Mortgage Rate Program
Zero Hedge / Posted 13 minutes ago
Submitted by Ramsey Su via Acting-Man.com, Something Needs to be Done – A Glimpse of the Future In the summer of 2016, US and global economic growth rates are nowhere close to estimates. In fact, a global recession, or worse, is imminent. At home,... Read more
13m
Channel NewsAsia
HSBC decides to stay in BritainLONDON: HSBC has decided to keep its headquarters in Britain, the bank said on
HSBC decides to stay in Britain
Channel NewsAsia / Posted 13 minutes ago
LONDON: HSBC has decided to keep its headquarters in Britain, the bank said on Sunday (Feb 14), following a review into a potential move that could have shifted the group's base to Hong Kong. The decision to stay gives a boost to London's status as... Read more
3 related stories
14m
Business Spectator
Broadspectrum to launch buybackContracting giant Broadspectrum will buy back up to 10 per cent of the company’
Broadspectrum to launch buyback
Business Spectator / Posted 14 minutes ago
Contracting giant Broadspectrum will buy back up to 10 per cent of the company’s shares over the next year, after the firm logged a rise in net profit for the first half. The detention centres operator today notched up a net profit of $25.1 million... Read more
4 related stories
14m
Business Spectator
Newcrest H1 profit divesNewcrest says it is repaying debt and taking a disciplined approach to capital
Newcrest H1 profit dives
Business Spectator / Posted 14 minutes ago
Newcrest says it is repaying debt and taking a disciplined approach to capital after its first-half profit plunged due to weak metal prices. Net profit tumbled 55 per cent to $US81 million in the six months to December 31, compared with the prior... Read more
3 related stories
14m
Business Spectator
Bendigo boosts cash earningsRegional lender Bendigo and Adelaide Bank has managed to lift its half-year ear
Bendigo boosts cash earnings
Business Spectator / Posted 14 minutes ago
Regional lender Bendigo and Adelaide Bank has managed to lift its half-year earnings despite its profit margin shrinking during the interim period, and says mortgage rate hikes will help offset industry wide margin pressures. The bank increased its... Read more
2 related stories
14m
Business Spectator
Aurizon swings to first-half lossAurizon will cut its capital expenditure as it struggles with weakness in the r
Aurizon swings to first-half loss
Business Spectator / Posted 14 minutes ago
Aurizon will cut its capital expenditure as it struggles with weakness in the resources sector that weighed heavily on its half-year results. The rail freight operator swung to a statutory net loss of $108 million in the six months to December 31,... Read more
14m
Business Spectator
Greencross rebuffs takeover offerVet clinics and pet products retailer Greencross has rebuffed a $770 million ta
Greencross rebuffs takeover offer
Business Spectator / Posted 14 minutes ago
Vet clinics and pet products retailer Greencross has rebuffed a $770 million takeover offer from a private equity consortium. Greencross on Monday revealed it had received the offer at the weekend from the consortium of TPG Capital, The Carlyle... Read more
7 related stories
More