AAP Finance

Medibank fined for false representations

Medibank has been ordered to pay $5 million in penalties, after agreeing to compensate policy holders for misleading hundreds of policy holders.

AAP Newswire

6 hours ago

Finance

Helloworld raises $50m to tide over crisis

Travel company Helloworld is raising $50 million at a 16 per cent discount to help it survive the pandemic.

AAP Newswire

8 hours ago

Finance

BWX raising $50m for manufacturing plant

Sukin skincare brand owner BWX has announced a $50 million equity raising to build a new manufacturing plant in Victoria.

AAP Newswire

9 hours ago

Finance

BWX raising $50m for manufacturing plant

Sukin skincare brand owner BWX has announced a $50 million equity raising to build a new manufacturing plant in Victoria.

AAP Newswire

9 hours ago

Finance

Unemployment climbs but jobs returning

Australia’s unemployment rate jumped to a seasonally-adjusted 7.4 per cent in June, with 69,300 jobs lost during the month.

AAP Newswire

7 hours ago

Finance

Michael Hill gains from online sales boom

Michael Hill shares have climbed after impressive online sales, with investors overlooked a virus-hit fourth quarter sales drop.

AAP Newswire

10 hours ago

Finance

Iberdrola waives Infigen offer conditions

Iberdrola has waived a requirement for 50 per cent minimum acceptance of its offer and promised to speed up payment to Infigen shareholders.

AAP Newswire

12 hours ago

Finance

Building activity fell in March quarter

Australian building activity was down 0.5 per cent to $29.19 billion in the three months to March 31.

AAP Newswire

15 Jul 2020

Finance

Origin Energy takes $1.2b hit on oil slump

Origin Energy will book impairments of $1.2 billion due to writedowns on the APLNG JV and an onerous LNG contract.

AAP Newswire

15 Jul 2020

Finance

Soul Pattinson to book TPG-related profit

Washington H. Soul Pattinson says it will recognise a FY2020 profit of up to $1.17 billion as it changes an accounting method related to its TPG investment.

AAP Newswire

15 Jul 2020

Finance

Afterpay strikes deals with Apple, Google

Afterpay has struck deals with Apple and Google to link its payment service to their mobile pay apps, and will offer its service in the US this month.

AAP Newswire

15 Jul 2020

Finance

Woodside takes $6.3b hit, Q4 revenue drops

Woodside Petroleum has written down the value of its assets after a coronavirus-induced slump in oil prices. while June quarter revenue dropped 29 per cent.

AAP Newswire

15 Jul 2020

Finance

Overseas arrivals stay low in June

Overseas arrivals to Australia continued to be at extremely low levels after borders were shut to all non-residents from March 21 amid the COVID-19 pandemic.

AAP Newswire

14 Jul 2020

Finance

Altium flags 10pct rise in FY revenue

Electronic design software company Atium says its full-year sales and revenue were both up 10 per cent despite the impact of the coronavirus crisis.

AAP Newswire

14 Jul 2020

Finance

Whitehaven beats quarterly output forecast

Whitehaven Coal has reported its saleable coal production rose 29 per cent in the June quarter.

AAP Newswire

14 Jul 2020

Finance

Westpac names Rowland as finance boss

Westpac has handed its chief financial officer post to KPMG partner Michael Rowland and says his skills will help make it a simpler bank.

AAP Newswire

14 Jul 2020

Finance

Dacian Gold lowers FY21 guidance

WA goldminer Dacian Gold says it expects to produce 110,000 to 120,000 ounces this fiscal year, down from previous forecasts.

AAP Newswire

13 Jul 2020

Finance

Credit Corp outlines $65m profit hit

The ASX-listed debt collection agency says debt collection is down as unemployment surges, but it will still make as much as $15 million in full-year profit.

AAP Newswire

13 Jul 2020

Finance

Few overseas arrivals in May amid virus

Overseas arrivals to Australia continued to be at extremely low levels after borders were shut to all non-residents from March 21 amid the COVID-19 pandemic.

AAP Newswire

13 Jul 2020