AAP Finance

Nick Scali sales rattled by property slump

Furniture retailer Nick Scali says sales have dropped in the first three months of the financial year and it has warned of reduced half-year profits.

AAP Newswire

4 hours ago

Finance

NBN will send firms broke: Telstra chair

Telstra chairman John Mullen has described the NBN as a costly mistake that the firm should never have helped the government create.

AAP Newswire

5 hours ago

Finance

RBA cut despite housing bubble worries

The RBA cut the cash rate to 0.75 per cent after board members failed to see any stimulatory effects from government tax cuts and its two previous reductions.

AAP Newswire

7 hours ago

Finance

RBA cut despite housing bubble worries

The RBA cut the cash rate to 0.75 per cent after board members failed to see any stimulatory effects from government tax cuts and its two previous reductions.

AAP Newswire

7 hours ago

Finance

APRA says banks may need more capital

With NZ lifting the amount of capital banks must hold, APRA is reviewing how much equity Australia’s big banks must deploy to support their subsidiaries.

AAP Newswire

8 hours ago

Finance

Telstra avoids 2nd strike on executive pay

Telstra shareholders have overwhelmingly approved the company’s renumeration report after rejecting it last year by a 62 per cent vote.

AAP Newswire

9 hours ago

Finance

Consumer confidence slides lower: ANZ

Consumer confidence fell 1.2 per cent over the weekend, sliding in its second consecutive reading, an ANZ survey suggests.

AAP Newswire

9 hours ago

Finance

Former RBA board member Fagg joins NAB

Former Reserve Bank board member Kathryn Fagg says she wants to help rebuild trust in NAB when she joins as a non-executive director.

AAP Newswire

10 hours ago

Finance

Nine to wrap up Macquarie Media takeover

Nine Entertainment has built its stake in Macquarie Media to 98.64 per cent and will complete its $114 million takeover of the talk radio business.

AAP Newswire

10 hours ago

Finance

Shopping centre owner HomeCo debuts on ASX

“Big box” retail centre operator HomeCo has begun trading on the ASX following a $325 million float, believed to be the largest this year.

AAP Newswire

14 Oct 2019

Finance

China iron ore imports surge to high

China brought in 99.36 million tonnes of iron ore in September, the biggest purchase since January 2018, calculations show.

AAP Newswire

14 Oct 2019

Finance

No ‘binding’ deal to sell mags: Seven West

Seven West Media says it hasn’t yet reached a “binding” agreement to sell its magazine interests to Bauer Media.

AAP Newswire

14 Oct 2019

Finance

Santos makes $2.1bn northern Aust LNG buy

Santos has agreed to pay up to $US1.44 billion ($A2.12 billion) for ConocoPhillips’ northern Australia business, gaining control of key LNG infrastructure.

AAP Newswire

14 Oct 2019

Finance

KKR, partners lower Latitude IPO price

US private equity firm KKR & Co and its partners have decided to lower the IPO price of non-bank lender Latitude Financial by at least 11 per cent.

AAP Newswire

14 Oct 2019

Finance

Inquiry a chance to explain rates: banks

ANZ has welcomed the competition watchdog’s inquiry into mortgage interest rates as a chance to “provide facts in what is a complex space”.

AAP Newswire

14 Oct 2019

Finance

CSL to celebrate 25 years since ASX debut

Biotech giant CSL will celebrate 25 years of success on the ASX with a bell ringing ceremony.

AAP Newswire

14 Oct 2019

Finance

Aust share market expected to open higher

Share futures point to the Australian share market opening half a percentage point higher on Monday, adding to last week’s gains.

AAP Newswire

13 Oct 2019

Finance

Shares bask in US-China, Brexit deal hopes

Hopes that Britain was moving closer to a smooth Brexit and optimism for a detente in the US-China trade war saw Asian shares rally.

AAP Newswire

11 Oct 2019

Finance

CBA staff promised unlimited paid DV leave

CBA has offered unlimited paid leave to any of its staff affected by family and domestic violence, becoming the largest company in Australia to do so.

AAP Newswire

11 Oct 2019