ASX down slightly; Macquarie, Bapcor disappoint
Macquarie quarterly profit falls, CFO flags exit. RBA governor cautions on speed of inflation fall. Bapcor sinks on profit warning, board exodus.
Companies
Questions as ATO wipes former PM’s $1m bill
The ATO is under pressure to explain why it wrote off almost $1 million in interest and late penalties owed by one of Paul Keating’s companies.
‘Without it, town’s gone’: Job bloodbath looms
About 17,000 jobs are in jeopardy as Swiss miner Glencore reveals it is considering shutting down two operations.
ASX jumps as Trump talks trade deals
Investors buy up Australia’s major miners and energy producers after the US and Japan announced a trade deal, pushing up the ASX on Wednesday.
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ASX closes at fresh record high
Australia’s sharemarket followed the US to a fresh record high, with markets climbing despite global economic concerns.
No sign of ransom demands after Qantas hack
Hackers or criminals trying to ransom stolen Qantas data have not contacted the airline following this weeks massive data breach.
Aussie workers missing AI training wave
Australian workers at one of the world’s largest companies are missing out on crucial AI and robotics retraining.
Bolder reform, tourism funding needed: CEOs
The bosses of some of Australia’s biggest companies have laid out their wish lists from the Albanese government at the Australia’s Economic Outlook event in Sydney.
Qantas urges customer vigilance after cyber attack
Personal information stolen from Qantas customers is yet to be ‘shopped’ on the dark web, nor has the airline faced a ransom demand as its investigations continue.
Ignore at your peril: 2026 shaping as perfect storm for recession
It’s the calm before the storm. Right now, all indicators point to one chilling truth, the next major recession is looming and 2026 is a pivotal year, writes ASX Trader.
AI, robots not eliminating jobs: Amazon
Entry-level jobs are still on the table at one of the world’s largest companies despite a huge AI and automation wave sweeping the multinational’s operations.
Qantas weighing data-breach compensation
Australia’s largest airline is yet to determine any case for compensation after customers’ contact details and frequent flyer numbers were stolen during a cyber attack.
Domino’s chair has ‘great faith’ in company; GemLife soars on listing
Property group GemLife latest ASX IPO star. Domino’s surprise Q&A with Jack Cowin. Pilbara Minerals’ unusual volume spike. Under-pressure AMP’s list of legal fights grows. Star white knight’s Austrac warning.
$120m wiped out in childcare horror show
The company that operates the childcare centre at the heart of Victoria’s alleged child sex abuse horror is crashing, losing $120m in value since Tuesday.
Original URL: https://www.dailytelegraph.com.au/business/companies/page/13