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
Heads roll amid fury over CEO’s $24m pay
One of Australia’s richest companies is facing a revolt for failing to slash its CEO’s eye-watering $24 million pay packet despite a long list of regulatory failures.
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.
More Stories
‘Should be worried’: Entire industry collapses
Australia no longer makes much of anything at all — and the few industries we do have left are rapidly circling the drain.
Lower fares spark rush on Christmas holiday flights
Australian travellers are taking advantage of lower airfares as bookings for Christmas holidays surge in comparison to this time last year.
Move to stamp out ‘unfair’ pay practice
The government is looking to stamp out an “unfair” business move which is leaving workers on penalty rates worse off.
Aussie swimwear label’s new step to overcome US tariff impact
One of Australia’s popular swimwear labels has a new plan to tackle the impact of US tariffs hitting their business — and it’s working. SEE THE VIDEO.
Qantas faces off against faceless opponent in cyber ordeal
Qantas has succeeded over its faceless opponent in court. But the breach highlights a systemic vulnerability many large Australian organisations face: a lack of oversight and control over data handled by third-party vendors.
BHP, CSL, banks, Wesfarmers, Goodman lift ASX 200 to record high; Mesoblast top gainer
Bullish sentiment boosts local bourse as ASX 200 breaks key chart point. BHP’s FY26 production forecasts more subdued amid Jansen blowout, but CEO upbeat on China. Mesoblast banks first millions from key US product sales.
CBA’s ‘shameful act’ as it sacks hundreds
The banking union has accused the Commonwealth Bank of a “shameful act” after announcing more than 300 redundancies.
Dad’s WFH request brutally knocked back
The Fair Work Commission has delivered a bombshell ruling that could have huge ramifications for Aussies, after a dad’s request to care for his kids was knocked back.
Maurice Blackburn pursues Qantas breach
Qantas is facing legal action by Maurice Blackburn for compensation for millions of customers caught in a major cyber attack.
Rate cuts locked in after June data surprise
June jobless rate spikes to 4.3 per cent, with some saying RBA’s recent hold call is ‘policy error’. AUD down. BUMA slaps statutory demand on Bowen.
Original URL: https://www.dailytelegraph.com.au/business/companies/page/3