Jewellery tycoon dies aged 86
Sir Michael Hill, who turned a small family jewellery store into a $650m global empire spanning three countries, has died aged 86 after battling cancer.
Companies
Union says CBA “replacing” staff with AI
Commonwealth bank has been slammed for axing frontline jobs to be replace them with AI and offshore services.
NAB has rails run in HSBC’s great Aussie bank sale
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
Banks trims fall as declines narrow; Greatland drops
Australia faces trade pain as US President Donald Trump flags 15-20 per cent baseline tariffs for no-deal nations. Woodside in driver’s seat at Bass Strait after 50 years. Viva’s weak first-half weighs. Greatland’s worst one-day drop since June IPO.
More Stories
Lower fares spark rush on Christmas holiday flights
Australian travellers are taking advantage of lower airfares as bookings for Christmas holidays surge from month to month.
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.
RBA governor’s speech sinks ASX 200
Comments from RBA governor Michele Bullock and weaker than expected quarterly earnings dropped the ASX on Thursday.
Private health giant shuts clinics
Australia’s largest private hospital company will shut 17 of its 20 psychology clinics in a matter of months.
Why unemployment may stop rate cut
The RBA boss has given another major clue as to why the central bank held interest rates during their July meeting, and what will move the needle in August.
Why unemployment may stop rate cut
The RBA boss has given another major clue as to why the central bank held interest rates during their July meeting, and what will move the needle in August.
Why your living standards will fall by $75k
A major bank has sounded the alarm on Australia’s living standards as it says the “Lucky Country’s” good fortune is running out.
Virgin cabin crew take filthy hotel complaint to Fair Work
Flight attendants have escalated their dispute with Virgin Australia over the conditions they are forced to sleep and eat in at the airline’s Perth layover hotel.
Qatar victims win right to sue over invasive internal searches
Australian women subjected to invasive examinations at Hamad International Airport have won the right to sue Qatar Airways in a landmark court victory.
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.
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