Woolies boss’ big call on monster profits
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
The Australian Energy Market Operator is warning of “reliability gaps” without the ‘timely’ delivery of more transmission and energy infrastructure.
A rally in prices for key commodities including oil, iron ore, nickel, gold and copper sent the benchmark within 33 points of its record high.
One of Australia’s energy titans will cut 200 jobs, blaming a delay in ‘growth activities’ for the cull.
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
One of Australia’s largest financial services providers is going cashless at its offices but has promised customers cash withdrawal fees from ATMs will be covered.
Australian shares dipped lower on Tuesday as investors continue to tread cautiously before a flood of data comes this week.
Australian shares were flat on Monday before important inflation data is released midweek.
Consumer and financials were crunched on Thursday as investors grew increasingly concerned with the impact of elevated inflation on households.
Aussies are about to get a tax cut cash boost and most will ‘spend’ it in a surprising way.
Ahead of the central bank’s impending interest rate decisions, investors on the Australian share market were in an upbeat mood.
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Upstart airliner Bonza launched in Australia with budgie-smugglers and purple cocktails, but 18 months later the low-cost carrier collapsed. Here’s why.
Australian shares notched a tepid bounce on Thursday following some dovish rhetoric from the US Fed and positive sentiment around half-year results from NAB.
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
While bond traders have sharply revised their interest rate bets, equity investors appear unconvinced that a resumption in hikes is likely.
Major cities across Australia have notched record high fuel prices this week, amid a worrying cost-of-living crisis.
After stronger than expected economic data, traders have built up bets that the Reserve Bank could hike interest rates again.
Shares erased their early gains on Wednesday after firmer-than-expected inflation data took traders by surprise.
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
Shopping at Woolies is about to get a big makeover, with a whole new section rolling out in stores.
A South Australian mining company has boomed in value from $37m to almost $2bn in less than 10 years and the meteoric rise could continue with the company announcing another big milestone.
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
Shares took their cue from the US stock market, with the local benchmark finishing in the red for the fourth consecutive session.
Australia’s largest hardware chain has come under fierce scrutiny over allegations it has used its market power to mistreat plant suppliers.
Australian shares slipped on Monday trading as investors price in rising geopolitical uncertainty in the Middle East.
Softer-than-expected producer price data failed to ease the concerns of inflation-worried investors.
Original URL: https://www.news.com.au/finance/markets/australian-dollar/page/14