Alliance bucks trend with record year and ‘better to come’
Just like Rex, Alliance Aviation saw the opportunity to expand its fleet during the Covid pandemic but while one airline failed spectacularly, the other soared to new heights.
Companies
Aussie shares flat with all eyes on Israel
The sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.
ASX edges up as property stocks gain; Guzman y Gomez, Star fall
Property giants lift on ‘cheaper debt outlook’. Santos down despite oil price spike. Origin loses ground after abandoning hydrogen plans. Sell rating weighs on ‘overly ambitious’ Guzman y Gomez. IMF backs RBA’s tight stance.
Green hydrogen hype fast runs out of steam
The glow of the superfuel is fading fast and this demands a rethink of its role in the path to net zero.
Hunger games: Qantas revamps menu as competition heats up
Faced with tougher competition from a cashed-up Virgin Australia, Qantas is looking to lift its game on the food front with a shake-up of what’s on offer on domestic flights.
Single pic proves WFH is dead in the water
In the heart of Sydney’s bustling financial district, a surprising storefront has popped up. Here’s why office workers fear it’s the death knell for WFH.
‘Kick in the guts’: Major uni to slash jobs
An elite Australian university has been forced to slash jobs because of a huge deficit, which not even enrolling more students could fix.
Rex link still on the cards: Hrdlicka
Virgin Australia has pledged to do whatever it can to ensure Rex’s regional flights continue — except for taking over the operation.
Aussie beef caught up in US strike
Aussie beef destined for US hamburgers has been left stranded in US waters as tens of thousands of American port workers strike.
Aussie’s life upended by single Facebook rule
A dad who had his life completely upturned in an instant is facing “hell” as he battles the social media giant.
Massive job cuts hit Aussie insurance giant
A job cull is sweeping through one of Australia’s biggest insurance companies, even as the company rakes in big profits.
Aussie finance sector’s big AI move
An industry-first agreement will look to protect one Australian fund’s workers in the age of ChatGPT with a new “gold standard”.
Surprising retirement reality for Gen Z Aussies
Millennials and Gen Z Aussies might be locked out of housing, but in one area of economic life they are in prime position.
‘Tough cop’: Albo’s ‘shrinkflation’ crackdown
A new phase of the supermarket crackdown is about to be rolled out, with Anthony Albanese saying Australians need “a tough cop on the beat”.
Iconic Aussie food brand reveals next move
An iconic Aussie brand has revealed a major merger with two other companies as it plans its next move.
Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
Western Sydney welcomes first test flight
Western Sydney Airport has welcomed its first flight — in a major milestone for the gateway almost 80 years in the planning.
ASX 200 dips; MinRes, Woodside and Newmont lead gains
Oil, gold stocks jump on Middle East conflict escalation. Jobs to go in Country Road restructure. SiteMinder insider’s $85.4m selldown. Kennett to retire after juice company merger. CEO changes at Collins Foods, KMD. CBA shuffles top deck.
New international airport’s major milestone
The first ever plane has touched down at the country’s newest airport with preparations underway to ensure the grand opening is a success.
New international airport’s major milestone
The first ever plane has touched down at the country’s newest airport with preparations underway to ensure the grand opening is a success.
Popular childcare chain collapses
A popular chain of childcare centres has collapsed, with a common trend in Australian workplace habits possibly to blame.
Airlines avoid Middle East airspace as tensions escalate
Airlines have cleared out of Middle East airspace as Iranian missiles rain down on Israel, pushing the region closer to all-out war.
What is open this October long weekend
The majority of the country has Monday off for a public holiday. This is what will and won’t be open.
Shocking reason Aussies go into debt
Despite cost-of-living pressures, the average Aussie spends $1309 more than they can afford and the reason is tragic.
US founder weighs in on Aussie ‘cookie scam’
The founder of the real Crumbl Cookies has hinted at an exciting update for Australian fans after a ‘scam’ pop-up emerged in Sydney.
Aussie shares dip lower on big bank fall
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
Inflation hits RBA target; ASX 200 dips as bank falls offset mining gains
August CPI cools to 2.7pc – lowest level since 2021 – on government subsidies. Analysts warn RBA ‘risks prolonged subpar growth’ with its tight policy. Chinese stimulus triggers switch to miners. Premier, Sigma and KMD fall on earnings updates.
Big bank’s record-breaking fine
One of Australia’s largest banks has been slapped with a record-breaking multimillion-dollar fine.
Fiery clash on live TV over inflation
The Coalition is renewing its attacks on the Albanese government after the Reserve Bank’s decision to hold rates.
‘Dumb’: Dick Smith’s brutal snipe at Australia
Businessman Dick Smith labelled Australia as “dumb” for not following China’s lead as it ramps up its nuclear infrastructure.
Fate of disgraced crypto king’s ex revealed
Crypto criminal Sam Bankman-Fried’s ex-girlfriend is going to prison for helping him steal $8 billion in customer funds.
RBA’s grim warning on rates, inflation
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
RBA’s grim warning on rates, inflation
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
RBA will be late to rate cut party, but it’s on the way
Michele Bullock marked her first year anniversary as the central bank governor with a shift in tone.
Uber change hits major Aussie airport
Australia’s largest airport has announced a massive shake-up to its kerbside pick-up options.
What REA learned from BHP’s London stalemate
Investors are now putting pressure on Rightmove’s London board to take a seat at the negotiating table for the $11bn offer.
Aussie shares dip on hawkish Bullock
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
ASX trims losses after RBA holds rates; banks’ worst day in weeks
China’s housing stimulus measures trigger investor rush from banks to miners. Economic outlook ‘remains uncertain’: RBA. Supermarket giants Coles and Woolworths still reeling from legal action. Cettire soars on earnings audit.
Major Australian food company collapses
A major Australian food producer, which was once worth $130 million, has gone under.
One thing leaving Aussie companies on edge
Aussie brands have united to take on global retail behemoth Amazon in a four-day shopping event promising to save consumers big bucks.
‘Nightmare’: Obstacle Aussie businesses hate
A high-profile Aussie businessman has backed a state premier, saying he is working hard to reduce every business’s worst “nightmare”.
‘Illegal’: Questions raised over collapsed firm
Customers have been left impacted by the collapse of a building company, with further concerns now being aired.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
‘Fake discounts’ a serious test of trust for Coles, Woolies
The ACCC’s claims are as damaging as they can get. But the regulator needs to be careful not to buy into the emotion around price gouging.
‘Fools’: Albo hits out at Coles, Woolies
Prime Minister Anthony Albanese says supermarket customers “don’t deserve to be treated as fools” as Woolies and Coles are called out.
Aussie shares pull back from record high
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
ASX 200 trims losses; Coles, Woolworths dive
ACCC sues supermarket duopoly over alleged ‘misleading’ discounts. Bitcoin ‘on track for $US100,000’. Healius confirms Lumus sale to Affinity. Fletcher kicks off big raise. Telix buys US-based RLS for $338m. Hawkish RBA expected to hold rates.
Popular venue to close amid Olympic plans
A popular dining spot will be reinvented as developers plan to build a boutique hotel ahead of the 2032 Brisbane Olympics.
‘Out of control’: Minister lashes Greens
Finance Minister Katy Gallagher has issued a scathing takedown of the Greens after they demanded unprecedented action against the Reserve Bank.
‘Misled’: Bombshell emails from huge chain
The well known chain has been under fire and now it is offering refunds after allegations franchisees were deceived.
Original URL: https://www.ntnews.com.au/business/companies