Dark warning in CBA’s 9 billion profit reveal
Commonwealth Bank has revealed loan arrears are on the rise, as it posts a $9.48bn statutory profit for the full year.
Breaking News
Seven profit slashed more than 60 per cent
Despite slashing jobs the dominant Aussie TV station has fallen deep into the red, buried by declining ad spend and losing the Olympics.
Healthcare stocks dragged down by CSL
The ASX made a third-straight day of gains after a week of global volatility, with financial and consumer stocks pushing a marginal gain.
Aussie wages rise for June quarter
Australian wages have ticked up nearly 1 per cent in the past three months.
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Aussie economy casts pandemic aside
Australia’s economic activity has recovered from the pandemic, with latest figures revealing the nation’s strong rebound from the virus.
Crown blasted over gaming tactics
Crown Resorts has been grilled on the effectiveness of how robust its internal protocols are in identifying problem gambling within its venues.
ASX retreats for second straight day
The ASX lost momentum after its recent record-breaking run, racking up a second straight day of losses, with some strong share price moves seemingly inexplicable.
Stat shows how crazy property is getting
Australia’s property boom continues, with house prices relentlessly climbing higher and creating an ‘absolute rarity’ in the market.
RBA keeps interest rate at historic low
Australia’s official cash rate has been kept at a historic low, as expected, with inflation and wage pressures remaining subdued.
Next Australian travel bubble tipped
The Morrison government has revealed where the next quarantine-free travel bubble could be.
ASX fades after record intraday high
The benchmark ASX index hit a new record intraday high and then failed to maintain momentum, fading throughout the rest of the session.
Qantas to offer ‘unlimited’ travel
The nation’s biggest airline group is going to dish out free loyalty points and even unlimited flights to certain passenger in a bid to get more Australians vaccinated.
Big change at iconic biscuit brand
One of Australia’s favourite biscuit brands is implementing a new sustainability plan to meet bold targets before the middle of the century.
ASX rockets to fresh record high
Records tumbled on the ASX, with the two key indices reaching new heights while Commonwealth Bank closed above $100 for the first time.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/174