‘Green shoots’: CBA shows we’ve finally hit a turning point
The banking giant is the closest thing Australia has to a real-time measure of the economy. And big investors are now betting on an important shift coming.
Companies
‘They’re a**holes’: Huge rates hike slammed
Business owners have slammed council over the decision to increase rates by a whopping 87 per cent following a fiery meeting on Monday night.
ASX soars on big bank’s mega earnings
The Australian sharemarket closed at a record high on Wednesday off the back of strong share price growth from the major banks.
ASX hits record; Woolworths cutting jobs; BHP finds new chair
CBA and Computershare hit records. Woolworths cutting jobs. AGL narrows guidance after profit fall. Suncorp’s March cash windfall, buyback promise. Star ex-boss: Casino ‘run in clean and legal’ way. BHP appoints new chairman. US CPI data next equity markets trigger.
More Stories
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Major bank to axe up to 600 jobs
A major bank is poised to axe up to 600 jobs, following on from similar action that brought on 250 job cuts just last year.
Aussie property developer posts $1.5bn loss
A major commercial property player has taken a huge financial hit, as negativity around iron ore leaves room for investors to pounce.
ASX 200 rises; Judo top gainer; Yancoal leads declines
Inflation will be ‘slow to decline’: RBA minutes. Dexus sinks on FY25 distribution warning. Ansell’s result better than expected. Judo tops expectations. Reliance results ‘operationally strong’. Yancoal slumps on weak first-half. Baby Bunting, Monadelphous gain.
‘Aligned’: Chalmers fends off rift with RBA
Treasurer Jim Chalmers says the Albanese government and the Reserve Bank are aligned in the fight against inflation.
Huge cost of cyber attack revealed
Small Aussie businesses have glaring holes in their cyber security, and it’s costing them dearly as tougher penalties take effect.
Wagners weigh into green jet fuel industry
The Queensland family best known for building an airport in under two years has turned its attention to sustainable aviation fuel.
Clash over $3bn hit to Australia’s bottom line
Federal spending has been put into the spotlight following the dramatic drop of iron ore prices due to weakened demand from China.
China news we didn’t want to hear
The unsteady future of former cash cow iron ore has transfixed Australians for more than a year. But now reality has finally hit. Hard.
Original URL: https://www.thechronicle.com.au/business/companies/page/198