Iconic Aussie brand’s ‘irreversible challenges’
Trying to make money from delivering letters in 2024 is a tough slog, as Australia Post’s financial results show.
Breaking News
Energy stocks lead to dip in ASX
The Australian share market fell again on Thursday, after a poor start thanks to Wall St, as several big name companies report results.
Aussie bank boss’ shock rates prediction
The Westpac Group boss believes the Reserve Bank will begin cutting rates from early next year, forecasting the figures rates will settle at.
Aussies’ love of Kmart dupes boosts profits
Despite the cost-of-living crunch, buyers flocked to Kmart and Bunnings to pick up bargains, leading to a strong profit for parent company Wesfarmers.
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Rival claims Qantas ‘predatory’
Qantas has been accused of flooding the market with loss-making flights in a bid to squeeze out an ambitious competitor and owing customers billions.
ASX follows US market tumble
The Australian sharemarket closed lower after a jittery trading day on Wall Street, mirroring the tech stock sell off in the US.
Bank takeover gets green light
One of the nation’s biggest banks has been given the go-ahead to absorb a neobank in a bid to boost its digital capacities and add more customers.
New way to see supermoon up close
Aussies are being offered an exciting new way to see the supermoon and lunar eclipse up close when it surfaces later this month.
ASX sets 14-day high after iron ore surge
The Australian sharemarket has ended the trading day stronger after a fresh, major boost in the price of iron ore.
Crown bidding war gives Packer easy exit
A proposal to merge Crown Resorts with its rival Star gives James Packer easy options to continue pulling back from the gaming giant or exit completely.
Woolies proposes major shake up
The supermarket giant has confirmed its plan to spin off its liquor business into a separately listed company.
Way to save for a deposit 7 months sooner
There’s a new way for people to buy a home and avoid forking out for expensive mortgage insurance if they haven’t saved a 20 per cent deposit.
‘Worrying trend’ emerges on house prices
House prices have grown at their highest rate in three decades and are tipped to keep climbing. It all points to a ‘worrying trend’.
State to offer $100 restaurant vouchers
One state has announced new restaurant and cafe voucher funding – where residents can claim up to $100 – in a bid to help struggling businesses.
Original URL: https://www.themercury.com.au/business/breaking-news/page/189