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.
Breaking News
‘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.
China blow to cost Australia billions
Chinese manufacturing, and it turns out Chinese babies, have left their mark on the ASX on Monday despite the market closing up.
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Bank‘s big superannuation move
An Australian bank has announced it will sell off its wealth business to a Queensland superannuation fund.
Most bank loan deferrals now over
Australia’s response to the pandemic has allowed the vast majority of loan holders to return to normal repayments, the nation’s peak banking body says.
Bank move to help curb online gambling
One of the nation’s biggest banks has introduced a new tech feature that can prevent problem gamblers from accessing online betting sites.
ASX pulls back for second straight day
The ASX once again dipped as pandemic concerns hit travel stocks and tech stocks lagged, but acquisition action was an encouraging sign.
How to try furniture without leaving home
Retailers are adopting Aussie-made software that allows shoppers to test out furniture in their homes without stepping out the front door.
Embattled casino giant’s licensing win
Liquor licence extensions at Crown Sydney have guaranteed an ongoing cash stream for the beleaguered casino giant as it tries to regain its gaming permit.
‘Disgraceful’: Aus Post’s ‘cynical’ move
The union representing the nation’s posties says extending pandemic measures would put jobs and delivery services at risk.
State leaps ahead in economic rankings
One state economy has raced ahead, another has retained its top status and the most populous jurisdiction has its lowest ranking in years.
‘Uninspired, directionless’ ASX dips
The ASX eased despite a positive US lead, with retailers and travel stocks among the laggards, but Fortescue rose amid high iron ore prices.
Big change coming to housing market
Australian house prices are expected to keep rising, but there are plenty of signs suggesting it won’t be at the ‘unsustainable’ pace of recent months.
Original URL: https://www.themercury.com.au/business/breaking-news/page/194