300 jobs at risk as coalmine goes bust
A privately held coal company has slipped into administration just two days after Christmas, putting the livelihoods of about 300 people at risk.
Breaking News
ASX skids after nudging record high
Fears that central banks will not cut interest rates as aggressively as anticipated stoked a broad selloff on the benchmark on Wednesday.
‘Losing money’: Small firms under threat
Businesses have been “significantly impacted” and are losing money because of strikes at the nation’s ports, the boss of one company says.
Month of reprieve for Aussie homeowners
Even as cooling inflation data suggests less pressure on the central bank to tighten further, economists are at odds on its next move.
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ASX keeps climbing higher
Stronger commodities prices and positive economic data pushed the ASX higher but travel stocks struggled amid a surge in COVID-19 cases in NSW.
Qantas reveals new flight routes
The country’s major airline has revealed new flight routes for 2021, which will help city slickers go on holiday in regional Australia.
Qantas steals freight deal from Virgin
Qantas’ freight business has secured a new deal with a major shipping service that used to hold the agreement with rival airline Virgin Australia.
Aussies’ Christmas plans revealed
A new report has found Australians have become more conscious about their spending but are seeking to support local businesses this Christmas.
Latest unemployment figures unveiled
The latest unemployment figures have been revealed, with 90,000 more Australians finding work in November.
ASX surges higher as banks, miners rise
The ASX had its best day since December 1, with miners and tech stocks among the big winners.
Bank warns of ‘ongoing hurdles’
One of Australia’s major banks has warned economic struggles are likely to still occur despite Australia’s strong handling of the coronavirus pandemic.
Two key home lenders to merge
Customers are set to get an online boost as Aussie Home Loans inks a deal to merge with mortgage platform Lendi.
Airline cleared to take on Qantas, Virgin
Regional airline Rex has a clear runway to challenge Qantas and Virgin on big city routes from March and is offering cheap flights to promote it.
Australian bank goes bust
An Australian digital-only bank has closed its doors, blaming one thing for not being able to raise funds for investment.
Original URL: https://www.themercury.com.au/business/breaking-news/page/199