5 million Aussies set for cash boost
Pensioners, renters and students will receive a big income boost next month. Here’s what you need to know.
Companies
Albo’s $2.4bn lifeline for embattled steelworks
The federal and South Australian governments have come to the rescue of the embattled Whyalla Steelworks.
Big win for Telstra shareholders
Telstra says its heavy investment in the Australian network is paying off, as the telco announces massive payouts to shareholders.
‘Shock’: No refund for Aussie customers
This Australian company promised refunds. Then it backflipped and months later, there’s still no answers.
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ASX 200 ends 0.3pc lower with energy, consumer-exposed stocks hit
WATCH LIVE: Westpac CEO Peter King speaking during parliamentary Q&A. CBA boss vows to continue lending to gas projects. Ellison’s fortunes hit in MinRes dive. Qantas, South32 flag buybacks as profits fall. Cettire down on profit slump.
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.
‘Went crazy’: Coles’ infuriating move
The average supermarket checkout now has “better security than a Supermax prison” – and it’s helping profits soar in a cost-of-living crisis.
New details of Qantas’ ’world-first’ plane
Qantas pilots are preparing for the launch of Australia’s first “longest-range” plane, which will allow for more non-stop routes.
Air New Zealand ‘won’t step back’ from fight with Qantas
The airline’s boss has likened the airline to the All Blacks as it competes fiercely with Qantas on New York routes.
Family’s four year battle with builders
Pictures of what was meant to be a young Aussie’s dream home reveal why she calls it a “haunted house” and her partner is urging her to sell as is.
Worrying sign Aussies already in ‘recession’
Amid a cost of living crisis beleaguered Aussies have been warned to brace for an “economic horror show” up until Christmas.
The big three problems coming in fast for Nine’s boss
The Olympics gave Nine a super sugar hit, but three major problems are looming as CEO Mike Sneesby needs to quickly grapple with a changing TV landscape.
The advice guiding rebuild for Woolies’ accidental CEO
Brad Banducci leaves as one of the supermarket’s longest-serving bosses. Can his legacy survive the hits of the past six months?
Original URL: https://www.themercury.com.au/business/companies/page/189