Virgin overtakes Qantas as biggest domestic carrier
Rex’s demise has helped Virgin Australia overtake Qantas as the biggest carrier of domestic travellers, the ACCC says.
Companies
RBA delivers ‘hawkish’ rate cut; ASX down
Reserve Bank cuts rates 25 basis points, takes official cash rate to 4.1 per cent. First cut in more than four years. NAB, Westpac, CBA and ANZ lower home loan rates. Qatar-Virgin deal gets ACCC nod. Gold to outshine $US3000: UBS, Goldman.
‘Serious mistake’: Surprise scene outside RBA
Unions and interest groups ratcheted up the pressure on the Reserve Bank ahead of its decision to cut interest rates.
Thousands of dodgy job ads banned
A growing problem for Australians trying to find a job has been revealed, as the number of red flags continues to soar.
More Stories
Woolies profit plunges despite sales increase
Woolworths Group has announced a dire $108m net profit, a 93 per cent drop on last year.
‘Unable’: Aussie’s shock email from builder
Aussie families were promised their dream homes but are instead living a “nightmare”. Pictures reveal why they’ve had enough.
Retail giant accused of huge rip-off
A Queensland mum has hit out at a retail juggernaut after it was caught selling near-identical copies of her best-selling item.
Lessons from two CEOs: Long-term is how it’s done
Two bosses are stepping down in coming months and both will leave an undeniable mark, having reshaped their businesses dramatically.
Ailing Lovisa, Zip drags stock market down
The Australian share market finished down on Tuesday, following sagging results from jeweller Lovisa and sluggish performance from Zip and Johns Lyng.
How BHP plans to keep its copper king crown
The bets on copper and potash show BHP is undergoing another of its landmark reinventions. Will it be enough?
Western Sydney Airport snares Singapore Airlines with 24 hour offering
Could Singapore Airlines’ commitment to fly out of Western Sydney Airport be the precursor to domestic flights by the carrier?
ASX lowers; Woodside gains; Lovisa leads falls
BHP cuts dividend after profit fall. Coles earnings beat estimates. Woodside to walk ‘growth funding tightrope’. Guzman Y Gomez gains after profit beat. Johns Lyng dives on revenue miss. Lovisa trading update disappoints. CBA chief economist steps down.
Why younger savers are ignoring banks
Facing mounting student debts and the cost-of-living grind, younger people are getting savvier on who holds onto their money.
Huge move to slash international students
Australia will reduce its intake of international students at unis and vocational colleges in a bid to strengthen integrity and curb migration.
Original URL: https://www.themercury.com.au/business/companies/page/190