Seven West Media’s huge profit slump
An Australian media giant has posted a huge slump in profit but says it is making “solid progress” under a new operating structure.
Companies
‘Stand up’: Turnbull’s Trump advice to PM
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
Push for Albo to protect Aussies from Trump tariffs
Anthony Albanese is under pressure to protect Australia from a 25 per cent tax on all steel and aluminium imports being proposed by US President Donald Trump. See what it means.
Blue steel: Australia gets a ticket to Trump’s trade war
The promise of sweeping steep steel tariffs is set to deliver the first big test for Anthony Albanese’s relationship with the White House in the Trump 2.0 era.
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Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Major bank to axe up to 600 jobs
A major bank is poised to axe up to 600 jobs, following on from similar action that brought on 250 job cuts just last year.
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.
ASX 200 rises; Judo top gainer; Yancoal leads declines
Inflation will be ‘slow to decline’: RBA minutes. Dexus sinks on FY25 distribution warning. Ansell’s result better than expected. Judo tops expectations. Reliance results ‘operationally strong’. Yancoal slumps on weak first-half. Baby Bunting, Monadelphous gain.
‘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.
Wagners weigh into green jet fuel industry
The Queensland family best known for building an airport in under two years has turned its attention to sustainable aviation fuel.
Clash over $3bn hit to Australia’s bottom line
Federal spending has been put into the spotlight following the dramatic drop of iron ore prices due to weakened demand from China.
China news we didn’t want to hear
The unsteady future of former cash cow iron ore has transfixed Australians for more than a year. But now reality has finally hit. Hard.
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.
Original URL: https://www.themercury.com.au/business/companies/page/195