Earnings season
Bank boss tips ‘at least two’ rate cuts this year
As market turmoil threatens to hit economic growth, the Reserve Bank can support the economy through rate cuts, says Bank of Queensland.
- Clancy Yeates
Latest
Robot warehouse logistics bungle hits Myer sales, profits
Myer’s new automated warehouse, which has already been delayed two years, suffered implementation issues that continue to plague the department store.
- Jessica Yun
- Updated
- Qantas
‘Like new’: Qantas announces major upgrade along with $1.4b profit
The airline will pay shareholders its first dividend in six years after revealing a solid half-year profit on the back of robust travel demand.
- Chris Zappone
- Updated
- Coles Supermarkets
Coles cashes in as it steps up value campaigns, picks up sales from Woolies
The nation’s second-biggest supermarket chain benefited from the troubles of its larger rival Woolworths, which saw its earnings plunge after a 17-day worker strike left shelves bare.
- Jessica Yun
Corporate cop eyes WiseTech as billionaire White retakes control
ASIC says it is making preliminary inquiries into WiseTech after a boardroom implosion and allegations against founder Richard White.
- Kate McClymont and Colin Kruger
Woolworths to slash jobs, product ranges in $400m cost-saving drive
The nation’s biggest supermarket chain has suffered a $190 million earnings slump in the latest half after a two-week strike stripped shelves late last year.
- Jessica Yun
Gas giant Woodside fumes over six-year wait for huge extension permit
Australia’s biggest gas producer has hit out at federal permit delays, warning red tape will drive out future investment in critical energy supplies.
- Nick Toscano
- Updated
- Media & marketing
Nine reports advertising, subscriptions growth as it mulls Domain offer
Ad spend is growing at the Nine Network, but the highlight is the strong jump in subscriptions to this masthead and Stan.
- Colin Kruger
- Analysis
- Analysis
Double threat: Trump and China hover over $10b Australian giant
Australia’s largest steelmaker is feeling the heat from US steel tariffs, a glut from China and the collapse of Whyalla Steelworks, so why are its shares soaring?
- Colin Kruger
‘We’re not out of the woods yet’: Kmart owner says rate cut not enough to entice shoppers
Although consumers continue to flock to Kmart in search of better deals, Wesfarmers’ CEO remains cautious.
- Cindy Yin
Original URL: https://www.watoday.com.au/topic/earnings-season-1mlu