There’s a quiet revolution at the top of Qantas
A financially strong airline is good for customers, just as much as investors. And one subtle change from the Joyce-era has big implications over how Qantas is run.
Breaking News
Qantas bets on big refresh ahead of looming Virgin-Qatar battle
Qantas has revealed how it plans to refresh a tired domestic fleet with just 28 new aircraft on order, as CEO Vanessa Hudson delivered another bumper profit.
Coles in giant leap over rival
Coles boss Leah Weckert is harnessing the benefits of its $2bn-plus investment in supply chain infrastructure to trump supermarket rival Woolworths.
Gupta’s $500m Whyalla creditor claim
Sanjeev Gupta’s claim his company is owed $500m has landed just as the corporate regulator revealed its own probe into the tycoon’s GFG Alliance.
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St Barbara vows to fight $200m tax bill, PNG fraud claims
St Barbara boss Andrew Strelein has accused authorities in Papua New Guinea of errors in law after the gold miner was hit with a Christmas Eve tax bill of more than $200m.
Goldman Sachs gives Foxtel deal the tick of approval
News Corp will have a stronger earnings profile and be better focused on its digital property growth drivers following the sale of Foxtel to DAZN, Goldman Sachs says.
ASX 200 rises after RBA minutes; St Barbara tanks
Domestic shares closed higher after the release of minutes from the RBA’s last meeting for 2024, which received some support from the IMF overnight. SBM hit with PNG tax bill.
Wages growth cooling faster than expected: RBA
The central bank says wages growth is slowing, with labour supply more abundant than anticipated, as it becomes more optimistic a rate cut could be on the horizon.
RBA’s major clue on next rates decision
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Aussies set to rack up insane credit card debt
Cost of living pressures are causing Aussies to turn to credit this festive season, which experts predict could take years to pay back.
Sports streamer DAZN buys Foxtel in blockbuster $3.4bn deal
New ownership for subscription giant Foxtel and its hit brands Kayo and BINGE is set to shake up Australia’s media and sport landscape.
Ray of hope emerges for Aussie economy
A new outlook has forecast the Australian economy is on a “narrow path to a soft landing” and is tipped to improve next year – but there’s a major catch.
Cashed-up state twists the knife
WA’s government says it can afford to invest in roads, ports and infrastructure even as it maintained a conservative position on iron ore price projections that boost its bottom line.
ASX finishes strongly, led by banks
The sharemarket closed 1.7 per cent higher, with gains across the board, led by the heavyweight financial sector. News Corp found strong support after its mega $3.4bn Foxtel deal.
Original URL: https://www.weeklytimesnow.com.au/agribusiness/breaking-news/page/198