AAP Finance

Afterpay surging, but credit inquiry looms

Afterpay is booming, but the company has also defended its risk to consumers ahead of an appearance at a Senate inquiry into buy-now-pay-later companies.

AAP Newswire

Rio Tinto hits iron ore output target

Rio Tinto has shipped 338.2 million tonnes of iron ore from its Pilbara operations, in line with its full-year guidance, up two per cent on the previous year.

AAP Newswire

Rio Tinto hits iron ore output target

Rio Tinto has shipped 338.2 million tonnes of iron ore from its Pilbara operations, in line with its full-year guidance, up two per cent on the previous year.

AAP Newswire

Home loan approvals fell 0.9% in November

Home loan approvals fell by 0.9 per cent in November, and economists say the weakness in the housing market is likely to be felt for some time to come.

AAP Newswire

Rinehart still the richest Aussie

Mining mogul Gina Rinehart retains her spot as Australia’s richest person despite Forbes’ reporting her net worth has fallen $US1.8 billion to $US14.8 billion.

AAP Newswire

AGL halts coal ash sales on metal concerns

AGL has suspended sales of coal ash from its Bayswater and Liddell power stations, while a downgrade from JP Morgan has also seen its share price dip.

AAP Newswire

Coca-Cola signs Pizza Hut to Aussie empire

Beverage giant Coca-Cola Amatil has signed Pizza Hut to a five-year supply deal for its 285 Australian restaurants.

AAP Newswire

Kogan has Merry Xmas despite iPhone slump

A surge in first-half revenue from its exclusive, partner, and in-house mobile brand has helped retailer Kogan.com offset plummeting sales from Apple products.

AAP Newswire

Atlas oyster theft not exactly a pearler

Atlas Pearls says an investigation is ongoing into a security incident at one of its remote pearl farms, though the theft will not hurt its bottom line.

AAP Newswire

Drought frying Farm Pride egg revenue

Farm Pride Foods says it expects the factors placing pressure on trading conditions - namely dry weather and oversupply - won’t to let up any time soon.

AAP Newswire

McDonald’s loses ‘Big Mac’ trademark case

The European Union ruling in favor of Ireland-based fast-food chain Supermac’s allows other companies as well as McDonald’s to use the “Big Mac” name in the EU.

AAP Newswire

Consumer confidence plunges

Worries about house prices, US-China trade tensions, and even the Australian men’s cricket team has pushed consumer confidence 4.7 per cent lower in January.

AAP Newswire

US packager expands on Aust spirit growth

US container supplier Hoover Ferguson is expanding its range in Australia and New Zealand on the back of the burgeoning trans-Tasman wine and spirits industry.

AAP Newswire

15 Jan 2019

Reject Shop bidder wants full Xmas picture

The investment firm circling for a takeover of The Reject Shop is demanding a clearer picture of the company’s Christmas sales performance.

AAP Newswire

15 Jan 2019

Retail Food refutes $100m Crust pricetag

Retail Food Group says while it may sell assets to whittle down debt, the $100 million price tag media reports slapped on its Crust Pizza empire is too high.

AAP Newswire

14 Jan 2019

Kmart sales to drag on Wesfarmers earnings

Wesfarmers expects its half yearly earnings for department stores to be between $385-$400M, and is expected to gain at least $2.1B from its Coles spinoff.

AAP Newswire

14 Jan 2019

Stable Wall Street to reverse ASX sell-off

The ASX’s 20-point dip on Friday is tipped to be reversed when the market reopens after Wall Street and the Eurozone held firm.

AAP Newswire

13 Jan 2019