AAP Finance

RBA waiting for twin rate cuts to play out

The RBA has reiterated its desire to weigh the effect of its cash rate cuts after considering the impact of unconventional monetary policy elsewhere.

AAP Newswire

8 minutes ago

Finance

Estia Health profit flat in challenging FY

Estia Health made $41.3 million in profit in FY19, a year that executives say was one of the most difficult ever for the aged care sector.

AAP Newswire

30 minutes ago

Finance

Zip Co on a global march with PartPay buy

Zip Co shares have climbed nearly 10 per cent on the acquisition of NZ-based credit platform PartPay.

AAP Newswire

1 hour ago

Finance

Zip Co on a global march with PartPay buy

Zip Co shares have climbed nearly 10 per cent on the acquisition of NZ-based credit platform PartPay.

AAP Newswire

1 hour ago

Finance

Oil Search HY profit doubles to $239m

Oil Search’s profit has more than doubled but CEO Peter Botten won’t go into details about talks with PNG officials to renegotiate a crucial gas agreement.

AAP Newswire

2 hours ago

Finance

ANZ: new exposure rule may hit NZ arm

ANZ says APRA’s move to limit the banks’ exposure to their units risks the lender’s ability to inject capital into ANZ New Zealand.

AAP Newswire

3 hours ago

Finance

Kogan lifts FY profit 21.9% to $17.2m

Online retailer Kogan has lifted full-year profit 21.9 per cent to $17.2 million and says sales are still increasing.

AAP Newswire

4 hours ago

Finance

Confidence crumbles on bleak outlook: ANZ

A weekly consumer confidence survey from ANZ and Roy Morgan suggests a slump in sentiment about the Australian economy during the next five years.

AAP Newswire

4 hours ago

Finance

Seek triples full-year profit to $180m

Online jobs listing company Seek says it has more than tripled its full-year profit to $180 million despite a dip in ads on its Australian website.

AAP Newswire

5 hours ago

Finance

Sorbent maker Asaleo back in the black

Asaleo Care, which distributes brands such as Sorbent and Libra, says it has returned to profit.

AAP Newswire

5 hours ago

Finance

Seven to ‘sweat assets’ after $445m loss

Seven West has reported a $444.5 million full-year loss on the back of another set of massive media-related writedowns.

AAP Newswire

5 hours ago

Finance

Tassal lifts FY profit, flags prawn plans

Salmon farmer Tassal has lifted its full-year profit 2.0 per cent to $58.4 million and has flagged a suite of measures to grow its prawn business.

AAP Newswire

6 hours ago

Finance

BHP misses on profit, pays record dividend

BHP’s underlying profit has narrowly fallen short of expectations, dropping by 2.0 per cent to $9.46 billion, though the miner will pay a record final dividend.

AAP Newswire

6 hours ago

Finance

More advertisers pull out over Jones rant

Koala Mattress, Anytime Fitness and Volkswagen Australia are the latest big-name brands to cut ties with Alan Jones’ radio show

AAP Newswire

23 hours ago

Finance

Saracen profit up, to pay first dividends

Saracen Minerals will pay its first-ever dividends in fiscal 2020 after reporting record full-year profit of $92.5 million, up 22 per cent.

AAP Newswire

19 Aug 2019

Finance

Beach shares rise after FY profit surge

Beach Energy shares have jumped as much as 7.2 per cent after the oil and gas producer nearly tripled its profit and raised its five-year production guidance.

AAP Newswire

19 Aug 2019

Finance

Lendlease to sell off engineering division

Lendlease Group aims to sell its engineering and services unit after reporting a 41 per cent fall in full-year profit.

AAP Newswire

19 Aug 2019

Finance

Westpac sees more missed mortgage payments

Westpac says the overall percentage of mortgages about three months overdue was up eight basis points over the third quarter to 0.9 per cent.

AAP Newswire

19 Aug 2019

Finance

BlueScope confirms $1b US mill expansion

BlueScope Steel, which has held its final dividend despite a 35 per cent drop in full-year profit to $1.02 billion, has confirmed it will expand its US mill.

AAP Newswire

19 Aug 2019