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Sydney Airport has swiftly rejected a revised takeover bid by an expanded group of infrastructure investors, saying the new offer still undervalues the company.
Financial services giant AMP has posted a 28 per cent drop in first-half net profit after weaker performances at its main wealth management and AMP Capital businesses.
Commonwealth Bank has announced a $6 billion share buyback and lifted dividends after improving economic conditions helped it post a robust rise in full-year profit.
Western Australia will consider legislating its net zero emissions target but the premier has dismissed calls to rule out new major oil and gas projects.