Self-made billionaire Kerry Stokes is retiring from the board of ASX-listed Seven Group Holdings, but the 80 year old will retain a well-paid consultancy role.
Australians in lockdown are sending and receiving parcels in volumes not seen since Christmas, prompting Australia Post to hire thousands more workers and do weekend deliveries.
This month’s national WorldSkills championships was held at satellite sites across Australia following multiple outbreaks of COVID-19 in the eastern states.
Investors punished some share prices after the latest round of earnings reports but it has been what executives have left out that has likely concerned most.
Listed contractor Macmahon Holdings has secured further work at the Tropicana and Telfer mines in Western Australia, with the contracts worth more than $600 million in total.
Mining services company Perenti Global has delivered a solid annual result after dealing with the impact of COVID-19, labour shortages and currency movements.
Andrew Forrest has called on federal regulators to stop JBS Group’s proposed takeover of Huon, one day after the board of the Tasmanian fishing business affirmed its support of the deal.
The state government must cut environmental approval times and rethink its new onshore export ban to make Mark McGowan’s gas-powered manufacturing plans a reality, a report shows.
Shares in Monadelphous Group fell sharply today as the market looked past its strong FY21 profit and focused on the patchy outlook and “unprecedented” labour shortages.
Austal suffered a sharp drop in revenue and underlying earnings in the year to June, on the back of a strengthening Australian dollar, COVID-19 and decreasing support work in the US.
Public submissions have opened for 3 Oceans Property’s revised Scarborough apartments proposal, featuring three towers, the tallest reaching 46 storeys.
Mader Group has largely avoided the labour shortage issues hitting other mining services companies, reporting strong growth in earnings and forecasting more growth this year.
Westfield shopping centres operator Scentre has swung to a half-year profit of $400.4 million as customer traffic rebounded when lockdowns eased in the first half of the year.
Liberals who thought the Cormann factor in local affairs would wane after his move to France have been mistaken, based on the results of a ballot for positions in the Swan division of the party.
West Perth-based human services company APM has appointed Goldman Sachs and Gilbert + Tobin to assess a stockmarket float likely to be worth in excess of $1.5 billion.
