Navitas has reported a 14.4 per cent decrease in profit for the half year to December, as expenses related to BGH Capital’s first takeover bid hit the company’s bottom line.
National Australia Bank chief executive Andrew Thorburn says he is "more determined than ever" to lead the bank despite strong criticism from Kenneth Hayne in his final royal commission report.
The current and former prime ministers agree they waited too long to call the banking royal commission but the treasurer says it's time to look forward, not back.
Australian shares are rallying at midday lead by the big four banks, with investors seemingly relieved that the financial services royal commission had not recommended harsher measures.
Oil prices fell overnight after disappointing US factory data sparked fresh concerns about a slowdown in the global economy, but losses were limited as OPEC-led supply cuts and US sanctions against Venezuela pointed to lower supplies.
Wall Street has gained on Monday, with all three major indexes closing near session highs as sustained optimism on the prospects for US-China trade relations propelled technology shares.
One of Perth’s most prominent fashion designers has announced the closure of an internationally successful label, but hinted at plans for something big in the pipeline.
Financial stocks have given the Australian share market a surprising lift despite the sector bracing for the fallout from a landmark misconduct inquiry.
The banking sector has been told it "must change forever" for forcing the Australian community to pay an immense financial and emotional price over many years.
Three junior miners are undertaking capital raisings, with Amani Gold set to raise at least $3.7 million, Hot Chili $3.2 million, and $3 million for Capricorn Metals.
King & Wood Mallesons, which ranks as the fourth largest law firm in WA, has expanded its local office with two lateral hires, Carl Black and Sam Dundas.
The two main operators at Fremantle Ports container terminal look set to stay until at least 2026, with the state government flagging discussions about infrastructure for container movements into the port to be a key priority in its negotiations.
SPECIAL REPORT: Elections always bring uncertainty for business, but in 2019 the difference between the major parties is among the starkest in decades.
ASX-listed Heron Resources has received a claim from CIMIC Group subsidiary, Sedgman, for $49.9 million in extra costs for works at its flagship Woodlawn zinc-copper project in New South Wales.
Data Exchange Network's share price has plunged, after it announced cost blowouts for the construction of two data centres and the resignation of its founder as chief executive.
The corporate watchdog has told Commonwealth Bank of Australia's financial planning unit to stop charging customers with fees after failing to meet its obligations from the fees-for-no-service scandal.
Henderson-based shipbuilder Austal has increased its full-year revenue projections to $1.9 billion, thanks partly to better-than-expected procurement levels from the US Navy for its littoral combat ships.
Australian shares are in positive territory at midday after stocks in the four major banks gained, shaking off concerns about the release of the financial services royal commission on Monday afternoon.
Oil prices rose about 3 per cent on Friday on upbeat US jobs data and signs that US sanctions on Venezuelan exports have helped tighten supply, then extending gains after weekly data showed U.S. drillers cut the number of oil rigs.
Gold slipped on Friday, weighed down by robust US jobs data, but remained on course for a second week of gains buoyed by the US Federal Reserve's signal that it would pause its interest rate hikes.
Wall Street ended mixed on Friday, as optimism from a surge in January US job growth was offset by a weaker-than-expected outlook from Amazon.com that battered retail stocks.
Gage Roads Brewing’s Single Fin Summer Ale has propelled the Palmyra-based brewer to a quarter of solid growth, after the brew was named the nation’s fastest-growing beer brand late last year.
PODCAST: Mark Pownall and Mark Beyer discuss house prices, RCR sell-off, Zhenya Tsvetnenko, Optus Stadium, lithium strategy, big miners back Indigenous campaign, The Simpsons, and our special report on the big risks to WA.
The Perth Mint is injecting some fun into the world of bullion investing by releasing a new range of collectable coins featuring none other than The Simpsons.
