Perth-based agribusiness Wellard has warned the market of yet another profit downgrade, its third since February, with the Perth-based agribusiness now expecting a $15 million net profit at best.
Energy giant Santos will take an impairment charge of $US1.5 billion ($A2 billion) against the carrying value of its Gladstone liquefied natural gas project in Queensland.
Slowing residential construction has claimed more scalps, with the flow-on effects likely to have negative repercussions for the affordability of new housing.
SPECIAL REPORT: Small businesses have taken a hit as confidence drops and the economy slows, but there are a few things governments can do to begin to alleviate the pain.
Gold has turned slightly lower as the US dollar pared losses, with investors grabbing profits after the metal jumped more than one per cent following unexpectedly flat US retail sales data.
Oil has risen two per cent, clinching its biggest weekly gains since April, after a short covering rally was triggered by comments from Saudi Arabia's oil minister in the previous session about possible action to help stabilize the market.
With five decades of experience in the banking and corporate sectors, there was no shortage of issues to be discussed when Tony Howarth sat down to lunch with Business News at the newly reopened Julio’s restaurant.
A move towards usage of blockchains, the engine behind bitcoins, in the energy sector could have benefits for poles and wires operators as the industry faces increasing disruption, according to a proponent.
In this Business News podcast Mark Pownall and Mark Beyer discuss Brendon Grylls, Ritz-Carlton sale, women directors, digital disruption and small business.
LWP Property Group has launched two new land estates in Perth’s southern suburbs, shrugging off slowing market conditions that are forcing other developers to look interstate.
The challenges of motherhood were the inspiration behind Adventure Snacks founder and Perth resident Tracey Davidson’s decision to start her own small business, and she’s part of a long-term growing trend of women who are doing so.
The share market has closed only modestly higher, despite US markets hitting record levels overnight, weighed down by weakness from market heavyweights Westpac and Telstra.
Australia's Campbell sisters have both missed the medals in the Olympic 100-metre freestyle final, with Bronte finishing fourth and Cate sixth, but the nation's quad rowers took home silver.
Uber drivers using the service as a supplementary income should declare it to their primary employer, according to Minter Ellison partner Kathy Reid, after a driver who had worked during sick leave lost an unfair dismissal claim.
An aperitif used for medicinal purposes in the early 1500s has been given a 21st century twist with the release of Burch Family Wines' Howard Park Vermouth.
Former federal Liberal MP Sophie Mirabella has found a new career after last month's second consecutive election defeat - working in mining with Gina Rinehart.
Apartment developer Finbar Group has unveiled plans to build a three-tower residential complex in Applecross, with the project expected to fetch $350 million.
The Australian dollar has slipped against the greenback on rising expectations that US interest rates will go up later this year, and ahead of key Chinese and US data.
Oil prices have jumped the most in a month rising more than four per cent after comments from the Saudi oil minister about possible action to stabilize prices triggered a round of buying and the International Energy Agency forecast crude markets would tighten in the second half of 2016.
