Gold miner Northern Star Resources has increased its dividend payout after confirming a 65 per cent jump in full-year profit, on the back of higher gold prices and a reduction in costs.
Fortescue Metals Group has hoisted its final dividend to a record high after a partial rebound in iron prices and lower costs helped the Pilbara miner more than treble full-year profit.
Woolworths is overhauling its loyalty program less than a year after the unpopular revamp that introduced orange tickets and prompted complaints from customers.
Oil prices has settled steady to higher, with US crude posting its biggest weekly gain since March after surging nearly 25 per cent in a little over two weeks, a rally analysts caution is not justified by fundamentals.
Gold has fallen more than one per cent, snapping a four-day streak of gains following conflicting signals from US Federal Reserve officials on the timing of a possible rate hike, but was still on track for its second straight week higher.
Time to bury ‘trickle-down economics’Halting Donald Trump-style political revolts in modern democracies means delivering inequality-busting economic reform such as infrast
In this Business News podcast Mark Pownall and Mark Beyer discuss Alannah Mactiernan, Richard Sellers, what’s behind our resources company results, Perth’s liveability and our changing power and energy markets.
Padbury Mining directors Gary Stokes and Terry Quinn have each been fined $25,000 and banned from being company directors for three years after the Federal Court found their announcement of a $6 billion funding deal for the Oakajee port and rail project was misleading and deceptive.
Australian competitors have won two silver medals in sailing and a bronze in the canoeing on day 13 of the Rio Olympics, which has kept the Aussie team at 10th spot on the medal tally.
Scitech will relocate to the Perth Cultural Centre after almost three decades at its current City West home, a move expected to complement the $428 million new museum complex scheduled to open in 2020.
Santos will not pay a dividend after plunging to a $US1.1 billion ($A1.4 billion) half-year loss on the back of lower oil prices and a large impairment against its massive new LNG project.
Ratings agency Moody's has downgraded the outlook for Australia's banking system, warning that a challenging environment could hit banks' bottom lines and leave them more at risk to external shocks.
Strong demand for new apartments and office buildings has helped Lendlease deliver a 13 per jump in annual profit, and it says it has a growing pipeline of projects.
Western Australia’s iron ore exports and liquefied natural gas projects are the state’s key economic drivers and make an important contribution to the nation.
Automotive Holdings Group has announced plans to raise up to $110 million from investors and purchase two car yards on the east coast, on the same day it revealed an increase in full-year profit.
Medibank Private's annual profit has risen by 46.4 per cent to $417.6 million, but the health insurer says it needs to offer better value to customers.
Gold has risen, buoyed by a weaker US dollar after minutes from the US Federal Reserve's July meeting showed policymakers were divided over whether to raise interest rates soon.
Oil prices have risen for a sixth straight day, with Brent crude rising above $US50 for the first time in six weeks as the world's biggest producers prepared to discuss a possible freeze in production levels.
Morrison mulls super cap retreatGovernment plans to limit lifetime non-concessional superannuation contributions to $500,000 are unravelling, with Treasurer Scott Morrison
Pankaj and Radhika Oswal are close to settling their legal battle with ANZ Banking Group, but are unlikely to end up with the $1.5 billion to $2.5 billion they wanted.
Britain's vote to leave the EU may have caused anxiety for some, but the flurry of trade that followed gave the Australian Securities Exchange a boost to its bottom line.
