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Latest news: Company Information

Nearing collapse, Star hopes for last-minute bailout

Nearing collapse, Star hopes for last-minute bailout

Star Entertainment Group shares have fallen to a three-week low as the casino company said it anticipates receiving a last-minute bailout offer.

Coles gains on Woolies, grabs sales during rival's woes

Coles gains on Woolies, grabs sales during rival's woes

Coles gains on Woolies, grabs sales during rival's woes

Coles gains on Woolies, grabs sales during rival's woes

Coles estimates it scored $120 million in extra sales during a 17-day strike by Woolworths workers, as it announces superior sales growth than its big rival.

Billionaire founder retakes control of his $32b company

Billionaire founder retakes control of his $32b company

Billionaire founder retakes control of his $32b company

Billionaire founder retakes control of his $32b company

Richard White has been named executive chairman of WiseTech Global, four months after stepping down as CEO amid an inquiry into his conduct.

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Domino's shares battered as store closures hit profits

Domino's shares battered as store closures hit profits

Domino's Pizza's Australian boss has promised improved profitability after the fast food chain shuttered hundreds of under-performing stores across its network.

Origin bets on gas and batteries to keep the lights on

Origin bets on gas and batteries to keep the lights on

Leading energy retailer Origin Energy says it is "well-placed" to benefit from the energy transition as it bets on big batteries to help keep the lights on.

AGL slams nuclear option, doubles down on big batteries

AGL slams nuclear option, doubles down on big batteries

Australia's biggest emitter AGL Energy will build "a whole range of assets", but not nuclear reactors, to support the closure of 50-year-old coal power plants.

Top clothing chains to close, shedding hundreds of jobs

Top clothing chains to close, shedding hundreds of jobs

More than 250 outlets of two leading retail chains will close, costing nearly 1000 jobs, after receivers failed to find a buyer for the stores.

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Tax issue a 'dark cloud in my life' says resources boss

Tax issue a 'dark cloud in my life' says resources boss

Tax issue a 'dark cloud in my life' says resources boss

Tax issue a 'dark cloud in my life' says resources boss

Mineral Resources managing director Chris Ellison has told shareholders he "can't stress enough how much I hate what I've done" regarding a personal tax issue.

Another 300 jobs to go as low prices close lithium mine

Another 300 jobs to go as low prices close lithium mine

Another 300 jobs to go as low prices close lithium mine

Another 300 jobs to go as low prices close lithium mine

Another lithium mine has been shuttered as Mineral Resources looks to preserve cash, joining the ranks of firms trying to survive the battery mineral's slump.

ANZ profit falls as mortgage wars hit big four banks

ANZ profit falls as mortgage wars hit big four banks

ANZ profit falls as mortgage wars hit big four banks

ANZ profit falls as mortgage wars hit big four banks

The ANZ bank has joined the rest of the big four in recording a fall in annual profit, as a result of ongoing mortgage competition and high inflation.

Home loans boost Macquarie as profit disappoints

Home loans boost Macquarie as profit disappoints

Home loans boost Macquarie as profit disappoints

Home loans boost Macquarie as profit disappoints

Weaker commodities and markets revenues have hurt profits at financial services group Macquarie but its growing mortgage book has paid dividends.

Aussies willing to visit eight shops for groceries

Aussies willing to visit eight shops for groceries

Aussies willing to visit eight shops for groceries

Aussies willing to visit eight shops for groceries

The cost-of-living crunch is motivating more Aussies to shop around but it hasn't halted Coles sales growth, up 2.9 per cent in the first quarter.

CBA chair says ethical principles will govern AI use

CBA chair says ethical principles will govern AI use

CBA chair says ethical principles will govern AI use

CBA chair says ethical principles will govern AI use

Commonwealth Bank has the "best, most capable people" working on the use of artificial intelligence in its business, chairman Paul O'Malley says.

Origin Energy defends complex switch to renewables, gas

Origin Energy defends complex switch to renewables, gas

Origin Energy defends complex switch to renewables, gas

Origin Energy defends complex switch to renewables, gas

As China pushes for cheaper Australian LNG, shareholders of energy retailer and east coast gas producer Origin Energy have been warned of a "messy" transition.

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Telstra board to reflect on backlash over executive pay

A significant number of Telstra shareholders voted against the telco's remuneration report, in part because of issues related to its enterprise division.

Boeing to cut 17,000 jobs and delay first 777X delivery

Boeing says it will lay off 10 per cent of its employees as a strike by factory workers cripples plane production.

Coles rejects bid to help avoid ancient fish extinction

Coles shareholders have been told the supermarket giant won't support their efforts to protect an ancient, imperilled species from the effects of fish farming.

Xero acquires analytics platform Syft for $104 million

Accounting software business Xero hit its highest price since 2022 after announcing the $A104 million acquisition of cloud-based reporting platform Syft.

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Red-letter day for AusPost as big rivals dog deliveries

Australia Post expects dog attacks to reduce as a fleet of stealthy electric delivery vehicles grows, but warns of more work to be done to turn a profit.

Shipbuilder eyes profit bounty from sovereign naval hub

Defence contractor Austal looks forward to busier Australian shipyards after returning to profit and settling a fraud investigation in the United States.

Budget bliss as Kmart brand helps bag Wesfarmers profit

Australian conglomerate company Wesfarmers has lifted its profit by 3.7 per cent on the previous year as consumers snapped up affordable products at Kmart.

Lithium stalwart barely breaks even as rout continues

The world's largest hard-rock lithium mine has kept critical minerals producer IGO in the black, bankrolling a smaller dividend and offsetting nickel woes.

'Not a fun time': Mineral Resources annual profit drops

Mineral Resources is "throwing everything off the deck" to ride out the lithium price slump, after its full-year profit fell by more than half.

Fortescue 'doubling down' on green iron despite leaks

Mining giant Fortescue pledges to create a green metals industry grounded in Australian ore and renewable energy, after pulling back on championing hydrogen.

It's bad news for Nine as profits plunge amid cost cuts

The fractured advertising market continues to hit media revenues with Nine Entertainment full-year profits falling almost a third to $134.9 million.

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