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The Latest News from company information

Warning to Aussie firms on mandatory climate reporting

Warning to Aussie firms on mandatory climate reporting

A survey of climate change strategies and disclosures of Australia's top 200 companies has found their plans need to be credible and backed by science.

Macquarie reports subdued earnings, shares slide

Macquarie reports subdued earnings, shares slide

Macquarie reports subdued earnings, shares slide

Macquarie reports subdued earnings, shares slide

Macquarie is taking a cautious stance and conservative approach to capital in 2024/25, as it looks forward to the opening of its new global HQ in Sydney.

Woodside to be 'global LNG powerhouse' after $1.4b deal

Woodside to be 'global LNG powerhouse' after $1.4b deal

Woodside to be 'global LNG powerhouse' after $1.4b deal

Woodside to be 'global LNG powerhouse' after $1.4b deal

Australia's Woodside Energy has agreed to buy the US developer of an under-construction LNG project in the Gulf of Mexico for $US900 million.

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'Gutted like a fish': Forrest on Fortescue job losses

'Gutted like a fish': Forrest on Fortescue job losses

Andrew Forrest says the Fortescue Group will continue to pursue its green hydrogen plan despite slashing 700 jobs in a bid to cut costs.

Well-known Aussie wine brands offloaded by French owner

Well-known Aussie wine brands offloaded by French owner

Pernod Ricard has sold most of its portfolio of international wine brands, including Australia's Jacob’s Creek, Orlando and St Hugo, to a consortium.

Myer looks to expand with Just Jeans, Jay Jays purchase

Myer looks to expand with Just Jeans, Jay Jays purchase

Department store Myer has proposed to acquire brands including Just Jeans from Premier Investments in an audacious expansion of its clothing retail business.

Graincorp half-year profit falls 75pc to $50 million

Graincorp half-year profit falls 75pc to $50 million

Graincrop has had a "resilient" six months given falling grain prices and poor growing conditions in the northern half of eastern Australia.

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Industry rebuffs calls to slash fossil fuel subsidies

Industry rebuffs calls to slash fossil fuel subsidies

Industry rebuffs calls to slash fossil fuel subsidies

Industry rebuffs calls to slash fossil fuel subsidies

Fossil fuel subsides are increasing and undermining Australia's climate efforts, a think tank says, but energy producers insist they're paying plenty of tax.

Refineries pumped on high-value, ultra-low sulphur fuel

Refineries pumped on high-value, ultra-low sulphur fuel

Refineries pumped on high-value, ultra-low sulphur fuel

Refineries pumped on high-value, ultra-low sulphur fuel

Upgrades are on track for producing ultra-low sulphur fuel suitable for the latest European and American cars, an Australian refiner says.

Warning for Australia as China 'weaponises' rare earths

Warning for Australia as China 'weaponises' rare earths

Warning for Australia as China 'weaponises' rare earths

Warning for Australia as China 'weaponises' rare earths

A potentially globally significant Australian rare earths producer has criticised China for "weaponising" the market and holding back vital western development.

Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto faces 'biggest test' since Juukan Gorge

Rio Tinto is on the hook for water use and what has been described as the biggest test of its reputation since the destruction of ancient Juukan Gorge shelters.

Coles credits Pokemon with lifting supermarket sales

Coles credits Pokemon with lifting supermarket sales

Coles credits Pokemon with lifting supermarket sales

Coles credits Pokemon with lifting supermarket sales

Coles has recorded a 5.1 per cent rise in supermarket sales over the past three months, a boost it attributed in part to a popular collectibles campaign.

Origin Energy LNG revenue soars, Eraring's future open

Origin Energy LNG revenue soars, Eraring's future open

Origin Energy LNG revenue soars, Eraring's future open

Origin Energy LNG revenue soars, Eraring's future open

Origin Energy's revenue from liquefied natural gas on higher volumes and prices surged in the March quarter, as talks continue over keeping Eraring burning.

Tabcorp CEO resigns after alleged offensive comment

Tabcorp CEO resigns after alleged offensive comment

Tabcorp CEO resigns after alleged offensive comment

Tabcorp CEO resigns after alleged offensive comment

Tabcorp chief Adam Rytenskild says he doesn't remember making the alleged comment but is stepping down immediately.

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Myer names ex-Qantas exec Olivia Wirth as its next CEO

The former chief executive of Qantas Loyalty will become the next Myer chief executive when current CEO John King retires in June.

Aussie green bank stumps up millions for future lithium

An emerging battery minerals producer will get $550 million to ride out a market slump and finish developing one of the world's best lithium deposits.

Crown to cut almost 200 jobs amid post-Packer review

Casino and resort giant Crown will slash nearly 200 jobs as it reviews the business, with most of the cuts coming from Melbourne.

Big end of town ready but push back on climate regime

Most directors are worried about climate change risks but could get extra time to prepare for more thorough financial disclosure and transition planning.

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Falling letters, shop traffic weighs down Aust Post

Australia Post may have to shrink its retail network as falling foot traffic and low letter activity threatens the service's financial viability.

Sales, dividend down as retail slump hits Harvey Norman

Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.

Coles CEO defends making profit, says competition tough

Coles Group chief executive Leah Weckert says the supermarket chain earns less than $3 for every $100 spent in its stores, and its profit has dropped.

Woodside under the pump on climate risk as profit falls

Critics say Woodside Energy's carbon reduction plans are "meaningless" as the oil and gas giant expands to meet decades of demand expected for Australian LNG.

Rare earths leader Lynas warns govt on nickel fallout

Lynas Rare Earths commits to working with Australian and United States governments on developing sovereign supplies during a period of "sustained low pricing".

Iron ore strength bankrolls emission-busting Fortescue

High prices and loyal Chinese demand for Fortescue Group's iron ore has delivered a stellar profit and cash pile to bankroll ambitious emission-busting plans.

Medibank half-year profit up 16pct on non-resident gain

Health insurer Medibank Private has reported a 16 per cent rise in first-half profit and claims customer growth has recovered from its 2022 cyber attack.

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