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Latest news: Company Information

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.

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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

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

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.

Telstra board to reflect on backlash over executive pay

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.

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

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

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

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 rejects bid to help avoid ancient fish extinction

Coles rejects bid to help avoid ancient fish extinction

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

Xero acquires analytics platform Syft for $104 million

Xero acquires analytics platform Syft for $104 million

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.

Red-letter day for AusPost as big rivals dog deliveries

Red-letter day for AusPost as big rivals dog deliveries

Red-letter day for AusPost as big rivals dog deliveries

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

Shipbuilder eyes profit bounty from sovereign naval hub

Shipbuilder eyes profit bounty from sovereign naval hub

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

Lithium stalwart barely breaks even as rout continues

Lithium stalwart barely breaks even as rout continues

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.

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'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.

Miner upbeat on rare earths despite dwindling profit

The biggest producer of rare earths outside China is digging in for the long term despite a slump in annual profit, as volatile prices show signs of improving.

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Gas pipes supply solid cash flow in energy transition

Gas pipeline operator APA has posted a stronger full-year profit amid an expansion and urges more domestic gas production to support an end to coal-fired power.

GYG's first earnings give investors food for thought

Investors ate up better-than-expected sales at fast food chain Guzman Y Gomez, which hit a record high following its first earnings result since going public.

BHP's climate transition 'more than window dressing'

Resources giant BHP has defended the carbon footprint of its mining operations even as demand for traditional commodities and future-facing products expands.

Woodside profits slip as energy prices dip

Australia's largest oil and gas producer, Woodside, has reported lower profits due to falling energy prices but has made progress on key growth projects.

Nib profit growth misses as claims expenses rise

Health insurance company nib has reported a $257.5 million underlying operating profit and a 9.3 per cent rise in group revenue, to $3.3 billion.

Aussie lithium leader digs in as price slump deepens

The world's largest hard-rock lithium producer outside China is preparing to ride out the latest price slump and remains positive about long-term prospects.

Servo chain slams black market tobacco, wage inflation

Servo operator Viva Energy says cost of living pressures and black market tobacco are hitting stores but posted rising fuel sales and a bigger half-year profit.

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