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Latest news: Company Information

BlueScope backs Port Kembla steelworkers amid downturn

BlueScope backs Port Kembla steelworkers amid downturn

A major steelmaker warns of tough conditions as it braces for rising electricity, gas and labour costs amid a stubbornly soft home building market.

Servo chain Ampol slashes dividend, fuel volumes fall

Servo chain Ampol slashes dividend, fuel volumes fall

Servo chain Ampol slashes dividend, fuel volumes fall

Servo chain Ampol slashes dividend, fuel volumes fall

Energy company Ampol has slashed its interim dividend on lower fuel volumes, tanking its share price, but signalled a return to normal at its refinery.

Telstra open to Foxtel Group sale, profit drops 12.8%

Telstra open to Foxtel Group sale, profit drops 12.8%

Telstra open to Foxtel Group sale, profit drops 12.8%

Telstra open to Foxtel Group sale, profit drops 12.8%

Telstra CEO Vicki Brady has cautioned that News Corp's decision making around selling Foxtel, of which the telco owns 35 per cent, was in its early stages.

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Origin Energy eyes gas imports, longer life for Eraring

Origin Energy eyes gas imports, longer life for Eraring

Electricity and gas giant Origin Energy warns Australia will need to import gas to meet domestic demand and taxpayers may have to pay to burn coal for longer.

Profits plummet at Kerry Stokes' Seven West Media

Profits plummet at Kerry Stokes' Seven West Media

As Seven West Media contends with allegations of a toxic workplace culture at its television network, profits plunge 69 per cent to $45 million.

Transition 'well under way' as AGL rejects nuclear push

Transition 'well under way' as AGL rejects nuclear push

Energy giant AGL has posted a stellar profit on higher power prices, taking the lead in the transition and dismissing nuclear as too costly and too late.

Broadband speed boosts slow NBN Co's path to profit

Broadband speed boosts slow NBN Co's path to profit

More copper connections have been replaced with faster fibre over the past year, NBN Co has revealed, but the broadband boost proved expensive.

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News Corp flags potential Foxtel buyer, rise in revenue

News Corp flags potential Foxtel buyer, rise in revenue

News Corp flags potential Foxtel buyer, rise in revenue

News Corp flags potential Foxtel buyer, rise in revenue

Foxtel could change hands with owner News Corp revealing a potential suitor for the pay-TV operator along with a rise in revenue for the American conglomerate.

Property market picking up in smaller capital cities

Property market picking up in smaller capital cities

Property market picking up in smaller capital cities

Property market picking up in smaller capital cities

REA Group's CEO says property listings in Melbourne and Sydney might marginally decline in 2024/25, but Brisbane, Adelaide and Perth are showing growth.

QBE doubles half-year net profit to $US802 million

QBE doubles half-year net profit to $US802 million

QBE doubles half-year net profit to $US802 million

QBE doubles half-year net profit to $US802 million

Insurance group QBE has announced an almost two-fold improvement in its first-half profit on higher premiums and favourable investment returns.

AMP shares surge on 'transformational' advisor deal

AMP shares surge on 'transformational' advisor deal

AMP shares surge on 'transformational' advisor deal

AMP shares surge on 'transformational' advisor deal

The once-mighty financial services company AMP has announced a "transformational" joint venture for the loss-making advice division.

Property giant Mirvac warns of 'challenging' conditions

Property giant Mirvac warns of 'challenging' conditions

Property giant Mirvac warns of 'challenging' conditions

Property giant Mirvac warns of 'challenging' conditions

Mirvac is investing in build-to-rent apartments and industrial sites as it slashes the value of high-rise offices and warns of ongoing challenging conditions.

Call for Woodside to extract more value, not more gas

Call for Woodside to extract more value, not more gas

Call for Woodside to extract more value, not more gas

Call for Woodside to extract more value, not more gas

Woodside Energy is under fire for its management of climate risk and capital as activist investors slam recent "high-cost, high-emission" acquisitions.

Rio Tinto 'open' to nuclear energy, profit flatlines

Rio Tinto 'open' to nuclear energy, profit flatlines

Rio Tinto 'open' to nuclear energy, profit flatlines

Rio Tinto 'open' to nuclear energy, profit flatlines

Rio Tinto says it wants to find better ways to provide the materials the world needs but warns decarbonisation has "a long way to go".

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Aussie founders combine to supercharge AI design tools

Two fast-growing Aussie tech firms are joining forces to bring breakthroughs in generative artificial intelligence and design to experts and beginners alike.

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 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

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

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

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

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

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

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

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

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

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