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Latest news: Earnings

Wesfarmers posts $1.5b first-half profit

Wesfarmers posts $1.5b first-half profit

Wesfarmers has continued to grow sales in all but two of its divisions, as it prepares to wind up loss-making Catch.

Fortescue profit slumps on weak iron ore prices

Fortescue profit slumps on weak iron ore prices

Fortescue profit slumps on weak iron ore prices

Fortescue profit slumps on weak iron ore prices

China's struggling property sector continues to weigh on big miners, with Fortescue profits down more than 50 per cent.

Telstra hikes dividend, announces $750m share buy-back

Telstra hikes dividend, announces $750m share buy-back

Telstra hikes dividend, announces $750m share buy-back

Telstra hikes dividend, announces $750m share buy-back

Telstra says it made $1.1 billion in profit in the six months to December 31, up 7.1 per cent from the same period in 2023.

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Santos cuts dividend, says Barossa project nearly done

Santos cuts dividend, says Barossa project nearly done

Santos says its $5.7 billion offshore gas project north of Darwin that was disrupted by a court challenge from three Tiwi Islanders, is nearing completion.

BHP trims dividend to 8-year low amid weak China demand

BHP trims dividend to 8-year low amid weak China demand

BHP will pay shareholders an interim dividend of $A78 cents per share, down from $A1.13 per share a year ago, after a 23 per cent profit drop.

Slimmed down Lendlease posts first profit in two years

Slimmed down Lendlease posts first profit in two years

Lendlease has made a statutory profit of $48 million in the first half, compared with a $136 million loss a year ago.

AMP's first-half profit falls 43pct to $150 million

AMP's first-half profit falls 43pct to $150 million

AMP shares have dropped by double digits after the wealth manager announced it made a $150 million first-half profit, down from $265 million a year ago.

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Comm Bank hikes dividend as shares hit all-time high

Comm Bank hikes dividend as shares hit all-time high

Comm Bank hikes dividend as shares hit all-time high

Comm Bank hikes dividend as shares hit all-time high

Australia's leading bank has delivered a $5.1 billion first-half cash net profit, in what analysts have called a "gravity-defying rally".

Drop in immunisation rates hits vaccine-maker's revenue

Drop in immunisation rates hits vaccine-maker's revenue

Drop in immunisation rates hits vaccine-maker's revenue

Drop in immunisation rates hits vaccine-maker's revenue

Sales of CSL's flu vaccines were down by double digits in the first half amid a fall in immunisation rates since the COVID-19 pandemic.

JB Hi-Fi group sales nudging double-digit growth

JB Hi-Fi group sales nudging double-digit growth

JB Hi-Fi group sales nudging double-digit growth

JB Hi-Fi group sales nudging double-digit growth

Sales at JB Hi-Fi and its The Good Guys and e&s brands climbed 9.8 per cent to $5.7 billion in the six months to December 31.

Aussie property market healthiest in years: REA boss

Aussie property market healthiest in years: REA boss

Aussie property market healthiest in years: REA boss

Aussie property market healthiest in years: REA boss

REA Group chief executive Owen Wilson says there are a lot of buyers and sellers of Australian property right now in anticipation of rate cuts.

Witches, pop star's memoir drive up News Corp revenue

Witches, pop star's memoir drive up News Corp revenue

Witches, pop star's memoir drive up News Corp revenue

Witches, pop star's memoir drive up News Corp revenue

News Corp shares have hit an all-time high after posting five per cent revenue and 20 per cent earnings growth in the second quarter.

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC franchisee takes hit as costs eat into profit

KFC and Taco Bell franchisee Collins Foods says its underlying profit was down by nearly a quarter in the first half.

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.

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Westpac's profit dips to $7b as mortgage stress eases

Westpac has posted an annual profit of $7 billion and lifted its final dividend, in Peter King's last financial result as chief executive.

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

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.

Myer's brand new plan as in-house labels collar profit

Department store Myer is reviewing its operations as tough retail conditions and underperforming in-house brands are blamed for profit dipping 26 per cent.

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Wait goes on for casino operator to deal out financials

Casino operator Star says it is still talking to regulators, state governments and lenders and isn't ready to file its overdue earnings report.

Fight to save jobs as The Star's casino empire teeters

Star Entertainment's financial woes have fuelled concerns for the future of thousands of casino jobs.

Star takes another hit as shares suspended from trading

Star Entertainment has suffered another blow with its shares temporarily suspended from trading after the casino operator failed to file its earnings report.

Woolies registers big profit discount, says prices down

Sales are up at Woolworths but writedowns on its New Zealand stores and drinks business have a taken a huge slice out of its $1.7 billion operating profit.

Higher interest rates hit on Endeavour Group's profit

Endeavour Group says sales were up in 2023/24 but its profit dropped 3.2 per cent to $512 million as it paid more to service its $1.9 billion debt.

Woolies trims chicken deal but Inghams says it's paltry

A rise in supermarket sales offset less consumers buying fast-food chicken but poultry giant Inghams has revealed its biggest customer has now cut its orders.

Supercheap Auto owner zooms ahead on record $3.9b sales

New stores have boosted Supercheap Auto with its owner reporting record full-year sales across its retail chains despite cost pressures and dampened consumers.

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