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Latest news: Finance

Dead letter day: post boss says the end is nearing

Dead letter day: post boss says the end is nearing

Australians are posting letters at dwindling rates not seen in almost a century, as Australia Post's boss says the days of snail mail are numbered.

Iron ore giant's profit falls, green energy vow stays

Iron ore giant's profit falls, green energy vow stays

Iron ore giant's profit falls, green energy vow stays

Iron ore giant's profit falls, green energy vow stays

One of Australia's biggest mining companies says it will continue to pursue green iron and renewable energy projects as iron ore revenues dip.

Biotech giant to slash 3000 jobs, spin-off vaccine arm

Biotech giant to slash 3000 jobs, spin-off vaccine arm

Biotech giant to slash 3000 jobs, spin-off vaccine arm

Biotech giant to slash 3000 jobs, spin-off vaccine arm

Pharmaceutical giant CSL has announced a major shake-up for its vaccination arm and for jobs as the company aims to cut costs.

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iiNet hacked: customers' emails, phone numbers exposed

iiNet hacked: customers' emails, phone numbers exposed

Hundreds of thousands of Australians have had their email addresses or phone numbers exposed in a cyber attack on a major internet provider.

Steel boss complains about local gas market 'madness'

Steel boss complains about local gas market 'madness'

Australia must stop prioritising gas exports over domestic supply and introduce a permanent reserve and price mechanism for gas, a big steelmaker says.

Liquid gas investment inflates Origin Energy's profit

Liquid gas investment inflates Origin Energy's profit

Profits are up for Australia's largest energy company despite challenges from the price of coal, energy tariffs and power plant uncertainty.

Energy retailer profits slump, looks to renewables

Energy retailer profits slump, looks to renewables

An electricity and gas retailer has seen a mammoth hit to its profits after a drop in energy prices as the company turns its focus towards renewables.

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'Struggling more than ever': Debt reaches six-year high

'Struggling more than ever': Debt reaches six-year high

'Struggling more than ever': Debt reaches six-year high

'Struggling more than ever': Debt reaches six-year high

The number of Australians seeking help with debt has reached a record high as housing stress and utility costs weigh on budgets.

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

US trade deficit narrows amid drop in consumer imports

The US trade deficit narrowed in June on a sharp drop in consumer goods imports.

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Upward spending trend unlikely to shift needle on rates

Splurging shoppers are unlikely to dent the chances of an August interest rate cut, with consumer data tipped to deliver an upward spending trend.

Rio Tinto profits slip as prices weigh on performance

Rio Tinto profits slip as prices weigh on performance

Rio Tinto profits slip as prices weigh on performance

Rio Tinto profits slip as prices weigh on performance

One of the world's biggest iron ore miners has posted its weakest first-half profit in years as lower global demand continues to drag on the commodity's price.

Families paying premiums for school catchment zones

Families paying premiums for school catchment zones

Families paying premiums for school catchment zones

Families paying premiums for school catchment zones

Homes within sought-after school catchments are selling for millions of dollars, but data shows this does not always lead to stronger capital growth.

Faxes to apps: CommSec's 30 years of shaping investing

Faxes to apps: CommSec's 30 years of shaping investing

Faxes to apps: CommSec's 30 years of shaping investing

Faxes to apps: CommSec's 30 years of shaping investing

As Australia’s first online broker celebrates its 30th anniversary, one of its earliest customers reflects on how trading has changed for Australian investors.

Older Aussies back increased superannuation tax

Older Aussies back increased superannuation tax

Older Aussies back increased superannuation tax

Older Aussies back increased superannuation tax

A survey of older Australians has backed the federal government's push for increased tax on high balances.

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Woodside activists vow to fight on despite jail terms

Two climate activists have been handed suspended prison terms for their "harmful" act of letting off stench gas at Woodside’s headquarters.

Australians warned to not jump the gun on tax return

The national tax office has warned Australians to be patient in lodging their tax returns as the financial year comes to an end.

Green tick: Australian net-zero projects to be rated

Environmental projects will be analysed and rated in Australia in a move experts say could prevent greenwashing and encourage international investments.

Cochlear launches new implant, downgrades guidance

Weaker-than-expected sales have prompted a home-grown health technology giant to downgrade guidance, just as it releases its latest device.

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Microscope on IVF giant over 'inexcusable' embryo error

A private fertility giant faces potential legal and regulatory backlash after transferring the wrong embryo to a woman, its second mix-up in months.

James Hardie shares hammered on $14b US merger deal

Shares in fibre cement manufacturer James Hardie have sunk on news of a merger with US-listed AZEK, as investors vote with their feet over the deal's value.

Nine looks to turn page on strife under new top dog

Media giant Nine has appointed Matthew Stanton as chief executive officer and managing director, replacing Mike Sneesby who stepped down after internal turmoil.

Aussie market claws back ground after Wall St plunge

The Australian share market has resumed its downward trend, after dropping sharply in early trading and recovering a little in the wake of a US market sell-off.

Australian shares edge higher as steel tariffs loom

Australian shares have gained ground as a new trading week begins but it could be a bumpy time ahead with ongoing uncertainty over US tariffs and global growth.

Australian shares plummet to six-month low

The Australian share market has fallen to its lowest level since towards the end of 2024 as uncertainty over global trade sends investors ducking for cover.

Shares slip as US tariffs take hold, trade war looms

The Australian share market has closed lower as US tariffs on its biggest trading partners and plans to cut military aid to Ukraine generate uncertainty.

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