Global petrol prices are falling, but Australian motorists are unlikely to see the full benefit due to complex pricing cycles. The OPEC+ oil cartel agreed to ramp up production in a move that is expected to force down prices for...
Treasurer Josh Frydenberg says the federal government is just days away from announcing a targeted support package to help struggling tourism operators stay afloat when JobKeeper ends on March 28. Mr Frydenberg told reporters in Cairns that the government had...
NSW Premier Gladys Berejiklian has announced the roadmap out of lockdown for New South Wales, with mid-October slated for reopening. Pubs, restaurants and gyms will reopen for vaccinated customers, providing a much-needed economic boost, and for mortgage brokers, there was...
The federal government is cracking down on shareholder proxy advice firms, and – by proxy – the country’s biggest superannuation funds. Proxy firms issue voting recommendations on resolutions put at company meetings, including on environmental, social and governance issues, and board...
Coronavirus-related restrictions and a jump in restructuring and regulatory costs has dragged Crown Resorts to a full-year loss of $261.60 million. The casino operator outlined a 31 per cent slide in revenue for the 12 months to June 30, to...
Australia is still more than a quarter of a century away from bridging the gender pay gap as industries dominated by women struggle to catch up. But researchers say regular audits on pay and new company board quotas could fast-track...
Fortescue Metals Group will unveil a potential aviation fuel supply deal within days, as chair Andrew Forrest defended his ambitious green hydrogen plans at the company's annual meeting on Tuesday. The Fortescue investor presentation said about 10 per cent of...
About 34,000 jobs were lost in April after JobKeeper ended, slowing the pace of Australia’s COVID-19 recovery for the first time in six months. The unemployment rate still fell to 5.5 per cent from a revised 5.7 per cent, because...
Solomon Lew appears to be playing one of his renowned long, high  pressure games with department store chain Myer after building his stake from 10 per cent to 15.77 per cent in recent days and calling for a shareholder...
‘As soon as I heard the stimulus bill passed, I got a sick sense of dread in my stomach.’ Source
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