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Commonwealth Bank has flagged an additional $2 billion share buyback and lifted its interim dividend after delivering a stronger than expected rise in first-half profit despite competitive pressures.
Australia’s biggest lender saw pressure mount on margins but offset this by...
Bullseye Mining is mulling two takeover offers after shareholder Au Xingao tabled a $155 million cash offer for the target, competing with an existing scrip proposition from fellow shareholder Emerald Resources.
Au Xingao, which is an Australian subsidiary of Chinese...
Magellan Financial Group’s shares have suffered such a brutal fall that it was due for a bounce, despite brokers expressing nothing but antipathy for the fallen investment shop.
The fund manager’s shares were up as much as 6 per cent...
The next round of the popular vouchers scheme, jointly funded by the Marshall Liberal Government and the City of Adelaide, is another key plank in the city-wide Adelaide Unleashed to activate the CBD in preparation for the upcoming Festival...
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There are early signs that the impact from the COVID-19 Omicron variant on spending could be short-lived after taking a hit in late December and into January.
The Commonwealth Bank household spending intentions index fell 10 per cent to 103.8...
BHP, the largest Australian mining company, has marked the delivery of the first of five bulk carriers that will be powered by liquefied gas instead of highly polluting bunker fuel to transport shipments of iron ore from the Pilbara...
BHP has welcomed MV Mount Tourmaline to its fleet, the world’s first LNG-fuelled Newcastlemax bulk carrier which will start transporting iron ore between Western Australia and Asia this year.
BHP Chief Commercial Officer Vandita Pant pictured at Singapore port with...
Source: Unsplash/Berkeley Communications.
Nowadays, it’s tempting to think that everything can be done online. After all, if you can “gram” the spaghetti emoji to your local Italian restaurant and expect a beautiful pasta dish to arrive within 30 minutes, how...
Permanent building societies were heavily geared financial outfits, owned by members, that specialised in residential real estate.
They were all the rage in the 1980s, until suddenly they weren’t, when interest rates went up.
The leader of the pack, Pyramid Building...
Jefferies analyst Brian Johnson said this month’s earnings season could be weak for banks, but he was positive on CBA, arguing it was outperforming peers and had excessive loan loss provisions.
Some in the market are wary of CBA’s high...
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