business

A Brisbane bakery, Gathered Bakers, is grappling with a frustrating insurance dispute after a severe storm wreaked havoc on its premises two months ago. Currently operating from a temporary kitchen, …

The Commonwealth Bank has announced a half-yearly net profit of $5.1 billion, a modest increase from $4.8 billion previously, driven by robust core business growth and reduced loan impairment costs. …

The owner of the Whyalla steelworks announced to 9News that they are nearing a financing deal to alleviate debts and restore steel production to full capacity. This news comes as …

The record for the highest property sale in Australia has been shattered with the discreet sale of a Melbourne mansion for around $150 million. The Coonac estate, located in the …

US beauty and fragrance powerhouse Estee Lauder is set to potentially reduce its workforce by up to 7,000 employees—over 11% of its staff—by the end of next year following a …

The Australian dollar is struggling, recently falling to a near five-year low against the US dollar, now hovering around 61.32 US cents. This decline is largely attributed to a robust …

Despite the cost-of-living crisis, Australians are tipping more generously, with the average tip rising to $25.20 in 2024—a notable 25 per cent increase from the previous year, according to Zeller’s …

The average superannuation balance for Australians aged 50 is currently around $165,000, with balanced funds, primarily invested in growth assets like shares, generating $18,000 last year. In comparison, the average …

Shareholders of Myer and Premier Investments have approved a significant agreement that will allow Myer to enhance its retail presence to over 780 stores. As part of this deal, Myer …

A recent Oxfam report highlights the staggering wealth inequality in Australia and globally. In 2024, Australia’s 47 billionaires amassed an astonishing $28 billion, which equates to an hourly increase of …