finance

Qantas, Australia’s largest airline, has announced impressive half-year financial results, with profits nearing $1.4 billion as of December. This reflects an 11% increase in profit before tax, reaching $1.39 billion, …

Australia’s consumer price index (CPI) for January has held steady, although a rise in core inflation has diminished expectations for a potential second interest rate cut in the early part …

National Australia Bank (NAB) has issued an urgent alert to its customers regarding a new scam involving fake pop-up SMS messages designed to deceive Australians into divulging financial information. These …

Woolworths, the leading supermarket chain in Australia and New Zealand, has reported a significant $190 million decline in profits for the half-year ending January 5, resulting in a 21% drop …

Woodside Energy, a prominent Australian fossil fuel company, has announced a remarkable surge in its profits for the year 2024, with net profits after tax soaring to $US3.57 billion (approximately …

Domino’s Pizza has reported its first loss in two decades, recording a $22.2 million deficit for the six months ending December 31, a stark contrast to the $58 million profit …

In a recent communication to customers, Matt Comyn, CEO of Commonwealth Bank (CBA), emphasised the bank’s commitment to maintaining cash availability amidst increasing trends towards a cashless society. He highlighted …

A recent study has revealed that a significant number of Australians may consider extending their mortgage terms to alleviate the burden of hefty monthly repayments. Specifically, one in three respondents …

Western Australia has experienced a significant 42 per cent rise in business insolvencies, with over 1,000 companies failing from January to December last year. This alarming trend highlights the severe …

In a recent admission, Reserve Bank of Australia (RBA) Governor Michele Bullock acknowledged that the bank was slow to respond to rising inflation by increasing interest rates. Reflecting on past …