Why a $6.5 trillion wealth giant has no interest in Australian stocks
The world’s largest asset manager is avoiding the ASX and is instead betting on China and the blistering technology rally ...
Australia's Santos posts lower profits and slashes dividend, but sees growth ahead
Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit and slashed its dividend by 41% ...
Borrowing strain hits Q1 profit at Australia's NAB, shares dive
National Australia Bank , the country's biggest business lender, said first-quarter profit slipped as competition for ...
Setback for Gupta as Australia steelworks forced into administration
South Australia has taken control of Sanjeev Gupta’s Whyalla steelworks and forced it into administration over unpaid bills ...
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Surging construction insolvencies bankrupt housing targets
In the 2023-24 financial year, a record 3,000 construction firms in Australia were declared bankrupt (insolvent). New data ...
Taxpayers fork out more than $20 million in one year on Royal Adelaide Hospital legal stoush
Almost eight years after it opened, a public hospital once branded Australia's most-expensive building continues to cost ...
Cost of living, spending limits cut Australian lottery spending
In September, Lottery voluntarily brought in mandatory spend limits for all online Keno players. This move slashed digital ...
Microsoft’s ‘Goldilocks’ particles could win the quantum computer race
Microsoft has taken 17 years to create a new subatomic particle with the right blend of size, speed and stability for quantum ...
Australian central bank cuts interest rates slightly but warns of uncertainty ahead
The government-appointed Reserve Bank of Australia board begrudgingly cut rates to try to ease the political crisis produced ...
Should NBN 50 be the cheapest broadband speed tier? ACCAN certainly thinks so
Noting that a minimum service level of 25/5 Mbps is mandated by the Australian Government as an obligation of the NBN across ...
National Australia Bank's Profitability Remains Robust on Steady Margins and Low Loan Losses
Management focus is on the successful, lower-risk, and profitable domestic banking. Economies of scale, pricing power, a strong balance sheet, and high credit ratings provide a robust platform to ...
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Will this interest rate cut trigger an election?
The Reserve Bank's first interest rate cut since 2020 has tongues wagging about Anthony Albanese's election date, and ...