Optus says it has been a challenging year for the industry as its full-year profit dropped 39 per cent.
Brisbane-based lab testing specialist ALS has reported full-year net profit down $24.8 million to $127.8 million due to impairments.
The engineering contractor will execute early mining and maintenance services at Fortescue's Eliwana iron ore mine in WA.
Peak business groups welcome temporary relief from class actions against director during pandemic.
Loss-making chocolate maker Yowie Group has announced plans to return half of its $US11 million ($17m) cash pile to shareholders.
After its first day trading on the Australian Securities Exchange, the Perth-based aged-care tech company closed up 57.5 per cent.
Proteomics has received $200,000 from the State Government to advance its COVID-19 research.
Wealth manager IOOF Holdings will not be required to make any payout for a class action launched against it last year.
Tax, Centrelink quirks can make it worthwhile paying to sell your failed investments for next to nothing.
Health tech company attracts strong interest in $5.5m IPO.
The US stock market’s brief rally was threatened by renewed fears of a US-China trade war but stocks ended higher at close of trading, fuelled by optimism about the economy reopening.
Staff reporter, Reuters
Andrew Forrest is pumping an extra $5 million into Perth biotech Invex as part of a $26m equity raising which sent the stock running today.
The Australian share market has dipped into negative territory as RBA Governor Philip Lowe revealed his views on when rates would rise again.
The Snowy 2.0 main works expansion has been given the green light by the NSW government and is now awaiting a final federal go-ahead.
Shares on the Australian market are higher in early trade with local investors taking a lead from overnight gains on Wall Street led by hopes of economic recovery.
Australian shares have fallen following caution about early results of a coronavirus vaccine test, as a construction giant announced an expected 1500 layoffs.
Nathan Vass in New York, AAP
The Australian share market has surged ahead with energy, oil and property stocks up after US markets climbed on hopes of a coronavirus vaccine and economic recovery.
Shares have surged by more than 2 per cent in early ASX trade, taking the lead from overnight gains on Wall Street due to rising hopes of a coronavirus vaccine.
The Australian sharemarket has gained more than one per cent for the second straight day, with miners shining after iron ore and gold prices both jumped.
Elders has reported a 90 per cent jump in half-year profit to $52 million after buying wholesaler Australian Independent Rural Retailers.
It’s been a tumultuous year for Elders, with devastating bushfires and COVID-19, but on the upside there’s been drought-breaking rain across many parts of Australia.
Warnings of lost retirement savings playing second fiddle as worried Aussies grab their retirement savings.
Shares on the Australian market are off to a good start, with a gain of more than 1.0 per cent and most sectors trading higher.
Emirates is set to slash 30,000 jobs and speed up the retirement of its Airbus A380 fleet as the coronavirus pandemic wreaks havoc on the airline’s finances.
Reuters and AAP
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