Alex Druce
Westpac’s half-year profit slumps 22 per cent
Westpac has held its interim dividend despite the cost of refunding customers helping drag down first-half profit by 22 per cent to...
Jobless rate edges up to 5 per cent
The national unemployment rate climbed in March – and might go even higher in coming months, despite strong full-time employment growth. Employment...
NAB flags additional $525m remediation hit
National Australia Bank says it will cop an extra $525 million after-tax hit through new customer remediation costs, mostly related to its...
Coke to cut plastic use by 10,000 tonnes
Beverage giant Coca-Cola Amatil is doubling the amount of recycled plastic it uses across its beverage arm, with seven in 10 drink...
Retirement fund manager Challenger confirms 97% HY profit plunge
Retirement fund manager Challenger Financial has pointed the finger at political uncertainty and market volatility after confirming a 97 per cent plunge...
Energy retailer AGL to invest $25 million in 33-year-old coal-fired power station
Energy giant AGL has announced a $25 million upgrade to Victoria’s Loy Yang coal-fired power station and again called for more certainty...
Unemployment rate edges lower to 5 per cent
Australia’s unemployment rate edged lower in December to a seasonally adjusted 5.0 per cent, but the number of people in full-time work...
Perth-based Austal to build two more US Navy ships
Perth-based shipbuilder Austal has been contracted to make another two combat vessels for the US Navy, bringing the company’s forward order book...
New Taco Bell push to test Aussie appetite
Australia’s burgeoning burrito appetite is set to be tested in 2019 with New South Wales and the ACT set for a share...
Unemployment remains steady at six-year low
The Reserve Bank may not be able to sit on its hands until 2021 as some analysts expect, with October’s surprisingly firm...