Alex Druce
Caltex Australia to revert to Ampol brand
It’s a case of back to the future for Caltex Australia’s service stations as the petrol retailer prepares to revert to the...
VW hit with Australian record $125m fine
German auto giant Volkswagen AG says it is weighing up whether to appeal an Australian record $125 million fine for breaching diesel...
Unemployment rate edges down in November
A surge in part-time work helped the jobless rate tick down to a seasonally adjusted 5.2 per cent in November, but economists...
NAB board survives shareholder move, flags Austrac woes
National Australia Bank has been spared a second strike against its executive pay report but the firm’s shortcomings on anti-money laundering and...
APRA demands Westpac set aside extra $500m
The prudential regulator is demanding Westpac set aside an extra $500 million in capital to reflect a heightened risk profile in the...
CBA coughs up $53m in unpaid entitlements
Commonwealth Bank will hand over as much as $53.1 million it owes staff in unpaid entitlements. The nation’s biggest lender has been...
Bellamy’s investors back $1.5 billion China Mengniu Dairy Company buyout
Bellamy’s investors appear strongly in favour of a proposed $1.5 billion takeover by the China Mengniu Dairy Company ahead of an official...
Westpac giving SPP investors a way out
Westpac is allowing investors to withdraw from a $500 million share purchase plan it launched two weeks before a money laundering and...
NAB faces hefty penalty after admitting money-laundering breach
National Australia Bank faces the prospect of further remediation and a huge fine after it revealed it might have made multiple breaches...
Jobless rate climbs to 5.3% in October
The unemployment rate climbed to a seasonally adjusted 5.3 per cent in October as the economy lost 19,000 jobs during the month....