Alex Druce
Wealth climbs – along with mortgage debt
A resurgent share market helped household wealth edge higher in the March quarter, but plummeting house prices meant mortgage debt continued to...
AMP faces class action from more than two million clients
AMP is facing a fresh legal battle after Slater and Gordon filed a class action on behalf of more than two million...
Slater and Gordon takes NAB class action up a notch
Slater and Gordon has widened its class action case against National Australia Bank to include people who were sold personal loan insurance....
Retail spending experiences unexpected dip in April
A surprising dip in retail spending during April has stoked concerns that Australians consumers are feeling the pinch of wage stagnation. Seasonally...
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...