Prashant Mehra
Crown Resorts posts $261m full-year loss
Coronavirus-related restrictions and a jump in restructuring and regulatory costs has dragged Crown Resorts to a full-year loss of $261.60 million. The...
Nine rides ad boom to $184m profit
Nine Entertainment has swung to a $184 million annual profit after lifting advertising earnings across its major businesses. The media giant reported...
Coles reports bumper $1.1bn full-year profit
Coles’ sales growth is continuing to slow in the first few weeks of the current financial year as trading returns to normal...
JB Hi-Fi profit soars, lockdowns hit sales
JB Hi-Fi has warned of disruptions from the ongoing COVID-19 lockdowns despite delivering a jump in full-year profits and dividend on the...
CBA delivers full-year profit jump, $6b buyback
Commonwealth Bank of Australia has posted a robust rise in full year profit after economic conditions improved, and announced a $6 billion...
Booming prices send home buyers interstate
Late last year, Sydney man Matthew Brophy finally found a way around the housing affordability problem. He and his wife decided to...
Regional airline Rex to start capital city flights
The board of regional airline Rex has approved plans to raise at least $30 million to launch services to compete against Qantas...
RBA holds rate as economic outlook uncertain
The Reserve Bank of Australia has kept the cash rate at a record low 0.25 per cent at its monthly board meeting...
BHP blames US corporate tax cuts for profit slide
BHP Billiton has posted a 37 per cent drop in half-year profit to $US2.02 billion ($2.55 billion) after accounting for one-off losses...
Economists shrug off retail trade ‘rebound’
Economists have shrugged off a surprise bounce in Australian retail spending in April, with the numbers seen as an aberration flowing from...