Steven Deare
Blackstone offer may seal Crown takeover
Private equity group Blackstone has increased its bid for Crown Resorts and this time the casino operator looks likely to accept. Blackstone...
Aust shares rally, energy and tech lead
Australia’s share market is close to recovering losses from the past two days after comments from the US Federal Reserve chairman seemed...
Woolworths leaves Wesfarmers to chase Australian Pharmaceutical Industries
Woolworths has withdrawn its bid for Australian Pharmaceutical Industries (API), leaving Wesfarmers as the only suitor for the Priceline Pharmacy owner. Woolworths...
ASX experiences biggest one-day rout since September 2020
Australian shares had their biggest one-day fall since September 2020 as investors panicked about interest rates rising sooner than expected. The market...
Qantas flags $1.1 billion first-half loss
Qantas has forecast a loss of more than $1.1 billion from a lockdown-plagued half but says it has made inroads in reducing...
ANZ accepts $25m fine for unfair charges
ANZ Bank has agreed to a $25 million fine for failing to give customers their entitled benefits such as rate discounts across...
Woolworths’ bid for API trumps Wesfarmers
Woolworths has pitched an $872 million takeover offer for Australian Pharmaceutical Industries, pitting the retail giant against Wesfarmers. API on Thursday said...
Call for foreign staff to fill retail gap
A shortage of retail workers is hampering Australian business after many re-opened from lockdown and there are calls for overseas workers to...
Australia leads crypto race after CBA call
Australia is becoming a leader in cryptocurrency, industry experts say, following the Commonwealth Bank’s decision to allow trading of the digital currency....
Telstra seals $1 billion defence deal
Telstra has sealed a Department of Defence deal worth more than $1 billion which includes providing 5G mobile services. The carrier on...