Dangerous terrain hampers search for accused cop killer
Dangerous terrain and bad weather is impeding the search for a fugitive accused of killing two police officers as tributes are paid to the men. Detective Leading Senior Constable Neal…
What cost of living crisis? Kmart owner profit soars
The owner of some of Australia’s best-known chain stores has reported a double-digit profit jump after successfully navigating a cost of living crisis and rising costs. Wesfarmers on Thursday posted…
Show us your ‘cojones’: cricket star tests PM on Israel
Cricket great Usman Khawaja has urged the prime minister to act with courage and sanction Israel. Mr Khawaja spoke with Prime Minister Anthony Albanese in Parliament House about the deteriorating…
Business boost as more nuisance tariffs get the chop
Hundreds of “nuisance” tariffs on imports including tyres, televisions and wine glasses will be slashed in a move that will save businesses millions of dollars. Abolishing an extra 500 imposts,…
Qantas profit soars, reputation repairs ‘on schedule’
Qantas shares have taken flight after Australia’s largest airline delivered one of its biggest profits, raised its dividend and splashed out on another 20 mid-range aircraft. Qantas on Thursday posted…
Kodak says ‘substantial doubt’ it can stay in business
The more than 130-year-old Eastman Kodak Co says there is “substantial doubt” about its ability to stay in business, saying it may have difficulty meeting upcoming debt obligations. Shares of…
Norwegian fund expects to sell more Israeli stocks
Norway’s $US2 trillion ($A3.1 trillion) sovereign wealth fund expects to divest from more Israeli companies as part of its ongoing review of investments in the country over the situation in…
Rates cut but borrowers told not to bank on more relief
Borrowers have received welcome relief from the Reserve Bank of Australia, which delivered a widely expected interest rate cut but flagged the end to its easing cycle is getting closer.…
Huge payout tipped after Apple and Google’s Epic loss
Tech giants Apple and Google have been found to have engaged in anti-competitive conduct, paving the way for a payout that could be worth hundreds of millions of dollars. Epic…
Untouched reefs cop record bleaching in intense heat
The longest, largest and most intense marine heatwave on record has triggered the worst coral bleaching off Australia’s western coastline, scientists say. Researchers are still assessing the full extent of…