Industries

Harvey Norman buoyed by property boom

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Retail giant says low interest rates supporting homemaker business, lifts H1 profit.

Treasury Wine uncorks a premium growth strategy

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The winemaker’s program to refocus on the premium end of the market, aided by a lower Australian dollar and its cost reduction drive, should deliver better results.

Blackmores delivers healthy profit

by AAP
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Surge in demand from Chinese tourists helps vitamin maker reap record sales and profits.

Woolworths shares slide on guidance cut

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Retail giant cuts full-year net profit forecast, announces senior executive reshuffle.

ACCC clears Fairfax-Macquarie merger

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Consumer watchdog won't oppose $200m tie-up of Macquarie Radio and Fairfax Media’s radio assets.

Graincorp flags 50% FY profit cut

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Smaller crops and lower export volumes force Graincorp to slash FY guidance.

Airport boss expects China lift off

by AAP
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Chinese visitor numbers to Sydney Airport up 16 per cent in 2014.

Cabcharge under pressure in tough market

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Cabcharge sees H1 profit and revenue fall as competitors, market disruptions weigh.

Orion Health CFO resigns

by AAP
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CFO Rodney Hyde resigns from newly-listed firm just three months after it joined the NZX.

Treasury Wine H1 profit falls

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Group upbeat about rejuvenation of operations, retains 6c per share interim dividend.

Glencore to cut Aust coal output

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Glencore will curb Australian coal output, defer projects, as weak commodities weigh.

Rio Tinto overhauls corporate structure

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Miner to combine copper, coal operations, rumoured to be weighing job cuts in iron ore.

Why the Fed isn't worried about falling inflation

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The Federal Reserve expects lower oil prices will benefit both the US and the global economy, so the weak inflation numbers are unlikely to halt a rate rise.

Moody’s upgrades Qantas outlook

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Ratings agency Moody's follows S&P in lifting its outlook for Qantas to 'stable'.

Simon Marais loses battle with cancer

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Renowned investor and Allan Gray chief executive officer Simon Marais has died.

The ghost of Jack Lang is haunting Victoria

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Victoria will be blackballed by global capital and construction markets if Premier Daniel Andrews doesn’t honour the East West Link contracts. And the whole country will suffer.

Victoria's sovereign risk problem

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The cancellation of the East West Link contract has trashed Victoria’s reputation as a reliable place to invest.

Rio Tinto to cull iron ore team

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Mining giant set to cut hundreds of jobs from WA iron ore division: report.

Packer’s Vegas bust now behind him

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Long-running legal battle relating to failed pre-GFC investment now over: report.

Value Investor: A better bank than CBA

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US bank Wells Fargo has a number of competitive advantages that make it a more compelling proposition than any of the big four.

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