Domino's pizza experienced a steep fall with shares down 19 per cent.
Domino's pizza experienced a steep fall with shares down 19 per cent.
New Zealand is partially easing fuel rationing, a spokesman for the country's oil industry says, a sign the five-day long fuel shortage that has caused air travel disruptions is subsiding. More than 120 flights have been cancelled this week in Auckland after the single privately owned pipeline that
New eBay Australia boss Tim MacKinnon is unfazed by "hype" around the arrival of Amazon and says his online operation seeks to support traditional retailers rather than "destroy" them. "What sets eBay apart is how we grow Australian businesses on the platform," Mr MacKinnon
The majority of creditors of steel and mining group Arrium will receive just 15 cents in the dollar following the company's sale to British billionaire Sanjeev Gupta. The first dividend of $500 million, representing 10 cents in the dollar, will be be distributed to unsecured creditors by the end
Fairfax Media's group year-to-date revenues are down four to five per cent on last year, the company has warned, ahead of the release of its plan to spin off profitable real estate listings business Domain. Fairfax on Thursday flagged year-to-date declines in its metropolitan and community news
A third straight day of falls has taken the Australian share market to its lowest level in more than seven months. Commsec analyst Steven Daghlian said signs that interest rates will continue to rise in the US in 2018 combined with speculation that the Reserve Bank of Australia will hike rates twice
Is offering Australian wine to at least a million middle-class petrol heads at an off road car festival in a desert in inner Mongolia a good idea? Online wine distributor Dawine reckons it's worth a go. Dawine will showcase and sell Australian and French wines at the week long Alxa FB-Life Festival
Stocks to watch on the Australian stock exchange: BKW - BRICKWORKS - down 23 cents, or 1.7 per cent, at $13.75 The building materials supplier expects its energy costs to increase by $20 million a year ...
The share market has posted its worst session in six weeks, marking a third straight day of falls. At 1615 AEST, the benchmark S&P/ASX200 was down 53.7 points, or 0.94 per cent, at 5,655.4 points, while ...
Troubled dairy processor Murray Goulburn has confirmed it has had approaches from a number of suitors interested in either buying some assets or taking over the whole co-operative. "These proposals have ranged from the sale of certain assets to whole-of-company transactions," Murray Goulburn
Former Crown Resorts chief executive Rowen Craigie will get a golden handshake worth around $9.2 million, pending shareholder approval. Mr Craigie stepped down in February after a decade in charge of James Packer's casino operator, and stands to be paid termination benefits of $6.27 million in cash
Troubled dairy processor Murray Goulburn has confirmed it has received a number of confidential proposals from parties interested in buying the co-operative's assets. "These proposals have ranged from the sale of certain assets to whole-of-company transactions," Murray Goulburn said in
A rise in global interest rates could have implications for debt-laden Australian households and the wider economy, Reserve Bank Governor Philip Lowe has warned. Dr Lowe says an expected lift in interest rates would flow through to Australia over time and the high levels of household debt mean that
Building materials supplier Brickworks expects its energy costs to increase by $20 million a year by 2019, and has installed its own on-site generators in South Australia as a safeguard against an uncertain supply. Brickworks remains concerned about the price and reliability of energy, with new gas
Suncorp plans to increase its dividend payout ratio to appease shareholders as it ramps up spending to build a digital marketplace. Chief executive Michael Cameron has reiterated the insurer's plans to build an app that he says will radically change how customers interact with Suncorp. "To
A pumped hydro project that reuses an old gold mine in north Queensland is close to securing federal funding. The combined solar and pumped hydro generator is set to provide a quarter of the power needed to cover the shortfall from the closure of the Liddell coal-fired power station in NSW and can do
Commonwealth Bank has agreed to sell its life insurance operations to Asia's AIA for $3.8 billion and could slim down further by offloading its global asset management business. The sale of CommInsure Life and NZ equivalent Sovereign - which CBA flagged in August when it announced a $9.9 billion
Australia could lose a significant chunk of its manufacturing sector if energy costs don't come down, investment firm Washington H Soul Pattinson says. The company has interests in coal, building products, pharmaceuticals, telecommunications and financial services, and more than doubled its net
A rich government contract and a new watch that helps anxious Aussie parents keep track of their kids has driven the share price of ASX-listed MGM Wireless up by more than two thirds. MGM Wireless plans to start selling its Spacetalk children's 3G GPS smartwatch in October, having tested the device
A landmark free trade deal linking EU and Canada went into effect on Thursday despite lingering opposition from activists worried about the pact's consequences on the environment and health. Observers have said the Comprehensive Economic and Trade Agreement (CETA) could set a model for future ties
Karl Lagerfeld chanelled tropical chic on Thursday, unveiling a collection that was all see-through and skin with colours cool enough to soothe your sunburn. The latest designs from the veteran German designer emerged "in a swirl of Caribbean colour and flavour", as he said in his notes on
Ryanair chief executive Michael O'Leary on Thursday said he could not rule out axing more flights, but added any additional cancellations would not be linked to ongoing pilot roster problems. O'Leary told the Irish company's annual general meeting in Dublin that he "cannot guarantee
The world's cereal production is headed for a bumper 2017, with total output on track for a record, the United Nation's food agency said Thursday. The increase will not, however, automatically alleviate world hunger, as conflicts and weather disasters continue to threaten food security in many
Britain must plough billions of pounds into new power plants, grid networks and electric vehicle charging points if it is to avoid local power shortages when a planned ban on new diesel and petrol cars begins. Local networks particularly face problems, so the country will need a range of technologies
Prime Minister Malcolm Turnbull has defended the federal government's decision to build the final leg of the Melbourne to Brisbane inland railway on a Queensland flood plain. The government officially announced on Thursday that the route will run between Yelarbon and Gowrie, cutting directly across
The share market is is on track for its worst session in six weeks, as all sectors outside of energy producers are sold off. The benchmark S&P/ASX200 index was down 0.8 per cent at 1200 AEST, its most ...