Earnings season
Updated
The Star Entertainment Group
The Star posts $9m half-year profit following inquiry bombshell
The gambling giant’s result was announced one week late after it was blindsided by a surprise inquiry, which could mean its flagship Pyrmont casino may shut down.
- by Amelia McGuire
Latest
Gerry Harvey banking on ‘world-changing’ AI boom to revive sales
The founder of Harvey Norman is hoping for artificial intelligence to drum up new sales for the electronics business.
- by Jessica Yun
Opinion
Opinion
When a 565 per cent profit growth just isn’t enough
Investors can thank Australians re-engaging with the wanderlust they have traditionally been known for, coupled with the tail end of revenge travel.
- by Elizabeth Knight
Flight Centre boss sees airfares coming down further this year
Graham Turner made his prediction of lower ticket prices after the travel booking giant said profit rose sixfold in the December half. Investors had hoped for more, sending its shares tanking.
- by Amelia McGuire
Australians are willing to shop around – and Coles is taking note
The supermarket giant intends to prove it provides good value for money and keep shoppers as they travel further to get a better deal on groceries.
- by Jessica Yun
Updated
Woodside Energy Group
Woodside climate goals face next investor test
Australia’s largest oil and gas producer has posted a steep fall in full-year profit as fossil fuel prices came off historic highs.
- by Nick Toscano
Hard Solo and Gen Z are driving a new wave of lemon drinks, says Endeavour boss
Lemon-flavoured drinks are in, says the CEO of Dan Murphy’s and BWS’ parent company, and spritzers are about to make a comeback.
- by Jessica Yun
Suncorp boss says premium growth to ease as earnings jump 14 per cent
Suncorp chief executive Steve Johnston concedes it has been a tough six months for customers facing rising home and motor insurance costs, but expects premium growth to ease.
- by Millie Muroi
Analysis
Analysis
‘Too much optimism’: Investors nervous despite resilient recent earnings
Despite some cautious optimism over company earnings this month, some investors and economists have flagged tough times ahead.
- by Millie Muroi
Fortescue ups dividend, profits jump despite lower iron ore shipments
Andrew Forrest’s Fortescue has reported a boost in earnings and profits despite shipments and production of iron ore from its key Pilbara operations falling.
- by Simon Johanson
Updated
Nine Entertainment
‘Never say never’ to future Stan tie-up, says Nine boss
Stan would consider partnering with a rival if the right deal arose, Nine Entertainment’s boss said after the streaming service outperformed the media company’s other businesses.
- by Calum Jaspan