Telstra executives continued to assure investors that the decade-long costs of customers migrating to the NBN are almost over, after the carrier's first-half profit slipped by 2.2 per cent.
Australia's share market has closed higher despite the Commonwealth Bank posting first-half earnings that show times remain difficult in the banking sector.
Commonwealth Bank chief Matt Comyn is not worried about a housing price bubble forming from low rates, saying buying is different to the previous boom.
Investors have suffered broad-based losses on the Australian share market ahead of keenly anticipated economic forecasts in Commonwealth Bank's first-half earnings on Wednesday.
Australia's share market has closed higher and investors have overcome a barrier in their efforts to push the indices above the record highs set in February last year.
Jeff Bezos, who founded and turned Amazon into an online shopping behemoth, is stepping down as the company's CEO, a role he's had for nearly 30 years.
Investors had their highest gains in almost four weeks on the Australian share market, as the Reserve Bank said it would extend its bond-buying to keep economic recovery on track.
Scott Morrison shows no signs of blinking first in response to Google's threat to remove its search engine from Australia over the proposed media bargaining code.
The Australian Financial ReviewPage 1: The federal government will spend at least another $1.9 billion to vaccinate Australians against the coronavirus but otherwise, the
Australia's share market has experienced the ripple effect of the US GameStop controversy, closing lower for a third consecutive day as US hedge funds sold stock to recover huge losses.
Investors had their biggest loss on the share market in more than a week, but a modest rise in inflation indicated conditions should remain favourable for some time.
The economic alarm has again been sounded over climate inaction, with an environmental group warning the cost of extreme weather has more than doubled over the last 50 years.
