Optus will focus on its content strategy, underpinned by its English Premier League coverage, to drive earnings growth after an 11.9 per cent first quarter profit fall amid tough price competition.
Local minerals explorer Kasbah Resources has received a takeover offer from a Vietnam-focused nickel miner, which values the target at about $21.1 million.
A for sale sign has gone up at the flagship project at Elizabeth Quay, with developer Far East Consortium putting its Ritz-Carlton hotel on the block just one week after Premier Colin Barnett turned the first sod on the luxury development.
Automotive Holdings Group has announced an unusual 12-month leadership transition under which current managing director, Bronte Howson, will become special counsel, while also getting a special cash payout and potentially early vesting of long-term performance rights.
Telstra will spend an extra $3 billion on its networks and has confirmed it will return $1.5 billion to shareholders in a buyback after its annual profit jumped 36.6 per cent to $5.78 billion.
Perth universities have called for the completion of a clear and comprehensive strategy targeting international students before they would contribute more money to joint marketing of the city as a study destination.
A recently opened research and innovation centre at Curtin University is rapidly building interaction between big corporates, small businesses, academia and government.
Outgoing Reserve Bank governor Glenn Stevens has warned that any major boost to the economy might have to come from government spending rather than interest rates.
Released during July in Australia and other selected countries, Pokemon Go is a free-to-play augmented reality smartphone game developed in collaboration by Niantic, Nintendo and The Pokemon Company.
AGL Energy expects earnings to grow in the current financial year despite unseasonably warm weather at the start of the reporting period and fierce competition for customers.
Scarborough-based West African Resources has tapped investors for a $21 million capital raising to pay off debt and fund ongoing development of its Tanlouka gold project.
Heron Resources is the latest company to announce plans to spin-out its non-core assets into a new company, following similar recent movements by Metals X, TNG and Indiana Resources.
Commonwealth Bank of Australia chief executive Ian Narev has cited weak wages growth and political uncertainty as threats to Australia's economy, even as the country's biggest bank unveiled a seventh straight record profit of $9.45 billion.
Fairfax Media's new financial year has got off to a bumpy start, with its prized real estate advertising business, Domain, reporting a sharp slowdown in digital revenue growth.
The Australian dollar has rallied, with analysts tipping it to hit 77 US cents, as global risk appetite increases and after the greenback fell on weak US business productivity data.
Gold prices have edged higher as the US dollar slipped lower against a basket of currencies and concerns over the global economic outlook trumped some expectations that US Federal Reserve could raise interest rates this year.
Labor and banks head for collisionLabor leader Bill Shorten is using banks' reporting of profits to step up his campaign for a royal commission, demanding that the ‘‘greed
The Australian share market has closed slightly higher, with the big banks holding up the bourse in light trading following a weak lead from US markets
