Posts by: Business First

Adani postpones Carmichael coal mine

Adani postpones Carmichael coal mine

Adani has deferred its decision to build its controversial coal mine in the wake of wrangling in the Queensland government over its royalty...

Australian banks detail cost of levy

Australian banks detail cost of levy

Australia’s big four banks have given their estimates of how much the government’s levy will cost them as they stepped up their...

Aldi’s market share growth cost Coles and Woolworths: Moody’s

Aldi’s market share growth cost Coles and Woolworths: Moody’s

Ratings agency Moody’s has warned that Aldi growth will keep taking market share from Coles and Woolworths. In a note to investors,...

Nick Xenephon backs bank tax – but only if it’s also applied to foreign banks

Nick Xenophon backs bank tax – but only if it’s also applied to foreign banks

Key cross bencher Nick Xenophon says he and his team will support the Turnbull government’s $6.2 billion bank tax, provided it’s also...

Oil rises to $50 ahead of OPEC meeting

Oil rises to $50 ahead of OPEC meeting

Oil is starting the week above $50 a barrel, a one month high, on expectations that the Organization of Petroleum Exporting Countries...

The market in the week ahead

The market in the week ahead

The stock market will be shaped in part this week by the continuing uncertainty over Donald Trump’s future. The S&P 500 on Wall...

Unemployment falls to 5.7 per cent

Unemployment falls to 5.7 per cent

Australia’s unemployment rate has unexpectedly fallen 0.2 points to 5.7 per cent with the creation of 37,400 jobs. This was much better...

Optus profit falls 11.8 per cent

Optus profit falls 11.8 per cent

Full year net profit for Optus has fallen 11.8 per cent to $794 million, the result of increased competition, higher content costs and...

Hellman & Friedman lobs rival bid for Fairfax

Hellman & Friedman lobs rival bid for Fairfax

Fairfax Media is now caught up in a private equity bidding war. Global private equity giant Hellman & Friedman has stepped in with a...

Successful investing starts with understanding the emotion behind the decisions

Many articles have been written..