Telstra to slash 8,000 jobs in overhaul
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Telstra to slash 8,000 jobs in overhaul
Telstra is slashing 8,000 jobs and splitting its mobile and infrastructure operations into separate businesses as it aims to cut an additional $1...
Property market to hurt future NSW surplus
Retirement
Property market to hurt future NSW surplus
New investments and a decline in stamp duty revenue will take a toll on the New South Wales Government's state finances, with the budget surplus...
Southern Cross profit drops on NSW TV sale
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Southern Cross profit drops on NSW TV sale
Southern Cross Austereo's half-year net profit has dropped 21.2 per cent to $38.2 million, following the recent divestment of its northern NSW TV...
Nine's strong ratings drives profit growth
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Nine's strong ratings drives profit growth
Strong ratings and a dominant share of the free-to-air TV revenue market have driven a 55 per cent increase in Nine Entertainment's half-year...
Weak outlook hits profitable Blackmores
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Weak outlook hits profitable Blackmores
Blackmores shares have plunged in early trade despite the vitamin maker boosting first-half profit by 20 per cent, with investors reacting to a...
Downer makes $11.1m loss on impairments
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Downer makes $11.1m loss on impairments
Downer has posted an $11.1 million first-half loss, dragged down by a goodwill impairment on its mining operations, writedowns from its freight rail...
Fairfax to axe 35pc of its NZ print titles
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Fairfax to axe 35pc of its NZ print titles
Fairfax Media will sell or close more than a third of its New Zealand print publications following a 54 per cent fall in first-half profit.
Seven West profit up, but dividend on hold
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Seven West profit up, but dividend on hold
Seven West Media's first-half profit has risen to $100.7m but the broadcaster has temporarily suspended its dividend to focus on managing expenses.
Vocus cuts guidance after HY profit fall
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Vocus cuts guidance after HY profit fall
Vocus Group has revised its earnings guidance for the full year after its half-year net profit fell 21 per cent, and due to a reduction in costs that...
InvoCare hits 6-month low despite profit
Stocks
InvoCare hits 6-month low despite profit
InvoCare shares hit a six-month low after the funeral and crematorium operator warned it expects flat operating earnings in the 2018 financial year.
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