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Qantas reports a drop in profit
February 22, 2024 02:00 PM AEDT| By Team Kalkine MediaThe Qantas Group reports a $1.25 billion Underlying Profit Before Tax for the first half of FY24. Earnings were 13 per cent lower than the same period of FY23 as fares and capacity continued to normalise....
ASX to open lower. Qantas reports a drop in profit
February 22, 2024 01:57 PM AEDT| By Team Kalkine MediaThe Australian share market is expecting to open lower this morning. The Qantas Group reports a $1.25 billion Underlying Profit Before Tax for the first half of FY24. Fortescue Metals’ net profit rose 41 per cent to $US3.3 billion for the six months....
Taylor Swift gives her stamp of approval to Pellegrino 2000 in Surry Hills
February 21, 2024 06:53 PM AEDT| By Team Kalkine MediaTaylor Swift surprises fans during her Australian tour by dining at the renowned Pellegrino 2000 in Sydney! Accompanied by Sabrina Carpenter, Taylor enjoys a casual evening blending in with other diners....
Wages rise 0.9 per cent in December quarter 2023
February 21, 2024 03:50 PM AEDT| By Team Kalkine MediaThe Wage Price Index (WPI) rose 0.9 per cent in December quarter 2023, and 4.2 per cent for the year, according to seasonally adjusted data released today by the Australian Bureau of Statistics (ABS)....
Domino’s Pizza Enterprises has started to rebuild sales,
February 21, 2024 03:05 PM AEDT| By Team Kalkine MediaDomino’s Pizza Enterprises has started to rebuild sales, earnings and franchise partner profitability across its local and international operations, with stores in Australia and New Zealand leading the way....
Property fund manager Charter Hall reports a $190 million loss in 2024 first half
February 21, 2024 03:03 PM AEDT| By Team Kalkine MediaProperty fund manager Charter Hall reports a $190 million loss in 2024 first half, after absorbing a $282.3 million writedown against its real estate. At the end of the period, the Property Investment portfolio value was $2.8 billion, some 4% of the...
Santos today announced its full-year results for 2023, reporting sales revenue of US$5.889 billion,
February 21, 2024 03:01 PM AEDT| By Team Kalkine MediaSantos today announced its full-year results for 2023, reporting sales revenue of US$5.889 billion, EBITDAX of US$4.083 billion, underlying profit of US$1.423 billion and free cash flow of US$2.128 billion....
ASX to open lower. Dominos report a fall in profit
February 21, 2024 01:40 PM AEDT| By Team Kalkine MediaThe Australian share market is expecting to open lower this morning. Domino’s Pizza Enterprises has started to rebuild sales, earnings and franchise partner profitability after a fall in profit. Santos today announced its full-year results for 2023,...
Woolworths boss Brad Branducci quits
February 21, 2024 08:00 AM AEDT| By Team Kalkine MediaWoolworths Group advises that Managing Director and Group CEO of Woolworths Group, Brad Banducci, has given notice of his intention to retire and, by agreement with the Board, will leave in September 2024, Woolworths Group’s 100th year....
Vertex Minerals (ASX:VTX) Charting a golden course at Hill End mine
February 20, 2024 08:07 PM AEDT| By Team Kalkine MediaVertex Minerals (ASX:VTX) is an ASX-listed gold explorer, advancing with a commitment to developing the next-generation of multi-million-ounce gold deposits in the New South Wales and Western Australian goldfields. Today’s session involves an in-dept...
BlueScope plans expansion into US with Colorbond
February 19, 2024 03:50 PM AEDT| By Team Kalkine MediaAustralia’s largest steelmaker, BlueScope, is eyeing a $1.83 billion expansion plan in the US, built around taking its Colorbond corrugated steel roofing products over there....
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Seven Group Holdings has today announced a proposal to acquire the shares in Boral
February 19, 2024 08:00 AM AEDT| By Team Kalkine MediaSeven Group Holdings has today announced a proposal to acquire the shares in Boral that it doesn’t currently own. SGH currently holds a 71.6% controlling interest in Boral. Under the Offer, SGH Bidder, a wholly owned subsidiary of SGH, would acquire...
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Westpac says it made $1.5 billion in cash profit
February 19, 2024 07:30 AM AEDT| By Team Kalkine MediaWestpac says it made $1.5 billion in cash profit over the first quarter of its calendar year, 6 per cent lower than the average of its two previous halves, as competition for loans and deposits squeezed the net interest margin to 1.78 per cent. Our u...
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Lendlease reported a net loss of $136 million in the first half of FY24,
February 19, 2024 07:10 AM AEDT| By Team Kalkine MediaThe increase in net debt from $2.4b at FY23 to $3.7b at the period end includes net production spend of $0.9 billion on key development projects including One Sydney Harbour, One Circular Quay, Elephant Park, The Exchange TRX, MSG and La Cienega as w...
ASX to open higher. Westpac says it made $1.5 billion in cash profit
February 19, 2024 07:00 AM AEDT| By Team Kalkine MediaThe Australian share market is expecting to open higher this morning. Lendlease reported a net loss of $136 million in the first half of FY24 Seven Group Holdings has today announced a proposal to acquire the shares in Boral Westpac says it made $1.5...
Seven West Media has agreed to make a strategic investment of $5.25 million in Mad Paws
February 16, 2024 03:26 PM AEDT| By Team Kalkine MediaSeven West Media has agreed to make a strategic investment of $5.25 million in Mad Paws via a share placement, giving it a 10.8% stake in the company, with both companies perfectly aligned to drive future growth....
Eagers Automotive is investigating a cyber security incident
February 16, 2024 01:30 PM AEDT| By Team Kalkine MediaEagers Automotive confirmed it is investigating a cyber security incident, with the support of external experts....
Origin Energy report statutory profit $995 million
February 16, 2024 01:26 PM AEDT| By Team Kalkine MediaOrigin Energy report Statutory profit was $995 million, an increase from $399 million in the prior corresponding half. Improved earnings across all business segments contributed to an increase in Underlying profit to $747 million....
Jobs at The Star will be protected after a formal Jobs Guarantee Agreement
February 16, 2024 01:22 PM AEDT| By Team Kalkine MediaThe Star Entertainment Group has entered into binding documentation to give effect to the previously announced aspects of the arrangements agreed in-principle with the NSW Treasurer,...
ASX to open higher. Origin profit doubled
February 16, 2024 01:19 PM AEDT| By Team Kalkine MediaThe Australian share market is expecting to open higher this morning. Origin Energy report statutory profit $995 million, an increase from $399 million in the prior corresponding half. Jobs at The Star will be protected after a formal Jobs Guarantee...
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