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Video
Gold Rebounds as Powell Signals Patience on Rate Cuts
May 08, 2025 09:30 AM AEST| By Team Kalkine MediaGold rose to $US3382.82 an ounce on Thursday after sliding 2 per cent the previous day, as Federal Reserve Chair Jerome Powell signalled a cautious stance on interest rate cuts....
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Transurban Slashes 300 Jobs to Cut Costs Amid NSW Toll Backlash
May 08, 2025 09:00 AM AEST| By Team Kalkine MediaTransurban will cut 300 jobs—about 7% of its workforce—to save over $50 million annually, aiming to become more agile amid public backlash over toll road privatisation in NSW, its largest market....
Woodside Braces for Shareholder Revolt Over Climate Inaction
May 08, 2025 08:45 AM AEST| By Team Kalkine MediaWoodside Energy is facing renewed investor backlash over its climate policies ahead of its annual general meeting, as major shareholders prepare protest votes against key directors....
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ANZ Delivers $3.57b Profit as CEO Shayne Elliott Exits on a High
May 08, 2025 08:30 AM AEST| By Team Kalkine MediaANZ Bank reported a flat first-half profit of $3.57 billion as CEO Shayne Elliott prepares to step down after nearly a decade at the helm....
ASX Set to Climb Oil Tumbles on Trump Tariff Stance
May 08, 2025 08:15 AM AEST| By Team Kalkine MediaAustralian shares are expected to rise, following Wall Street’s gains after the US Federal Reserve signalled no urgency to cut interest rates despite escalating trade tensions....
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Aussie Investors Reap Rewards as Wall Street Recovers Fast
May 07, 2025 09:55 AM AEST| By Team Kalkine MediaAustralian investors made smart gains by buying US stocks during April’s market downturn....
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Bitcoin Surges on Hopes of US-China Trade Breakthrough
May 07, 2025 09:53 AM AEST| By Team Kalkine MediaBitcoin jumped above $US97,500 on Wednesday, buoyed by optimism that upcoming trade talks between the US and China could ease global economic tensions....
JB Hi-Fi Powers Through Tough Market with Solid Sales Gains
May 07, 2025 09:39 AM AEST| By Team Kalkine MediaJB Hi-Fi reported a slowdown in sales growth for the March quarter, with Australian same-store sales rising 6%—down from 7.1% growth in January....
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Ramsay Health Eyes Stake in WA's Largest Radiology Group
May 07, 2025 08:45 AM AEST| By Team Kalkine MediaRamsay Health Care is in early-stage talks to acquire a minority stake in Perth Radiological Clinic, Western Australia's largest radiology group backed by private equity firm Allegro Funds....
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NAB Profit Edges Up to $3.58b
May 07, 2025 08:30 AM AEST| By Team Kalkine MediaNational Australia Bank (NAB) posted a $3.58 billion half-year profit, a 1% increase on the prior year, slightly beating market expectations....
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ASX Set to Fall Again as Tariff Fears Weigh; $A Hits 2024 High, NAB Margin Squeezed
May 07, 2025 08:00 AM AEST| By Team Kalkine MediaAustralian shares are expected to decline for a third session, with ASX 200 futures down 31 points (0.4%) after Wall Street losses triggered by US tariff concerns....
BYD Outsells Tesla 6-to-1 in Australia as EV Sales Drop After FBT Changes
May 06, 2025 09:47 AM AEST| By Team Kalkine MediaTesla's Australian vehicle sales plummeted 76% in April to just 500 units, while Chinese rival BYD surged ahead, selling 3207 vehicles—over six times more....
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Harris Farm Markets Losses Triple to $22M After Software Rollout Failures
May 06, 2025 09:18 AM AEST| By Team Kalkine MediaHarris Farm Markets' annual losses surged from $6.2 million to $22 million in FY24, triggered by disruptions from a new software system that impacted stock and payments operations...
Netflix Sends $1.2b Offshore Despite Earning $1.3b in Australia
May 06, 2025 09:00 AM AEST| By Team Kalkine MediaNetflix generated $1.3 billion in Australian revenue in 2024 but shifted 93% offshore via $1.2 billion in “distribution fees” to reduce its local tax bill, posting a modest $23.3 million profit....
Sigma Earnings Rise 36% Amid $42M Merger Costs with Chemist Warehouse
May 06, 2025 08:45 AM AEST| By Team Kalkine MediaSigma Healthcare reported a 36% rise in pre-tax earnings for the nine months to March, reflecting growth aligned with Chemist Warehouse’s first-half performance prior to their February merger....
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HMC in Advanced Talks to Take Over Healthscope Hospitals
May 06, 2025 08:30 AM AEST| By Team Kalkine MediaHMC Capital is in advanced discussions with hospital operators to take control of the 11 Healthscope hospitals it owns through its Healthco Healthcare and Wellness REIT and Unlisted Healthcare & Life Sciences Fund....
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ASX Tipped to Fall; HMC in Talks to Sell Healthscope Hospitals
May 06, 2025 08:00 AM AEST| By Team Kalkine MediaAustralian shares are expected to drop again as ASX 200 futures point to a 0.3% decline, tracking Wall Street losses amid renewed trade war concerns and Federal Reserve rate uncertainty....
Media Giants Push the Government to Enforce Big Tech Payments for News
May 05, 2025 09:44 AM AEST| By Team Kalkine MediaNews Corp, Nine Entertainment, and Seven West Media have urged the Albanese government to enforce stronger rules under the News Media Bargaining Code, demanding urgent action after Meta refused to renew deals worth an estimated $70 million annually.....
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Endeavour Group Sales Dip as Bottle Shop Demand Weakens
May 05, 2025 09:10 AM AEST| By Team Kalkine MediaEndeavour Group reported a 3Q sales decline to $2.84 billion, missing expectations due to weaker alcohol demand and lingering supply chain issues....
Gold Fields Seals $3.7b Takeover of Gold Road, Secures Full Control of Gruyere Mine
May 05, 2025 08:48 AM AEST| By Team Kalkine MediaSouth African mining giant Gold Fields has finalised a $3.7 billion takeover of joint venture partner Gold Road Resources, securing full ownership of the lucrative Gruyere gold mine in Western Australia....
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