Unemployment up to 5.3% as slack widens
The unemployment rate edged higher to a seasonally adjusted 5.3 per cent in August, hinting that more stimulus may be needed to eat into labour market slack.
Washington H Soul Pattinson’s full year profit has dipped on rising costs and as its Round Oak Mineral subsidiary slumped to a big loss.
Energy giant ExxonMobil has placed its Gippsland gas assets on the market, the US conglomerate confirming it is “testing market interest”.
The Leading Indicator of Employment released by the Department of Jobs and Small Business recorded a fall in September for the 16th month in a row.
More than 200 life insurance policyholders have been paid $730,000 in compensation after financial group ClearView gave them poor advice.
Fujifilm has exercised its option to license a stem cell treatment for graft-versus-host disease that’s being developed by Melbourne biotech company Cynata.
Hyundai is embracing the share-car industry, investing a further $6.2 million in an Australian company to make it easier for owners to lease their vehicles.
Mining giant BHP paid CEO Andrew Mackenzie 24% less last year, with a committee scoring his performance harshly following the death of a Queensland miner.
Helloworld shares have recovered a whole month’s losses after the travel operator said it expects full-year earnings to rise as much as 12.5 per cent.
Alan Joyce was Australia’s highest-paid chief executive in 2018, narrowly beating Macquarie Group CEO Nicholas Moore with $23.9 million in renumeration.
Reserve Bank of Australia board members agreed that risks to the global growth outlook had heightened on escalating US-Sino tensions, and slowing China growth.
Cimic Group company CPB Contractors will design and build the new underground Sydney Metro City and Southwest Pitt Street station.
New Hope Corporation has increased its full-year profit by 41 per cent to $210.7 million, helped by its larger stake in the Bengalla mine in NSW.
Consumer confidence cratered to a two-year low at the weekend, a survey by ANZ and Roy Morgan suggests.
A man was located with life-threatening injuries on the Murray Valley Highway in Cohuna. It is believed the incident happened about 6am but the man was unable to be revived and died at the scene. More to come
Homicide Squad detectives have charged an Echuca man with murder following the death of another man in Daltons Bridge near Cohuna yesterday. A 29-year-old Daltons Bridge man was located with life threatening injuries at an address on Easton Rd...
Emergency services are responding to a major collision on the Goulburn Valley Hwy near Gillespies Rd. The highway is closed in both directions and is under Victoria Police control. It will re-open when it is safe to do so. Drivers have been asked to...