AAP Finance

Hyundai teams with car service Carly

Hyundai Motors has become the first car manufacturer to embrace car subscriptions in Australia, partnering with Collaborate Corp’s Carly car service.

AAP Newswire

US owners to sell NZ’s Three TV network

US private equity firm Oaktree Capital Management is selling the New Zealand television assets of its MediaWorks business.

AAP Newswire

US owners to sell NZ’s Three TV network

US private equity firm Oaktree Capital Management is selling the New Zealand television assets of its MediaWorks business.

AAP Newswire

Green energy set to power WA mining hub

Fortescue Metals says it is working to power its Chichester Hub operations in the Pilbara with solar energy.

AAP Newswire

Negative rates ‘extraordinarily unlikely’

The RBA governor says it is “extraordinarily unlikely” that negative interest rates would be needed to meet inflation and growth targets.

AAP Newswire

Seven, Prime merge in bid to attract ads

Seven West Media is to merge with regional affiliate Prime Media as free-to-air networks continue to grapple with falling advertising revenue.

AAP Newswire

Wisetech shares plummet after short attack

Overseas short-sellers have unleased another attack on an Australian listed company, this time accusing Wisetech Global of shoddy accounting.

AAP Newswire

Dip in jobless rate may delay next RBA cut

The unemployment rate edged lower to a seasonally adjusted 5.2 per cent in September.

AAP Newswire

ANZ drops pension sale price by $125m

ANZ will receive 13 per cent less from IOOF for its pension assets than it originally expected after agreeing to a revised $850 million price tag.

AAP Newswire

Poll shows US economy hurt by trade wars

The US Federal Reserve reports that “persistent trade tensions and slower global growth” are weighing on the economy.

AAP Newswire

CBA’s Colonial hit with super class action

Colonial First State has been hit with a class action alleging super members lost money because the CBA-owned wealth manager was too slow to implement reforms.

AAP Newswire

Home building drag to persist to 2020: RBA

The Reserve Bank believes falling residential construction activity will continue to drag on Australia’s economy until 2020.

AAP Newswire

IAG to sell stake in Indian insurance firm

Insurance Australia Group says it is stepping away from a joint venture it launched with State Bank of India 10 years ago.

AAP Newswire

BoQ profit drops 14% and flags lower FY20

Bank of Queensland’s full-year profit has fallen 14 per cent to $320 million and chief executive George Frazis has flagged another drop in the year ahead.

AAP Newswire