Qantas has announced the testing of non-stop flights from Sydney to London and New York amid a $1.3 billion drop in profits. The annual results released by Qantas showed a 6.5 per cent fall in net earnings which it has put down to rising fuel costs. But the airline is focusing on “Project Sunrise” which […]

Property developer Stockland is urging banks to exercise responsible lending amid the uncertain post banking royal commission environment. Stockland’s net profit fell 70 per cent to $311 million as a retail recession hit its shopping centres, but the CEO says he’s also concerned about the banks’ ability to lend. CEO Mark Steinert tells Ross Greenwood […]

The BHP chief financial officer argues their choice to act on climate change is a smart business move. The mining giant will try to monitor and influence the carbon emissions of customers and even try to tie executive pay packets to the success of reducing greenhouse gas emissions. It has been announced that BHP has […]

Every business is always looking for ways to do things better, whether it be a little tweak to free up some time, a new tool that grants deeper insight or a fresh system to give more benefit over time. A lot of businesses also have transport needs, costing time and money and not always being […]

The Telstra CEO says he expected a fall in their full-year profits which were down by 40 per cent to $2.15 billion. Its last year’s profit was 3.5 billion but this year’s result can be attributed to the $600 million hit to earnings since the introduction of NBN. The company has so far cut costs […]

The Shadow Assistant Minister for Treasury says productivity growth is the key to wages growth after the Reserve Bank of Australia warned the government needs to do more. Reserve Bank Governor Philip Lowe has lowered the RBA’s forecasts, telling the government’s Economics Committee in Canberra that the economy is at a “turning point”. Wages growth […]