Virgin Australia’s administrators Deloitte is confident of attracting a buyer for the debt-laden airline but won’t revealing the identity of any potential suitors. At least 20 parties have expressed interest in the sale of Australia’s […]
Australia’s largest listed goldminer has announced a $1.1 billion equity raising, in part to fund its $US460 million ($A703 million) further stake in a goldmine in southeast Ecuador. Newcrest Mining’s capital raising consists of a […]
Investors turning to safe-haven bullion and soaring demand for scrap metal helped push Australian export prices higher during a COVID-affected March quarter, but this was offset by softer petrol demand amid widespread lockdowns. The nation’s […]
Aged care providers are begging for more federal government funding to help them survive the coronavirus pandemic. Nursing home operators have calculated they are receiving just $2 extra per day for every resident, which is […]
ANZ will hold off paying shareholders an interim dividend as its first-half cash profit plunges 62 per cent on a $1 billion COVID-19 hit, and the prospect of more pain to come. The big four […]
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