LendLease Group aims to raise about $1.15 billion to guard against market uncertainty brought about by the coronavirus outbreak and has withdrawn all forecasts provided with its first-half results. The construction firm says it will […]
Westpac has announced it will take a $2.24 billion pre-tax first-half impairment charge, mostly because it expects some of its loan customers won’t survive the coronavirus crisis. Westpac said new accounting standards required the bank […]
Wesfarmers has accelerated a review into its underperforming Target business as coronavirus lockdown measures hammer sales and spell a likely earnings decline. In a trading update on Tuesday, the conglomerate said a strong performance by […]
The Australian share market has got off to a sluggish start, with shares in two of the major banks seeing a marked difference in fortunes. The S&P/ASX200 benchmark index was higher by 9.2 points, or […]
People looking for a home loan from the big four banks cannot easily compare offers and many customers do not pay what advertised interest rates suggest. Those are among the Australian Competition and Consumer Commission’s […]
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