Fortescue Metals Group beat its full-year iron ore estimates on the back of record shipments in the fourth quarter as demand picked up in China. Resurgent demand for iron ore from the world’s biggest importer […]
Commonwealth Bank officials have increased their estimate of the cost of compensating customers who were erroneously charged fees for financial advice by $300 million, ahead of full-year results. The bank will spend $834 million in […]
Global airlines have cut their coronavirus recovery forecast, saying it will take until 2024 – a year longer than previously expected – for passenger traffic to return to pre-crisis levels. In an update on the […]
The prices paid on consumer goods dropped by 1.9 per cent in the June quarter, the largest quarterly fall in the 72-year history of the Consumer Price Index. The result was mainly the result of […]
Free childcare and cheaper petrol have driven the cost of living in Australia backwards for only the third time on record. The record 1.9 per cent fall in the consumer price index across the June […]
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