AAP Finance

Farming sector can beat COVID-19: Rabobank

A low Australian dollar could help the nation’s farming industry weather the COVID-19 storm, according to Rabobank.

AAP Newswire

Panic buying gives retail spending a boost

Retail spending rose by a better than expected 0.5 per cent in February as people stocked up on essential items ahead of the onset of the COVID-19 pandemic.

AAP Newswire

Panic buying gives retail spending a boost

Retail spending rose by a better than expected 0.5 per cent in February as people stocked up on essential items ahead of the onset of the COVID-19 pandemic.

AAP Newswire

Santos investors air fears over CSG plan

Santos shareholders have criticised the oil and gas producer over its controversial coal seam gas proposal for Narrabri during its annual general meeting.

AAP Newswire

Class action filed against Treasury Wine

Slater + Gordon has filed a class action lawsuit against Treasury Wine Estates, saying the winemaker breached its continuous disclosure obligations.

AAP Newswire

Agents face jail for renter super advice

ASIC said it is aware some real estate agents are advising tenants who are unable to pay their rent to consider dipping into their superannuation.

AAP Newswire

Job vacancies dip slightly before COVID-19

A seasonally adjusted quarterly decline in jobs vacancies reflects reduced vacancies for some of the businesses affected by bushfires, the ABS says.

AAP Newswire

NZ freezes dividends to Australia’s big 4

Australia’s big four banks won’t be able to receive dividends from their NZ subsidiaries during the coronavirus crisis, the Reserve Bank of New Zealand says.

AAP Newswire

Westpac’s Peter King secures CEO role

Westpac has made Peter King its chief executive, who had been acting in the role.

AAP Newswire

CBA increases coronavirus loan support

Commonwealth Bank has announced it will make a one-time payment to all customers who are receiving a home loan deferral because of the coronavirus.

AAP Newswire

Webjet to raise $275m to weather virus

Webjet will raise $275 million to deal with the impact of the coronavirus and government travel restrictions on its business.

AAP Newswire

Rex reverses Qld suspension decision

Regional airliner Rex will continue its Queensland operations on a reduced service until at least April 8.

AAP Newswire

RBA held recession fears before rate cut

The Reserve Bank feared at least two quarters of economic contraction when deciding to cut the cash rate to a record low at its ad hoc meeting in March.

AAP Newswire

Building approvals climbed 19.9% in Feb

Home building approvals climbed by 19.9 per cent in February but the coronavirus pandemic is set to take a toll on the building industry.

AAP Newswire

ACCC won’t block $16bn CUB sale to Asashi

Asahi’’s $16 billion purchase of Carlton & United Breweries from AB Indev has been given the green light from the competition watchdog.

AAP Newswire

House prices show early virus impact

Housing prices have shown the first signs of coronavirus impact, with March recording the lowest monthly gain since July.

AAP Newswire

Traffic slows, toll prices will still rise

Transurban’s average daily traffic figures for March show an accelerating decline in cars travelling on its Sydney, Melbourne, and Brisbane toll roads.

AAP Newswire