Government-owned Qatar Airways is looking to buy a 20 per cent stake in Virgin Australia. One expert says the deal might possibly lower domestic travel prices, but more likely would reduce international fares. Speaking on the Today show on Thursday, Australian aviation expert Geoffrey Thomas said a deal with VirginContinue Reading
On October 14, Australians will cast their votes on a proposed new Voice to Parliament — but all of the nation’s top 20 public companies have already had their say. Of the top 20 businesses listed on the Australian Securities Exchange (ASX), a whopping 65 per cent have thrown theirContinue Reading
Experts are sounding the alarm over the large number of “financially weak” companies listed on the Australian stock exchange as multiple have gone bust in the past year and more failures are expected to come. A new report released by financial market research firm Stock Doctor on Thursday found thatContinue Reading
It’s the single graph that tells homeowners everything they need to know about what the future holds for interest rates and when they will start falling. And the news is grim for the next year according to financial markets, with another rate rise a real possibility and the cash rateContinue Reading
Much-loved Aussie vitamin brand Blackmore’s is set to be taken over by a major Japanese firm as part of a takeover deal worth a staggering $1.85 billion. On Thursday, Kirin Holdings – the parent company behind Lion, which owns Aussie beer brands including XXXX, Hahn and Tooheys – revealed itContinue Reading
Australia’s stock exchange has plunged by 1.8 per cent as fears grow about the health of the global banking sector. The Australian Securities Exchange (ASX) dropped to 6929.8 on the open. It plunged to a 10-week low as gloom spreads following the collapse of Silicon Valley Bank on Friday andContinue Reading