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Canaccord Genuity Australia executive chair Michael Manford.

CEOsPremiumCanaccord Genuity profit dips despite stronger revenue

Filings for Canaccord Financial Group (Australia) show annual revenue jumped 13 per cent to $198m but increased bonuses reduced net profit for the year to March by 11 per cent to $16.5m.

Sean Smith

The deal marks Xero chief Sukhinder Singh Cassidy’s first major acquisition since stepping into the role.

TechnologyCommentsAccounting software firm Xero makes $4b purchase to crack US

Accounting software firm Xero will buy New York-based Melio Payments for $US2.5 billion ($3.9b) in a bid to push deeper into the US market.

Cheyanne Enciso

Commonwealth Bank shares have hit a new all-time high, climbing past the $190 mark. (Joel Carrett/AAP PHOTOS)

MarketsPremiumAust shares flat but Commonwealth Bank hits record high

Commonwealth Bank shares have broken $190 for the first time but weakness in the mining sector has kept the bourse overall little changed.

Derek Rose

Japan's Nikkei index traded flat on the news of a ceasefire in the Middle East. (AP PHOTO)

MarketsPremiumAsian markets mixed, $US sags after Iran-Israel truce

Asian stock markets have reacted with mixed trading following a ceasefire between Israel and Iran.

Kevin Buckland

Wall Street investors sold energy stocks after a decline in crude prices amid an Israel-Iran truce. (AP PHOTO)

MarketsPremiumWall Street ends higher as Middle East tensions cool

US stocks have closed higher as investors cheered news of a ceasefire between Israel and Iran.

Stephen Culp

Adore Beauty will roll out its first Perth stores. It opened its first retail store at Westfield Southland (pictured) earlier this year.

The West Australian exclusive
The West Australian exclusive
RetailCommentsPremium
The West Australian exclusive
‘WA a focus for us’: Adore Beauty rolls out new Perth stores

Online cosmetics retailer Adore Beauty is ramping up its bet on bricks-and-mortar by opening two stores in Perth just weeks apart.

Cheyanne Enciso

The benchmark ASX200 climbed higher on Tuesday. NewsWire/ Gaye Gerard

MarketsPremiumASX200: Oil nosedives on ceasefire promise

The Australian sharemarket has finished in positive territory despite volatile tensions in the Middle East.

Blair Jackson

Greatland Gold board member Elizabeth Gaines, CEO Shaun Day, and Mark Barnaba in 2022.

The West Australian exclusive
The West Australian exclusive
GoldCommentsPremium
The West Australian exclusive
A golden debut as Barnaba-backed Greatland joins the bourse

Greatland Resources’ arrival on the ASX on Tuesday made it one of the largest listed companies in WA after years of groundwork and deal making, but chairman Mark Barnaba believes the real work starts now. 

Simone Grogan

Penfolds is still expected to make up the lion’s share of earnings.

RetailCommentsTWE warns of weaker performance from money-maker Penfolds

Treasury Wine Estates has warned investors to expect a weaker performance from its flagship Penfolds label as it spends up big on marketing to re-establish its presence in China while sales in the US falter.

Daniel Newell

Virgin Australia incoming CEO Dave Emerson.

updated
updated
IPOsComments
updated
Virgin shares flying high on return to ASX

Virgin Australia has roared back onto trading on the stock exchange, more than five years after crashing with more than $6 billion of debt.

Neale Prior

Most sectors on the Australian Securities Exchange have gained ground in early trading. (Bianca De Marchi/AAP PHOTOS)

MarketsPremiumAustralian shares rally on Iran-Israel ceasefire hopes

The ASX energy sector is down as oil prices plunge after Donald Trump announced a ceasefire in the Iran-Israel conflict, but most other sectors are higher.

Derek Rose

Gina Rinehart's Hancock Prospecting and Rio Tinto will invest in an extension of Hope Downs in the Pilbara.

MiningCommentsPremiumRio and Rinehart pour billions into iron ore mine extension

Australia’s most prolific iron ore miner and the country’s richest person have agreed to invest more than $2 billion to keep the Hope Downs mining operation alive.

Adrian Rauso

Collins Foods is the major operator of KFC and Taco Bell in Australia.

RetailCommentsShares soar despite profit slump at biggest KFC operator

Shares in Collins Foods, the nation’s biggest KFC operator, have soared despite the company reporting a near-90 per cent slump in full-year profit as restaurant impairments drag results lower.

Cheyanne Enciso

Mineral Resources’ Osborne Park headquarters.

The West Australian exclusive
The West Australian exclusive
MiningCommentsPremium
The West Australian exclusive
ASIC confirms Kali IPO saga will feature in MinRes probe

The corporate cop has confirmed Kali Metals’ emergence on the stock market last year is going to be in the thick of its investigation into Mineral Resources.

Adrian Rauso

The Nikkei rallied 1.1 per cent and MSCI's broadest index of Asia-Pacific shares rose 2.2 per cent. (AP PHOTO)

MarketsPremiumShares rally, oil slumps as Iran-Israel truce in effect

European and Asian shares have risen and US futures are up after news of an Israel-Iran ceasefire, while oil prices have tumbled as the threat to trade fell.

Wayne Cole and Stella Qiu

The tentative ceasefire in the Middle East — if it takes effect and lasts — may pull traders’ main focus back to the crude market’s underlying fundamentals.

EnergyCommentsPremiumMotorists breathe easy as oil extends slump on ceasefire

Oil extended a slump as US President Donald Trump announced a tentative ceasefire between Iran and Israel.

Bloomberg 

Virgin Australia is returning to the trading boards on Tuesday.

AviationPremiumVirgin on approach for $685m return to ASX

Bain Capital’s Virgin Australia will begin trading back on the ASX on Tuesday after raising $685 million in one of the country’s biggest initial public offerings this year.

Daniel Newell

Investors on Wall Street are focused on upcoming data releases and developments in the Middle East. (AP PHOTO)

MarketsPremiumWall St gains as rate cut hopes offset Iran war fears

US stocks have closed higher as investors continue to monitor developments in the Middle East.

Stephen Culp

Eight of the 11 sectors fell during a volatile day of trading. Photo: Gaye Gerard / NewsWire

MarketsPremiumASX falls to three-week low on Iran fears

Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.

Cameron Micallef

Business. Pilbara Minerals managing director Dale Henderson.

MiningHenderson keeps the faith after $1m PLS splurge

The chief of PLS keeps buying millions of dollars worth of his company’s stock amid a share price slide showing no signs of abating. 

Adrian Rauso

Adairs is Australia’s biggest retailer of home furnishings and furniture, with about 200 stores across the country.

RetailCommentsAdairs’ earnings weighed down by promotional blitz

Home furnishings chain Adairs says it is on track to deliver record sales in the 2025 financial year, but heavy discounting to achieve this has dented margins.

Cheyanne Enciso

Not Supplied

updatedPremiumOne thing Aussie motorists should do

As the Iran-Israel conflict worsens, motorists are being urged to take advantage of cheaper fuel prices today before it’s too late.

Cameron Micallef

KMD Brands, which owns Kathmandu, has warned tariffs could strip out $1m in earnings for FY25. NewsWire / Gaye Gerard

MarketsPremiumTrump slump smashes major Aussie fashion labels

Alarm bells are ringing for a major ASX-listed fashion business as a brutal Trump slump and inflation shock smashes share prices.

Duncan Evans

Metcash boss Doug Jones.

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RetailComments
updated
Cost-conscious shoppers bypassing big-box chains: Metcash

Metcash boss Doug Jones says cost-conscious shoppers are increasingly choosing their local liquor stores over big-box retailers as the product offerings improve and the price gap narrows.

Cheyanne Enciso

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