Finance News – Profits
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CBA profits rise, chief says Australia can navigate ‘heightened’ global risks
The bank reported a significant increase in earnings during the March quarter, while its leader expressed confidence in the country's ability to manage ongoing international econom...
Read Full Article →Tesla’s Australian chair made $306 million as profits fell
Despite a notable decrease in company earnings and stock value, Tesla’s Australian board leader earned a substantial amount from her holdings during this period.
Read Full Article →Macquarie chief’s pay cut to $24m as ‘millionaires’ factory’ rakes in $3.7b
Macquarie's recent profit announcement highlighted substantial earnings alongside a reduction in the chief executive's compensation to $24 million, reflecting ongoing financial gro...
Read Full Article →Rates tipped to tumble, Trump-triggered uncertainty to hang around ‘for a while yet’
The lender indicated that upcoming financial fluctuations are likely, reflecting ongoing economic uncertainty linked to recent political developments, which may impact market condi...
Read Full Article →ASX set to fall, Trump tariff uncertainty hurts Wall Street giants; Aussie dollar rises; NAB results...
The decline in US markets, influenced by tariff-related uncertainties and reduced enthusiasm for AI stocks, contrasts with the Australian dollar's increase and upcoming financial r...
Read Full Article →Fewer borrowers falling behind on loan repayments, says Westpac
Westpac reported $3.3 billion in profits for the first half, attributing improved loan repayment rates to the recent interest rate reduction by the central bank.
Read Full Article →ASX set to rise, Wall Street keeps streak alive; Westpac profits dip
The Australian stock market is expected to open higher following positive momentum from U.S. equities, while Westpac's latest earnings report revealed a modest decline in profitabi...
Read Full Article →Billionaire profits from slump in Melbourne office towers
Two investors are acquiring office towers in Melbourne at significantly reduced prices, capitalizing on the current market downturn in property values within the Flinders and Colli...
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