The company's operating margin improved to 74 per cent, while sales revenue increased 16 per cent, despite a dip in volumes.Based on the performance of the PNG LNG project, Oil Search narrowed its production guidance for the full year, with the bottom end of the range lifted from 28.
Greencross admits it is not immune to Amazon but believes its shift towards putting veterinary clinics inside pet care stores will give it a strong competitive advantage.The group's Australian retail outlets Petbarn and City Farmers make up 62 per cent of its annual revenue, while its vet clinics account for 26 per cent.
It's the fastest-ever pace and on track to hit a new record this year.Some 13,063 new vehicles were registered in August, ahead of the 12,677 registered in the same month last year, according to the Motor Industry Association.
It follows revelations of exploitation by some 7-Eleven franchisees.The Fair Work Ombudsman's powers will also be strengthened to make sure the exploitation of vulnerable workers can be effectively investigated.
The South Australian government will contribute nearly $1 million to help bring a Cooper Basin gas project to market with the exploration company also shifting its head office to Adelaide from Sydney.SA Mineral Resources Minister Tom Koutsantonis said the move showed the state was becoming the 'centre of nation's gas sector' due to the right geology, investments and correct regulatory frameworks.
4 per cent decline in insurance earnings reflecting increased claims as a result of natural disasters such as the Kaikoura earthquake last November, higher working claim costs and challenging conditions in the business insurance market.Sydney-based IAG's New Zealand business is the biggest general insurer in the country, with the AMI, State, NZI and Lumley Insurance brands on this side of the Tasman.
Shares in The A2 Milk Company have hit a record high after a boom in infant formula demand in China and Australia almost tripled its annual profit to $NZ90.9 per cent, to $4.
Discount retailer The Reject Shop's full-year profit has fallen 27.8 per cent to $12.
An unexpected boost in exports in the three months to June has prompted economists to lift their forecasts for economic growth in the quarter.36 billion, or 87 per cent, in the June quarter, seasonally adjusted figures from the Australian Bureau of Statistics showed.
Queensland company Senex is the preferred tenderer for the first major gas project in the Surat Basin to produce for supply for domestic consumption only.Queensland mines minister Anthony Lynham made the announcement to state parliament on Tuesday, telling MPs it would generate about 150 jobs.
2 per cent in the June quarter - a rate not seen since the same quarter of 2015 - for an annual rate of 1.6 per cent.
Most groups owed money by the struggling Ten Network, including employees, will be paid in full under the takeover deal proposed by US broadcast giant CBS, the administrators of the third-ranking free-to-air player say.A report to creditors of Ten released on Monday night says the deal proposed by CBS in its surprise bid for the Australian network will enable Ten to continue and "maximise" return to creditors.
Consumers are feeling less confident in their own finances but are more positive about the broader economy.The latest ANZ-Roy Morgan Consumer Confidence Index gained half a percentage point last week to 114.
On Tuesday United Tech also knocked down speculation that the acquisition would prompt it to spin off other businesses, such as Carrier air conditioners or Otis elevators.The acquisition creates a major supplier to Boeing Co, Airbus SE and Bombardier at a time when the plane makers are pressing for price cuts and trying to compete against suppliers on services and spare parts.
The Rovio shares will be listed on the Nasdaq Helsinki exchange.The company is best known for Angry Birds, first launched as a mobile game in 2009.
The company owns the Abra lead and silver project in central Western Australia, one of the largest lead-silver deposits in the world, and wants to develop it into a mid-sized, high grade and high margin operation.5 million.