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Social media under competition spotlight

Australia's competition regulator will look at barriers for new social media platforms, along with advertising tools like "influencers", as part of an inquiry.…

BHP puts Blackwater South coal mine on ice

A proposed Queensland coal mine with a 90-year life span has been shelved because of significant sovereign risk sparked by new state royalties, BHP says.…

BHP surges on record FY, coy on OZ Min bid

The stellar result for BHP and shareholders comes after record iron ore sales from WA operations, and with a bid for OZ Minerals' copper and nickel in play.…

Seven West Media launches share buyback

Seven West Media will buy back up to 10 per cent of its shares, following a boost to revenue for 2021/22 but a drop in after-tax profits.…

Beach Energy disappoints despite gas hike

Oil and gas company Beach Energy is preparing to be the latest global LNG player, but investors savaged the stock after the annual result missed the mark.…

BlueScope posts record profit on hot steel

BlueScope Steel has posted a record profit with products in the 'sweet spot' on global trends including lower emissions, hybrid work and the rise of e-commerce.…

Austrlaian Associated Press

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