Sydney Business News

Woolworths chief executive, Michael Luscombe, told shareholders at the company's annual meeting that the changes had been noticeable in the way consumers were seeking to get the most out of household budgets. Though the group was confident of its prospects...

Tower Australia revealed a 32 per cent fall in net profits yesterday, pushing its shares down sharply to close at $3. Tower announced underlying profit gained 10 per cent to $74.5 million for the 12 months to September 30 as...

There are about 15 million TV sets already in Australian homes, but as Christmas approaches, retailers and manufacturers are reporting unprecedented demand for flat-screen TVs. There are also forecasts that 2.4 million new TV's will have been sold this year....

The power company TRUenergy says foreign companies are highly unlikely to spend the billions needed to enter the NSW electricity industry after policies on cutting carbon emissions were made public this week. Under the policies, owners of coal-fired power stations...

The Bushfires Royal Commission has been told that 105 fire fighters were at risk from the 19 different incidents. A burnover is usually when flames surround a fire truck and fire crews take refuge in the tanker, using water spray...

As companies bade farewell to chief executives including Eddy Groves (ABC Learning), Paul Oneile (Aristocrat) and Mike Tilley (Challenger) last year, almost one-quarter of chief executives in Australian top 200 listed companies found themselves out of a job, a consultancy...

The rising temperature over Capital Hill and the scheming, trading and emissions emanating from a Federal Opposition intent on destroying itself has helped obscure what was to be one of the most important parliamentary debates of the year.