David Chau

Coles reveals its half-year profit dropped 3 per cent — though it is not because groceries are getting cheaper. Its CEO Leah Weckert says the company received a $120 million boost to sales after rival Woolworths was affected by industrial action before Christmas.

The ACCC will increase its scrutiny of Australia's supermarkets, retailers, airlines and essential services as a lack of competition exacerbates the cost of living crisis, while its chair Gina Cass-Gottlieb worries there could be an uptick in financial scams as US President Donald Trump relaxes cryptocurrency regulations.

The Australian share market ended higher on Wednesday, buoyed by mining stocks in response to China's retaliatory tariffs against the United States.

Hundreds of Australian companies are set reveal how much money they have earned or lost against the backdrop of major uncertainty from Trump's America.

It was a strong year for the ASX, which climbed to 24 new record highs on hopes of interest rate cuts. However, there is likely to be significant volatility in 2025 as investors try to work out the inflationary impacts of US president-elect Donald Trump's trade policies.

Since pledging to make America the "crypto capital of the planet", Trump's promises to enact pro-cryptocurrency policies have helped push the value of bitcoin to new records. Can the great run continue?

Woolworths held its annual general meeting, Coles released a trading update, and the Australian share market traded slightly down as hopes for a pre-Christmas interest rate cut faded. Here is how the trading day unfolded on our business blog.

More than 1,000 workers could soon lose their jobs as Australia's universities aggressively cut costs ahead of the federal government's proposed international student caps.

With Australia's economy growing at its slowest pace in decades and expectations interest rates could soon start to fall, analysts are warning there is too much "exuberance" on the share market.

Michele Bullock gave a speech outlining the costs of high inflation, warning that some hard-hit households may have to "sell their homes" amid the cost-of-living crisis. This is how the day's finance news unfolded.