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Caltex expects to post 81% rise in half-year net profit

Oil refiner Caltex Australia says its profit for the first half of the year could rise by up to 81 per cent per cent due to higher production.

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Metcash plans to move into car parts

Metcash's full year profit falls by 63 per cent as the grocery wholesaler announces that it will move into car parts.

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Santos shares hit as Gladstone LNG costs rise

Santos shares fall after the owners of the Gladstone liquefied natural gas project agree to spend another $US2.5 billion on its development

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Late toll road open to cost Leighton Holdings $26m

Leighton's Airport Link toll road in Brisbane will open in July, but the late delivery will cost the construction company almost $1 million a day.

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New home sales rise by 0.7% in May

New home sales in Australia posted a modest rise of 0.7 per cent in May, despite a rate cut of 0.50 by the central bank early in the month.

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News Corp shares after board approves a company split

News Corp's board has reportedly approved the split of its entertainment and publishing businesses.

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