10% rise in streaming lifts Warner Bros. Discovery results
Warner Bros. Discovery Q2 2026: streaming revenue rose 10% to over $3bn and streaming EBITDA topped $500m. Total revenue $8.7bn, net debt about $29.7bn.
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3 min read
Finance
Latest in Finance
Healey faces 3 wealth-tax options before Oct 28 budget
John Healey must choose among three wealth-tax options to raise revenue without increasing headline tax rates in his October 28 budget, amid defence and
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6 min read
Super math: 3% vs 6% yield needs $3.2m or $1.6m
How much super to generate $8,000 a month: 3% needs $3.2m, 6% needs $1.6m. Covers superannuation yield, income timing, fees and policy levers today.
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Dow jumps 907 points as oil plunge lifts markets
Dow jumps 907 points as oil falls on hopes the Strait of Hormuz reopens, boosting tech and industrials. Earnings beats above 80% and lower yields helped the ral
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2 min read
Chevron nets $12.1bn as Trump criticises oil profits
Chevron posted about US$12.1bn in Q2 as oil prices rose. Trump urged majors to return windfall profits and cut pump prices amid hopes of Iran talks.
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Domino's writes down A$259m as sales fall 4.1%
Domino's recorded A$259 million of mainly non-cash write-downs as FY26 same-store sales fell 4.1%. Free cash flow rose to A$164m; net leverage fell to 1.9x
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3 min read
Hims & Hers shares fall 10% after FTC lawsuit
Hims & Hers fell about 10% after the FTC sued, alleging it shared sensitive health data and used unfair billing. The firm took a $15m accrual after a probe.
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3 min read
Capital-city house prices fall 1.4% in June quarter
Capital-city house prices fell 1.4% in the June quarter 2026. Domain's report shows weaker unit markets, higher listings and warns of further downside.
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2 min read
Petrol set to top $2 a litre as excise relief ends
Petrol will top $2 a litre when the 16c federal fuel excise ends on 2 August, as Brent crude tops US$100 and wholesale margins push pump prices higher.
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2 min read
34% surge shows index funds can be accidental AI bets
34% one-year gains in major emerging-markets ETFs show how market-cap weighting can make passive index funds accidental bets on AI hardware and chipmakers.
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3 min read
Steering a third of dairy calves into beef chains could lift farm returns by 2030
Dairy Australia and Meat & Livestock Australia back CalfWays, aiming to move surplus dairy calves into beef supply chains by 2030 and lift farm returns.
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3 min read
Nintendo tariff hike added up to $50 and prompted lawsuits
Oxford Economics: about US$80bn in tariffs refunded since May. Nintendo faces class actions and a government suit over US$30-US$50 Switch price rises.
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3 min read
Revolut wins ADI licence, pledges A$400m in Australia
Revolut won APRA approval for an ADI licence and will invest A$400m in Australia. Deposits are covered up to A$250,000 and savings pay up to 5.05%.
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2 min read
SpaceX share price tumbles 40% from IPO peak
SpaceX share price has slid about 40% from its post-IPO peak, from about US$225 to near US$135. Investors now watch August results and lock-up expiries.
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3 min read
Jimothy the raccoon gets 6.8 million views; experts say leave him be
Jimothy the raccoon drew 6.8 million views after a short video. Experts say he may have a congenital spinal deformity and should be left alone; call PAWS.
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2 min read
SpaceX shares fall from $161 debut to $132.15 low
SpaceX shares slid from a $161 debut high to an intraday low of $132.15 and closed near $135.27, with a tight float keeping price discovery thin.
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2 min read
Tamworth festival manager resigns after guilty plea, leaving leadership gap
Tamworth Regional Council confirms Joel Ulbricht resigned after pleading guilty to sexual touching without consent. Sentencing is set for late July 2026.
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2 min read
Nearly $48m for top ASX CEO, 500 times the average wage
ACSI data shows Life360 chair Chris Hulls received nearly $48m realised pay in FY2025, about 500 times the average full-time wage and lifting ASX CEO pay.
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2 min read
Origin to refund $270,000; average $60 per customer
Origin Energy to refund $270,000 to 4,500+ customers after an ACCC probe into its Ongoing Saver plan. Households will receive about $60 each by Jul 14 2026.
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2 min read
Coonabarabran man killed in dog attack; fines up to $22,000 under NSW law
Fines up to $22,000 apply under the NSW Companion Animals Act after a 55-year-old man died in a dog attack on his Coonabarabran property on 12 July 2026.
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2 min read
5-10% house-price fall reshapes affordability, hits investors
Forecasters expect a 5-10% fall in Australian house prices, easing the deposit hurdle for first-home buyers, shrinking investor equity and raising risks for len
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3 min read
$40m startup Phia suspended over alleged cookie stuffing
Impact.com suspended Phia after reports its extension injected referral codes, cookie stuffing. Bloomberg retested and said the behaviour stopped.
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3 min read
Bonnie Tyler's 'Total Eclipse' tops 1.2bn Spotify streams
Total Eclipse of the Heart has topped 1.2bn Spotify streams after a posthumous surge, lifting Bonnie Tyler's catalogue value and royalties for rights holders.
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3 min read
John Deere must share repair tools for 10 years
FTC orders John Deere to share repair and diagnostic tools with farmers and independent shops for 10 years after an antitrust suit over withheld software.
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2 min read
Mortgage brokers report pause as investors delay decisions
MFAA says mortgage brokers report a pause as investors delay decisions. Brokers see more advice and fewer loan applications while policy is digested.
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1 min read