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The Sydney Morning Herald National Headlines

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The top National headlines from The Sydney Morning Herald. For all the news, visit http://www.smh.com.au.

Energy costs should be competitive: RBA:

February 24th, 2017

The Reserve Bank boss says it would be remarkable if energy costs were a competitive disadvantage for the Australian economy.


Cabcharge slumps to half-year loss:

February 24th, 2017

Taxi payments system operator Cabcharge has slumped to a half-year loss of $106.75 million on the back of writedowns and impairments.


Graincorp flags strong FY profit growth:

February 24th, 2017

Graincorp says full-year earnings could rise by as much as two thirds and underlying profit treble to up to $160 million.


Better transport to ease house prices: RBA:

February 24th, 2017

The best way to lower housing prices and make the nation more productive is to build new urban transport infrastructure, the RBA says.


RBA on China: 'That risk is out there':

February 23rd, 2017

Reserve Bank governor Philip Lowe says a major slowdown in China remains a potential risk for Australia's economy.


Debt risks too high for rate cuts: RBA:

February 23rd, 2017

The Reserve Bank says cutting interest rates may benefit jobs in the short term, but will be dangerous in the long-term for household debt levels.


Billabong's losses widen to $16m:

February 23rd, 2017

Billabong has posted a $16 million net loss for the six months to December 31 after revenue declined 9.6 per cent to $511 million.


Regis Healthcare in line for growth target:

February 24th, 2017

Aged care provider Regis Healthcare has lifted half-year net profit to $30.9 million, and reaffirmed its full-year earnings guidance.


Rate cuts now a long-term danger: RBA:

February 24th, 2017

The Reserve Bank is reluctant to cut interest rates further and is expecting growth of three per cent in the current calendar year.


Incitec Pivot chief executive to step down:

February 23rd, 2017

Fertiliser and explosives maker Incitec Pivot's chief executive James Fazzino will step down in 12 months.


News Corp picks Australian as new CFO:

February 23rd, 2017

Rupert Murdoch says News Corp Australia's Susan Panuccio's "superb work" makes her the ideal successor to CFO Bedi A Singh.


Shaver Shop guidance cut amid retail gloom:

February 23rd, 2017

Shaver Shop says first-half profit rose 9.3 per cent but warns full-year earnings will likely fall short of its prospectus forecast by as much as 18 per cent.


Murray Goulburn expects improvement:

February 23rd, 2017

Dairy processor Murray Goulburn has fallen into the red with a half-year loss of $31.9 million as its milk supply plunged, but it is confident on its outlook.


Genworth profit down as delinquencies rise:

February 23rd, 2017

Genworth Mortgage Insurance expects its 2017 full-year loss ratio to widen to 40-50 per cent, from 2016's 35.1 per cent, as delinquencies rise.


Automotive Holdings' HY profit falls 19.8%:

February 23rd, 2017

Automotive Holdings Group has left its interim dividend unchanged after its half-year profit slumped 19.8 per cent despite a jump in revenue.


Corp Travel Management profit up 28%:

February 23rd, 2017

Corporate Travel Management expects full-year earnings to be at the top end of its guidance range as half-year net profit lifts 28 per cent to $22.1 million.


Super Retail Group lifts profit 66%:

February 24th, 2017

Rebel Sport, Rays, BCF, Amart Sports and Supercheap Auto owner Super Retail Group boosts sales and revenue and records a 66 per cent lift in half-year profit.


Stocks to watch:

February 24th, 2017

Stocks of interest on the Australian share market


Share market drops thanks to big miners:

February 23rd, 2017

The Australian share market has opened lower, dragged down by the major players in the materials sector.


Nicholas Marchesi and Lucas Patchett launch Orange Sky Digital:

February 23rd, 2017

Nicholas Marchesi and Lucas Patchett were crowned Young Australians of the Year in 2016 after creating a mobile laundry for the homeless. But experts argue their good intentions are harming, not helping people who are homeless.


'Going gangbusters': Solar surge has only just begun and batteries' charge close behind:

February 23rd, 2017

A new wave of solar energy is about to crest and it won't just be households benefiting.


Ahmed Fahour leaves his stamp on Aust Post:

February 23rd, 2017

Australia Post CEO Ahmed Fahour has resigned after seven years in the role but has left behind his stamp on a transformed postal service.


Qantas shows strength despite profit fall:

February 23rd, 2017

Qantas' turnaround continues, but fierce international competition has hurt first-half earnings.


Vodafone Aust set to enter broadband fray:

February 23rd, 2017

Vodafone Australia says it is "geting closer" to entering the broadband market, as it achieved a 12 per cent rise in earnings.


As penalty rates are slashed, what is your Sunday worth now?:

February 23rd, 2017

The time you spend working on a Sunday is still worth more than it is on a Saturday, but not as much as it was in the past, according to the Fair Work umpire.


Plane crash lands near Princes Highway, pilot and passenger 'shaken' but unharmed:

February 23rd, 2017

Two people have had a lucky escape after a light plane crashed in Traralgon on Thursday afternoon.


Victoria demands answers from AEMO for blackout risks during NSW heatwave:

February 23rd, 2017

The Victorian government is demanding the operator of Australia's main electricity grid explain how the state came close to losing electricity during the recent extreme heatwave to ensure NSW avoided power outages, adding to calls for a wider inquiry.


Fahour calls time on Aust Post career:

February 23rd, 2017

Australia Post CEO Ahmed Fahour has resigned after seven years in the role, presiding over a transformation of the postal service.


Average weekly earnings up two percent:

February 23rd, 2017

The Australian Bureau of Statistics has released the official figures for the average weekly earnings for adult full-time workers in November.


Crown in the dark over China detentions:

February 23rd, 2017

Casinos operator Crown Resorts is still awaiting information on its detained employees in China.


Weak investment growth may spark rate cut:

February 23rd, 2017

Economists say business investment will be at its lowest level in a decade next financial year.


CEO Craigie steps down at Crown:

February 23rd, 2017

Crown Resorts chief executive Rowen Craigie has been replaced by executive chairman John Alexander as the casino operator refocuses after trouble in China.


Retail Food Group HY profit up:

February 23rd, 2017

The Retail Food Group says earnings from its recently acquired food distribution business Hudson Pacific Corporation has played a major role in its profit rise.


Crown pursuing new strategy under new boss:

February 23rd, 2017

Crown executive chairman John Alexander has taken the helm of the casinos operator after a comprehensive strategy overhaul in the wake of problems in China.


ACCC flags concerns on South32 coal deal:

February 23rd, 2017

The ACCC has expressed concerns over South32's planned buy of the Metropolitan Colliery in NSW, saying the deal will reduce competition in coking coal supply.


InvoCare to address fall in market share:

February 23rd, 2017

A fall in the number of deaths in Australia, NZ and Singapore hasn't hit funeral giant InvoCare's bottom line, with full-year profit rising almost 30 per cent.


Dreamworld owner confident it will recover:

February 23rd, 2017

Dreamworld's owner says there are signs the theme park is recovering from the impact of October's fatal accident.


Cheap airfares cloud Flight Centre outlook:

February 23rd, 2017

Flight Centre cuts full-year profit guidance, saying it is still concerned about the challenges of airfare pricing and yield, plus foreign exchange movements.


Penalty rate cuts: Who gains, and who will be hit the hardest:

February 23rd, 2017

Who will gain the most from the changes, and who will be the hardest hit? The penalty rates decision in a nutshell.


Kogan's trend analysis drives growth:

February 23rd, 2017

Retailer Kogan.com's analysis of shoppers' search trends has helped it exceed its annual earnings forecasts in just six months.


Lower prices and write-offs hit Alumina:

February 23rd, 2017

Miner and metals producer Alumina made a loss of $39 million in 2016 because of restructuring related charges and lower alumina prices.


Nine loses $237m but flags ratings rise:

February 23rd, 2017

Nine Entertainment has slipped to a first-half loss of $236.9 million after writing down the value of its free-to-air TV network by $260 million.


Low property listings hit McGrath's profit:

February 23rd, 2017

Real estate agent McGrath has been hit by a drop in the number of homes being listed for sale, and a shrinking sales force.


Iluka slides to $224m loss:

February 23rd, 2017

Mineral sands miner Iluka Resources has swung to a full-year loss of $224 million, from a $53.5 million profit a year earlier.


Parcel pickup for Aust Post as Fahour goes:

February 23rd, 2017

Australia Post has lifted half-year net profit more than six times on the back of higher parcel volumes as letter deliveries continue to decline.


Ramsay lifts profits, CEO to retire:

February 23rd, 2017

Private hospitals operator Ramsay Health Care has lifted half-year profit and upgraded its guidance, while its chief executive says he will step down this year.


Nine move lifts Southern Cross profit 12%:

February 23rd, 2017

Southern Cross Austereo's first-half profit has risen 11.8 per cent to $48.5 million after its switch to Nine helped regional revenue surge 15 per cent.


Qantas is outperforming peers in Asia: CEO:

February 23rd, 2017

Qantas has reported a drop in first-half profit but chief executive Alan Joyce says the airline is outperforming its peers across Asia.


Telstra offloads final stake in Autohome:

February 22nd, 2017

Telstra says it has received $US217 million from Ping An Insurance Group for its final Autohome stake at $US29.30 per share.


Blackouts hurt Adelaide Brighton's profit:

February 23rd, 2017

Lower property sale profits and power outages in South Australia have impacted construction materials supplier Adelaide Brighton's full year earnings.


Catholic leaders speak of church's 'catastrophic failure' in past approach to child abuse:

February 23rd, 2017

Five Australian Catholic archbishops have given a scathing assessment of the church's past response to sexual abuse victims.


Stocks to watch:

February 23rd, 2017

Stocks of interest on the Australian share market


Big miners drag share market lower:

February 23rd, 2017

The share market has fallen as weaker prices for commodities pulled back the big miners, and Rio Tinto traded ex-dividend.


Woolworths cuts its way to sales victory:

February 22nd, 2017

Aggressive discounting on food has helped supermarket giant Woolworths beat its fierce rival Coles on sales growth.


Domain the jewel in Fairfax's crown:

February 22nd, 2017

Spinning off Domain would strip Fairfax Media of its best earner, but the slimmed down company would still have plenty of high-profile assets.


Victorian cities faced power cuts to ensure NSW made it through big heatwave:

February 22nd, 2017

Ballarat and Bendigo faced losing electricity during the recent great eastern Australian heatwave so NSW could avoid power cuts, underscoring the parlous state of the country's grid.


Construction work won't add to Q4 growth:

February 22nd, 2017

Economists say sluggish construction work is unlikely to have added to growth in the final quarter of 2016, with public sector construction falling the most.


Wage growth slows to a record low:

February 22nd, 2017

Wages grew by just 1.9 per cent in 2016, the slowest annual growth rate since records began in 1998.


ACCC urges consumers to use petrol price comparison apps to increase competition:

February 22nd, 2017

Here's what the ACCC says you can do to help reduce petrol prices at a time when costs are going through the roof.


Solid growth still likely in 2017: Westpac:

February 22nd, 2017

The Westpac-Melbourne Institute Leading Index shows that the economic outlook has been above or at trend for six months.


Farmers could get better milk price: Bega:

February 22nd, 2017

Dairy processor Bega Cheese says farmers could receive a better price for their milk later this year because dairy commodity prices have improved.


Healthscope warns of slow earnings growth:

February 22nd, 2017

Weak patient numbers are expected to keep the brakes on earnings growth in Healthscope's private hospitals business.


Catholic church underpaid sex abuse victims: Royal Commission:

February 22nd, 2017

The Christian Brothers underpaid sexual abuse victims by $14 million, a royal commission has heard.


Blackmores hit by vitamin sales slump:

February 22nd, 2017

Blackmores has suffered a 41 per cent decline in half year profit as vitamin sales dropped.


Fortescue sees iron ore prices moderating:

February 22nd, 2017

Iron ore miner Fortescue has lifted half year profit to $US1.2 billion on the back of a rally in iron ore but expects prices to moderate in the near term.


Embargo Time:

February 21st, 2017

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Woodside profit jumps but oil prices weigh:

February 22nd, 2017

Energy giant Woodside made a full year profit of $US868 million, but its underlying performance was weaker due to lower oil prices.


APN resumes dividend after cutting FY loss:

February 21st, 2017

APN shareholders will receive a dividend for the first time since 2012 after the company cut its full-year loss to $6 million from $10 million a year ago.


Fairfax says Domain ready to stand alone:

February 22nd, 2017

Fairfax Media says it remains committed to print news, and is aiming to boost shareholder returns by spinning off Domain into a separate business.


Vocus shares rally after strong results:

February 22nd, 2017

A flurry of acquisitions has seen Vocus' half year net profit and revenue surge.


Sirtex Medical to cut costs as sales slow:

February 22nd, 2017

Sirtex Medical's sales of its cancer treatment have slowed drastically, and it will now scale back research activities to cut costs.


Insentia's HY underlying profit slumps 17%:

February 21st, 2017

A fall in payments on a previous acquisition has boosted Isentia's first-half net profit, but underlying profit has tumbled 17 per cent.


Coca-Cola Amatil reshapes as profit slides:

February 22nd, 2017

Coca-Cola Amatil will close its South Australian factory and posted a 37 per cent drop in full year net profit for 2016.


NZ quake claims dents IAG's profit:

February 22nd, 2017

Insurer IAG says November's earthquake in New Zealand resulted in $117 million of claims, which pushed its total natural peril claims over allowance.


Discounts bring shoppers back to Woolies:

February 22nd, 2017

Aggressive discounting on food has helped supermarket giant Woolworths beat its fierce rival Coles on sales growth.


Don't expect a big payrise: RBA:

February 21st, 2017

The Reserve Bank says more wage growth is expected as pressures on inflation like commodity prices and retail competition fade, but it won't be very strong.


Stocks to watch:

February 22nd, 2017

Stocks of interest on the Australian share market


Retailers and health stocks lift market:

February 22nd, 2017

The share market has gained ground for the first time in four sessions, with big gains for the likes of Woolworths, Coca-Cola Amatil and Healthscope.


'Routine departure' turns to tragedy; pilot already under investigation:

February 21st, 2017

The small aircraft carrying four wealthy American passengers to King Island to play golf was on runway 17 at Essendon Airport. It was two minutes before 9am.


Australia's worst civil aviation disasters:

February 21st, 2017

Major air disasters are rare in Australia, but it wasn't always so.


Pokie developer Ainsworth's profit slides:

February 21st, 2017

A tough market in Australia has weighed on profits at poker machine supplier Ainsworth Game Technology.


BHP says protectionism threatens growth:

February 21st, 2017

BHP Billiton has signalled worries about rising protectionism after bouncing back to a $US3.2 billion half year profit.


Telstra hit by another network outage:

February 21st, 2017

Another network outage has left some of Telstra's corporate customers in NSW without voice or data services for a few hours.


The Essendon plane crash that turned grief into a public event:

February 21st, 2017

Essendon, July 10, 1978: Catastrophe and comfort, the warmth of the burning plane and the blazing house somehow made a haunting contrast that cold winter's evening.


Seven West pulls Seven Group into the red:

February 21st, 2017

Kerry Stokes' Seven Group has slipped to a half year loss due to a big writedown on the value of its stake in Seven West Media.


'Not seen anything like it': Pleas for extension to examine huge Santos CSG plan:

February 21st, 2017

Environmental groups want more time to consider the impacts of Santos' Narrabri CSG project that will include as many as 850 wells, producing more than 100 tonnes of waste salt alone per day.


Monadelphous looking at new markets:

February 21st, 2017

Engineering services firm Monadelphous is looking to diversify into infrastructure and renewables due to a downturn in the mining sector.


Construction to add to economic growth:

February 21st, 2017

The Reserve Bank has outlined why it expects a rise in non-mining business investment will add to growth by the end of 2018.


Caltex to plug hole left by Woolies: Segal:

February 21st, 2017

Caltex Australia boss Julian Segal says he is confident the company will plug the earnings hole expected from the end of its fuel alliance with Woolworths.


Oil Search to bolster spending in PNG:

February 21st, 2017

Oil Search has swung to a net profit of $US89.8 million in 2016, with the group forecasting a sharp jump in spending.


Greencross looking at more stores, clinics:

February 21st, 2017

Veterinary services and petcare retailer Greencross has upgraded its plans to open more stores and clinics after its half year net profit rose 17 per cent.


Bishop of Parramatta Vincent Long Van Nguyen tells royal commission he was abused:

February 21st, 2017

The Bishop of Parramatta Vincent Long Van Nguyen has told a royal commission he suffered sexual abuse by a member of the clergy after arriving as a refugee.


Aconex posts HY loss of $3.5m:

February 20th, 2017

Aconex's acquisition expenses and lower values for intangible assets push the software provider into a hlfl-year loss of $3.5 million.


Wesfarmers' Goyder joins Woodside as chair:

February 20th, 2017

Woodside says Richard Goyder will join its board on August 1 and replace chairman Michael Chaney when he steps down at the 2018 annual general meeting.


Asia, Brazil weakness crimps SEEK earnings:

February 21st, 2017

Online jobs portal SEEK has grown earnings in Australia but its overseas operations have suffered from economic weakness in their local markets.


Confidence falls on weak jobs market:

February 20th, 2017

Weak full-time employment, uncertainty about the economic outlook and public debate about housing affordability is weighing on consumer confidence, ANZ says.


Fairfax in halt amid Domain IPO rumours:

February 21st, 2017

Fairfax shares have gone into a trading halt amid rumours it is considering spinning off lucrative real estate business Domain Group via a partial IPO.


Virtus profit hit as Aust IVF demand falls:

February 21st, 2017

Virtus Health's first-half profit has dropped as demand for assisted reproductive services falls across Australia.


Scentre keeps close eye on retail tenants:

February 21st, 2017

Scentre Group, the owner of Westfield shopping centres in Australia and New Zealand, has reported a 10 per cent jump in annual profit.


Stocks to watch:

February 21st, 2017

Stocks of interest on the Australian share market


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