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Thursday, August 11

Hurry up and wait: Funding limbo for floods buyback plan

Major decisions are being put on hold in the wake of Queensland’s flood disaster because a multi-million dollar relief package is dependant on federal support.

G8 back in the black but concerns remain over keeping staff

G8 Education has produced a big profit turnaround and announced an on-market buyback of 10 per cent of its shares.

Westpac CEO Peter King (photo: AAP Image/Mick Tsikas)

Westpac adds huge share buyback to $5.4b profit

Westpac has produced a full year profit of $5.4 billion, an increase of 138 per cent as it pledged to buy back $3.5 billion of its own shares.

Telstra heralds 'turning point' as it adds to ASX cash splash

Telstra claims it has reached a turning point with a $1.9 billion net profit and a forecast of growth as it added to the shower of cash for Australian ASX investors with a $1.35 billion buyback.