A timeline of JobKeeper rorts, bungles and scandals

Treasurer Josh Frydenberg is today beating back widespread criticism that the JobKeeper program was a monumental rort of taxpayer money. He argues – correctly in the view of the Reserve Bank – that JobKeeper saved…





Parcel business drives boosted Aus Post profit

Australia Post has reported a before-tax full-year profit of $100.7 million amid strong growth in its parcel business during COVID-19. Overall group revenue for the 2020/21 financial year was up 10.3 per cent to $8.27…





Fortescue profit doubles as iron ore surges

Fortescue Metals Group has more than doubled its full-year profit and final dividend after iron ore production exceeded its annual guidance and prices surged in the second half of the year. The world’s fourth-largest iron…