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Wesfarmers Limited
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Wesfarmers (ASX: WES) FY26 profit rises 8.3%, but debt and cost pressures weigh on WES
Wesfarmers delivered higher underlying profit and another dividend increase in FY26, powered by Bunnings, Kmart Group and Wesfarmers Chemicals, Energy and Fertilisers. Investors nevertheless marked the shares sharply lower as rising debt, softer cash conversion and FY27 cost pressures complicated an otherwise resilient result.
SQM shares rise as record lithium sales drive Q2 revenue to $2.47bn
SQM Q2 profit surged 646% as lithium revenue quadrupled and demand topped 2.1M tonnes. See why the lithium recovery is gaining momentum.
Kmart to invest A$500m in Moorebank fulfilment centre to modernize Australian retail logistics
Kmart to invest A$500M in Moorebank fulfilment hub to modernize omnichannel logistics and cut carbon—see how it could redefine Australian retail.