QANTAS has defied the gloom surrounding the global airline sector by reporting a doubling in first-half net profits and upgrading for the fourth time its profit forecasts for this financial year.

Qantas plans two-tier workforce

QANTAS has signalled plans to establish a two-tiered workforce that will see some full-time employees hired on less pay and lower conditions than existing staff.

ASX buoyed by earnings results

The Australian share market closed firmly in the black as solid earnings results from Telstra, Qantas, Fairfax and other major companies.

02/21/08

Telstra dials up $1.9b profit

Telstra has increased its first half profit by 13 per cent and raised its guidance for full year revenue and earnings.

02/20/08

Qantas doubles H1 profit, plans merger

Qantas Airways has doubled its first half profit and says it will spin off its travel agency arms into Jetset Travelworld.

02/21/08

Telstra dazzles with bumper profit

Telstra has reported a bumper 13 per cent lift in first half profit, surprising investors who lifted its shares by two per cent.

02/21/08

Qantas H1 net profit soars 101%

Qantas Airways has posted an interim net profit result of $617.6 million, up 100.8 per cent on the previous first half result of $307.5 million.

02/20/08

Qantas doubles its first half profit

Qantas has moved to realise the value of its travel agency businesses by announcing it will place them into its separately listed Jetset business.

02/21/08

Telstra expects up to 7% earnings growth

Australia's biggest telco Telstra is set to produce a first half result in line with guidance when it reports this week.

02/19/08

Telstra H1 earnings to rise

Telstra is set to produce an improvement in first half profit when it reports this week.

02/19/08

Rivals kept busy as Telstra takes...

TELSTRA is raising the stakes in its attempt to lift the rent on its copper-wire telephone network by pursuing legal action almost every time the competition regulator releases...

03/02/08

High Court judges throw out Telstra's...

TELSTRA has been dealt a blow to its campaign against regulation after the High Court ruled that rivals should not have to pay more to use its fixed-line telephone network.

03/06/08