A string of major Australian companies reported results on Tuesday, painting a mixed picture of the domestic economy as weaker commodity prices and margin pressure offset pockets of resilience in health care and banking. Miner BHP Group said adjusted net income for the year to 30 June dropped 26% to $10.16 billion as lower iron-ore and coal prices outweighed cost controls. Revenue slid to $51.26 billion and underlying EBITDA to $25.98 billion. The company cut its final dividend to $0.60 a share, taking the full-year payout to $1.10, the lowest since 2017. BHP also agreed to sell a package of Brazilian copper assets to privately held CoreX for up to $465 million. Biotechnology giant CSL defied the broader slowdown, lifting constant-currency net profit 17% to $3.09 billion on revenue of $15.56 billion, slightly shy of analyst estimates. It announced a A$750 million share buyback and a $1.62 final dividend. In a strategic overhaul, CSL will separate its Seqirus influenza-vaccine unit into a standalone listing and eliminate as much as 15% of its workforce by the end of fiscal 2026, while guiding for 4–5% revenue growth next year. Fuel retailer Ampol posted a 23% contraction in half-year profit to A$180.2 million amid weak refinery margins and weather-related outages, though the figure outpaced consensus forecasts. The company declared an interim dividend of 40 cents after revenue came in at A$15.30 billion. Among other releases, National Australia Bank recorded unaudited cash earnings of A$1.77 billion for the June quarter, supported by an 8-basis-point lift in net interest margin and a robust 12.14% CET1 ratio, while Woodside Energy reported a 24% slide in first-half profit as LNG prices eased.
BHP Underlying Earnings Fall on Lower Iron Ore, Coal Prices https://t.co/V3JlOKRinK
🔑#DFFull | BHP registra una caída de 26% en sus ganancias del ejercicio fiscal 2025 por presión en minerales clave y menor demanda de China https://t.co/2uGuIYz7yC
BHP reports lower FY profit on weak iron ore, coal prices https://t.co/Q9vT28cgEY