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Bunnings to the rescue | Zip shares plunge 33% | Telstra rings in the revenue
Bunnings to the rescue | Zip shares plunge 33% | Telstra rings in the revenue

Wesfarmers posts a $1.6 billion profit jump as Bunnings and lithium carry the load… but Officeworks runs low on black ink.

Zip Co, the buy now pay la…

5 months, 1 week ago

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Coles accused of 'utterly misleading' customers | SEEK exits Employment Hero | Sushi Sushi has a new owner
Coles accused of 'utterly misleading' customers | SEEK exits Employment Hero | Sushi Sushi has a new owner

Coles has been taken to court by the ACCC for ‘utterly misleading’ consumers on grocery prices.

SEEK is putting its stake in Employment Hero up for s…

5 months, 1 week ago

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Barbeques Galore burns out | Breville brews $1.1 billion in revenue | Kraft Heinz cancels breakup plan
Barbeques Galore burns out | Breville brews $1.1 billion in revenue | Kraft Heinz cancels breakup plan

Barbeques Galore has entered receivership, putting 500 jobs on the line as liquidity issues leave Australia’s biggest BBQ retailer fighting for survi…

5 months, 2 weeks ago

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ANZ's profit spikes after job cuts | Temple & Webster gets punished for discounts | Hasbro & Mattel - same forecast, different fate
ANZ's profit spikes after job cuts | Temple & Webster gets punished for discounts | Hasbro & Mattel - same forecast, different fate

ANZ’s profit jumps 6% to $1.94 billion after 3,500 job cuts under its new ANZ 2030 strategy.

Temple & Webster’s share price plummeted 30% but it’s pr…

5 months, 2 weeks ago

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Seek's $365 million write-down | Jeep owner cops multi-billion dollar EV hit | Ozempic upends The Man Shake
Seek's $365 million write-down | Jeep owner cops multi-billion dollar EV hit | Ozempic upends The Man Shake

Seek has written down its investment in Chinese jobs portal Zhaopin by $365 million after the company’s poor performance.

Stellantis, the owner of Je…

5 months, 2 weeks ago

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Investors brace for Capital Gains Tax changes | Atlassian’s AI problem | KPMG ships jobs offshore
Investors brace for Capital Gains Tax changes | Atlassian’s AI problem | KPMG ships jobs offshore

The government is eyeing a major shake-up of the capital gains tax discount, and investors might be about to feel the pain.

Atlassian’s share price f…

5 months, 3 weeks ago

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Members flee AustralianSuper | LIV Golf bleeds billions | Anthropic spooks investors with AI
Members flee AustralianSuper | LIV Golf bleeds billions | Anthropic spooks investors with AI

Australian Super, the country’s largest super fund, has lost over $250 million in funds as members switch to rival super funds.

LIV Golf, the challen…

5 months, 3 weeks ago

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RBA hikes the cash rate...with more to potentially come | Musk's SpaceX acquires Musk's xAI | Hollywood's sequel strategy is failing
RBA hikes the cash rate...with more to potentially come | Musk's SpaceX acquires Musk's xAI | Hollywood's sequel strategy is failing

The RBA has hiked the cash rate by 0.25% after the latest inflation numbers keep growin and growin and growin.

Elon Musk’s SpaceX has acquired Elon M…

5 months, 3 weeks ago

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Nine's fire sale of radio stations | Spotify is crushing the Aussie music artist's dream | Paramount to take on TikTok
Nine's fire sale of radio stations | Spotify is crushing the Aussie music artist's dream | Paramount to take on TikTok

Nine Entertainment has ditched its radio and regional TV assets  to bulk up on billboards with an $850 million acquisition

Australian music artists a…

5 months, 4 weeks ago

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Domain vs REA drama deepens | Meta’s $135 billion bet | Tesla doesn't want to sell cars
Domain vs REA drama deepens | Meta’s $135 billion bet | Tesla doesn't want to sell cars

Domain’s fight with REA just got more complicated after a US activist investor fires shots at Domain’s new owner, CoStar.

Meta has just generated rec…

6 months ago

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