Derek Rose
Woolworths, Coles say underpayment costs could hit $1b
Australia’s two biggest supermarket chains may have to fork out more than $1 billion in repayments and other costs between them after...
Joyce scores $3.8m bonus in final Qantas payout
Former Qantas chief executive Alan Joyce has received his last payout from the airline, pocketing $3.8 million worth of shares after his...
Virgin soars in ‘luckiest’ Aussie share debut of year
Virgin Australia has returned to the stock market with a transaction that timed its arrival perfectly. Shares in the nation’s second-biggest airline...
The Good Guys in trouble over bad promotional scheme
The Good Guys has agreed to pay a $13.5 million fine to settle allegations its “StoreCash” promotion was misleading and deceptive. The...
Coles reveals multimillion-dollar boost from rival’s strike
Coles quickly moved to take advantage of the damaging pre-Christmas at rival Woolworths – estimating it got $120 million in additional sales...
Pre-Xmas warehouse strike hits Woolies profit hard
Woolworths has revealed the extent of the hit of its 17-day pre-Christmas warehouse strike, with its half-year profit shrinking more than 20...
Commonwealth Bank delivers bumper $5.1b profit
Commonwealth Bank has hiked its dividend after delivering a $5.1 billion first-half cash net profit, up 2 per cent from a year...
JB Hi-Fi group sales nudge double-digit growth
JB Hi-Fi posted nearly double-digit sales growth in the first half, and that strong momentum has mostly continued into the new year....
Witches, Cher’s memoir drive up News Corp revenue
Strong contributions from digital real estate and book publishing allowed News Corp to grow its revenue by 5 per cent in the...
Myer gets tick of approval for major brand merger
The tie-up between Myer and Premier Investments’ five apparel brands will go ahead within days after shareholders for both retailers gave their...