Derek Rose
Wesfarmers to close money-losing e-commerce site
Wesfarmers says it will close down catch.com.au, the money-losing e-commerce site it bought for $230 million in 2019. Catch’s warehouses will be...
Bank boss gives up $1.5m bonus after outcry
The chief executive of ANZ will forgo $1.5 million in pay after a shareholder backlash following allegations of toxic behaviour in its...
Myer gets tough amid fears for staff safety
Myer is trialling the use of body cameras and handheld radios for employees as it tries to keep them safe. The mid-market...
Qantas hands out $1000 bonuses to 27,000 workers
Qantas is handing out $1000 “thank you” payments to 27,000 of its employees as it hopes to defuse industrial action by some...
Telstra board to reflect on backlash over executive pay
A sizeable minority of Telstra shareholders have voted against its remuneration report after its decision to lay off thousands of workers, which...
Telstra board expected to cop backlash on executive pay
A number of Telstra shareholders have voted against the telecommunication company’s remuneration report. They appear to have disagreed with how the company...
Treasury Wine to pay $65m to settle class action
Treasury Wine Estates has agreed to pay $65 million to settle a class action alleging it breached its continuous disclosure obligations with...
Harvey Norman sued over ‘worthless’ extended warranties
Another retailer has been accused in court of selling “unnecessary and worthless” extended warranties. Echo Law announced on Wednesday that it was...
Star takes another hit as shares suspended from trading
Shares in Star Entertainment have been temporarily suspended from trading on the ASX after the casino operator failed to lodge its financial...
Qantas profit hits turbulence and falls 28 per cent to $1.3 billion
Qantas’ profit has taken a hit, falling 28.3 per cent to $1.25 billion as airfares moderated amid increased competition and efforts to...