Derek Rose
Coles reports 30 per cent jump in online supermarket sales
Coles has reported a 30 per cent jump in e-commerce sales as the supermarket giant worked to improve customer experiences, and has...
Inghams to sell less poultry to Woolworths under deal
Inghams says a multiyear agreement will cut its sales to Woolworths, but it will remain the supermarket giant’s No.1 poultry supplier under...
Booktopia sold, opens door to new life
Collapsed online bookseller Booktopia has been sold to the owner of electronics retailer digiDirect and will immediately resume trading. The sale to...
Commonwealth Bank profit dips to $9.5b, raises dividend
Commonwealth Bank made a $9.5 billion statutory profit in 2023/24, down six per cent from a year ago, but is raising its...
Australian shares stabilise after wild two-day sell-off
The Australia share market was modestly higher at midday, finding stability after its brutal two-day sell-off. At noon AEST on Tuesday, the...
Aussie shares plunge 2 per cent over fears about US growth
The local share market has plunged, with traders moving to take profits from days of strong gains after weaker-than-expected US economic data...
ANZ-Suncorp deal gets final stamp of approval
ANZ’s $4.9 billion acquisition of Suncorp’s banking arm will be complete at month’s end following the merger receiving the last authorisation required....
Nine to eliminate 200 jobs in latest mass media layoffs
Nine Entertainment has become the third Australian publisher to announce mass layoffs in the past four weeks following the loss of a...
Bookseller Booktopia takes desperate steps to survive
Booktopia has announced its chief executive is departing, it is cutting dozens of jobs and is withdrawing its earnings forecasts. The company...
Major outage strikes ANZ online banking and app
ANZ says an outage is preventing some customers from accessing its app or logging into its internet banking website. The bank tweeted...