Overall, for the three months ending September, total portfolio retail sales were down 25.7 per cent relative to the same time in 2020, but rose 7.1 per cent across the less impacted states. Vicinity chief executive Grant Kelley called the...
The storied American company General Electric, which struggled under its own weight after growing to become a sprawling conglomerate, will divide itself into three public companies focused on aviation, healthcare and energy. GE has spent recent years unwinding the empire...
Shoppers are expected to spend big in November as fears over delivery delays and huge online discounts push them to bring forward their Christmas shopping. Australia Post said on Tuesday that up to 40 per cent of Australians are planning...
Fortescue Metals Group will unveil a potential aviation fuel supply deal within days, as chair Andrew Forrest defended his ambitious green hydrogen plans at the company's annual meeting on Tuesday. The Fortescue investor presentation said about 10 per cent of...
Police have been called in to hunt out fraudulent claims for COVID-19 business grants after thousands of people had their regular payments from Service NSW halted without notice. Key points: A strike force has been set up to investigate claims for...
Amazon Prime Video’s Australian chief has doubled down on criticism of proposals for local content quotas on offshore streaming services, as the tech giant unveiled plans to strengthen its presence in living rooms by aggregating rival online video offerings. The...
ANZ’s latest cut in mortgage rates has highlighted that first-home buyers are being left out in the cold in favour of wealthier customers. The bank caught up to its peers on Monday when it cut its standard variable home loan...
Westgold Resources has proposed to develop a third mine in Western Australia following its failed attempt to acquire Gascoyne Resources’ Dalgaranga operation in the Mid West. Westgold this morning said it had completed positive development studies for its Fender deposit,...
Australia has avoided widespread business collapse following the COVID-19 pandemic, the federal government says.  Treasurer Josh Frydenberg told Neil Breen new data shows Australia has been able to successfully ride the pandemic. The number of trading businesses in the Australian economy...
The ABC’s internal complaints’ division has ruled the national broadcaster did not breach its code of practice in a two-part series that focused on the way the Rupert Murdoch-owned US cable TV network, Fox News, covered the 2020 general...
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