Westfield Owner Slumps to $3.6 Billion Loss
The owner of Westfield malls – home to retailers such as JB Hi-Fi, Myer and David Jones – has booked a $3.61... Read More
Beacon Ramp Up Smart Lights Amid Bumper Full-Year Profit
Beacon Lighting has ramped up its smart lighting range and reported a 38.5% jump in full-year net profit, prompt by homebound customers... Read More
ACCC Grants Metcash Majority Stake Purchase In Total Tools
The ACCC has advised it will not oppose Metcash’s majority interest acquisition of Total Tools Holdings, the franchisor of the Total Tools... Read More
Bunnings & Officeworks Earnings Up 13%, Kmart Group Slumps
Wesfarmers-owned hardware giant, Bunnings, has reported a 13.9% jump in full-year earnings, contrast by a 23.5% decline in department store earnings for... Read More
Google Lobbies Aussies Against ACCC News Payment Plan
Google has deployed a suite of pop-ups to alert Australians they are “at risk”, as the tech giant seeks to lobby local... Read More
Breville Revenue Up 25%, ANZ Climbs 18%
ASX-listed home appliance maker, Breville, has reported a 25.3% jump in full-year revenue, despite the tumultuous landscape of COVID19 and overseas political... Read More
Telstra Profit Down 14%, COVID Cost To Double FY21
Telstra has reported a 14.4% slump in full year profit to $1.84 billion, with EBITDA hit $200 million from the coronavirus pandemic.... Read More
NBN Revenue Up 36% Despite $3.78B Deficit
The NBN Co has surpassed its corporate plan target by over 230,000 premises, while notching a 36% year-on-year revenue lift and $3.78... Read More
June Online Retail Sales Up 49.6% Year-on-Year
The Australian e-commerce sector remained robust in June, despite prior record-breaking months from home-bound online shoppers during the coronavirus pandemic. According to... Read More
Former LG Marketing Chief Launches SME Answers Website
The former Chief Marketing Officer of LG Australia, Angus Jones, has launched a holistic online library to assist small to medium enterprises... Read More