Xiaomi Share Outside China Grows: 50% of Q1 Sales Overseas
Chinese smartphone maker, Xiaomi, has continued to expand market share outside its home country of China, with half of Q1 total revenue... Read More
Wesfarmers Tipped To Lament $3.6B Target Hole
Wesfarmers-owned department store, Target Australia, is tipped to have accrued total write-downs, impairments and goodwill relocation of $3.65 billion since 2012 according... Read More
Landmark Casual Worker Win Exposes Retailers To Backpay
Local businesses and retailers are set to see a lift in personnel costs, following new court rules which provide casual workers with... Read More
Oz New Job Ads Surge 26% in May
Popular online job board, SEEK, has reported a notable 26.8% on-month jump in new jobs listed during the month of May, suggesting... Read More
SoundBay Hunts For Investment & Growth Partner
The country’s largest DJ & Music production equipment retailer, SoundBay, is reportedly seeking a strategic investor to pursue growth – first round... Read More
Woolies Eyes Check-Out Free, Contactless Buying
Australian supermarket giant, Woolworths, is reportedly preparing for an overhaul of its in-store operations, with checkout-free buying and digital assistants set to... Read More
PM: “Very Tough Day”, 594K Jobs Lost April
Prime Minister Scott Morrison has said it’s a “very tough day” after latest Bureau of Statistics numbers revealed 594,300 jobs were lost... Read More
Breville Shares Soar After $94M Placement
Kitchen appliance manufacturer, Breville Group, has seen its shares soar over 10% after the company successfully completed a $94 million fully underwritten... Read More
New Laws Put Pressure on Big Businesses To Pay Small Suppliers
New laws in parliament today will place pressure on big businesses to pay smaller suppliers on time, seeking to prompt a lift... Read More
Breville Mulls Equity Raise After Guidance Withdrawal
ASX-listed kitchen appliance manufacturer, Breville Group, is tipped to announce an equity raising of around $100 million – its first since listing... Read More