Samsung Q1 Revenue To Disappoint Market
Samsung Electronics has informed investors its Q1 revenue will likely miss market forecasts, citing an “earnings shock” which has continued to affect... Read More
Q4 CPI Up 0.5%, Oz Dollar Jumps
Latest numbers from the Australian Bureau of Statistics (ABS) reveals inflationary pressures remained subdued in Q4Y18, with CPI jumping 0.5% versus 0.4%... Read More
AUD Dives After Business Confidence Slump
Australian business conditions have suffered their steepest monthly decline since the global financial crisis, slumping 82% from +11 in November to +2... Read More
January Consumer Confidence Plummets
Westpac’s consumer confidence index has plummeted 4.7% to 99.6 in January – notching a 16-month low, and the first sub-100 reading since November... Read More
November Retail Sales Beat Forecast
November retail sales have beat analyst expectations, notching 0.4% growth versus 0.3% forecast. The Australian dollar has since spiked over 0.2% to... Read More
Australia’s GDP Jumps 3.4% Year-On-Year in Second Quarter
Australia’s economy grew solidly in the second quarter of this year thanks to strong consumer spending, and an improved business environment. Gross... Read More
July Retail Sales Stall, Oz Dollar Plummets
Local retail sales remained flat in July, despite forecasts for a 0.3% lift. Coupled with a further drop in housing prices, the... Read More
ACCC Cracks Down On Electricity Profits
The ACCC has formally been tasked with investigating electricity profit margins, with the federal government requesting a report every six months until... Read More
Ex Myer CEO Defends Former Profit Guidance
Former Myer CEO, Bernie Brooks, has today informed the Federal Court, Board support was received prior to announcing 2015 profit outlook. According... Read More
JB Hi-Fi Revenue Up, Margins Squeezed
Despite a tough retail climate and the growth of Amazon Australia, JB Hi-Fi has post a stellar 12.3% lift in full-year group... Read More