Business Confidence Hit By Political Uncertainty
Latest numbers from Roy Morgan reveal local business confidence dived 3% to 110.2 in August, driven by a state of political instability.... 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
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
Kogan Shares Wobble, Full Year Profit Up 277%
Local e-commerce giant, Kogan.com, has continued its growth trajectory, posting full-year net profit [after tax] of $14.1 million, up from $3.7 million... 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
Business Confidence Down For Third Straight Month
Latest Roy Morgan numbers reveal business confidence has dropped for the third straight month in July, falling 0.7% (-0.8pts) – its lowest... Read More
Retail Sales Beat Forecasts For Third Straight Month
Australian retail sales have jumped 0.4% in June [seasonally adjusted], beating analysts expectations [0.3%] for the third consecutive month. Following results, the Australian... Read More
Fitbit Revenue Beats Expectations From Versa Sales
Fitbit second quarter results saw the company beat analysts expectations as the recent release of its Versa bumped up revenue. The wearable... Read More
COMMENT: Dick Smith Blames Aldi For His Own Failings
Dick Smith loves to be branded an entrepreneur despite being unable to run a profitable food Company, he also loves to blame... Read More
Facebook Shares Tumble 23% After Privacy Saga
UPDATE Facebook shares have plummeted a further 23 per cent after close from the company admitting to its growth slowing down. This... Read More