ASX Announcements
Application for quotation of securities - COL
Appendix 2A (Application for Quotation of Securities)
Change of Director's Interest Notice - J Chow
Change of Director’s Interest Notice
Update - Dividend/Distribution - COL
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
Update - Dividend/Distribution - COL
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
Chair Appointment/Resignation
Yesterday
Greens flag $30m to lure Aldi to Tasmania
As part of an election pitch, the Greens are seeking to lure the discount supermarket chain to the Apple Isle to help boost competition and lower grocery bills.
This Month
Beyond perks and pay: The expanding role of work in a volatile world
In rapidly changing times, successful organisations will be intentional, strategic and courageous in making difficult yet necessary choices.
More shoppers say Coles (not Woolworths) is their main supermarket
A survey conducted for UBS clients suggests the smaller grocery retailer is increasingly central to consumers as higher living costs strain household budgets.
March
Woolworths slashes prices to close gap on Aldi
The under fire supermarkets are looking to show shoppers and politicians consumers are getting better deals at the checkout.
‘Focus on real factors’: Coles hits back at ninth supermarket inquiry
The country’s second largest supermarket operator said politicians should focus on measures to bring down energy, fuel and labour costs to reduce the checkout prices.
Labor pledges to crack down on supermarket price gouging
The Albanese government will add new price gouging protections to the country’s competition laws if it wins the May 3 election.
Former cricketer Brett Lee’s beer company owes creditors $10m
Sydney Beer Co, co-owned by the former Australian fast bowler, owes the Tax Office $1.3 million after collapsing on March 11.
Coles to end Vintage Cellar, First Choice brands in liquor overhaul
The country’s second-largest supermarket retailer will rebrand 984 stores in its alcohol business as Liquorland in the biggest shake-up in decades.
Former investment banker relishes King Island Dairy rescue
Nick Dobromilsky, who grew up in Hobart, and business partner Graeme Wilson, are aiming to do better than a string of corporate giants at King Island Dairy.
Hacker claims Oracle breach, sending business and agencies scrambling
Australia’s biggest companies rushed to check their systems after a hacker claimed to have stolen important credentials via tech giant Oracle.
Fresh produce suppliers copping downside of power imbalance: ACCC
The National Farmers’ Federation says claims by fresh food producers that Coles and Woolworths have the upper hand been validated by the competition regulator.
Woolworths, Coles warn more red tape means higher grocery prices
Disputing the ACCC’s findings that they have oversized profitability, the supermarket giants say increased costs will be passed onto shoppers.
Supermarkets hit back; Yellen slams Musk; Viktor Shvets’ Trump tips
Read everything that’s happened in the news so far today.
Why the ACCC can’t limit Coles and Woolies’ power
The two supermarkets will cop more scrutiny on their practices and globally impressive margins, but their long-term market position and power will stay intact.
ACCC fails to find smoking gun on supermarket price-gouging
After a 12-month inquiry, the regulator has not been able to support claims that Coles and Woolworths are to blame for the inflationary cost-of-living squeeze.
Woolworths, Coles among world’s most profitable supermarkets: ACCC
But the regulator, after a year-long investigation, concedes little can be done about their market dominance.
Coles names Victoria as Australia’s supermarket theft capital
Other grocery retailers are also warning about a rise in shoplifting in the state, suggesting criminal organisations are becoming more brazen.
Brokers expect Woolworths to tip $200m into lower supermarket prices
The country’s biggest grocery retailer said it expected to cut $400 million in costs this year, but has yet to detail how it will use those savings.
Coles, RBA warning on push to guarantee Armaguard jobs
Major banks and supermarkets are warning the workplace umpire’s intervention into crisis talks to fund the cash-in-transit business would have far-reaching effects for commercial deals and competition.
February
SPC turns to ‘wellness’ products to revive sagging fortunes
The fruit, vegetable and juice group has lost $130 million in market value since relisting in December, and says new healthy products are on the way.