ASX Announcements
Notification of cessation of securities - HVN
Appendix 3H (Notification of cessation of securities)
- May 1, 2024
- 4 pages
June
Retailers have bigger worries than possible interest rate rise
Nick Scali and Harvey Norman say they are getting squeezed from all directions. A rate rise would add to their woes but other costs are doing more damage.
- Carrie LaFrenz and James Eyers
The top 20 stocks by dividend return this year
Insurers, miners and fund managers were the top performers, but experts warn of income traps.
- Lucy Dean
Wilson’s Oberg is tipping 50pc upside in this small-cap stock
Wilson Assets Management’s Oscar Oberg is bullish on Iress even as its share price has tanked. He also like G8 Education and reveals why he is looking to buy up retail stocks again.
- Updated
- Joanne Tran
Godfreys creditors wiped out after plans to sell retailer collapse
The company’s administrator, PwC, says it has succumbed to fierce price competition, souring consumer sentiment and a flawed strategy of buying out franchisees.
- Simon Evans
May
- No. 38
- Rich List
Why Shakespeare matters to Rich Lister Katie Page
“We all quote Shakespeare all the time, whether we know it or not.” The Harvey Norman CEO – and Rich Lister – has a lifelong love for The Bard.
- Michael Bailey
Why Harvey Norman, JB Hi-Fi could be AI winners
Microsoft is making big bets on faster, more sophisticated computers. Harvey Norman, JB Hi-Fi and Officeworks could be unexpected beneficiaries.
- Jemima Whyte
CEOs to Labor: inflation still needs to be tamed
Measures to lift housing supply are being partly applauded, but a heavier push on curbing inflation seems to be missing in a two-speed economy.
- Simon Evans and Liam Walsh
April
‘Wealth effect’: the stocks that could gain from rising house prices
Jarden highlights its best bets, saying homeowners feeling good about their property appreciation turn to spending more on big-ticket retail items.
- Simon Evans
February
Harvey Norman sales crunched but retailer bullish on outlook
Revenue in Australia has begun to rise as renovations and home building increases, the country’s largest whitegoods and furniture retailer said.
- Updated
- Carrie LaFrenz
Sell-off looms as strategists warn earnings set to disappoint
The ASX is trading at all-time high, yet investment banks are warning investors may get ahead of themselves this reporting season.
- Jenny Wiggins and Sarah Jones
January
- Updated
- Appliances
Godfreys goes bust, shuttering 50 stores and sacking staff
The vacuum cleaner retailer’s first store opened in 1931, but its finances have deteriorated in recent years as customers ditch old-school brands.
- Updated
- Carrie LaFrenz and Simon Evans
‘I misread the environment’: Woolworths boss on Australia Day
Woolworths, Cricket Australia and Tennis Australia have faced a public backlash for boycotting Australia Day, as Gerry Harvey bemoans a “mad, woke world” which is silencing business.
- Updated
- Patrick Durkin
Industrial action at ports ‘bigger problem’ than Red Sea attacks
Ongoing industrial action at Australian ports poses a much bigger problem for consumers than Houthi rebels in the Red Sea, experts say.
- Tom Rabe and Brad Thompson
December 2023
Gerry Harvey and Unilever pile into local hair care start-up Straand
Earlier this year, Sephora agreed to stock the fast-growing hair and scalp care brand in stores across Australia, the United Kingdom and Asia.
- Carrie LaFrenz
November 2023
- Updated
- AGM season
Harvey Norman gets Black Friday boost, but sales are still heading south
Sales at the retailer’s Australian franchise stores tumbled 11.9 per cent since the start of July, even with a bump in trade from the annual discounting event.
- Updated
- Carrie LaFrenz
Black Friday sales sizzle, set to be bigger than Christmas
Shoppers are tipped to spend over $6.3 billion over the four-day shop-a-thon, up 3 per cent on last year. But budgets are under pressure, and sales have come early.
- Carrie LaFrenz
Harvey Norman terminates rugby sponsorship deal
Chief executive Katie Page says the decision to end a three-year partnership with Rugby Australia was simply a case of “bad timing”.
- Zoe Samios
- Opinion
- Retail
Cup Day rate rise casts pall over Black Friday, Christmas spending
Retailers are counting on Black Friday to save Christmas, but the latest rate rise could dent confidence and force retailers to discount more deeply.
- Sue Mitchell
October 2023
This Alligator could deliver Gerry Harvey’s racing dream
Gerry Harvey has never won a Cox Plate. But a horse with a reptilian name and one of the country’s greatest ever trainers could change that on Saturday.
- Updated
- James Thomson
- Updated
- Retail
Harvey Norman profits halve as first quarter sales slump
The retailer has also flagged a $442.3 million on-market share buyback, as executive chairman Gerry Harvey says foot traffic is down more than 20 per cent.
- Updated
- Carrie LaFrenz