Yesterday
Harvey Norman says demand for AI-enabled devices driving sales higher
The whitegoods and electronics retailer reported better-than-expected sales growth in the first half of the financial year and says momentum is continuing.
January
FX proves the secret ingredient at Magic Millions sales
The hit to discretionary spending has led to caution at the lower end this year but foreign “whales” with currency buying power have pushed sales to new records.
December 2024
ASX slips; Jimmy Carter dies; Gerry Harvey’s property pain
Read everything that’s happened in the news so far today.
Gerry Harvey reveals his biggest problem with property development
The retail billionaire and sideline property investor says costs will keep rising, and that’s bad for projects – as well as for the people who work on them.
November 2024
‘Never, ever underestimate America’: Aussie CEOs brace for Trump
Australian business leaders say the US will endure as the centre of industry, innovation and entrepreneurship under Donald Trump.
October 2024
From Birmingham to Britain: Inside Harvey Norman’s new UK beachhead
After two years of planning, the retailer’s chief executive Katie Page will this week open the company’s first store in the country, its boldest expansion yet.
August 2024
Star’s Steve McCann and the Malay tycoon
Sources say McCann has been doing a range of work for the low-profile Malaysian businessman since leaving Crown Resorts.
July 2024
The 10 wealthiest executives in the ASX 300 revealed
The Australian Financial Review’s Rich Bosses list for 2024 is dominated by tech and mining executives and also welcomes a new face.
Jobless rate rises; COVID-hit Biden signals exit; Trump hurts Nvidia
Read everything that’s happened in the news so far today.
Why only four execs have kept spot on rich bosses list over decade
Chris Ellison, Graham Turner, David Teoh and Gerry Harvey have maintained their positions while some of their richer peers of yesteryear have bowed out.
Stock picker tipped to be buyer of $24m Darling Point unit
As the trophy market enters the winter doldrums, Potentia Capital’s Andy Gray and his wife Emma have quietly sold their Darling Point mega apartment.
June 2024
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.
March 2024
‘Dangerous lunatic, but good for markets’: Business on Trump
Corporate heavyweights including John Wylie, Danny Gilbert and Gerry Harvey don’t have much time for Trump. But is Biden any better?
‘We’ve gone soft’: Labor old guard backs Keating
Chairman Tony Shepherd has backed Paul Keating’s sentiment that “we have gone soft” but billionaire Gerry Harvey says Keating is living in the past.
February 2024
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.
January 2024
‘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.
Rich horse trainers buy up big, but sales soften ‘at the lower end’
As of Friday afternoon, Magic Millions had broken last year’s record for the number of million dollar yearlings sold.
Buying a horse can be like poker – this woman reads the millionaires
Among the most crucial people at the Magic Millions auction house are its bid spotters – those between the yearlings and the millionaires.
Queensland rain no barrier to the ‘event that gets the year started’
Magic Millions might just be the only place on earth where Hollywood stars and former rugby league players share a meal and a glass of champagne.
What to expect from this year’s Magic Millions
With thousands of attendees every year, the event has grown bigger than anything its founder, Carl Waugh, could have envisioned.
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by Magic Millions