Woolies warns of ‘shift’ in spending
As shoppers tightened their belts, the grocery giant said it had experienced a “noticeable shift” in consumers’ behaviours since Christmas.
Manufacturing
How Australia plans to lure foreign cash
Amid a backlash from economists and industry experts, Treasurer Jim Chalmers has unveiled an overhaul of foreign investment policy.
150 jobs at risk as company faces $20m debt
It’s a big player in a key industry for Australia but its now looking for a bailout as its hit by a spate of problems affecting the sector.
ASX advances ahead of fresh inflation print
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
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‘Nowhere near enough’: silicosis fears grow
South Australia is moving to address an escalating health emergency threatening to kill off thousands of Australian workers with debilitating cancers, but the unions say much more needs to be done.
Tradie misery as 740 jobs slashed
A major global builder with a base in Australia will slash hundreds of jobs, equating to roughly to 10 per cent of its international workforce.
Aussie company’s share tumble
One unlucky Australian company has had its share price plummet while the market has remained relatively steady.
Aussies cash in after brutal China move
China blocked exports of two vital minerals this week – and Australia could end up laughing all the way to the bank as a result.
Iconic Australian brand sold
One of Australia’s favourite alcohol brands has announced it will be under new ownership, but not all fans are happy with the decision.
Hidden $367m cost in collapse crisis
Thousands of payments totalling more than $367 million have been paid out to employees of collapsed companies since the Covid-19 pandemic.
‘Disheartening’: Ford cuts 400 Aussie jobs
Unions say the cuts will mostly affect workers at a Victoria plant as the multinational car manufacturer continues to trim domestic operations.
Huge fine for gruesome toe injury
A major construction company has been fined thousands of dollars after a bricklayer had his toe amputated following a scary accident on its worksite.
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