Woolies’ surprise call on bottom line
Australia’s largest supermarket says cost-of-living pressures are weighing on its bottom line as it announced a surprising profit warning.
Breaking News
ASX edges higher for 3rd straight day
The ASX closed up 0.3 per cent for the third straight day, as investors wait for clarity from global markets.
‘Billions wasted’: Big call on Covid payments
Treasurer Jim Chalmers says “billions of dollars” were wasted in poorly targeted relief payments during the Covid-19 pandemic.
Aussie dollar hits two-year low
A weaker than expected Aussie dollar and uncertainty around the US election led to a quiet trading day on Monday.
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Retailer penalised for dodgy Covid products
The fashion giant behind Katies and Noni B has been slugged a hefty penalty for dodgy products and marketing but blames its supplier.
The changing way Aussies make payments
Covid-19 has fuelled a major shift in the way Australians make payments, with one form expected to continue its decline, new data shows.
ASX flat, AMP rises despite court woes
The ASX closed barely changed, with bad news not stopping some stocks rising including travel firms as Victoria enters another lockdown.
Savvy new way to earn airline points
One of Australia’s major airlines has implemented a new partnership which will allow members to earn points on snacks and fuel.
Mice plague victims dealt another blow
Homeowners in mice-ravaged areas of Australia will get no joy from their insurers if they try to claim for vermin damage.
AMP in hot water for charging dead people
The nation’s oldest wealth company has been hit by another court action for charging premium fees to dead people.
Grocon rescue deal backed by creditors
Grocon creditors have decided against liquidating the collapsed construction group, instead backing an alternative plan.
Major change to Commonwealth bank app
New innovations developed for the Commonwealth Bank app are designed to give customers more bang for their buck.
Worker ‘trapped’ after jet tarmac crash
A baggage vehicle crashed into a Qantas jet when the brakes failed, a union says, claiming the driver was trapped and pointing the finger of blame at outsourcing.
ASX snaps four-day winning streak
The ASX fell for the first time in five sessions, weighed down by miners and market heavyweight CSL, while Melbourne’s cluster dented travel stocks.
Original URL: https://www.dailytelegraph.com.au/business/breaking-news/page/197