How $900m deal could turn Myer around
Two of Australia’s biggest retailers have agreed to a merger as tough retail conditions continue to cut into the sales of both companies.
Two of Australia’s biggest retailers have agreed to a merger as tough retail conditions continue to cut into the sales of both companies.
An iconic Aussie clothing brand is closing its stores after a buyer was unable to be found for the chain, with hundreds to lose their jobs.
Australians will likely need less superannuation than they think to maintain their current lifestyle, but there is a major caveat.
Australian sharemarket firmed on Wednesday, as Donald Trump helped the strong performance by Australia’s tech sector and uranium shares.
The enormous drain on the NSW economy of this week’s train chaos has been revealed, and it’s the last thing businesses need.
As Australians deal with cost-of-living pressures, these unpopular fees are collectively setting families back hundreds of millions of dollars per year.
Australia’s unemployment rate rose slightly in December but still remains under the RBA’s forecasted figure, putting in doubt a rate cut for the first time in 17 months.
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
“Concerns” about what effect a planned $3bn upgrade to Melbourne airport will have on a community’s “health” have led to this move.
A strata manager’s licence has been suspended amid allegations of unethical behaviour aired in an ABC Four Corners report.
The cost of living crisis is extending to schools, with households making a number of sacrifices to send the kids back to school.
The number of Aussie businesses collapsing due to a ballooning tax debt has soared, as owners cling to hope for one thing that can turn their fortunes around.
Aussie households are increasingly worried about a weakening currency and their job outlook, as the wait for an interest-rate cut becomes unbearable.
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
Original URL: https://www.dailytelegraph.com.au/business/breaking-news/page/4