Myer can be a $5bn retail power: Inside Lew’s merger vision
The $800m merger represents an all or nothing bet on the longer term future of Myer. And the retail billionaire Solomon Lew has big ambitions.
The $800m merger represents an all or nothing bet on the longer term future of Myer. And the retail billionaire Solomon Lew has big ambitions.
The new Trump administration’s massive spending plan will certainly flow through to a handful of Australian companies already enabling artificial intelligence.
Among a revised SUV line-up, the Mazda CX-70 premium five-seater is chasing a new niche.
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
Jim Chalmers’ big shake-up of the central bank is a convenient distraction but unlikely to change the path of interest rates.
All banks are now on the hook as the corporate regulator asks ‘how much is enough’ when it comes to protecting customers.
Taking the reins of Westpac on Monday, one of Anthony Miller’s first tasks will be to visit call centre staff – who are the eyes and ears of the banking giant and hear exactly how customers feel.
The days could be numbered for the little-known regulatory quirk that has given a boost to Victorian power customers at Tasmania’s expense.
ANZ has a history of its ambitions being bigger than its balance sheet. The arrival of a big name global banker adds to these worries.
A generational shift is well under way at Rob Scott’s retailing conglomerate, Wesfarmers, and this opens opportunities for the breakout Anko brand.
From a gritty corner in Melbourne, this low-profile player has turned its founders into billionaires as they took $500m paydays this week while delivering staggering returns to investors.
This is Australia’s first hybrid ute, but there are also a host of luxuries in the GWM Cannon Alpha Ultra Hybrid mix
For the sake of the economy, the battle between Woolworths and the unions over large pay increases and tracking worker productivity in warehouses is critical.
Wall Street’s bulls hauled Aussie shares higher in November, and these recommendations might help investors decide their next moves.
Original URL: https://www.dailytelegraph.com.au/news/nsw/tweed-heads/business/page/4