Budget retailer to make huge change
Bargain Chinese retailer Temu is working with the Australian consumer watchdog to make changes to its product lines.
Companies
Virgin CEO lands $16.9m beach house
Jayne Hrdlicka has beaten fierce competition for a multi-storey beach house in one of Noosa Heads’ most prized streets.
ANZ tips Feb rate cut amid weak economy
Slow spending lifts chances the RBA will move earlier than expected to deliver interest rate relief.
Why airfares will stay higher for longer
Two major developments are ruling out any chance of airfares coming down in 2025 and beyond.
More Stories
Concerning detail on Woolies shelves
The supermarket giant says it is working closely with suppliers in light of a shortage of an Australian staple.
How AUKUS is creating big waves on the ground
There are billions earmarked to be spent, and this Perth-based engineer is among those on the front lines of a defence revolution.
‘Yuck’: CEO’s see-through dress shocks
A young rich lister and successful Australian CEO has shared a video of the moment that she was “humbled” by her mum.
What Aussies bought on Black Friday
Strong car sales, cinematic hits and Black Friday bargains contributed to Aussies spending up big in November.
Burning cash: Star’s future can be counted in months
New boss Steve McCann has his work cut out to come up with a deal to save the casino. But he is fast running out of options.
‘Think we’re stupid’: Major brand under fire
A popular Australian influencer has taken aim at a beauty retail giant, slamming the brand over its new ‘50 cent’ makeup claim.
ASX 200 mostly recovers from fall; Star, Lovisa hit
November retail sales undershoot expectations despite Black Friday boost. Casino group Star’s investors react to latest cash crisis. Rex board aware of ‘bewilderingly bad’ sales: ASIC. Arcadium lifts on US nod to Rio buyout.
Critical gas warning issued to four states
Australia’s southern states have been warned gas shortfalls are likely to continue in the winter months due to underlying issues with supply and diversity.
ASX 200 snaps five day winning streak
The Australian sharemarket has dipped on Thursday, breaking a five day streak, despite favourable retail sales data.
Reason behind retail boom revealed
Retailers have received a temporary bump during Black Friday sales, official figures show.
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