Harvey Norman
Gerry Harvey takes shot at ASX costs as profits slump
Harvey Norman has recorded a 4 per cent slide in revenue and a 35 per cent drop in net profit.
- by Jessica Yun
Latest
Updated
World markets
ASX slides despite Wall Street rebound
Rate-sensitive sectors including consumer stocks dragged the local sharemarket lower, despite a US equities rebound overnight following its steep sell-off.
- by Millie Muroi
Gerry Harvey banking on ‘world-changing’ AI boom to revive sales
The founder of Harvey Norman is hoping for artificial intelligence to drum up new sales for the electronics business.
- by Jessica Yun
Opinion
Interest rates
Tens of thousands of ‘interest-free’ shoppers slugged rate hike
Australia’s largest provider of interest-free shopping and consumer finance has hiked its rates. Here’s where you can get a better deal.
- by Nicole Pedersen-McKinnon
Opinion
Sharemarket
Reconciling the soggy consumer and an exuberant sharemarket
Investors are looking through the retail gloom and anticipating how cyclical companies will fare when inflation is a memory and interest rates start to fall.
- by Elizabeth Knight
‘Someone needs to be held to account’: Shareholders make history at this year’s AGM season
With Jo Wright’s simple probe, she epitomised the disparity between working-class and corporate Australia.
- by Sumeyya Ilanbey
‘Retailers cannot discount forever’: Will mega-sales and deals be back in 2024?
This year’s Black Friday deals were some of the best that Australia’s ever seen. But it’s uncertain if retailers can offer the same next year, as discounts eat into margins.
- by Jessica Yun
Updated
Retail
Harvey Norman executive pay strike not our fault, says Gerry Harvey
Veteran retailer Gerry Harvey has launched a blistering attack on a proxy adviser, saying it’s to blame for the remuneration strike.
- by Jessica Yun
Updated
Australian rugby
‘Boneheads’: McLennan slams board as Harvey Norman quits rugby
In another blow to the beleaguered game, the major retailer has decided it will no longer back the sport.
- by Tom Decent and Jonathan Drennan
Six issues the new COVID inquiry must cover
An inquiry will examine Australia’s response to a once-in-a-generation pandemic. Here are the issues it must probe to prepare Australia for the next killer bug.
- by Rachel Clun, Natassia Chrysanthos and Paul Sakkal
Harvey Norman looks beyond profit plunge as online retail slows
Profits have slumped by a third at the electronics retailer, but its chairman believes the company has the edge over online-only rivals.
- by Emma Koehn and Melissa Singer
Original URL: https://www.theage.com.au/topic/hvn-pb