China puts wine tariff cut on table
China’s Ministry of Commerce has issued a ‘draft determination’ to remove tariffs on Australian wine which have killed a market once worth some $1.2bn a year.
China’s Ministry of Commerce has issued a ‘draft determination’ to remove tariffs on Australian wine which have killed a market once worth some $1.2bn a year.
An apple grower has told the supermarkets inquiry that while the giants ‘cry poor’ over making billions, farmers are paid as little as $1/kg and family farms are dying out.
A ferocious legal brawl over one of the poker machine industry’s biggest cash cows has broken out, with two powerful Australian gaming developers at war over a hyped new game.
In a letter to suppliers, a senior Coles executive has said the lowering of costs is a ‘joint obligation’, as supermarkets face political heat.
The Greens-led Senate inquiry into the power of the supermarkets has begun its public hearings, and has been told of Woolworths and Coles using their market power to squeeze farmers.
It had Kerry and James Packer at its launch and model Kristy Hinze famously wore a diamond-encrusted bikini with a diamond python around her neck, now Tigerlily has collapsed for a second time.
Amazon is now a major player in Australian retail, sporting a believed 10 per cent stake of all online shopping sales off the back of its Prime service.
Mosaic Brands has turned to retail industry veteran Erica Berchtold as its new chief to continue the turnaround of the business.
Retail billionaire Gerry Harvey has warned the windfall tax relief flowing from the revamped Stage 3 tax cuts from July 1 won’t trigger a boom for the retail sector.
Country Road Group, whose brands include Country Road, Mimco and Witchery, was forced to discount fashion to clear stock amid tough conditions that led to a dive in sales and profits.
Original URL: https://www.theaustralian.com.au/author/eli-greenblat/page/22