‘We had to justify price rises’: Bega
The chairman of one of Australia’s top food groups says he is surprised by the ACCC’s fake discount claims, telling investors Coles and Woolworths demand extensive evidence for price hikes.
Matt Bell
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Different housing needed to cater to rental generation
While Australia’s youth may be fine with renting, alternative housing schemes such as build-to-rent and land leasing are needed, the Property Council says.
Builder collapses reduce appetite for infrastructure
Capacity constraints within the construction sector amid a sharp rise in insolvencies and labour cost woes are driving a slowdown in the pipeline of projects.
BlueScope flags profit hit from China, US
The steelmaker will target $200m in cost savings as ongoing cost inflation, a slowdown in China and uncertainty ahead of the US election impact its earnings.
Slowdown leads to spike in ‘zombie’ companies close to collapse
Australia’s economic deterioration has led to a sharp increase in ASX-listed zombie companies who are barely staying afloat, according to KPMG.
Taylors ready to sate China thirst for its top-shelf wines
One of Australia’s largest family-owned wine groups has ambitious expectations for its return to China and anticipates strong demand for its most expensive products.
Cautious start for ASX as investors await CPI data
The local bourse is set for a low-key start to the week, as investors wait on inflation data that will play a major part in when the RBA decides to move on interest rates.
Administrators raking in millions as firms fail
Major accounting firms are collecting millions of dollars in remuneration as a growing number of large businesses collapse amid a deterioration in Australia’s economy.
‘We need migrants and new rules to boost housing’
Australian property industry experts have told a national conference that Australia will damage its international standing if it makes it harder for foreigners to invest here.
More housing help needed for young buyers: Mirvac
The developer says the government needs to look at reducing APRA mortgage buffers and offering loans to make housing accessible.
Original URL: https://www.theaustralian.com.au/author/matt-bell/page/3