Sukin skincare brand sold for $70m
Beauty and wellness brands owner BWX Group’s Australian assets, including Sukin, have been sold by receivers.
Beauty and wellness brands owner BWX Group’s Australian assets, including Sukin, have been sold by receivers.
The heavyweight banking sector boosted the stockmarket, while the prospect of interest rate cuts also lifted consumer and technology stocks.
Job vacancies have fallen for the sixth straight quarter but remain elevated compared to pre-pandemic levels.
Falling nickel prices have been blamed for the decision to suspend mining at the company’s flagship nickel project.
Local stocks started the week in the red, as investors await key economic data in coming days.
Hiro Brands, the maker of Orange Power and Trix cleaning products, has been placed in administration and up to 120 jobs have been lost.
Australia’s largest general insurance company says the ultimate cost of claims related to last month’s severe weather events is still being determined.
Internal documents reveal the RBA is acutely aware of the impact cost of living and interest rates are having on consumption and economic growth.
Liquor and pubs giant Endeavour will try to put a bitter boardroom war behind it with chairman Peter Hearl to step down and Bruce Mathieson Jr also getting out the door.
ASX-listed battery player Magnis Energy Technologies has lost a non-executive director and will shift to a mid-tier market for trading in the US.
Original URL: https://www.theaustralian.com.au/author/megan-neil/page/11