Takeover target Costa’s profit hit by cost of living woes
Weather conditions and changed buying habits due to cost-of-living pressures are impacting Australia’s largest fruit and vegetable group.
Weather conditions and changed buying habits due to cost-of-living pressures are impacting Australia’s largest fruit and vegetable group.
A global shares rally has lifted super fund returns back into the black, setting the scene for a “reasonable” calendar year ahead of a more volatile 2024.
Santos, Woodside gain amid merger talks. Pact accepts billionaire’s higher bid. Sigma-Chemist Warehouse union to create $8.8bn powerhouse. Costa Group flags earnings fall.
Investors pile into Santos amid $80bn merger talks; Woodside dips. ANZ’s $900,000 penalty for disclosure failure. Sigma suspends trading amid Chemist Warehouse talks. Chalmers-RBA deal may bring rate hikes.
Soul Pattinson makes $3bn move on Perpetual, which is eyeing a possible split. Sigma raising $350m as part of plans for back door listing of Chemist Warehouse. GDP growth slows due to cost of living, high rates.
CS Energy coal plant hit by delay. RBA says any further tightening depends on data. First strike for Bank of Queensland. Rio Tinto accelerates Rhodes Ridge. Origin gains. Evolution halts for gold raise.
ASX 200 up by 0.46 per cent for week. Billionaire wants government to help households. Proxy adviser backs Allkem merger. Farmers lose from Coles Saputo deal: BCCM. Premier Investments gains.
ASX 200 has second best month of 2023. Origin rejects Plan B. Australian 7-Eleven business sold for $1.7bn. Guthrie ousted from Mighty Kingdom board. Iress soars.
RBA tipped to hold rates next week after inflation cools more than expected. Strong Harvey Norman protest vote as sales slow. Fisher & Paykel, CSL, Temple & Webster among gainers.
Rate hikes creating public, political ‘noise’: RBA’s Bullock tells HK conference. Spending pause in October before Black Friday sales. Healius gets dressing down at AGM. Collins Foods, Plenti among big gainers.
Original URL: https://www.theaustralian.com.au/author/megan-neil/page/13