Clean-up on all aisles: Supermarkets are hurting worse than ever
The big basket of spermarket problems is overflowing, with profit squeezed from each direction | WATCH
Video article
Australia’s painfully weak wages growth are claiming an unexpected victim — supermarkets.
New analysis from Deloitte shows the traditional Australian food duopoly is in more trouble than ever as people spend less and competition remains fierce.
Watch the video
Woodside ramps up gas supply with Gippsland deal
The energy major will oversee day-to-day operations of the dominant supplier of gas to Australia’s east coast and have the right to pursue and develop new gas fields in the region without Exxon’s involvement.
Banks lead ASX 200 falls; Viva’s forgettable day
Australia faces trade pain as US President Donald Trump flags 15-20 per cent baseline tariffs for no-deal nations. Agreement with ExxonMobil puts Woodside in driver's seat after 50 years. Viva Energy's weak first-half. Michael Hill founder dies.