Earnings season
Updated
The Star Entertainment Group
‘On its knees’: The Star to cut jobs, sell assets following $1.7 billion loss
The ailing casino operator finally delivered its full-year results on Thursday, after snagging a last-ditch $200 million loan from its banks.
- by Amelia McGuire and Matt Dennien
Latest
Opinion
Solomon Lew
Top of Solomon Lew’s hit list – the government and executive defectors
The retail billionaire joins a long list of big-end-of-town businessmen who have taken issue with how Labor is performing.
- by Elizabeth Knight
Solly Lew delays Smiggle, Peter Alexander spin-off amid Myer talks
The billionaire rag-trader has his hands full amid a potential acquisition by Myer of five of its brands and a stoush with Smiggle’s ex-boss.
- by Jessica Yun
Updated
Fashion retail
Myer CEO Olivia Wirth doubles down on profit-sinking exclusive fashion labels
Myer shares have tumbled after the company unveiled its full-year results, but new CEO Olivia Wirth has vowed to invest in its languishing sass & bide, Marcs and David Lawrence brands.
- by Jessica Yun
The Star may win Qld tax reprieve but NSW says no
The Queensland government is considering a potential tax reprieve for The Star while the NSW government has ruled out any further concessions.
- by Amelia McGuire and Cameron Atfield
Updated
The Star Entertainment Group
‘Dysfunctional’: The Star found unsuitable again as money woes deepen
The NSW casino regulator says it needs more time to decide what to do about the struggling gaming giant after receiving a damning report into The Star’s culture.
- by Amelia McGuire
Gerry Harvey takes shot at ASX costs as profits slump
Harvey Norman has recorded a 4 per cent slide in revenue and a 35 per cent drop in net profit.
- by Jessica Yun
Threat of higher overseas airfares under ‘same job, same pay’, warns Qantas boss
Qantas boss Vanessa Hudson has unveiled her first full-year result since taking over as chief executive last September.
- by Amelia McGuire and Penry Buckley
Lithium boss slams ‘lazy’ global carmakers, but says EV boom is coming
One of Australia’s top lithium producers says no one is making money from mining the key battery ingredient at current prices as electric car sales languish.
- by Nick Toscano
Opinion
Opinion
How Vanessa Hudson scored on her maiden Qantas result
For the first time in living memory, Qantas shareholders took a hit for the team. That said, it wasn’t a big one.
- by Elizabeth Knight
Updated
Retail
Australia’s love for Kmart’s Anko drives profits higher for $85b giant
The cost-of-living crisis and “dupe” culture are leading to surging sales for Kmart’s in-house brand Anko – and profits for its $85.4 billion ASX-listed parent company.
- by Jessica Yun
Original URL: https://www.watoday.com.au/topic/earnings-season-1mlu