Australia stuck in retail recession, says Country Road owner
The South African owner of Country Road Group says Australia has been in a ‘retail recession’ for the past 18 months but analysts insist many retailers are thriving.
Breaking News
Alfred’s threat to Easter holiday travel
Travel bookings have been dealt a major blow by Cyclone Alfred, with one in three reservations cancelled this week after airlines halted flights to the Gold Coast, Brisbane and Ballina.
Rio Tinto’s new iron mine to create 1000 jobs
Rio Tinto has pulled the trigger on a new iron ore mine in WA on the same day it wrapped up the takeover of Arcadium Lithium.
Why this CEO is bracing for Alfred’s aftermath
Cleanaway will have its work cut out in coming days and after being caught out in the last floods, this boss is not taking any chances.
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Surprising item boosting Australia’s economy
Chickpea sales to India have given the Australian economy an unlikely boost, according to the latest current account figures.
Bulls take back seat as US pushes ahead with tariffs
It’s hard to be bullish on stocks as the Trump administration pushes ahead with tariffs and other nations fight back in what could be the start of a tit-for-tat trade war that’s bad for economic growth.
Heloise Pratt fights ex-husband over $21m he borrowed for new lover
Billionaire Heloise Pratt has claimed Alex Waislitz took more than $21m in loans to buy a luxury apartment and back companies connected to his new fiancee’s music career.
Fast and loose: how Aussie companies are using AI
Australian marketers are embracing artificial intelligence – more than their global peers – but their enthusiasm for the much hyped technology has prompted concerns that they may be moving too fast.
One thing Aussies planning to ditch
Cash-strapped Aussies weighing up whether to maintain one expense have been tipped over the edge by the biggest price rise in seven years, a survey claims.
‘This one will be big’: Suncorp CEO’s cyclone call
Suncorp boss says insurers are preparing for the worst with the monster cyclone bearing down on Brisbane and the Gold Coast, where losses are expected to quickly mount.
One thing driving retail sales in January
Australia’s love of sport has helped lift consumer spending for January as cost-of-living pressures ease.
How first home buyers are becoming landlords
An investment-first trend is increasing among home buyers as high prices and interest rates impact housing affordability.
WiseTech’s White shrugs off critics to chase global dream
Richard White has wasted no time in his new role at WiseTech, striking a deal to take over a Colombian freight tech business as he pursues his global growth ambitions.
Key detail on Australia’s next rate cut
The Reserve Bank concedes there is still uncertainty around Australia’s cost of living and has hinted what its next move on rates will be.
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