Shares in Star Entertainment Group surged after it emerged from a trading halt and confirmed it has received interest from a consortium of investors about a possible buyout.
The ASX finished Friday in the red after a broad-based sell-off,with Bendigo and Adelaide Bank and Liontown Resources the star performers.
The cost of living crisis hasn’t been the only factor behind Savers Australia’s decision to expand into NSW for the first time.
Australians are spending less,and the government has ruled out cash injections in Tuesday’s federal budget. Small business is caught in the middle.
The Australian sharemarket edged higher Friday,taking its gains for the week to 1.6 per cent,after a strong lead from Wall Street,where the benchmark S&P 500 Index surged to within 1 per cent of its record.
The big four banks weighed down the Australian sharemarket after the Commonwealth Bank’s March quarter cash profit fell 5 per cent compared to the same time last year.
Global companies like Nestle,Unilever,Coca-Cola and Mars face the possibility of a further inquiry into their role in rising grocery prices.
The Senate inquiry into supermarket prices has released its final report and 14 recommendations including powers to break up big supermarkets and a strengthened food and grocery code of conduct.
The airline admitted it misled consumers by advertising tens of thousands of “ghost flights”. Here’s everything we know about what affected customers will get.
The Australian sharemarket stepped up on Monday after Wall Street capped a choppy week of trading with its best day in more than two months.
Owned by a Japanese parent company and led by a French retail executive,the South Australian-born all-natural skincare business hopes to build loyalty with younger customers.