Business News
Myer shares in biggest one-day rally
MYER has recorded its biggest one-day share price surge on record as investors welcome early signs of progress from its latest turnaround strategy.
$30 to get your bank statement in the post
MILLIONS of banking customers will be charged $30 more every year simply for receiving their account statements in the post.
Dick Smith is in full panic mode
WITH its 363 stores set to shut, Dick Smith is desperate to clear stock. Not everything is going to plan, and it’s scared.
News chief to take over at Foxtel
NEWS Corp Australia chief Peter Tonagh has been confirmed as the new head of pay-TV operator Foxtel.
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Pyjamas, stationery bolster Premier
CLOTHING and stationery retailer Premier Investments continues to defy difficult conditions in the retail sector, chalking up a record rise in earnings.
Myer posts profit dip but backs turnaround plan
Myer has posted a dip in first-half profit despite recording an uptick in sales as it rolls out its latest turnaround strategy.
Telstra snares ex Nokia, Optus kingpins
TELSTRA has snared the former chief executive of phone making heavyweight Nokia for a plum new executive posting.
Dick Smith brand to live on
E-COMMERCE entrepreneur Ruslan Kogan will revive Dick Smith as an online-only business, after buying the intellectual property of the recently collapsed company.
Aussie jumps on shock NZ rate cut
The Australian dollar is stronger against the kiwi after New Zealand’s central bank delivered a shock interest rate cut.
Senate sleepover ends ... finally
AFTER 20 hours of debate and tomfoolery, the “Sleepless in the Senate” ordeal is over, ending Canberra’s longest stand-off in 23 years.
The story behind that wine glass video
YOU’VE seen the video: the amazing new mattress that can hold a full glass of wine while being jumped on. Here’s why it sparked a bitter slanging match.
