Companies
Is Woolies bringing back frequent flyers?
WOOLWORTHS is reportedly set to drop its Woolworths Dollars rewards scheme in a major turnaround for customers.
AMP running on the spot
WEALTH manager AMP has struggled to manage its own coffers, suffering a slump in revenue, underlying profit and net inflows during the six months to June.
Debt-conscious Origin Energy axes payout
ORIGIN Energy does not expect to pay a dividend for the next two years as it adopts a laser-like focus on reducing a $9 billion debt pile.
Macau weighs on Crown profit
JAMES Packer’s Crown Resorts says its Australian casinos are trading solidly but its joint-venture operations in Macau have been weak.
CBA in $9.5bn profit bonanza
COMMONWEALTH Bank chief Ian Narev has cited weak wage growth as a threats to the economy, even as the group unveiled a seventh straight record profit.
Bad debt, restructuring toll at ANZ
ANZ has suffered a slide in earnings in the first nine months of its financial year, weighed down by restructuring charges and bad debts.
Bendigo in a bind
BENDIGO and Adelaide Bank has blamed historically low interest rates for a shrinking profit margin as lenders juggle the competing interests of customers.
DJs sees tough times for newbies
DAVID Jones chairman Ian Moir says the foreign fashion invasion is beginning to slow and not all who have made their way to our shores will survive.
Argo shells out
ARGO Investments will pay shareholders a record dividend — eclipsing the generous payout it delivered ahead of the financial crisis — despite suffering a slide in earnings over the past year.
Kogan reveals Dick Smith boost
ONLINE retailer Kogan.com has revealed exactly how much the purchase of Dick Smith’s online business added to its sales.
Woolies to unveil eye-watering loss
WOOLWORTHS’ multimillion-dollar turnaround plan could be hampered by falling food prices amid stiff competition, analysts warn.
Petrol stations are dudding you
PASS on the full cut! It’s become a mantra. Now petrol stations have joined the banks in dudding Australian consumers.
Woolies completes rewards backflip
WOOLWORTHS has confirmed it is ditching its controversial “Woolworths Dollars” and returning to Qantas Frequent Flyer points.
Outrage at Sydney Uni’s ‘Nazi’ lectures
SYDNEY Uni has been accused of “serious academic bias’’ after a student reported lecturers at the institution were likening conservatives to Nazis.
Help find 5000 jobs in 50 days
LIFE can be tough for young people trying to get their first job. Today we launch a campaign to help the next generation get that all important first foot in the door.
Farewell the working class man
AUSTRALIA’S image as a working class nation is being lost to a new era of desk-bound professionals and a booming health and social welfare industry.
Banks bashed by investors too
BANK bashing is a national sport but the big four banks are under pressure on many fronts, prompting investors to consider selling some shares.
The six things we need to fix our cities
AUSTRALIAN cities face mounting pressure over expensive housing, urban sprawl and traffic nightmares. This is how we can fix them.
Is this really $340m well spent?
AUSTRALIA’S disappointing Olympic campaign has cost $12m per medal. Is this performance worth taxpayers’ money?
New threat to Coles and Woolies
THERE’S a player in the fight for your hard-earned grocery dollar and no, it’s not Aldi. They’re doing something completely different.
Medibank says thanks for the fees
KEEP paying those premiums. Medibank says “expanding margins” in its health insurance business helped it deliver a very healthy profit.
Chinese sales pay off for Bellamy’s
BELLAMY’S has found the winning formula. The Aussie company has posted a whopping fourfold jump in profit thanks to strong Chinese demand.
Bankrupt Gawker to shut down
GOSSIP site Gawker will cease operations next week after losing a multi-million dollar invasion-of-privacy lawsuit against Hulk Hogan.
Spot the difference in this television clip
THIS TV station has been forced into an embarrassing retraction after it made a very sneaky edit to a news broadcast.
Brand wins rights for ‘should’ve’
MACCA’S has “I’m lovin’ it”, Carlsberg reserved the word “probably”, now this brand has rights to the word “should’ve”.
’Longer lasting sex’ falls short
EVEN Steven Seagal would struggle to save ‘Dr’ Jacov Vaisman’s Advanced Medical Institute which spruiks “longer lasting sex” for vulnerable men.
‘I just want my pre-baby body back’
BONDS has launched a bizarre new advert in which men agonise over the impact of having children on their physiques.
‘So what if you lose your house?’
WHEN a man’s Eagle Boys franchise went under, he lost everything. Now he lives in a caravan park. But he’ll never forget those seven words from head office.
‘Your children will be orphans’
THE Perth woman at the centre of a $2.5 billion ANZ lawsuit told the Victorian Supreme Court the bank “had a gun at my head”.
Meal company leaves a bad taste
THIS online food company is in trouble with the consumer watchdog for making misleading claims in telemarketing calls.
