Xenophon wants Woolworths, pokie machine makers to front senate inquiry
Powerful senator Nick Xenophon has predicted 2017 will be a "very unhappy year for the gambling industry".
Madeleine Heffernan covers the retail and consumer goods sectors.
Powerful senator Nick Xenophon has predicted 2017 will be a "very unhappy year for the gambling industry".
Brace yourself for more retail collapses in the first three months of 2017.
The competition watchdog will not appeal a Federal Court ruling that Woolworths did not act unconscionably when it demanded up to $60 million in cash from suppliers to plug a profit shortfall.
The shops will be chockers on Fridays as shoppers seek out everything from Harry Potter to fragrances and coffee machines.
The secretive German supermarket paid $71.56 million in tax in the 2014-15 financial year, in figures disclosed by the Australian Taxation Office.
Adminstrators say prospective buyers are circling the collapsed specialist storage retailer.
China-focused baby formula company expected to deliver more bad news by Wednesday.
"We think it would be pretty appalling if it were seen as a green light to do the same thing again," suppliers say after Woolworths wins court case.
Australia's largest department store wins continuous disclosure battle.
Australians have been slow to embrace grocery home deliveries. But this could change as online retail giant Amazon readies to head Down Under.
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