Red ink to flow at DJs and Myer
![Myer CEO Richard Umbers and Woolworths Australasia CEO John Dixon are transforming burning platforms.](http://web.archive.org./web/20180118165511im_/http://www.afr.com/content/dam/images/h/0/k/j/x/2/image.related.afrIndexLeadWide.460x260.h0kk7y.gshfrb.png/1516270277507.jpg)
David Jones and Myer's announcements this week are stark evidence of the immense downwards pressures on a retailing format fitting the definition of a burning platform.
David Jones and Myer's announcements this week are stark evidence of the immense downwards pressures on a retailing format fitting the definition of a burning platform.
Union-backed superannuation funds want low-income earners to get an annual $1000 super top-up under a plan that could cost the government $2.7b per year.
Searching for a job is now as simple as asking for one, thanks to a new integration between SEEK and Amazon's Alexa.
A 24-year-old from Melbourne who previously worked at Ferrier Hodgson has been revealed as one of three individuals behind secretive research firm Viceroy.
Malcolm Turnbull has moved to mend relations with China, praising Beijing for its role in combating North Korea.
National law firm HWL Ebsworth will merge with mid-tier TressCox, less than two months after global firm Norton Rose absorbed local firm Henry Davis York.
Australian company CSL is profiting from the so-called "Aussie flu", with one analyst tipping a three-fold lift in earnings.
BHP will ramp-up production over the next six months as a strategy to unlock "latent growth" capacity at mines like Escondida starts to bear fruit.
Woodside is beefing up its LNG marketing in China where a big increase in gas demand has fuelled fresh hopes for its Browse and Scarborough gas projects.
Coca-Cola Amatil's SPC is finally turning the corner and pursuing growth in new export markets and domestic channels.
Whitehaven boss Paul Flynn said it was logical for the Minerals Council to continue advocating for coal power despite BHP's threat to quit the lobby group over the issue.
Myer has shaken-up senior management and shed another 50 head office jobs after posting an unprecedented fall in sales before Christmas.
Already top European and Japanese officials have run the risk of antagonising the Trump administration by voicing their displeasure as thegreenback brushes against three-year lows.
Energy management tech company Simble is set to be one of the first tech listings on the ASX in 2018.
Australian shares have slumped for a third session, as investors contrasted a raft of company updates with sharp gains on Wall Street.
The competitive advantage of Goldman Sachs is that any chief executive or board member in the world will return its call. No longer.
When RBA governor Philip Lowe next meets top central bankers, he's likely to choose his words very carefully when it comes to the surprising weakness in the US dollar.
When does an intense media focus on Sudanese youths committing violent crimes become responsible reporting of unpalatable facts rather than dismissed as pandering to racism?
The management of Australia's four largest general insurance companies should hang their heads in shame in the wake of the $120 million in refunds paid to customers who bought dodgy insurance policies.
Consumer confidence looks to have made a definitive break from last year's doldrums, but beneath the apparent resilience are warnings signs for the central bank.
Malcolm Turnbull joined economists in hailing a booming labour market after data released Thursday showed the economy recorded its strongest year of jobs growth since the global financial crisis.
After several setbacks, Prime Minister Malcolm Turnbull wants the trade pact signed by March.
Opposition Leader Bill Shorten has called for a return to conventions that see MPs' families considered off limits in partisan attacks.
The NSW corruption body says cash for access or to influence decision making erodes trust in politics permanently.
No charges will be laid against two disgraced Victorian MPs after police investigated their rorting of parliamentary expenses by claiming they lived outside their electorates.
The White House rather than Beijing is the most unpredictable player in Australia and Japan's diplomatic deliberations.
Being a Russian oligarch just ain't what it used to be, and now the US is making a list of those that might be too close to Vladimir Putin
Growth was stronger than expected in the December quarter but doubts over statistics.
The arrest of an ex-CIA case manager provides an insight into the Cold War with China.
For the first time in a while, BoA expenses - which had been declining regularly, down nearly $US600m in the third quarter - held steady.
Do you have a bully on your strata committee? Here's how to keep them in check.
AustralianSuper was the top performing superannuation fund last year after a decision to take overweight positions in global equities paid off.
The closely tracked Australian household debt-to-income ratio has now reached 200 per cent after the inclusion of self-managed super fund debt.
Skills shortages are starting to form in the wake of last year's record jobs growth, with renewable energy, tourism and technology industries increasingly struggling to find workers
The cut-throat divorce battles of the super-rich are revealed in a new TV documentary. Julia Llewellyn Smith meets their lawyers
The MUA and CFMEU have been hit with a huge damages claim over a picket at the Port of Melbourne that left thousands of containers stranded.
How is anyone motivated to do their best when one-size-fits-all wage deals are on the increase?
The Australian designer is embarking on a new strategy at Paris fashion week of designing two collections a year instead of four.
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