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Myer boss calls for Rudd-style cash splash as coronavirus stimulus

Myer boss calls for Rudd-style cash splash as coronavirus stimulus

The struggling department store's chief executive John King has called on the government to put cash in the pockets of consumers in response to the coronavirus crisis.

  • by Dominic Powell

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Teoh signals TPG-Vodafone ready to take on NBN as ACCC passes on appeal
Updated
Telecommunications

Teoh signals TPG-Vodafone ready to take on NBN as ACCC passes on appeal

A merged TPG-Vodafone appears set to use its 5G fixed wireless to take on the NBN in the residential market, after the ACCC ruled out appealing a court ruling allowing the deal.

  • by Zoe Samios
Myer's seemingly ugly result is history now the coronavirus is here
Opinion
Retail

Myer's seemingly ugly result is history now the coronavirus is here

Myer has produced a first-half profit that is either ugly or, beneath its headline, respectable in the conditions. With the coronavirus epidemic darkening the outlook for retailers, however, the result is irrelevant as a guide to future profitability.

  • by Stephen Bartholomeusz
'Rest, relax and celebrate': Etihad asks cabin crew to take leave as coronavirus hits demand
Coronavirus outbreak

'Rest, relax and celebrate': Etihad asks cabin crew to take leave as coronavirus hits demand

The state-owned Gulf carrier is asking cabin crew to take paid leave next month due to the rapidly spreading coronavirus that has led to a drop in travel demand.

  • by Aziz El Yaakoubi
Qantas cleaning standards a COVID-19 infection risk: safety watchdog
Coronavirus outbreak

Qantas cleaning standards a COVID-19 infection risk: safety watchdog

Qantas has been ordered to improve how it cleans its aircraft after a workplace safety inspection found the airline could be putting workers and passengers at risk of catching coronavirus.

  • by Patrick Hatch
Twitter testing a feature that sees tweets delete themselves after 24 hours
Social media

Twitter testing a feature that sees tweets delete themselves after 24 hours

Twitter is making a push to encourage people to share more often on its service.

  • by Kurt Wagner
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Hermes handbags make leap from accessory to asset for ultra-rich
Commercial real estate

Hermes handbags make leap from accessory to asset for ultra-rich

Demand for upmarket handbags is tipped to zip higher, as the number of global billionaires is forecast to grow by 27 per cent over the next five years.

  • by Carolyn Cummins
Fortescue clears isolated Pilbara worker
Coronavirus outbreak

Fortescue clears isolated Pilbara worker

Fortescue chief executive Elizabeth Gaines said the worker was placed in isolation in accordance with Department of Health guidelines. 

  • by Hamish Hastie
The Espy snapped up by KKR-backed company in $100m-plus deal
Commercial Real Estate

The Espy snapped up by KKR-backed company in $100m-plus deal

One of Melbourne’s oldest and grandest hotels, The Espy, and a string of other popular city watering holes have traded hands in a $100 million-plus deal.

  • by Simon Johanson
Telstra ups the ante on climate with ambitious plan to cut emissions
Telecommunications

Telstra ups the ante on climate with ambitious plan to cut emissions

Telstra has set the most ambitious carbon emissions targets by a major Australian corporation to date after it unveiled plans to become carbon neutral this year.

  • by Colin Kruger
Iron ore miners starting to recover after shares infected early by coronavirus
Opinion
Coronavirus outbreak

Iron ore miners starting to recover after shares infected early by coronavirus

Early signs are emerging that investors are starting to take a fresh look at Australia’s large iron ore exporters - and through a rosier lens.

  • by Elizabeth Knight