Myer trading halt on disclosure allegation
Retail giant Myer has denied suggestions it breached continuous disclosure obligations, but trading in its shares has been halted so it can respond more fully.
NAB chief executive Andrew Thorburn’s has his pay cut by $2 million after the lender’s poor financial and reputational performance.
Rain may have reached drought-hit regions of NSW and Southern QLD in October, but it’s too late to improve summer harvest prospects, according to Rabobank.
The unemployment rate kept steady at a six-year low of 5.0 per cent in October, with the number of people with jobs growing by 32,800, according to the ABS.
Bookings for Uber’s ride-hailing and delivery services rose just six per cent in the latest quarter, with the firm losing $US1.07 billion for the quarter.
Despite losing $1 billion on its disastrous and short-lived UK venture, Wesfarmers chairman Michael Chaney says Bunnings could have succeeded there.
Hourly pay rates across Australia rose 2.3 per cent in the 12 months to September, the highest annual growth rate in three years.
Nine Entertainment chief executive Hugh Marks says the network’s planned merger with Fairfax Media is driven by growth prospects, not cost cutting.
A new consumer survey has shown Australians are more upbeat on their finances and the long-run economic outlook.
Online shopping giant Amazon will open new East Coast headquarters in a New York neighbourhood and a suburb of Washington.
Seven West Media expects cricket to help it increase its ratings share amid a flat TV ad market over the coming year.
Commonwealth Bank will get 65 per cent of its energy from renewables after signing an agreement with the largest wind farm in New South Wales.
Paint and homeware company Dulux Group has lifted its full-year profit 5.4 per cent to $150.7 million, while revenue is up 3.3 per cent, to $1.84 billion.
Amazon.com has picked New York City and Virginia for its split second headquarters with the company to invest $US5 billion and hire 25,000 workers in each hub.
A 37-year-old woman and a 12-year-old boy have died after a truck collided with their vehicle on the Murray Valley Highway in Brimin on Friday night at about 9.30pm. The truck driver has been identified as a 31-year-old Mooroopna resident and has...
The lives of the Sharp family were turned upside-down recently while on a routine trip home from school.
ECHUCA Regional Health staff have been left shocked and saddened by the death of former surgical registrar Daniel Christidis in a shark attack on Monday. Mr Christidis, 33, died in North Queensland after he was attacked while paddleboarding in the...
JOELENE Joyce saw her partner gunned down on a dark and lonely NSW country road before desperately running for her life, even after she had been seriously wounded by the assailant. Daniel Poynton continued to chase the terrified woman in the...