WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE

SUPERMARKET giant Coles has posted its biggest slide in earnings since it was acquired by Wesfarmers (ASX: WES) 10 years ago as it faces intense competition from Woolworths and German chain Aldi.

Wesfarmers revealed Coles' earnings plunged 13.5 per cent to $1.61 billion which is the first ...

WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE
Business News Australia reports on business news, trends, and profiles for Adelaide business owners, executives and entrepreneurs.
ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY
ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY

AS THE Australian population continues to grow, analysts are predicting what the country is likely to look like wi...

SEVEN WEST REPORTS MASSIVE LOSS AND CUTS CEO TIM WORNER'S PAY PACKET BY $450K
SEVEN WEST REPORTS MASSIVE LOSS AND CUTS CEO TIM WORNER'S PAY PACKET BY $450K

SEVEN West Media (ASX: SWM) has posted a full-year loss of $744.3 million and cut CEO Tim Worner's pay packet by ...

HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS
HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS

THEY partnered up to provide a scientific and targeted approach to dieting, and Kate Save and Geoff Draper cut Sha...

AUSTRALIA'S LARGEST MARKETING CONFERENCE SET TO SHOWCASE INTERNATIONAL INDUSTRY LEADERS
AUSTRALIA'S LARGEST MARKETING CONFERENCE SET TO SHOWCASE INTERNATIONAL INDUSTRY LEADERS

THE ASSOCIATION for Data-driven Marketing and Advertising (ADMA) has announced the finalised list of speakers for ...

JB HI-FI POSTS STRONG PROFIT RESULT BUT MISSES MARKET EXPECTATIONS
JB HI-FI POSTS STRONG PROFIT RESULT BUT MISSES MARKET EXPECTATIONS

HOME entertainment and electronics retailer JB Hi-Fi (ASX: JBH) has boosted its full year net profit by 13.3 per cent...

THE SOLAR POWERED DRONE THAT COULD FLY INDEFINITELY
THE SOLAR POWERED DRONE THAT COULD FLY INDEFINITELY

AN Australian company is in the process of developing a completely solar powered drone that might be capable of in...

RESIDENTIAL COLLAPSE TO LEAD SHARP BUILDING MARKET DECLINE, BIS SAYS
RESIDENTIAL COLLAPSE TO LEAD SHARP BUILDING MARKET DECLINE, BIS SAYS

THE Australian building market is set to decline by 17 per cent over the next three years led by a collapse in res...

MANTRA GROUP PICKS UP LUXURY HOTEL CHAIN FOR $52.5M AS DOMESTIC EXPANSION CONTINUES
MANTRA GROUP PICKS UP LUXURY HOTEL CHAIN FOR $52.5M AS DOMESTIC EXPANSION CONTINUES

Mantra Group (ASX: MTR) has acquired the Art Series Hotel Group in a deal worth $52.5 million as it further extends t...

AUSTRALIAN MEDICINAL CANNABIS GROUP LAUNCHES ANIMAL HEALTH PRODUCT IN SWITZERLAND
AUSTRALIAN MEDICINAL CANNABIS GROUP LAUNCHES ANIMAL HEALTH PRODUCT IN SWITZERLAND

CRESO Pharma Limited (ASX: CPH) will launch its original hemp-based animal feed products in Switzerland. The A...

COMMBANK FACES MASSIVE FINES FOR BREACH OF ANTI-MONEY LAUNDERING AND TERRORISM FINANCING LAWS
COMMBANK FACES MASSIVE FINES FOR BREACH OF ANTI-MONEY LAUNDERING AND TERRORISM FINANCING LAWS

THE Commonwealth Bank engaged in 'serious' and systemic breaches of anti-money laundering and terrorism finan...

PIONEERING AUSTRALIAN WINE MAKING ITS WAY TO CHINA
PIONEERING AUSTRALIAN WINE MAKING ITS WAY TO CHINA

DAWINE Limited (ASX: DW8) will soon be exporting one of Australia's most famous wines into China, tapping into...

AUSTRALIA'S NBL PULLS OFF MAJOR DEAL WITH NORTH AMERICA'S NBA TO PLAY IN THE US
AUSTRALIA'S NBL PULLS OFF MAJOR DEAL WITH NORTH AMERICA'S NBA TO PLAY IN THE US

The National Basketball Association (NBA) and the National Basketball League (NBL) today announced that the Brisbane ...

Companies

WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE
WESFARMERS BOOKS BUMPER PROFIT BUT SUPERMARKET WAR HITS COLES' BOTTOM LINE

SUPERMARKET giant Coles has posted its biggest slide in earnings since it was acquired by Wesfarmers (ASX: WES) 10 ye...

Property

ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY
ANALYSTS PREDICT WHAT AUSSIE LIVING IS LIKELY TO BECOME IN THE NEXT CENTURY

AS THE Australian population continues to grow, analysts are predicting what the country is likely to look like wi...

Opinion

FACTS MATTER IN TAX REFORM DEBATE
FACTS MATTER IN TAX REFORM DEBATE

Politicians can have differing opinions in the company tax debate, but they shouldn't mislead the public about...

Leadership

SURVEY SAYS COUNTEROFFERS MIGHT BE A WASTE OF MONEY
SURVEY SAYS COUNTEROFFERS MIGHT BE A WASTE OF MONEY

TO RETAIN the best and brightest employees it sometimes seems like a good idea to offer more money, but recent res...

Entrepreneurship

HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS
HOW MAKING MISTAKES AND PASSION SCORED WEIGHT LOSS PARTNERS A DEAL WITH SHARK TANK'S JANINE ALLIS

THEY partnered up to provide a scientific and targeted approach to dieting, and Kate Save and Geoff Draper cut Sha...

Technology

THE SOLAR POWERED DRONE THAT COULD FLY INDEFINITELY
THE SOLAR POWERED DRONE THAT COULD FLY INDEFINITELY

AN Australian company is in the process of developing a completely solar powered drone that might be capable of in...

SLATER AND GORDON TO SETTLE CLASS ACTION FOR $36M
SLATER AND GORDON TO SETTLE CLASS ACTION FOR $36M

Slater and Gordon (ASX: SGH) has agreed to settle one of the class actions brought against it by angry shareholder...

Finance

MEGAPORT SHARES RISE FOLLOWING STRONG QUARTERLY RESULTS
MEGAPORT SHARES RISE FOLLOWING STRONG QUARTERLY RESULTS

MEGAPORT Limited (ASX: MP1) has seen its share price rise by almost two per cent following the announcement of str...

Marketing

AUSTRALIA'S LARGEST MARKETING CONFERENCE SET TO SHOWCASE INTERNATIONAL INDUSTRY LEADERS
AUSTRALIA'S LARGEST MARKETING CONFERENCE SET TO SHOWCASE INTERNATIONAL INDUSTRY LEADERS

THE ASSOCIATION for Data-driven Marketing and Advertising (ADMA) has announced the finalised list of speakers for ...

Executive Lifestyle

NEW VEHICLES - A LUXURY TRAP OR NECESSITY?
NEW VEHICLES - A LUXURY TRAP OR NECESSITY?

IT'S OFTEN said that the cars we drive say a lot about us, and we are sometimes unknowingly stereotyped by the...

Conference And Events

AUSTRALIA'S LARGEST MARKETING CONFERENCE SET TO SHOWCASE INTERNATIONAL INDUSTRY LEADERS
AUSTRALIA'S LARGEST MARKETING CONFERENCE SET TO SHOWCASE INTERNATIONAL INDUSTRY LEADERS

THE ASSOCIATION for Data-driven Marketing and Advertising (ADMA) has announced the finalised list of speakers for ...

Video

THE SOLAR POWERED DRONE THAT COULD FLY INDEFINITELY
THE SOLAR POWERED DRONE THAT COULD FLY INDEFINITELY

AN Australian company is in the process of developing a completely solar powered drone that might be capable of in...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter