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Metcash bosses say the company’s big two rivals are aggressively expanding through measures that are anti-competitive but not illegal, which means tighter merger laws and government focus is needed.
Mayfair 101 founder James Mawhinney has been arrested and charged with four counts of dishonest conduct, the latest development amid an ongoing legal tussle between the company developer and ASIC.
They head up some of the biggest companies in the word, and they are compensated accordingly. The eye-watering salaries of Australia’s top five highest paid directors have been revealed.
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Bran Black, the freshly minted boss of the Business Council of Australia, is leaning on his grandmother’s words to guide the country’s peak business lobby group.
PAR Technology will pay a 103 per cent premium to gain control of Task Group, which makes customer loyalty apps for fast food restaurants.
Pfizer is betting on cancer drugs to help it regain its footing after a rocky year marked by the rapid decline of its COVID business.
The communications watchdog has fined Optus $1.5 million for not meeting obligations to an emergency services database.
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.
The supermarket giant says it is working to help customers spend less when they shop, cutting prices across departments over the next three months.
The giant private equity group’s initial offer of $1.60 was rejected two weeks ago, with the latest bid coming amid a massive drop in interim profit and the scrapping of its dividend.
Chief executive Meg O’Neill says there’s enough firepower in the oil and gas group’s portfolio, which includes the Scarborough project in north-west WA.
Suncorp has posted a whopping 16.3 per cent increase in its insurance premiums in the past six months. They are just the latest to announce double-digit increases.
Thanks to a series of bets on the online discussion board company, Sam Altman could make millions.
Liquor sales at major retailers Dan Murphy’s and BWS have been largely flat so far this year, parent company Endeavour Group says, as customers feel the squeeze on their hip pocket.
Investors who resisted the temptation to expose themselves to the miners in vogue this time last year have been richly rewarded.