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.
Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.
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.
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.
Woolworths and Coles have rarely faced such intense scrutiny as they have recently, but the heat is only going to be dialled up further as the year unfolds.
Nvidia reported earnings after the bell that beat Wall Street expectations for earnings and sales, and said that revenue during the current quarter would be better than expected.