Myer executive chair Olivia Wirth says retail crime is ‘endemic’ and has escalated across Australia, with the chief becoming the latest to call out Victoria as the biggest problem State.
TOM RICHARDSON: Private credit investors have enjoyed a golden run, but regulators are calling and the risks in a downturn are much higher than most investors realise.
Takeover target Santos has revealed it had expressed concerns about delays in finalising a deal before its suitors eventually pulled the plug just days before an offer was due on the table.
Abu Dhabi National Oil Co has walked away from a proposed $30 billion offer for natural gas producer Santos, saying a ‘combination of factors’ discouraged it from making a final bid.
Economists say Australian property prices are set to surge once again over the coming years, with a number of factors creating a perfect storm in the housing market.
EXCLUSIVE: Forty-eight of Australia’s top investors were involved in Rodney Forrest’s stock-picking competition when he illegally bought $2.6 million worth of shares in Platinum Asset Management.
With about 5000 jobs already cut by ANZ and National Australia Bank this week, the union said Bendigo was slashing 145 jobs from its technology division while eliminating another 13 in mortgage help.
BHP will pay $110 million to aggrieved Australian investors who bought shares in the Big Australian just before the deadly Samarco dam collapse in Brazil.
Australia’s two biggest supermarket chains — Woolworths and Coles — face combined costs of as much as $780 million following years of underpayments to staff.