Coles customers have been forced to make big changes to the way they shop at the grocer as they seek to reduce the financial blows stemming from the war in Iran.
Pressure is mounting for Jim Chalmers to sharpen the axe in his upcoming Federal Budget as economists from Deloitte warn years of revenue windfalls have ‘papered over’ structural flaws in the nation’s finances.
Woolworths boss Amanda Bardwell expects a ‘first wave’ of price rises in fruit, vegetables, milk and bread as she warns consumers are under ‘peak stress’ amid the cost-of-living crisis.
Woolworths says it has so far weathered the oil price storm fuelled by war in the Mid East but warns there are early signs customers are turning more cautious and suppliers are facing inflationary pressures.
On the first day of testimony in a landmark trial between Elon Musk and OpenAI CEO Sam Altman, two notably different tales were offered of how OpenAI evolved.
Aldi Australia has posted weaker sales growth and a profit drop in 2025, with shoppers seemingly falling out of love with the retailer’s no-name brands and cheaper items amid a renewed supermarket price war.