Business

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Analysts warn a landmark ruling against Coles could have unintended consequences for consumers.

Shoppers could pay more after Coles misconduct ruling

Supermarket prices could stay higher for longer following a ruling that Coles misled its customers with non-genuine discounts, according to one retail expert.

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More Australian shoppers are considering home brand products.

Why own brand supermarket products booming in popularity

Home brand products are ‘closing the trust gap’ in the supermarket aisle.

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Boost Juice Founder Janine Allis.

‘Unfair’: Top Aussie entrepreneur slams Albo’s CGT backflip

One of Australia’s most successful entrepreneurs has slammed Labor’s budget and said they would never have started a global empire under the new capital gains tax rules.

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Sukhinder Singh Cassidy is the CEO of Xero.

Software company feeds the artificial teeth that bit it

Xero is trying to claw its way out of the software stock wreckage by leaning into the very force that helped put it there: artificial intelligence.

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Opposition leader Angus Taylor has pledged to end the bracket creep.

Angus Taylor’s bold pledge to ‘end the inflation tax’

In his first formal Budget reply Opposition Leader Angus Taylor will detail the bold and expensive pledge as One Nation claims credit for coalition’s policy of cutting welfare for migrants.

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In September 2024, the Australian Competition and Consumer Commission launched separate, but similar, proceedings against Coles and Woolworths, claiming both supermarkets jacked up prices on everyday items before offering discounts at prices higher or equal to the original shelf life.

Coles loses sham discounts fight, shoppers to pay the price

Shoppers can expect higher prices for longer at the supermarket, experts say, after the Federal Court found Coles misled consumers with sham discounts in a landmark win for the consumer watchdog.

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Donald Trump and Xi Jinping are holding talks in Beijing.

Trump-Xi summit will expose dysfunctional duo

The critical summit between Donald Trump and Xi Jinping could frame relations between the US and China for years (but don’t mention the war).

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Judgment in the consumer watchdog's case against Coles is set to be delivered in the Federal Court. (Joel Carrett/AAP PHOTOS)

‘Not genuine’: Coles discounts misled shoppers, court rules

A court has ruled Coles misled shoppers with illusory discounts under its Down Down campaign in a landmark decision.

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Judgment in the consumer watchdog's case against Coles is set to be delivered in the Federal Court.

Major supermarket braces for major ruling over price claims

Coles faces the prospect of colossal fines and cynical shoppers if it loses a high-stakes court case over allegedly illusory discounts.

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Commonwealth Bank’s share price tumble on Wednesday signals a rough year ahead for shares.

CBA has worst day on record as CGT fears grow post-Budget

Professional investors suggest growth shares will struggle to find buyers as capital gains could be taxed at more than 40 per cent under Labor’s Budget.

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Once again, the Labor Government is gaslighting us by claiming their investment tax reforms are motivated by ‘intergenerational fairness’.

Why the Budget of broken promises will leave everyone poorer

Once again, the Labor Government is gaslighting us by claiming their investment tax reforms are motivated by ‘intergenerational fairness’.

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The Federal Budget plan to make property investment less tax-friendly could also leave ordinary shareholders and startups paying more when they sell their respective shares or businesses.

Why the CGT housing fix also punishes investors and startups

The Federal Budget plan to make property investment less tax-friendly could also leave ordinary shareholders and startups paying more when they sell their respective shares or businesses.

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Announced last year, the tie-up between London-listed Frasers Group and footwear retailer Accent Group involves rolling out at least 50 Sports Direct stores in Australia and NZ over six years.

The Athlete’s Foot owner bets on UK sports giant’s rollout

Australia’s biggest footwear retailer Accent Group is banking on the rollout of British sporting goods giant Sports Direct to hit its ambitious sales target of $2 billion by the end of the decade.

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OpenAI chief executive Sam Altman rejects claims made by Elon Musk.

OpenAI CEO’s shock claims about Elon Musk as trial heats up

In a trial involving big tech's most powerful titans, Elon Musk is suing OpenAI executives, alleging they ‘stole a charity’ by shifting its purpose.

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Economists from Australia’s biggest bank said interest rates could rise following the Budget, which will spend an extra $6.5 billion.

Commonwealth Bank slams Budget over failed inflation fight

Economists from Australia’s biggest bank said interest rates could rise following the Budget, which will spend an extra $6.5 billion.

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