WA’s biggest listed company is now valued at $88.6 billion, having hit a new peak of $78.85 on Thursday before closing 54¢ higher at $74.12.
Sean Smith
Shares in Temple & Webster have scaled new heights after the online furniture retailer revealed net profit more than doubled in the first half, fuelled by growing demand for bathroom fixtures and ceiling fans.
Cheyanne Enciso
An iconic Aussie fish market has hit back at stark claims it could be falling into insolvency, stating bluntly it is ‘business as usual’.
Duncan Evans
Treasury Wine Estates has reported a 50 per cent earnings slump in its cheap wine division as consumer demand for its budget plonk — starting at just $6 a bottle — softens.
Woolworths will make some office-based roles redundant as part of the supermarket’s broader restructure to cut costs and meet customers’ changing expectations.
Coffee machine sales are on the rise as more Australians look to beat the cost-of-living crunch by increasingly brewing at home.
Following the death of a 30-year-old from alcohol poisoning, a coroner is calling for curfews for booze home delivery.
Blair Jackson
Australia’s business confidence climbed almost back to its long-run average, while a recent recovery in consumer sentiment showed signs of stalling amid ongoing cost-of-living pressures.
Swati Pandey and Frances Du
More than 100 strangers have shown up at a couple’s front door, forcing the residents to erect a sign turning them away, after a shocking scam.
Alexandra Feiam
A union boss has come out swinging following reports some of Australia’s richest people want to cut penalty rates.
Cameron Micallef
Woolworths has tightened the reins on working-from-home privileges for its 10,000 office staff, asking them to commit to spending at least three days a week in the office.
Figures from one of Australia’s major retailers show shoppers have found room in their budgets despite cost-of-living pressures.
JB Hi-Fi boss Terry Smart says it’s too early to tell if the recession gripping the retail sector has come to an end, despite the electronics behemoth posting a near-10 per cent lift in first-half sales.
A reclining armchair has been recalled by authorities after a sofa overheated from an electrical default and caught fire.
Emma Kirk
New legislation is holding Buy Now Pay Later providers to Australian credit licence standards in an attempt to protect consumers.
Holly Truelove
An Australian-founded cosmetics business looking to break the US market with the help of internet darling Campbell ‘Pookie’ Puckett has been snapped up by a pharmaceuticals billionaire.
Simone Grogan
New Domino’s Pizza chief executive Mark van Dyck will swing the axe on 205 loss-making stores, the majority in Japan, in a bid to improve profitability.
Cheyanne Enciso and Daniel Newell
Another Perth business is shutting up shop, with the owner blaming increasing costs and the rise of discount retailers including Temu that he says have made it ‘impossible to keep going’.
Natalie Richards
Shares in furniture retailer Nick Scali have surged to record highs despite it posting a slump in first-half profit, weighed by the poor performance of its newly acquired British chain Fabb.
Nationals leader David Littleproud has hit out at Coles after the supermarket giant flagged a cull in its product range, claiming prices at the checkout would rise.
Popular and ultra-cheap Chinese retailers Shein and Temu are tipped to lose customers this year as Australians become increasingly sceptical of the brands’ quality.
International retailers Temu and Shein have risen rapidly in Australia, but that could be short lived. Here’s why.
The business behind legendary Australian surfwear brands Billabong and Quiksilver has applied for bankruptcy in the US, with more than 100 stores to close.
Woolworths boss Amanda Bardwell has made her first major restructure of the supermarket’s flagship food arm — creating a bulked-up division that will include three of its subsidiaries.