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05/24/2016
Wesfarmers profit to be hit by $2 billion in Target, coal write-downs - The Sydney Morning Herald


The Sydney Morning Herald

Wesfarmers profit to be hit by $2 billion in Target, coal write-downs
The Sydney Morning Herald
Wesfarmers' bottom line profit will be all but wiped out this year by write-downs and restructuring costs of more than $2 billion on its ailing Target chain and its struggling coal business. The conglomerate said on Wednesday that it would take a non ...
Wesfarmers goodwill goes badThe Australian
What's wrong with Target? Here are five reasons why they are failing as a businessHerald Sun
Wesfarmers' Target writes down more than a billion dollars in goodwill, coal values slashedABC Online
Business News -Wall Street Journal -The Australian Financial Review -Financial Times
all 29 news articles »


05/24/2016
Boral reaffirms full-year earnings guidance - The Sydney Morning Herald

The Sydney Morning Herald

Boral reaffirms full-year earnings guidance
The Sydney Morning Herald
Building products maker Boral has reaffirmed its full-year guidance, saying performance at its largest division - construction materials and cement - has been in line with expectations. The company had predicted, at the time of its half-year results in ...

and more »


05/24/2016
NSW ranked worst state for renewable energy in Climate Council report - ABC Online

ABC Online

NSW ranked worst state for renewable energy in Climate Council report
ABC Online
New South Wales is again ranked as the worst performing state for the supply of renewable electricity in the Climate Council's latest report card. The report — Game on: The Australian Renewable Energy Race Heats Up — shows the state's proportion of ...
NSW trailing nation in renewables: reportSBS
Coalition governments drag the chain on renewable energyRenewEconomy
Ireland still some way off meeting renewable target for 2020Irish Independent
The Sydney Morning Herald -Business Green -The Guardian -OilPrice.com
all 54 news articles »


05/24/2016
Telstra CEO Andy Penn acknowledges his company has problems - The Sydney Morning Herald

The Sydney Morning Herald

Telstra CEO Andy Penn acknowledges his company has problems
The Sydney Morning Herald
Telstra CEO Andy Penn says he's reading the comments of customers frustrated with the company's repeated internet failures. Returning to social media for the first time since the telco's latest internet meltdown on Friday, Penn tweeted on Tuesday ...
Telstra's latest outages harming local businesses: “It's not just inconvenient because you can't watch Netflix”SmartCompany.com.au

all 2 news articles »


05/24/2016
Apartment, house building boom failing to offset mining bust - ABC Online

ABC Online

Apartment, house building boom failing to offset mining bust
ABC Online
Activity in the Australian construction sector has fallen for the third quarter in succession, as the residential and commercial building sectors struggle to pick up the slack from work winding up on big resources projects. The overall value of ...
EconomyAussie skilled vacancies rise for first time in 4 monthsFinancial Times
Australian 1Q Construction Activity SlowsNasdaq
Australia - Construction Work done for Q1: -2.6% (expected -1.5% prior was -3.6%)ForexLive
Investing.com
all 7 news articles »


05/24/2016
Australia's living standards are in jeopardy without significant budget repair: ACCI - ABC Online

ABC Online

Australia's living standards are in jeopardy without significant budget repair: ACCI
ABC Online
A major business lobby group has warned that living standards in Australia are in jeopardy without significant budget repair. The Australian Chamber of Commerce and Industry (ACCI) has jumped on research from the Organisation for Economic Cooperation ...
Business warns standards of living at riskYahoo7 News

all 4 news articles »


05/24/2016
Housing stress and homelessness worse in regional Australia says Salvation Army report - ABC Online

ABC Online

Housing stress and homelessness worse in regional Australia says Salvation Army report
ABC Online
A Salvation Army report has found nearly 70 per cent of the charity's clients are experiencing extreme housing stress, prompting calls for poverty to become a key election issue. The Salvos have surveyed 1,600 clients, with the results showing that 68 ...
Some Australians are living on $17 a day: SalvosSBS
West Australians hit hardest by housing stressThe West Australian
Maitland Salvos call for help to fight alarming poverty statisticsThe Maitland Mercury
The Canberra Times -Gympie Times -Starts at 60 -Port Macquarie News
all 16 news articles »


05/24/2016
A quarter of non-executive directors at Australia's top 200 companies are now women - Business Insider Australia

Business Insider Australia

A quarter of non-executive directors at Australia's top 200 companies are now women
Business Insider Australia
More women are taking a place at the board tables of Australia's top 200 companies, but the pace of change in the corporate world is still slow. A quarter (26%) of the non-executive directors are female, according to research by KPMG Australia for the ...
Stocks 1.65pc higher at noonThe Australian
Why selling your shares now would be a mistakeMotley Fool Australia
ASX 200 companies pay lip service on gender diversity: reportThe Sydney Morning Herald
NEWS.com.au -The Canberra Times -Business News -Yahoo7 News
all 43 news articles »


05/24/2016
Tasmanian budget: Government to restore, extend first home builder's grant - ABC Online

ABC Online

Tasmanian budget: Government to restore, extend first home builder's grant
ABC Online
The Tasmanian Government is set to offer what it says is the most generous incentive in Australia to build a first house, restoring the first home builder's grant to $20,000. The Government had intended to phase out the grant for first-time builders ...
Treasurer Peter Gutwein announces $20000 boon for first home buildersPerth Now

all 4 news articles »


05/24/2016
David Jones shows foreigners rule the roost at Australian retailers - The Sydney Morning Herald

Appliance Retailer

David Jones shows foreigners rule the roost at Australian retailers
The Sydney Morning Herald
Australian retail executives could be forgiven for developing an inferiority complex. More than half the senior executive roles at leading national retail chains are now held by overseas-born retailers following another shake-up at department store ...
David Jones boosts management teamSBS
Donna Player's shock exit from David JonesRagtrader
Australian icon Donna Player quits Head of Fashion role at David JonesDaily Mail

all 8 news articles »


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