Browsing Tag

Australia and New Zealand

Heartbreaking past of new Woolies boss

Origin Energy chairman Scott Perkins will be the new chairman of the Woolworths board, taking over from Gordon Cairns.Mr Perkins, who has been on the Woolworths Group board since 2014, is an experienced company director in Australia and…

How quickly your super will disappear

The average Aussie may need to save around $75,000 to $100,000 per year just to retire comfortably, according to a new financial survey.And while superannuation is a major asset on the path towards retirement, the fund you invest with may…

JB Hi-Fi’s secret weapon revealed

Home entertainment retailer JB Hi-Fi has posted record earnings and sales for the 2022 financial year, as Covid restrictions eased and customers returned to brick and mortar stores to shop.JB, which also owns The Good Guys, reported strong…

Customer complaints spark Telstra overhaul

Telstra has made a massive change to its services after hearing customers “loud and clear”.Telecommunications giant Telstra has announced all of its call centres have returned to Australian soil after ongoing customer demand.When announcing…

Huge change at Melbourne airport

A major airline has come to the rescue of Australia’s struggling aviation industry, making one huge promise for Melbourne airport.Qatar Airways has announced more international flights from Melbourne in a timely boost to Victoria’s aviation…

Comm Bank set for mammoth investment hit

The Commonwealth Bank is facing a $2bn investment hit on a major buy now, pay later app.The Commonwealth Bank is facing a giant $2bn hit to its investment in Klarna, with the buy now, pay later platform’s value expected to plummet.…

Iconic Aussie fashion brand bumps up prices

An iconic Aussie brand has lifted the price of its cornerstone range after “rigorous research and consideration”.An iconic Australian brand has announced it is increasing the price of one of its most popular products. RM Williams, owned by…

Why you won’t buy wine for less than $20

Surging demand and increasing supply costs will continue to push wine prices “through the roof”, industry experts say.Wine prices could continue to climb amid strong consumer demand, soaring grape costs and issues with supply, industry…

Travel stocks rocket on new border rules

The ASX eased slightly, but news double vaccinated travellers will be allowed into Australia on February 21 sent the sector soaring.The Australian sharemarket finished barely changed, with travel stocks surging after new border rules were…