David Jones has unveiled its redesigned two-level store in Macarthur Square Shopping Centre in Sydney.
BHP Billiton CFO Peter Beaven is pushing for a cut in company tax, which he said will lead to an increase in investment, employment and tax revenue. Beaven’s comments came during the Australian Financial Review’s Business Summit, held in Sydney on Thursday.
Iron ore spot markets experienced another plunge on Thursday. The latest development took the spot market to new one-month lows.
Sephora has announced that it would open another Australian store at Westfield Chermside in April.
Air New Zealand and Qantas has launched an industry group that would tackle public policy issues affecting Australian and New Zealand travellers.
The European Central Bank is expected to maintain dovish on its interest rate, but also maintain lower inflation target despite meeting the inflation target in February.
BHP Billiton said it will be investing further in the oil market sector as prices experience a stable recovery. The mining giant believes oil demand will grow and come at par with supply this year.
Gold futures declined on Wednesday, marking a slump for the seventh consecutive session. With this, the metal finished at its lowest recording since the start of February.
The price of iron ore is threatening to dip below US$85 (AU$112.8) a tonne. The export slipped 2.6 percent to settle at US$85.3 (AU$113.2) overnight, according to the Steel Index.
Westpac chief Brian Hartzer was the last executive to face the second round of questioning of the parliamentary on Wednesday.
Korn Ferry International announced on Monday that it has earned $381.9 million (AU$503M) for its third quarter fiscal year 2017 revenue fee.
Australian shares experienced a downslide on Wednesday. While prices of copper and iron ore showed a regressive growth, gold prices remained steady.
The Australian dollar has witnessed a significant downslide against its US counterpart. The development comes amid a forecast in the increase of US interest rates supporting the US currency.
US President Donald Trump coming into power could change the landscape of global trade, according to Michael Every, head of financial markets Asia Pacific for Rabobank at the Australian Bureau of Agricultural and Resource Economics and Sciences (Abares) Outlook.
Coca-Cola Amatil has announced that four boardroom directors would retire in their position.
Downer EDI Limited announced its acquisition of New Zealand non-residential company Hawkins.
Iron ore spot markets delivered a mixed performance on Tuesday. The spot market for 62 percent fines saw an increase of 0.08 percent to reach US$89.80 (AU$118.14) a tonne, according to Metal Bulletin. This comes in the wake of prices dropping below the US$90 (AU$118.41) a tonne mark for the first time since Feb. 10.
JD Sports has confirmed that its Australian store will open in April.
Optus Business and Cisco has collaborated to create a smart workplace and to accelerate digital transformation on businesses and government organisations in Australia.
Navitas, Ltd. (ASX: NVT) said that losing government contracts could also mean reduced income of up to $14million in 2018 and beyond.
Samurais Paradise Pty Ltd owner Shigeo Ishiyama has faced charges for allegedly paying his workers as little as $8 per hour.
The four largest banks of Australia invested more in global fossil fuel projects than in renewable energy in 2016, according to finance group Market Forces. Investment in fossil fuels – $10 billion cumulatively to expand non-renewable energy – outpaces that of clean energy by as much as three times.
Airbus has launched a one-of-a-kind online booking tool that allows users to choose the type of aircraft they wanted.
Etsy, the online crafts supplier, reported significant growth in its gross merchandise sales (GMS) for the fourth quarter that ended on Dec. 31, 2016. The company’s GMS stood at $865.2 million, a jump of 16.7 percent for the same period the previous year.
Australian stocks are expected to open slightly lower on Tuesday as investors await the decision of the Reserve Bank of Australia (RBA) for its second monetary policy of 2017.
Iron ore prices weakened on Monday, going below the US$90 (AU$118.5) a tonne mark overnight. This comes as the lowest recording in almost a month. The price for 62 percent fines closed at US$89.73 (AU$118.14) – a decline of 1.7 percent from the previous trading day.
The ABC managing director Michelle Guthrie has planned to axe middle managers and supervisors to create $50 million content fund.
European retailer TK Maxx chose 303 MullenLowe to launch advertising campaigns for the retail giant’s international brands in Australia.
Australian Competition and Consumer Commission has released an Annual Airport Monitoring Report showing the performance of Brisbane, Melbourne, Perth and Sydney airports.
Rio Tinto is considering whether to extend the project at Argyle diamond mine, Western Australia. In light of this development, the mining company has reduced its estimate of the mineral resources at the mine.
