Former Commonwealth Bank executive Kelly Bayer Rosmarin has been named the next chief executive of Optus, with the appointment taking effect next year. On April 1 she will succeed Allen Lew, who is taking on […]
Caltex Australia is planning a $500 million capital raising and the sale of an initial 25 petrol stations for $136 million as it contends with an unsolicited approach from its Canadian suitor. The petrol retailer […]
Retail spending flatlined in October in yet further evidence consumers have banked any recent stimulus windfall instead of hitting the shops. Consumers spent a seasonally adjusted $27.57 billion in October, according to Australian Bureau of […]
Metcash has slipped to a $152.5 million first-half loss on the back of the loss of its 7-Eleven supply contract. The IGA supermarket supplier says sales revenue for the six months to October 31 rose […]
Whitehaven Coal has cut its coal production outlook for 2020, while raising its cost forecast, as the company faces labour issues at its Maules Creek operations and drought conditions in NSW. Australia’s biggest independent coal […]
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