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Finance

Finance Archives

FWO taking Woolworths to court for failure to back-pay underpaid workers

According to the FWO, Woolies underpaid 70 employees $1.17 million between March 2018 and 2019, and it has failed to rep...

FWC approves 2.5 per cent increase to minimum wage

However, most of the retail sector will have a two-month delay to get prepared for the increase.

Unilever buys digital-first skincare brand Paula’s Choice

Paula’s Choice will join Unilever Prestige which operates skincare brands such as Tatcha, Murad and Dermalogica.

Vitamin subscription service Vitable raises $5.5m venture funding

The funds raised will be used to boost geographic expansion, product and app development and recruit key personnel.

Campos picked up by Dutch coffee giant for undisclosed sum

Campos serves customers through direct-to-consumer, retail and its own flagship cafes, as well as being available in ove...

Domino’s buys up Taiwan operations

The company also plans to expand the brand’s footprint in Asia from 1500 stores to 1900 stores by 2032.

NSW announces five-year plan to phase out plastics

The $356 million five-year plan could see lightweight plastic bags, disposable cutlery, cotton buds and more cut out by ...

Mighty Craft snaps up Adelaide Hills Group liquor brands

Co-founders - Sacha La Forgia, Ewan Brewerton, Steve Dorman and Toby Kline, will remain working for the businesses to fu...

JBS Foods paid hackers US$11 million to end ransomware attack

"This was a very difficult decision to make for our company and for me personally," said Andre Nogueira, CEO.

ACCC gives Woolies, PFD acquisition the thumbs up

The ACCC will not oppose Woolworths Group’s plan to acquire food distributor PFD Food Services following a detailed inve...

“Flawed from the outset”: Behind the downfall of David Jones Food

David Jones’ parent suggests a move towards concessions model and longlife products to save ailing food business.

Mad Paws to buy dog-treats subscription business Waggly Club

Waggly Club revenue has surged from $800,000 to $1.5 million from FY 2020 to FY 2021.

Peanut butter packaging stoush ends in $9.25 million settlement

After years of failed legal action, Kraft and Bega have entered a confidential settlement.
Subscription service Beer Cartel to sell shares to public

Subscription service Beer Cartel to sell shares to public

The alcohol delivery business aims to raise $1.5 million through equity crowdfunding with Birchal to fund its growth and...

Good. Different? Aldi follows rivals on self-service and e-commerce

Aldi Australia is rolling out self-service technology to select stores in NSW and taking its first steps in e-commerce.