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Finance

Finance Archives

Hundreds of tariffs to go from July 1 in biggest reform in decades

The government says this is “the biggest unilateral tariff reform in at least two decades”, hailing it as a gain for pro...

What Harry’s potential IPO could signify for the future of the brand

The company launched its namesake men’s grooming brand in 2013 with a subscription-only online model and differentiated ...

ARA predicts $400 million boost to Easter spending

Victoria residents are expected to spend the most on Easter food and chocolates.

Liquor Loot collapses into administration amid cash flow problems 

Administrators have not laid off staff and are intending to trade the business through the process.

How price scrutiny could impact Coles’ and Woolworths’ loyalty programs

Let's talk about loyalty and why Coles, Woolworths and Australian retailers are doubling down on membership programs.

Beston Global Food’s net loss widens on milk oversupply

The company's revenue fell 4.2 per cent to $81 million.

Oprah to gift her shares in WeightWatchers, quit board role

Winfrey will donate her shares to the National Museum of African American History and Culture and continue to advise.

TasFoods’ net loss lower amid wasabi, milk businesses divestments

The company's revenue increased 4.7 per cent to $74.9 million.

Pure Foods Tasmania reports disappointing revenue despite record demand

Revenue was up only 2 per cent in the wake of record demand for the range of newly released products.

Noumi’s revenue rises on strong plant-based alt-milk, dairy sales

Its plant-based milk revenue increased 6.9 per cent to $87.5 million.
Driscoll's Sweetest Batch strawberries make a comeback this Summer

US food giant Driscoll’s acquires stake in Costa Group

With the acquisition, Driscoll's and Costa Group will collaborate on specific projects to grow the global berry business...

Coles’ revenue rises on higher supermarket, liquor sales

However, post-tax net profit slid 3.6 per cent to $594 million.

Endeavour Group’s net profit drops despite top-line growth

The group said net profit was impacted by higher finance costs and in line with previous guidance.

Bubs’ net loss improves amid higher sales in Australia, US

The company's revenue grew 25.2 per cent to $39.4 million.

New merchandise offering boosts The Reject Shop’s top line

The retailer generated over 1.2 million more customer transactions versus last year.

Bega Cheese’s first-half profit nearly triples

Revenue increased 3 per cent to $1.73 billion.

Woolworths books higher net profit, sales in first half

The supermarket group's sales rose 4.4 per cent to $34.64 billion.

A2 Milk’s net profit rises amid sales growth in China

The company's revenue grew 16.5 per cent in China and other Asian markets but fell 24.1 per cent in ANZ.

Treasury Wine Estates’ net profit declines amid lower sales

The company's net profit fell 11.4 per cent to $166.7 million while revenue stood at $1.28 billion.
Almond feed trial could cull dairy emissions

Australia’s almond industry set for “much better year”

Higher production in Australia, Spain, and Portugal is expected to offset California's potential decline.