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Finance

Finance Archives

Horticulture Award changes now in effect

These changes to the Horticultural Award apply from the first full pay period starting on or after the day the changes t...

Coles boss confident supermarket can stay on top of rising food prices

Chief executive Steven Cain said yesterday the supermarket has consistently stayed below national food price averages, a...

Coles sales surge despite pandemic, floods – but Covid costs $65 million

The company said staff absenteeism related to isolation requirements during the Omicron outbreak led to “availability ch...

Bubs Australia continues to record strong growth

Bubs founder and CEO Kristy Carr said the third quarter saw strong growth on prior year across all key business segments...

Mondelez flags profit hit from Ukraine crisis

Mondelez expects a 3-cent hit to its adjusted per share earnings in 2022 and a $200 million impact on its revenue.

Emperor Champagne plans physical expansion following strong online growth

The Champagne specialist is scouting locations in Sydney and Melbourne for its first physical stores and gearing up for ...

Meat subscription start-up Our Cow tramples $1.5m equity funding goal

The service, which connects Australians directly with farmers, is aiming to use the growing investment to scale up and i...

Endeavour Group sales stable despite impact from floods, Covid

Company estimates the flooding cost it around $9 million in damages and even now several impacted premises have yet to r...

Real Pet Food Company takes over pet supplement startup

People for Pets has developed a range of Australian-made, plant-based, medicinal water treats under the brand Nectar of ...

Healthy Mummy targets growth with new marketplace, wellness platform

The family health business is expanding its operations rapidly with the launch of a family-focused online marketplace, a...

Why Sans Drinks founder Irene Falcone is looking to franchising for growth

Five years after selling off her business Nourished Life, Irene Falcone is looking to franchise out her Sans Drinks bran...

Roma Foods canvases sale options after unsolicited offer

MD Max Buontempo said he believes the company is an "attractive opportunity" for investment or acquisition.

Budget’s $8.6bn cost of living package fails to address retail’s needs

A number of industry players have stated the Government’s cost of living package is welcome, but is too focused on solvi...

L’Occitane buys Australian skincare brand Grown Alchemist

The acquisition is part of L’Occitane’s plan to further broaden its health-conscious beauty portfolio, attracting influe...

Chemist Warehouse takes stake in McPhersons

McPherson's will become an exclusive long-term distributor of a portfolio of health and beauty brands owned or controlle...

How fast-growing retailer GoodnessMe is leading the health food space

In 2020 GoodnessMe launched an online marketplace for health foods. By the end of 2021 the site had grown 600 per cent, ...

High commodity prices boost Aussie farmer confidence

The report reveals that 31 per cent of farmers expect agribusiness conditions to improve, down slightly on the 35 per ce...

Consumer groups call for regulation in “unfettered” BNPL industry

The statement comes as Choice releases new research, which found 30 per cent of Australians have used a BNPL provider in...

NZ’s Fonterra ends India partnership with Future after Covid disruptions

Future said there would be no material impact on it following the termination.

Food crisis grows as spiralling prices spark export bans

The conflict in Ukraine is threatening global grain production.