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Finance

Finance Archives

API rejects “opportunistic” $687m Wesfarmers bid

API said Wesfarmers’ offer, which sat at a premium of 18.7 per cent of the three-month volume weighted average price, wa...

Coffee prices surge to seven-year high

Coffee trees are extremely sensitive to frost, which can cause severe damage and even kill trees completely.

NSW declares emergency, recommends supermarket workers get vaccine priority

“There is no doubt that the numbers are not going in the direction we were hoping they would at this stage,” said state ...

Timely tips to get the most from tax deductions

These handy tax-time tips will ensure your business maximises deductions to conserve all-important cash flow.

India’s Reliance Retail to buy Just Dial for $469 million

The deal will help Reliance get access to Just Dial's massive merchant database that spans across the country.

SA trading restrictions prompt calls for “national consistency”

Australian Retailers Association chief executive Paul Zahra said the sudden closure of non-essential retail will be deva...

Naked Wines revenue grows 42 per cent as online booms

Alicia Kennedy, managing director of Naked Wines Australia, said the results grew on an already landmark result the year...

RangeMe opens 200,000 suppliers to Australasian retailers

RangeMe allows businesses to search and filter for products they want to sell, creating a more specific and intentional ...

Lockdown likely to hurt retailers, as customer confidence fluctuates

“While the Australian economy continues to perform well, consumer spending is increasingly taking a back seat as a drive...

Business support payments to start next week as lockdown extended

Businesses that have seen at least a thirty per cent decline in turnover due to the Sydney lockdown are eligible for pay...

HelloFresh to pick up beleaguered Youfoodz

The bid values YouFoodz at approximately $125.3 million and will push HelloFresh into the pre-made meals market.

Food Revolution Group names new CEO, independent director

Food Revolution Group has made some major changes to its management team alongside a new banking deal with NAB.

Sydney braces for extended lockdown amid Covid-19 outbreak

State Premier Gladys Berejiklian said the progress of that figure in coming days would determine whether Sydney's lockdo...

Wesfarmers makes $687 million bid at picking up Priceline

Wesfarmers managing director Rob Scott said the acquisition would also enable the conglomerate to enter the “growing hea...

Going overseas? Here are six export barriers to break through

Businesses who are exporting or about to export need to be surrounded by the right support and partners.

The low-value imported goods tax is being reviewed

The scheme has led to an increased level of compliance among international suppliers.

Amazon Australia will now service New Zealand customers as well

Kiwis have long needed to purchase goods from the US marketplace.

A2 milk taking controlling stake in Mataura Valley Milk

A2 Milk’s NZ$270 million bid has been given the green light by the country’s Overseas Investment Office.

7-Eleven settles franchisee class actions

It’s been a rollercoaster ride since the class actions were mooted back in 2017.

With 3D printed ‘steaks’, Spanish startup eyes the mass market

Novameat plans to sell its "steaks" directly to consumers and to businesses such as restaurants interested in producing ...