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Finance

Finance Archives

Eftpos, BPAY and NPP merger approved by ACCC

ACCC chair Rod Sims said, in general, the three businesses do not compete with one another and that the amalgamation wou...

Calabria family launches new wine group after doubling portfolio

New Calabria Family Wine Group follows the purchase of McWilliam’s Wines, Hanwood Winery, Deakin Estate, and La La Land ...

Woolies sells stake in Marley Spoon

Woolworths believes Marley Spoon no longer fits within its investment portfolio, and has sold its stake for $54 million.

Woolworths, Wesfarmers rank high in modern slavery reporting investigation

A number of retailers have been analysed as part of a wide investigation into the quality of information given up in the...

Irish grocery importer mulls physical stores as demand soars

An online store shipping hampers of Irish products to the diaspora in Australia has proven so successful the founders ar...

Pernod confident on sales momentum as US, China lift profits

French spirits maker Pernod Ricard said it was confident its sales momentum would continue this year.

AusPost lands record revenue, commits to delivering perishables long-term

Australia Post delivered record revenue in FY21 driven by increase e-commerce growth in the retail sector, hitting $8.27...

How B2B finance options are boosting cash flow across the supply chain

In this article, we look at the different B2B financing options available and how they are transforming B2B payments and...

‘Severe demand shock’ clips Bubs’ wings, but the future looks bright

Fourth-quarter sales figures – and growing export demand – show the worst is now behind the Australian company.

Liquor Loot draws fresh expansion funding as sales treble

The new funding round was led by Tony Gandel from Gandel Investments, and Koala founder Dany Milham.

Small business jobs and sales plummet on the back of lockdowns

The Index, produced in partnership with Accenture and part of the Xero Small Business Insights program, reports that ove...

Freedom Foods mulls seafood future after surging milk sales restore profit

The dairy and plant-based food and beverage company reported strong sales growth from continuing operations for the June...

BWX takes controlling stake in Go-To Skincare, as profit soars

Listed beauty and wellness business BWX is to take a 50.1-per-cent stake in omnichannel skin care brand Go-To for $89 mi...

Wesfarmers results jump as Bunnings, Kmart and Officeworks boom

Wesfarmers has joined in the parade of businesses reaping the rewards of a strong year of trade, despite ongoing movemen...

RFG “cautiously optimistic” for business in 2022

Despite a year of lockdowns and trading restrictions, RFG’s same store sales grew 3.2 per cent from FY20.