Latest Financial News - Inside FMCG
Coles has continued riding the wave of heightened grocery activity throughout the first quarter of FY21, with group sales revenue growing 10.5 per cent to $9.6 billion.
Meal-kit provider Marley Spoon has launched a fully underwritten $56 million institutional placement, with the proceeds go toward investing in its future growth and invest in the flexibility of its balance sheet.
The 2020-21 budget outlined a monster deficit of $213.7 billion this year, and touts $17.8 billion in tax relief for cash-starved Australians with the intention that this money will be redirected back into the economy.
Wage theft can now land business leaders ten years of jail time, with new laws passing in Queensland Parliament last week seeking to punish those who deliberately steal from their workers.
The latest move of RFG falls under its 18-month restructure and transformation.
Australian dollar increases on Thursday.
Aussie dollar up against the greenback.
Aussie dollar slides on Friday.
Aussie dollar lifts against US counterpart.
Joint report gives guidance on how to navigate financial reports during the pandemic.