Business
Companies
Bunnings working to keep things simple as tech pays dividends
The boss of DIY giant Bunnings says the company’s push to simplify its back office should translate to a better experience for customers seeking bargains.
- by Emma Koehn
Latest
Office and retail sales deals the lowest for a decade
Over the past three months alone, the rate of sales across all sectors of office, industrial and retail assets collapsed by 61 per cent.
- by Carolyn Cummins
Fortis to open $140m RH Gallery in Double Bay
Fortis is adding to its Double Bay portfolio with the development of the first flagship RH luxury gallery in an effort to enhance the vibrancy of the precinct and attract further luxury brands and operators to the area.
- by Carolyn Cummins
Chasing copper: Rio Tinto says steel production in China at saturation point
The mining giant says growth in iron ore demand will come from India and other countries in Asia.
- by Simon Johanson
Australian skincare brand Bondi Sands sold to $26b Japanese giant
In a deal estimated to be worth more than $400 million, self-tanning brand Bondi Sands is the latest Australian business to be sold to an international conglomerate.
- by Jessica Yun
Birkenstock got a Barbie bounce. It now has its eyes on a $12b Wall Street listing
The iconic footwear maker is riding high after Margot Robbie donned a pair of Birkenstocks in one scene in the hit movie.
- by Swetha Gopinath, Eyk Henning and Ruth David
The bubble burst on its biggest rival, but SodaStream says it’s still growing
Despite SodaKING entering administration and the broader slowdown in consumer spending, SodaStream’s global boss says sales in Australia are increasing.
- by Jessica Yun
Department stores take hit from national belt-tightening
Living costs are making trading conditions tough, but the boss of DJs hopes the consumer outlook will lighten.
- by Emma Koehn
Foxtel aims to disrupt with ‘Project Magneto’ in quest to translate users into profits
Exuberance in terms of subscription numbers passed a long time ago, says Foxtel CEO Patrick Delany ahead of the launch of its new streaming aggregation product.
- by Calum Jaspan
Exclusive
Media & marketing
Streaming subscriptions grow despite surge in cancellations
Australians cancelled 1.25 million video-on-demand accounts between April and June, up 100,000 on the previous quarter, but 1.6 million new subscriptions were taken out in the period.
- by Calum Jaspan
Sun sets on media start-up News.net
The website for ambitious start-up News.net quietly went offline this month, after its final remaining licensing contract with Australian Associated Press was terminated.
- by Calum Jaspan