WESFARMERS is scaling back its struggling Target business, confirming it will cut the size or number of stores in the chain to achieve a 20 per cent overall reduction. While not singling out specific stores, apart from Highpoint in suburban…
The NSW government will invest $12 million in facial matching services in next month’s state budget. The funding will fall to the NSW Police Force for participation in… Read more at: https://www.itnews.com.au/news/nsw-govt-invests-12m-in-facial-matching-services-492113
The Turnbull government’s personal income tax cuts have passed their first hurdle. The opposition backed a new low and middle-income tax offset that would provide $530 relief each year and the lifting of the… Read more at: https://www.sbs.com.au/news/lowy-at-peace-with-westfield-takeover
Australian shares fell for a second session this week led lower by Westpac, CSL and Treasury Wine stocks. The S&P/ASX fell 12.6 points, or 0.2 per cent, to 6094.3, as Westpac wiped… Read more at: https://www.smh.com.au/business/asx-closes-lower-as-
Picture this: a top law firm and a university law school form a commercial joint venture to provide undergraduate and postgraduate law degrees. Each has equity in the new company. A mix of university lecturers and law firm staff teach…
Amazon announces a fulfillment centre at Moorebank, South West Sydney, to open in second half of 2018 The US-based retailer is recruiting for a range of roles including operations, support and technical specialists. The 43,000 square metre facility is…
Carmaker Ford has been fined $10m after it wasted the time and money of thousands of customers who bought vehicles with faulty gearboxes. It is the equal-largest penalty ever for a… Read more at: https://www.theguardian.com/business/2018/apr/26/ford-fined-10m-for-mishandling-faulty-vehicle-complaints
Trials new range of options. Australia Post is set to allow customers to pay bills via “third party payment apps”, self-service kiosks and potentially smart home devices. The company quietly revealed this month a plan to… Read more at:…
Small businesses across South Australia can look forward to tax cuts from 2019, with a Liberal government plan to slash payroll tax now almost certain to pass state parliament. Opposition Leader Peter Malinauskas has indicated Labor is willing to work…
estpac chief executive Brian Hartzer has suggested mortgage brokers could charge customers directly, rather than receiving commission-based payments from banks, as the royal commission focuses on problems with remuneration. Mr Hartzer also acknowledged the royal commission would force banks including…