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🦘 Woolies CEO Steps Down, Westfield Sales Hit A New Record, Fast Fashion Industry Put on Blast

🦘 Woolies CEO Steps Down, Westfield Sales Hit A New Record, Fast Fashion Industry Put on Blast

Brad Banducci, the man at the helm of Woolworths for over eight years, is hanging up his CEO hat this September. This announcement comes right after a fiery moment on ABC's Four Corners, where Banducci's temper flared over grocery market concentration remarks.

🦘 Albo Cracks Down on Coles and Woolies, House vs Apartment Price Race Continues, SA Makes Housing More Accessble

🦘 Albo Cracks Down on Coles and Woolies, House vs Apartment Price Race Continues, SA Makes Housing More Accessble

Prime Minister Anthony Albanese is putting Coles and Woolworths on blast, signaling a readiness to intervene if they don't address public outcry over soaring prices.

🦘 Westpac's Sunny Outlook, Seven Group's Ambitious Moves and Lendlease Hits A Rough Patch

🦘 Westpac's Sunny Outlook, Seven Group's Ambitious Moves and Lendlease Hits A Rough Patch

Peter King, Westpac's chief, paints an upbeat picture for Australia's economy, despite a nudge in home loan delinquencies. With a first-quarter profit of $1.5 billion, King is optimistic about the resilience of the economy.

🦘 RBA Caught Skipping Their Homework, CBA's Victory Parade Spoiled, & Aussie Economy's $1 Billion Standstill

🦘 RBA Caught Skipping Their Homework, CBA's Victory Parade Spoiled, & Aussie Economy's $1 Billion Standstill

In a move that's got some folks raising their eyebrows, the RBA decided to take a backseat and not dive into its own analysis of how the stage 3 tax cuts might pump up inflation.

🦘 CBA Predicts A Slow Start To 2024, The Treasurer Warns Mortgage Holders & Kmart Keeps Prices Low

🦘 CBA Predicts A Slow Start To 2024, The Treasurer Warns Mortgage Holders & Kmart Keeps Prices Low

As 2024 unfolds, Australia's economic climate is expected to feel a bit frosty, with growth cooling down before it can warm up again, courtesy of anticipated tax cuts, softer interest rates, and a thaw in inflation rates.

🦘 Potential For Full Employment Ahead, US Inflation Dampens The Economy, CBA Profits Take A Hit

🦘 Potential For Full Employment Ahead, US Inflation Dampens The Economy, CBA Profits Take A Hit

In a striking revelation, Treasury Secretary Steven Kennedy has spotlighted a golden opportunity for Australia to sustain full employment, a milestone not seen in decades. Amidst a backdrop of economic recalibration, this potential breakthrough promises to revolutionize lives, particularly for the less fortunate.

🦘 Consumer Confidence Shoots Up, ANZ Cuts Jobs and a $2 Billion Scandal at the ATO

🦘 Consumer Confidence Shoots Up, ANZ Cuts Jobs and a $2 Billion Scandal at the ATO

Australian consumer sentiment has skyrocketed to a 20-month zenith this February, igniting hopes as inflation's grip loosens, hinting that the interest rate hikes may have hit their ceiling.

🦘 Greens Vs Labor Housing Showdown

🦘 Greens Vs Labor Housing Showdown

The Greens are holding Labor's $329m Help to Buy scheme captive, challenging the government to overhaul Australia's negative gearing laws. With the Coalition's opposition echoing from the sidelines, the Greens' support becomes pivotal for Labor to fulfill a crucial election pledge.

🦘 The Average Aussie's Tap n Go Surcharge Spending

🦘 The Average Aussie's Tap n Go Surcharge Spending

Australians are paying a hefty price for the convenience of tap-and-go payments, with new findings from Canstar revealing a collective annual cost of $4 billion in surcharges.

🦘 Getting Closer To The 'Right To Disconnect'

🦘 Getting Closer To The 'Right To Disconnect'

In a significant move for Australian workers, the "closing loopholes" bill, aimed at reforming labor laws, is on the brink of passing through Parliament, bolstered by crossbench support and a pivotal amendment from the Greens establishing the right to disconnect.

🦘 Big Businesses Exposed For High Prices

🦘 Big Businesses Exposed For High Prices

Allan Fels, former ACCC chair, has delivered a stinging report, setting the stage for a potential shake-up in how Australia deals with price gouging.

🦘 RBA Stays Put But Remains Cautious About Inflation

🦘 RBA Stays Put But Remains Cautious About Inflation

The RBA has decided to keep the cash rate steady at 4.35%, signaling a cautious start to the year.

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