Atlassian surges on ‘ripper’ $1bn year
Investors have rallied around Aussie tech giant Atlassian after the software provider eclipsed $US1 billion in calendar year revenue for the first time.
Afterpay is booming, but the company has also defended its risk to consumers ahead of an appearance at a Senate inquiry into buy-now-pay-later companies.
Home loan approvals fell by 0.9 per cent in November, and economists say the weakness in the housing market is likely to be felt for some time to come.
Mining mogul Gina Rinehart retains her spot as Australia’s richest person despite Forbes’ reporting her net worth has fallen $US1.8 billion to $US14.8 billion.
Beverage giant Coca-Cola Amatil has signed Pizza Hut to a five-year supply deal for its 285 Australian restaurants.
A surge in first-half revenue from its exclusive, partner, and in-house mobile brand has helped retailer Kogan.com offset plummeting sales from Apple products.
Farm Pride Foods says it expects the factors placing pressure on trading conditions - namely dry weather and oversupply - won’t to let up any time soon.
The European Union ruling in favor of Ireland-based fast-food chain Supermac’s allows other companies as well as McDonald’s to use the “Big Mac” name in the EU.
Worries about house prices, US-China trade tensions, and even the Australian men’s cricket team has pushed consumer confidence 4.7 per cent lower in January.
US container supplier Hoover Ferguson is expanding its range in Australia and New Zealand on the back of the burgeoning trans-Tasman wine and spirits industry.
The investment firm circling for a takeover of The Reject Shop is demanding a clearer picture of the company’s Christmas sales performance.
Retail Food Group says while it may sell assets to whittle down debt, the $100 million price tag media reports slapped on its Crust Pizza empire is too high.
Wesfarmers expects its half yearly earnings for department stores to be between $385-$400M, and is expected to gain at least $2.1B from its Coles spinoff.
The ASX’s 20-point dip on Friday is tipped to be reversed when the market reopens after Wall Street and the Eurozone held firm.
HOLIDAY-MAKERS in Echuca-Moama have been left with a bad taste in their mouth as gastro continues to sweep through caravan and holiday parks along the Murray River.
A search has resumed for former Shepparton mother Felicity Shadbolt, who went missing while bushwalking in Western Australia’s Pilbara region.
The principal of Shepparton’s new ‘‘super school’’ has been appointed.