H&M to expand into regional Australia
H&M to expand into regional Australia Daniel Palmer The Australian 6:45PM June 22, 2016 H&M opening in Sydney in 2015. The group already has nine in operation on the east coast and one in Western Australia just two years after launching with much fanfare in Melbourne. Swedish fashion house H&M is showing no signs of slowing its Australian expansion, declaring plans to reach out to regional areas through the addition of two more stores. The group alrea..>> view originalCBA staff pressured to push products, says Finance Sector Union
Video will begin in 5 seconds. Explainer: Who regulates our banks? Whether it's interest rates, competition, resilience or misconduct, ACCC, APRA, ASIC and the RBA are the lead banking watchdogs. PT1M21S 620 349 Commonwealth Bank staff have raised concerns that performance targets are pushing employees to sell financial products that are not in customers' interests, a Finance Sector Union report says.As the banking industry conducts its own review of conflicted payments for s..>> view originalBarnaby Joyce promises $4.5bn national body to streamline concessional loans
The agriculture minister, Barnaby Joyce, has promised to establish a $4.5bn regional investment bank which would bring together existing rural concessional loans and could include some loans for private projects. The fund would streamline existing concessional loan programs such as concessional drought loans and dairy support loans. But the details – including how the fund would mesh with the states which administer the loan schemes – have yet to be revealed. “This is not such a major leap,” t..>> view originalColes leaves door open to price war
Coles says is cheaper than Woolies, and will stay that way. Picture: Mark BrakeSUPERMARKET giant Coles is trialling its first-ever stand-alone online store — dubbed a “dark store — as it tests the waters ahead of a potential disruption by overseas players such as Amazon Fresh.The global online shopping giant recently announced a launch into the UK market, but has not yet revealed any plans to head down under.But Coles is not taking any chances, with plans to test its first online-only store in M..>> view originalDavid Cameron has no regrets over Brexit poll
David Cameron says the Netherlands and Denmark won't leave the EU just because Britain does. Getty Images by Lionel Barber and George Parker David Cameron does not, according to his closest friends, "do dark nights of the soul". Which is just as well, given that he has put his country's future in the EU, the unity of his Conservative party and his own career on the line in a referendum that he admits will be "very c..>> view originalPremier tight lipped on transport alternatives after dumping MAX Light Rail
Premier tight lipped on transport alternatives after dumping MAX Light Rail Posted June 22, 2016 19:48:39 The Barnett Government is giving no indication if it will commit to major new transport projects at the next state election.Leaked details from the Government's yet-to-be released transport plan outline a range of projects from an inner city subway to an heavy rail tunnel to Morley.The transport plan is due to be released next month, but it has already been slamme..>> view originalKate Hudson's Fabletics and ScootPrice under fire for dodgy membership model
Video will begin in 5 seconds. Do you know your consumer rights? In this video, the ACCC explains what your consumer rights are. PT1M40S 620 349 Consumers are being warned not to fall into "subscription traps" - where online retailers treat a one-off purchase as permission to sign up shoppers as fee-paying members.US activewear retailer Fabletics, co-founded by Hollywood star Kate Hudson, has been forced to improve its disclosure of ongoing membership fees after the Australia..>> view originalWesfarmers a long term wealth creation story
Wesfarmers chief executive Richard Goyder focusing on long term returns. David Rowe That fact that Richard Goyder must launch a defence of the Wesfarmers business model every year at the company's strategy day says a lot about the deeply entrenched short term thinking in the Australian market.Wesfarmers has been an extraordinary wealth creation story over the past 30 years.It has managed to embed a management culture that focuses on the long te..>> view originalH&M, Zara, Uniqlo will regret coming Down Under, warns Target boss
Video will begin in 5 seconds. Wesfarmers looks to the future After spooking investors with asset write-downs and restructuring costs in May, the conglomerate has come out to give reassurance to their shareholders. PT1M44S 620 349 Wesfarmers department store boss Guy Russo warned the global fashion heavyweights a Target turnaround would hurt as he dumped in-store playgrounds and cafes and killed off the mid-year toy sale.He predicted a "clean" Target would crimp sales at the ..>> view originalWA Treasurer to keep pushing for GST change
WA Treasurer to keep pushing for GST change as NSW share drops Posted June 22, 2016 15:44:52 Western Australia Treasurer Mike Nahan hopes a looming drop in New South Wales' share of GST revenue will revive the campaign to change the way the tax is distributed.NSW is set to see a significant drop in its GST revenue, with forecasts that will leave it $10.8 billion worse off over the next four years.The issue for NSW comes as the WA Government continues to campaign for m..>> view original
Wednesday, June 22, 2016
H&M to expand into regional Australia and other top stories.
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