A joint letter from seven of Australia’s top chief executives urges Victorian Premier Daniel Andrews to move faster to open the state economy.
Australia faces a make or break federal budget as the Morrison government seeks to reboot an economy savaged by COVID-19,says Pact chairman Raphael Geminder.
The beverages giant,which manufactures Mount Franklin and Pump,is alarmed at the quarry's potential to pollute its pristine water source.
The coronavirus crisis has not only drastically changed how we live,it has also changed how we shop. But what changes are here to stay?
Drinks giant Coca-Cola Amatil has swung to an $8.7 million net loss for the June half as pub and restaurant closures hit its sales.
Coca-Cola Amatil has flagged impairments of up to $190 million in its June half results,and warned that volumes dropped about 23 per cent in the June quarter.
The leader of a business working group on the economic recovery and Coca-Cola boss Alison Watkins says money for infrastructure projects should be spent wisely to attract long-term investment from companies.
A full month of lockdowns has severely disrupted what are traditionally peak trading periods of Easter,Anzac Day and Ramadan for the drinks giant.
The savings will come from a range of measures including recruitment freezes,reduced marketing expenditure,reduced discretionary spending and a significant reduction in incentives.
Drinks giant boss Alison Watkins has swapped her North Sydney corporate office for the corner of a pool room on her farm in country Victoria.
Drinks giant Coca-Cola Amatil has become the latest corporation to pull its earnings guidance because of the hit from the coronavirus.