ASX slides despite Wall Street rebound

ASX slides despite Wall Street rebound

Rate-sensitive sectors including consumer stocks dragged the local sharemarket lower,despite a US equities rebound overnight following its steep sell-off.

  • byMillie Muroi

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‘Not a supermarket’:Bunnings rejects calls to be included in grocery code

‘Not a supermarket’:Bunnings rejects calls to be included in grocery code

Woolworths and Greenlife Industry Australia have formed an unlikely alliance against the hardware giant,whose managing director says the industry code of conduct is for grocery retailers.

  • byJessica Yun
Big donating companies risk being seen as warriors for the woke

Big donating companies risk being seen as warriors for the woke

Why shouldn’t taking a stand (either way) on the Voice be seen as part of a company’s environmental and social governance responsibility?

  • byElizabeth Knight
Is Kmart fashion? This front row doesn’t care

Is Kmart fashion? This front row doesn’t care

Affordable fashion has infiltrated the runway at a once-prestigious fashion festival – and it’s like a television commercial come to life.

  • byDamien Woolnough
Electric vehicle demand supercharges lithium hopes as new mine opens east of Perth

Electric vehicle demand supercharges lithium hopes as new mine opens east of Perth

Wesfarmers and its Chilean partner SQM are bullish about lithium’s future despite low prices causing current players to curtail growth plans.

  • byPeter Milne
Shoppers will keep flocking to Kmart amid persistent inflation:Wesfarmers CEO

Shoppers will keep flocking to Kmart amid persistent inflation:Wesfarmers CEO

Retail conglomerate Wesfarmers has seen its profits rise in the December half,thanks to shoppers flocking to the discount department store in the cost-of-living crunch.

  • byJessica Yun
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Kwinana residents told to stay in as warehouse fire spreads toxic smoke
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Kwinana residents told to stay in as warehouse fire spreads toxic smoke

Residents in nine suburbs near the Kwinana industrial strip south of Perth were told to remain inside while a fire raged at a fertiliser warehouse on Friday.

  • byPeter Milne
Kmart CEO seeks US expansion for Anko despite bumpy Target rollout

Kmart CEO seeks US expansion for Anko despite bumpy Target rollout

Kmart Australia chief Ian Bailey is hoping to meet US retailers to convince them to stock the popular private label brand on American shelves.

  • byJessica Yun
‘Change is coming’:Bunnings boss says engineered stone ban provides certainty

‘Change is coming’:Bunnings boss says engineered stone ban provides certainty

Bunnings managing director Mike Schneider says state and federal governments have embraced its move to stop selling the deadly material.

  • byJessica Yun
Bunnings to stop selling engineered stone

Bunnings to stop selling engineered stone

The decision is a win for unions and health experts campaigning for a ban on the silicosis-causing material.

  • byAngus Thompson
Private labels fly off shelves at Officeworks ahead of Black Friday sales

Private labels fly off shelves at Officeworks ahead of Black Friday sales

Shoppers are snubbing branded stationery for Officeworks-owned labels that are better value,says chief executive Sarah Hunter.

  • byJessica Yun