Jessica Stanic

Wesfarmers Ltd has posted a 44 percent rise in annual profit, off the back of strong sales from the company’s Coles division.

Qantas plans to embark on a major cost cutting scheme, after reporting a 90 percent plunge in profits.

Former chief executive of James Hardie, Peter Macdonald has been banned from managing a company for 15 years and fines $350,000 for breaching the Corporations Act.

A slump in the property market has seen the profits of developer Lend Lease decline, posting an annual after-tax loss of $654 million.

The Australian Institute of Employment Rights (AIER) is today launching a workplace ‘how-to guide’ for Australian employers, following its submission to Federal Government this week calling for national best-practice guidelines for workplace culture and employment rights to be established.

The Rudd Government’s small business support line is set to cost taxpayers $10 million over two years and has almost no value to small business, claims Shadow Small Business Minister Steven Ciobo.

The Frankston franchise of promotional business EmbroidMe this week announced their two global wins at the United Franchise Group (UFG) trade show: Mentor of the Year and the EmbroidMe International Top Quality Award.

Telstra has been fined by the Australian Communications and Media Authority (ACMA) after ones of its call centres contacted people on the Do Not Call Register.

The ACCC has instituted proceedings against Allphones for breaching court orders.

Alchemy Innovation Development, in association with the NSW Department of State and Regional Development (DSRD), is calling on NSW-based SMEs to participate in the Stepping Up – Preparation for an Equity Capital Raising program.