Travel agency Flight Centre will close up to 100 stores and has scrapped its earnings guidance due to the coronavirus outbreak. The company said on Friday that the stores will close before June 30, and sales staff will transfer to other stores, as part of moves to slash costs. Flight Centre brands include Escape Travel and...
Category: Business
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European stocks suffer worst day in history as coronavirus panic grows
European stocks had their worst day in history Thursday as fears mounted over economic fallout from the novel coronavirus and measures taken by the European Central Bank to cushion the blow from the crisis failed to impress investors. The ECB said it would ramp up bond purchases to help support the economy, joining policymakers around...
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PM ‘angry’ as Holden quits Australia
The prime minister is angry that General Motors took billions of dollars in government subsidies only to let the Holden brand die and then walk away from the Australian market. General Motors on Monday announced it was retiring the Holden brand from sales in Australia and New Zealand after the company ceased local manufacturing in...
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Aussie dollar hits lowest level since ’09
The Australian dollar is down nearly 6.0 per cent since the start of the year and hitting decade lows against its US counterpart, which is bad news for travellers but could be good for the economy. At 1528 AEDT, the Aussie was buying just 66.00 US cents, the least since during the global financial crisis...
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The Retail Industry’s leading awards event – Todays Winners and Tomorrow’s Leaders
The Joe Berry Award 2020 is coming around again! Entrants have the opportunity to register and submit an essay before Feb 28th, 2020, of which 6 finalists will be selected to present their ideas to a judging panel compiled of Australia’s top retail industry leaders. There has been a great deal of discussion between retailers,...
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Why business owners are choosing new age education platforms over marketing degrees
Online Education Platforms such as Instinct Education’s business accelerator program help entrepreneurs gain laser focus and clarity on the exact steps to take to reach ‘Business Mastery’. They help confused and frustrated entrepreneurs accelerate their business in a matter of weeks. 99% of new business owners are lost, running around chasing the next ‘shiny object’...
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Australian shares shrug off virus concerns
Australian stocks have finished higher for a second day but could not sustain a move above 7,000 as the death toll from the coronavirus outbreak in China neared 500. The benchmark S&P/ASX200 index closed Wednesday up 27.4 points, or 0.39 per cent, at 6,976.1, while the broader All Ordinaries index lifted 33.3 points, or 0.47...
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Restaurant closure: Another Queensland Sizzler to shut doors after 31 years
Rockhampton residents are pushing to keep their town’s Sizzler restaurant open after its parent company announced its closure after 31 years. The central Queensland restaurant will shut its doors on March 1 for the redevelopment of the Stockland Shopping Centre. In the video above: Grandmother of Oatlands crash victims speaks But the buffet diner will...
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Joe Berry Award 2020 Hitting Retailers
It has been awhile since we outlined the Topics for the 2020 Award. No doubt most of you are well underway with your essays and looking at how you can make your work unique and notable. One of the main things to remember is to keep your writing ‘on-track’ and within a reasonably narrow focus....
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Facebook app reveals what the social media giant is doing with your data
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