Tyro Doubles Loss In FY20, Blames Coronavirus, Bushfires
/
August 18, 2020
//0 Comment
Retail point-of-sale company Tyro has blamed the bushfires and COVID-19 for a $38 million loss, more than double that of last year,... Read More
NAB: ‘9.5% Drop In Consumer Confidence An Overreaction’
The Westpac-Melbourne Institute Index of Consumer Sentiment fell by 9.5% in August, as Victoria enters Stage 4 restrictions and COVID hotspots pop... Read More
Aussie Dollar Hits Four-Month High
The Australian dollar (AUD) has reached a four-month high, hitting US67.94 cents as of this morning. A number of distributors told ChannelNews... Read More
Will Oz Consumer Confidence Continue To Recover? Up 1% Last Week
Australian consumer confidence has improved for the fourth week in a row, but rose by just 1% last week, according to the... Read More
Banks Prepare For Consumers To Skip Out On Credit Card Payments
Credit card payments are often among the first loans people stop paying during economic crises, as they are usually unsecured. Lenders are... Read More
COVID-19: Australian Consumer Confidence Plunges To Record Low
In the ANZ-Roy Morgan survey conducted on the weekend consumer confidence hit 65.3, the lowest level since the survey commenced in 1973.... Read More
ASX Falls To Two-Month Low
Australia’s sharemarket has felt the impacts of the coronavirus after taking a steep dive at the open. But it wasn’t as bad... Read More
CBA & ANZ Urge RBA To Regulate Afterpay
ANZ Bank and Commonwealth Bank are throwing their support behind the Reserve Bank, saying regulatory action should be taken to enable retailers... Read More
Telstra Results Reveal Profit Drop, Despite T22 Restructuring
Telstra has reported its half year results which it says is ‘in line with guidance and expectations,’ despite a total income revenue... Read More
Optus Results: Decline In Revenue From ‘Intense Competition’
Today Optus has announced its quarterly operating revenues, revealing a decrease in both operating and mobile service revenue, leading a net profit... Read More
