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Harvey Norman’s Franchise Profit Sheds $21.92 Million

February 28, 2020

Harvey Norman revenues have dropped 7%, their property value by 44.5% while profits have fallen 4.1%. The poor half year result ending...

Prime Media Warns Of ‘Depressed’ Ad Revenue

February 26, 2020

Camilla Theakstone

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Prime Media has warned that regional advertising revenue will continue to be depressed throughout the 2020 financial year. It comes after the...

Coronavirus Set To Cost Qantas $150 Million

February 20, 2020

Camilla Theakstone

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Iconic Australian airline Qantas has announced it will slash flights across Asia as the coronavirus outbreak continues to damage airlines globally. The...

Kogan Admits Coronavirus Imput Will Hurt Business

February 18, 2020

Camilla Theakstone

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Shares in Kogan has slumped after CEO Ruslan Kogan indicated that his company which relies on house brand imports from China will...

Apple ‘Vulnerable’, Revenue Bitten By Coronavirus

February 18, 2020

Camilla Theakstone

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Apple has become the first tech giant to admit it won’t meet its revenue projections for the current quarter resulting from the...

Optus Results: Decline In Revenue From ‘Intense Competition’

February 13, 2020

Camilla Theakstone

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Today Optus has announced its quarterly operating revenues, revealing a decrease in both operating and mobile service revenue, leading a net profit...

Shopify Sales Jump After Revealing 50% Revenue Boost

February 13, 2020

Camilla Theakstone

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E-commerce platform, Shopify, has reported its fourth-quarter revenue that exceeded analysts’ estimates and provided a strong sales forecast for the year ahead....