Jan 17, 2018 Last Updated 10:19 AM, Jan 16, 2018

New Entry From the Editor :

Renewable energy bonanza to arrive in Australia – Climate Council

Renewable energy bonanza to ar…

AusBN - The Climate Council has tipped Australia to become the recipient of...

Inland Rail design contracts handed to Mott MacDonald and WSP

Inland Rail design contracts h…

AusBN - A joint venture of international project development consultants Mo...

Australian surfwear brand Billabong bought by US competitor Boardriders

Australian surfwear brand Bill…

AusBN - The board of Australian surfwear retailer Billabong has agreed to b...

Boxing Day sales likely beat forecasts

Forever 21 in SM Aura BGCAusBN - Boxing Day sales across Australia likely exceeded a A$2.3 billion forecast made by the Australian Retailers Association.

Early reports suggest that sales in New South Wales had been particularly strong thanks to shops being open on the day in more regional areas.

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Woolies expecting 35% drop in profits

WoolworthsAusBN – Supermarket Woolworths has warned investors that its first half profit could be 35% lower than the previous half, mostly due to previously announced investments pulling down margins.

This is in addition to total sales in the 14 weeks to 4 October falling 2.5% to $15.7 billion, including a 1% drop in food and liquor sales.

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