Adam Schwab: How Freelancer went from giddy heights to consistent poor performer
There have been few companies in the past decade that have underperformed expectations as much as Matt Barrie’s Freelancer, writes Adam Schwab.
With timber and steel prices skyrocketing, construction costs are surging out of control
There is no indication timber prices will go down again, as they did in 2020. As for steel, 2013 was the last time there was a significant price reduction.
Retail sales growth up 5.5% this year, as inflation sets in
Australian retail sales are on the rise — but new research suggests growth is being driven by inflation, not by consumers buying more.
RBA hikes cash rate to 2.35%, marking a record five months in a row of increases
The Reserve Bank of Australia has declared it will increase the cash rate target for a fifth time by 50 basis points to 2.35%, following its monthly meeting this afternoon.
ASIC lays criminal charges against accounting firm for failing to comply with audit standards
ASIC has alleged that Grant Thornton Audit Pty Ltd and former Grant Thornton director Bradley Taylor did not conduct a 2018 audit in accordance with legally back-auditing standards.
Qantas’s tough times are likely to continue, with a return to normal service and profitability a world away
As domestic and international travel picks up, Qantas is struggling to keep up, and there's no quick or easy fix.
Small businesses brace for cost increases as fuel excise reduction nears its end
The Albanese government has decided to put an end to the six-month fuel excise reduction which will see the price of petrol go up by 25 cents a litre.
Working from home isn’t tanking the economy, no matter what the ‘back to work’ brigade have to say
Should workers be forced back into the office so they'll spend more money on CBD businesses? If so, what happens to the businesses where they're spending now?
Adam Schwab: How Redbubble’s share price burst in 18 months
While Redbubble investors have seen the value of their shareholdings plummet, one canny investor managed to sell millions of dollars of Redbubble shares for more than five times its current price.
Bega, RM Williams and now David Jones? ‘Twiggy’ Forrest in rumours to purchase the retail icon
A number of interested firms have entered talks to purchase David Jones, rumoured among them is 'Twiggy' Forrest's private investment arm
Government to push ahead with multi-employer bargaining, changes to BOOT
The government will bring in early legislation for multi-employer bargaining this year, along with a range of other changes to the industrial relations system.
Increased migration will do little to address skills shortages. Instead it will push up house prices
The only benefit from increasing migration, as is likely to happen as a result of the Jobs and Skills Summit, will flow to homeowners and property developers.
