Coles’ potential Greencross buyout has rattled investors, who fear the pet market has peaked and the deal could distract from its core strategy.
Retail
Alistair Hartley will come on board to help his former boss execute on a fresh program of hotel upgrades as part of her three-year turnaround plan.
The chief executives of Qantas, Wesfarmers and Endeavour Group fronted investors at the Macquarie Australia Conference as another rate hike loomed large.
The supermarket giant said in its quarterly update that its full-year EBIT growth is no longer set to be in the upper end of the guidance range.
Co-founder Mark Coulter is stepping into the role of executive chairman where he will be focused on international expansion and possible acquisitions.
The former heir apparent at Australia’s pre-eminent winemaker says its strategic restructure does not go far enough
