Workers threatened with weapons as retail crime spikes
Retail workers at Bunnings and Kmart are being threatened by customers more than 1000 times a month, with many incidents involving weapons. Parent company Wesfarmers, which also owns Target and…
Rudd hails Australia’s ‘first-class’ ties with Trump
Riding high from a successful bilateral meeting with United States President Donald Trump, Australia’s ambassador Kevin Rudd has heaped praise on Anthony Albanese for managing the alliance while repairing ties…
‘Eye off the ball’: Woolies lays blame for limp results
Cost-of-living pressures, price cuts and worker strikes have led to “disappointing” earnings for the nation’s largest supermarket chain. Woolworths recorded falling earnings in the 2024/25 financial year, while sales were…
AI Stocks a bubble waiting to pop? | The West Report
Is Wall Street’s AI boom just another ticking time bomb? How about crypto? As investors pour trillions into AI and crypto, veteran finance journalist Michael Pascoe warns that we’re watching…
Jobs for Mates: the Senate strikes back over Government secrecy
The Senate has imposed a penalty on the Government for refusing to be transparent. The Prime Minister is threatening a House response to preserve secrecy. Former senator Rex Patrick reports.…
Coles puts heat on Woolworths with strong sales growth
Coles has kept gaining on Woolworths in the supermarket wars, eclipsing its distracted arch-rival’s quarterly sales growth. Coles Group’s supermarket sales revenue grew twice as fast as that of Woolworths…
Australians lose hope as nation lags on housing targets
No state or territory is on track to meet housing needs over the next five years and Australians lack confidence the crisis will be solved, a national scorecard has found.…
Protests and price drops: mining giant faces challenges
The annual meeting of one of Australia’s biggest mining firms has been interrupted by protesters blaming the company for knowingly contributing to the climate crisis. Whitehaven Coal executives evicted activists…
JB Hi-Fi entering holiday period with ‘good momentum’
JB Hi-Fi has reported solid sales growth at its namesake Australian stores as the retailer prepares for the important end-of-year trading period. Same-store sales at its JB Hi-Fi stores in…
“Dangerous bubble sure to pop”. Wall Street has AI crash in the wings
“Keeping perspective” is Michael Pascoe’s mantra. He writes that AI mania has not just warped perspective, it risks blowing up reality. Over more decades than I care to count of…