“Good outcome”: Noni B owner reaches agreement to reopen Westfield stores
Westfield and Noni B owner Mosaic Brands have reached an agreement to reopen stores forcibly closed several weeks ago amid the pandemic.
Frydenberg derides “litany of failures” as Victorian businesses remain reliant on JobKeeper
More Victorian businesses will rely on JobKeeper 2.0 than every other state combined, according to Treasury analysis.
Businesses sue Victorian government over botched hotel quarantine program
A botched hotel quarantine program will be the subject of a class-action lawsuit against the Victorian government, claiming businesses are due compensation.
Are stores worth what they used to be? Lew, Mosaic and Westfield lock horns on the future of rents
As Mosaic, Solomon Lew and Westfield fight over the future of shopping centres, we ask whether the humble retail store is worth what it used to be.
Prospa attributes $19.5 million earnings loss to “unprecedented challenges” as big banks lean into online lending
Prospa attributes $19.5 million earnings loss on "unprecedented challenges" as big banks lean into online lending.
Flight Centre mulls big changes after COVID-19 drives $662 million loss
Flight Centre has booked an eye-watering full-year loss of $662 million on the back of the COVID-19 pandemic.
More than a third of SMEs worried about paying bills: ABS
Paying bills is front of mind for many SMEs moving into the fourth quarter, with more than a third worried they'll be unable to keep up.
Andrews tight-lipped on business restrictions as mayor warns on “severe” economic impact
Victoria's stage four business restrictions are due to expire in a bit over two weeks, but government remains tight-lipped on what's next.
Second-hand economy reaches $46 billion as COVID-19 drives interest in pre-loved bargains
The second-hand economy is booming, and there are $21 billion more reasons to look into pre-loved than there were a decade ago.
Afterpay adds 23,000 new merchants: Four things we learnt from the buy-now-pay-later giant’s results
Afterpay unveiled a multibillion-dollar increase in underlying sales, adding an average of 17,300 new customers each day over FY2020.
Should bosses spy on workers? How businesses can solve the COVID-19 productivity puzzle
Monitoring software is on the rise, but experts say those looking for a tool to solve their productivity problems will be disappointed.
Westfield owner grants rent reductions to 1,624 SMEs under landlord bargaining code
Westfield has reached agreements with SME tenants about rent reductions, although larger chains are still at loggerheads with the landlord.
