Business World

Drone Strikes on Saudi Arabia Cause Surge in Oil Prices

On Saturday the 14th of September, the world’s largest oil-processing plant Abqaiq and the Khurais oilfield in Saudi Arabia were attacked by a fleet of ten drones, starting fires that have since halved the output of the world’s largest exporter of oil. The immediate impact, according to Aramco, is a loss of five million barrels …

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Nine CEO Sells 700,000 Shares

Hugh Marks, CEO of Nine Entertainment has disposed of 700,000 ordinary shares worth $1.39 million in the media company, citing “personal tax obligations arising from previous share issues”. Marks, who took the top position in 2015, sold off the shares between September 2-6, according to a statement to the ASX, for values between $1.9504 and …

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Myer – Fighting Back

Australian retail giant, Myer, have delivered their first underlying net profit in nine years after slashing costs, cutting back on discounting and the growing sales of high-margin, boutique labels. Although Myer experienced a loss of $8 million in the second half, the retailer was able to record an underlying profit of $33.19 million, rising 2.2 …

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Workplace Luxury in Australia

During recent times, employers have increasingly begun to utilise workplace design to positively influence the wellbeing of their employees, whilst simultaneously providing productivity and reinforcing company values. Kodari magazine has compiled a list of luxurious workplaces in Australia that ensure staff are being looked after as though they are staying in a high-end resort. PDG …

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Business Women Putting Their Best Foot Forward

In today’s society, entrepreneurs and influencers are emerging daily. They are driven and determined, and consistently produce impeccable work. There are numerous household names that have succeeded in the self-made business world. While the debate on equality is ongoing there are some phenomenal Australian business women nailing it in the industry, reinforcing their mark in …

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Coke Cola Debate

Coke Zero Booted For Coke No Sugar – War On Sugar

The soft drink megabrand Coca-Cola announced in June last year that its Coke Zero product would be phased out, and as of September 2018 will no longer be available for purchase in stores. The decision, according to Coca-Cola Australia’s Marketing Director Lucie Austin was underpinned by overwhelming market research that showcased people greatly preferred both …

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The Formula Of A Trade War

Much fire and fury surround the Australian baby formula industry today, with Chinese shoppers clearing the supermarket shelves in hopes of turning around a huge profit reselling into the Asian market; a venture perhaps mirroring their own ‘art of the deal’. Demand is far outstripping supply, and with Australian companies looking to directly export their …

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