Saturday, August 27, 2016

Boral full-year profit flat at $256m and other top stories.

  • Boral full-year profit flat at $256m

    Shares in Boral have fallen more than four per cent after the building materials maker posted a steady annual profit and forecast a slight improvement in earnings in the year ahead. Boral made a net profit of $256 million in the year to June 30, almost the same as in the previous year. Excluding one-off items related to its gypsum joint venture with USG, profit rose eight per cent to $268 million. The company expects a slight improvement in earnings in the 2016/17 year on the back of a strong h..
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  • NSW Fair Trading reveals the most complained about businesses in NSW for July

    NSW Fair Trading reveals the most complained about businesses in NSW for July
    LJ Hooker, Harvey Norman and AirAsia have been revealed as the most complained about NSW businesses in July. More Property Videos Previous slide Next slide LJ Hooker branches shut over missing client money Moving to an island Tips for first-home buyers Tower of Power opening delayed Games village taking shape Serious about the Sirius Birchgrove beauty attracts a crowd Live auction: 27 Augusta Street, ..
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  • Competition benefits as Woolies buries $3 billion Masters mess

    Competition benefits as Woolies buries $3 billion Masters mess
    Bunnings manaqing director John Gillam and Metcash CEO Ian Morrice win from death of Masters. David Rowe It is ironic that the only time Bunnings managing director John Gillam expressed concern about the threat posed to his business from the Masters Home Improvement chain was on the day it was killed off by Woolworths.Gillam was fresh from revealing an 11.6 per cent increase in Bunnings annual profit to $1.2 billion when he told analysts he was..
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  • Richard White tips WiseTech's high growth to continue for at least 10 years

    Richard White tips WiseTech's high growth to continue for at least 10 years
    WiseTech Global chief executive Richard White says the business still has at least a decade of high growth. Jessica Hromas The chief executive of newly-listed software logistics business WiseTech Global, Richard White, says the company can continue expanding at its current high growth rate for at least the next 10 years, if not 20."It's about our five pillars of growth – innovation, existing customers, new customers, stimulating network effects..
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  • Scott Morrison's warning on tax divide

    Scott Morrison's warning on tax divide
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  • Yet more smoke and mirrors in Murray Goulburn "profit"

    Yet more smoke and mirrors in Murray Goulburn
    Murray Goulburn still profitable, but just tell that to its farmers. Joe Armao By all accounts, the market's bloodthirst was vaguely sated by Murray Goulburn's excuses at its full-year results on Wednesday morning. Lord knows why.What a telling set of numbers, riddled with euphemism, folly and ill-discipline. After five years of Gary Helou's belligerent expansion mantra, the only growth we could see was in controllable costs (except, ironically..
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  • Defence inertia is damaging our national security

    Defence inertia is damaging our national security
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  • Transport projects help boost building spend

    Transport projects help boost building spend
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  • Bank branches go missing as tap-and-pay apps take off

    Bank branches go missing as tap-and-pay apps take off
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  • Workplaces that consider themselves meritocracies 'often hide gender biases'

    Workplaces that consider themselves meritocracies 'often hide gender biases'
    Workplaces need to re-examine and challenge what merit-based positions actually mean, according to an Australian report which says meritocracies sometimes hide gender biases and protect a male-dominated status quo. The report from Chief Executive Women and Male Champions of Change cited research which found that the more an organisation described itself as a meritocracy, the greater the bias from managers towards men over equally qualified women. Women start out as ambitious as men but it ..
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