Woolworths (ASX:WOW) fell even further behind rival Coles in the third quarter, as sales growth in it revenue and profit centre – Australian food (its supermarkets) slowed to 1.5%, less than a third of the sales growth rival Coles reported from its supermarkets reported on Tuesday. The country’s largest supermarket chain said total group sales […]
Woolworths sales slows Read More »
As forecast by most analysts, it was a “steady as she goes” outcome for the National Australia Bank’s (ASX:NAB) 2023-24 half-year, with shareholders to receive a small lift in their interim payout and a larger buyback, despite a well-anticipated dip in earnings. The bank reported a 12.8% fall in first-half cash profit to $3.55 billion,
NAB reports steady results Read More »
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices. Key points:CoreLogic data showed national average home prices rose another 0.6% in April, the same as in February and March.Average monthly price gains are well down from their highs around May last year as high rates and poor sentiment impact,
