Feb 25, 2018 Last Updated 10:02 AM, Feb 23, 2018

New Entry From the Editor :

Australia slips to second place in mining investment attractiveness ratings

Australia slips to second plac…

AusBN - Australia has fallen to second place in the Fraser Institute’...

Wesfarmers reports 87% H1 profit plunge on business write-downs

Wesfarmers reports 87% H1 prof…

AusBN - Wesfarmers (ASX:WES) has reported an 86.6% nose-dive in its H1 net ...

Australian female labour force participation reaches record high

Australian female labour force…

AusBN - Australia’s female labour force participation rate reached a ...

Boxing Day sales likely beat forecasts

Forever 21 in SM Aura BGCAusBN - Boxing Day sales across Australia likely exceeded a A$2.3 billion forecast made by the Australian Retailers Association.

Early reports suggest that sales in New South Wales had been particularly strong thanks to shops being open on the day in more regional areas.

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Woolies expecting 35% drop in profits

WoolworthsAusBN – Supermarket Woolworths has warned investors that its first half profit could be 35% lower than the previous half, mostly due to previously announced investments pulling down margins.

This is in addition to total sales in the 14 weeks to 4 October falling 2.5% to $15.7 billion, including a 1% drop in food and liquor sales.

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