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Retail arms underpin Wesfarmers’ solid interim numbers

The West Australian conglomerate bucked weaker consumer sentiment in the first half of the 2025 financial year to notch a $1.5 billion after-tax profit. For shareholders, there was a 4.4 per cent lift in the fully franked payout to 95 cents.

Jamie Nemtsas | 19th Mar 2025 | More
Longevity is ‘changing’ people’s expectations about retirement

People’s goals after full-time work ends vary greatly. The challenge for super funds and advisers is to acknowledge these differing ambitions and find the financial and emotional solutions to meet them.

Nicholas Way | 3rd Jul 2024 | More
Optus tops least-trusted-brands list as scandals prove sticky

Lingering distrust over last year’s data breach made Optus the most distrusted brand in Australia in the year through June and confirmed falling trust for telecoms, while retailers Woolworths and Coles again topped the most-trusted list.

Lisa Uhlman | 23rd Aug 2023 | More
  • ASX shares update; market flat for the week, positive lead from the US, manufacturing recovering

    Market flat for the week, positive lead from the US, manufacturing recovering The ASX 200 finished 0.2% lower for the week, down just 0.1% on Friday, despite a strong US lead. Suncorp Group Ltd (ASX:SUN) was the highlight, beating expectations despite reporting a 33% fall in profit and finishing up 11% for the day. Over…

    Drew Meredith | 24th Aug 2020 | More
    ASX shares morning update; market to open strongly as tech rally continues

    Retailers at all-time highs, market to open strongly as tech rally continues The ASX 200 (ASX:XJO) fell another 0.8% today, as weaker than expected earnings result and more pessimistic view from the US Federal Reserve impacted sentiment. Most weakness came from the healthcare and financial sectors, representing a substantial portion of the market, however, the…

    Drew Meredith | 21st Aug 2020 | More