News
Retail spending has posted its worst quarterly performance since the introduction of the GST 20 years ago, and the risks are it could worsen as Victoria locks down in its fight against the coronavirus.
Business
South Australia’s largest company Santos has reported an 18 per cent drop in second-quarter revenue due to lower realised prices for its oil and gas, but said production from its core assets is expected to remain steady in the near term.
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Treasury Wine Estates shares fell sharply in early trade today after the company reported a 21 per cent fall in earnings for the 2020 financial year.
The latest rebalance of the Australian Securities Exchange’s major indices show a changing of the guard for some of South Australia’s largest publicly-listed companies.
UPDATED: One of the Barossa’s biggest commercial olive groves will be up for auction next week, after going on the market for the first time in 20 years.
Energy company BP says its global workforce will be trimmed by 10,000 jobs as the COVID-19 pandemic slams the oil and gas industry.
