Westpac Banking Corporation, through its BT Funds Management and BT Investment Management divisions, has increased its shareholding in Narta retailer Clive Peeters to over five per cent.
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Skippen resigns as director and CFO of Harvey Norman
After more than 11 years with the company, John Skippen, has resigned as a director, secretary and chief financial officer of Harvey Norman Limited.
Economists tip interest rates to remain steady
A recent poll of market economists has tipped that interest rates are likely to remain steady as the Reserve Bank of Australia (RBA) today left the cash rate at 5.5 per cent for the 13th consecutive month.
Strathfield grabs for franchisee cash
Strathfield Group has confirmed it will franchise up to 62 of its 87 retail stores in a move the retailer hopes will produce between $10 – $17 million in upfront fees and an annual profit of more than $10 million when fully operational.
Thomson to debut Digital Home range at CeBIT Sydney
The Australian subsidiary of Thomson will launch the company’s Digital Home range to the Australian market at the technology show CeBIT (Stand A22) in Sydney May 9-11.
Harvey backed WorldAudio signals administrators
The Gerry Harvey-backed renegade radio network, WorldAudio, has been placed into administration after failing to attract listeners and advertisers.
Sony announces low cost photo lab for independent retailers
Sony Australia today announced a low-cost digital photo printing solution for independent electrical retailers looking to provide consumers with a high quality digital print in 13 seconds.
Fisher & Paykel plans to triple American workforce
Fisher & Paykel has announced plans to at least triple its workforce at its Clyde factory in Ohio, after cutting the ribbon at the official opening of its $US31 million North American operation last week.
Intel presents its future vision with Viiv
Intel Australia has taken its next step beyond wireless Centrino technology to unveil Intel Viiv – a new platform designed to assist digital home convergence and to help drive the content market for digital devices.
Omega Appliances announces brand new relaunch
Omega Appliances, one of the first European cooking brands released on to the Australian market 20 years ago, has announced a brand relaunch which incorporates a new range of over 60 products sourced from Italy.