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Westfield loss improves to $458m

WESTFIELD Group has reported an improved full year loss of $458 million as the shopping centre owner was hit by lower property valuations.

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Coca Cola Amatil sees record result

COCA-COLA Amatil has delivered a 16.4 per cent rise in full year net profit, and says it expects earnings growth "in the high single digits" in early 2010.

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Reject Shop posts 22% profit rise

DISCOUNT variety retailer The Reject Shop says it will double its outlet capacity by July after upgrading its full year profit guidance.

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Qantas expects a $120m profit

QANTAS is expected post a pre-tax profit for the first half of 2009/10 after passenger numbers grew and yields recovered in the aftermath of the recession.

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French wine exports plunge

FRENCH wine exports plunged by almost a fifth in 2009, reverting back to the same level as a decade ago, business association Ubifrance said on Wednesday.

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Riverboat business booms

THE official opening of the Nambucca Visitor Information Centre Wharf marks more than three months of booming business for a Nambucca River cruise company.

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Airfares will have to rise: Qantas

QANTAS Airways Ltd chief executive Alan Joyce says it is inevitable airfares will have to increase in 2010 from "unprecedented low levels".

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RBA talks up Australia's outlook

THE central bank says the outlook for the Australian economy over the next few years is positive, as the nation continues to benefit from high commodity prices.

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Nestle posts big drop in profit

NESTLE has posted a 42 per cent drop in annual net profit in 2009 to 10.4 billion Swiss francs ($A10.72 billion) largely in line with analysts' expectations.

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Worried Toyota dealers take action

WITH Toyota waging an advertising battle to protect its name after the recall of 8.5 million cars, many of its dealers are taking matters into their own hands.

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Caltex books $203m profit

AUSTRALIA'S largest listed oil refiner Caltex Australia Ltd made a $203 million profit in calendar 2009, the higher end of expectations.

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New motor vehicle sales fall 3.4%

VEHICLE sales fell by 3.4 per cent in January, as the federal government's 50 per cent tax break on business investment in December ended.

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Should you dump your bad clients?

IF you're in business in Australia, then it's almost a forgone conclusion that you have at least one or two bad clients on your books.

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APN, Fairfax in online partnership

APN and Fairfax have signed a deal that will combine Fairfax’s online ads with the classified sections of 90 regional daily newspapers in Qld and northern NSW.

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The Yanks are coming

A SmartCompany investigation into the influx of US-based companies targeting the Australian market has revealed at least eight brands set to arrive in 2010.

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Marlow Timbers goes under

TUESDAY David Marlow said goodbye to his extended family – the staff at Marlow Timbers – as he placed the business into voluntary administration.

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Virgin Blue returns to profitability

VIRGIN Blue returned to profitability in the first half of 2009/10, maintained its annual earnings guidance and continued to see pressure on domestic yields.

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Storm clients target other banks

MAJOR banks are working to settle disputes with former clients of Storm Financial following a landmark deal between the Commonwealth Bank and investors.

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Domino’s Pizza iPhone app a winner

LISTED franchisors Domino's Pizza has laid claim to having Australia's most successful iPhone apps released by a business.

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Pacific Brands to cut more jobs

PACIFIC Brands Ltd expects earnings growth to return in 2010/11 and will close its tenth factory next month, taking total job losses to 3,000.

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