Emilia Terzon
Business Reporter at ABC News (Australia)
@abcnews national biz reporter. DMs open or send me story tips [email protected]
Articles
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5 days ago |
abc.net.au | Emilia Terzon |Stephanie Chalmers
Millions of Australian workers will get a 3.5 per cent pay rise from July 1, following the Fair Work Commission's annual review of the minimum wage and award agreements. Inflation is currently at 2.4 per cent annually. While the national minimum wage covers a small proportion of the workforce, about a fifth of all employees in Australia are paid under awards. The FWC ruling was announced today after lobbying from various groups.
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1 week ago |
abc.net.au | Michael Janda |Samuel Yang |Emilia Terzon |Nadia Daly |Adelaide Miller
The Australian share market has finished the day up 0.3% at 8,435 points with an almost even split of winners and losers. Overall, the market had 92 stocks in the red, 11 unchanged and 97 stocks gaining. When looking at the sectors, Utilities finished at the top; up 1.2%, followed by Consumer Non-Cyclicals; up 1%. The Energy sector finished at the bottom; down -1.4%, followed by Industrials; -0.8% and Technology; -0.77%.
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3 weeks ago |
abc.net.au | Emilia Terzon |Adelaide Miller |Stephanie Chalmers
Is there any word on the street about Liontown Resources ? 6th straight day in a row with sizable jumps in share price and yet there is nothing from the company or in the media about it. - BrettThanks for the comment Brett. You're certainly right, Liontown has been making some significant moves recently.
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3 weeks ago |
abc.net.au | Angus Grigg |Elise Potaka |Ben Schneiders |Emilia Terzon
It's hard to get your head around just how big and profitable Bunnings has become, so here are seven numbers that show how quickly it has come to dominate the Australian hardware sector. Bunnings Group is super profitable. It made $18.97 billion in revenue in 2024. That's five times more than its nearest competitor. That delivered the group $3.2 billion in profits before taking out tax, interest and depreciation.
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3 weeks ago |
abc.net.au | Angus Grigg |Emilia Terzon |Elise Potaka |Ben Schneiders
It's the Bunnings slogan everyone's heard — a promise to beat a competitor's price on the same stocked item by 10 per cent. But there's a catch to the hardware giant's famous price guarantee. While Coles and Woolworths have been under intense scrutiny, Bunnings — which has a much higher profit margin than either of them — has mostly escaped attention. With its massive reach, how Bunnings sets prices and competes matters to millions of Australians.
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RT @DaveTaylorNews: Really nice piece from @EmiliaTerzon https://t.co/bchZh5R1oR