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The Australian
 

Good afternoon,

Country Road Group has directed staff to refrain from commenting to the press about the sexual harassment and bullying allegations that have engulfed the retailer, saying the media storm around the retailer is “unsettling”.

NSW is edging towards a record year of business failures as a two-speed economic slowdown driven by poor consumer spending, interest rate and inflation pressures spell mixed 

The prudential watchdog has slapped additional licence conditions on Mercer Super after the $70bn fund admitted “significant” risk and compliance breaches.

Perry Williams
Business editor
The markets


Commentary
Finally, some good gas news out of Victoria
By ROBERT GOTTLIEBSEN
Business Columnist
Clear signs are emerging of new policies covering gas and infrastructure out of Victoria. If pursued, the state will not require a ratings downgrade because its riches will be tapp...
Latest news
Country Road fast tracks probe, staff told to stay quiet
Country Road Group has fast tracked an external investigation of sexual harassment claims and told staff not to talk to media as it deals with the fallout from the ‘unsettling’ scandal.
By ELI GREENBLAT
State vs State: NSW nearing record year for insolvencies
Australia’s most populous state is racing towards a record year for business failures as the nation endures a two-speed economic slowdown which is seeing companies perform better elsewhere.
By MATT BELL
Telstra shares in the buy zone but expectations dialled back
Telstra’s dividend yield has started to hit the historic buy zone but it’s hard to see much of a recovery for what has probably been the worst large-cap buy recommendation by analysts this year.
By DAVID ROGERS
‘You don’t go from horse and buggy to a Tesla’: Comyn
CBA boss Matt Comyn says AI will reshape the workforce over the medium and longer term, but has downplayed its near-term benefits for the lender.
By CLIONA O’DOWD
APRA slaps Mercer Super over ‘significant’ breaches
The prudential regulator has imposed additional licence conditions on the super trustee after identifying risk and compliance failures.
By CLIONA O’DOWD