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The Australian
 

Good afternoon,

Engineering staff at Qantas will strike on Thursday as CEO Vanessa Hudson juggles repairing the airline’s brand while keeping costs down. 

Helfie AI, which claims to be Australia’s latest billion dollar tech unicorn, has told potential investors it would be among the country’s most profitable private companies in two years.

Billionaire Andrew Forrest has challenged the mining sector to follow his company's lead, after striking a $4bn deal with Liebherr for battery-powered trucks and excavators.

Perry Williams
Business editor
The markets


Commentary
Woolworths, Coles’ legal woes should be a red flag for others
By ROBERT GOTTLIEBSEN
Business Columnist
Today, I will explore how Woolworths and Coles got into the ACCC legal mess and some of the changes that will be required. It may be too late, but Bunnings needs to pay attention.
Latest news
PwC reveals more data breaches
The embattled audit and consulting giant is still investigating 33 allegations of serious misconduct.
By DAVID ROSS
Chemist Warehouse profit soars as merger decision ticks closer
The pharmacy retailer’s profit has jumped by almost 80 per cent as the competition regulator prepares to rule on its merger with Sigma Healthcare.
By CAMERON ENGLAND
Lew shelves Smiggle demerger as Premier sales, earnings weaken
Billionaire Solomon Lew has once again reworked his strategy for Premier Investments, postponing a planned Smiggle demerger as he focuses on selling his retail apparel brands to Myer. But it comes as retail sales slow.
By ELI GREENBLAT
Macquarie Group zapped over energy futures breaches
The banking major was repeatedly warned by the corporate regulator it was allowing clients to manipulate energy prices but failed to act.
By DAVID ROSS