Gains across all 11 of the sharemarket’s sectors have helped push the equity benchmark back within just 25 points of this month’s record high. The Sydney boss of the maritime union was held following a protest against an Israeli shipping company; the Australian Grand Prix F1 could become the largest in the world. Frustrated by political interference, business leaders want major parties to rule out a Greens bill this week to bust up Coles and Woolworths .
Small-cap funds hunt for ‘miniature seven’ to rival big tech The Small Ordinaries is edging ahead of its large-cap rival, spurring hopes such stocks can lure back large investors. Here’s where the fund managers are investing
Source: News Formal (newsformal.com)
Coles Woolworths Economic Risk Equity Benchmark Sydney Maritime Union Protest Australian Grand Prix F1 Business Leaders Political Interference Small-Cap Funds Big Tech
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Greens push for powers to break up Coles and Woolworths 'duopoly'The Greens will introduce a bill to parliament that would create powers to force Coles and Woolworths to sell parts of their business if they were found to be misusing their market dominance — an idea also backed by the Nationals.
Source: abcnews - 🏆 5. / 83 Read more »
Supermarket prices: New powers proposed to break up Coles and WoolworthsDespite Anthony Albanese ruling out any move to break up the big grocery chains, the Greens want the competition watchdog to get new divestiture powers.
Source: FinancialReview - 🏆 2. / 90 Read more »
WOW ASX: Calls to break up supermarket chains Coles and Woolworths fall flat with Liberal PartyThe Liberal Party might oppose a Greens and Nationals plan to break up the major grocery retailers.
Source: FinancialReview - 🏆 2. / 90 Read more »
Woolworths, Coles build up lobbyist forces to manage political crisesWoolworths has hired Anthony Albanese’s former chief of staff, while Coles has a specialist well-known in C-suites and Canberra’s corridors of power.
Source: FinancialReview - 🏆 2. / 90 Read more »
Supermarket prices: Coles and Woolworths should have less power over suppliers, businessman David Bellamy saysThe Bellamy’s Organic founder helped lead the fourth-largest baby formula producer in Australia. He says the supermarkets can make or break brands.
Source: FinancialReview - 🏆 2. / 90 Read more »
Where your spend at Coles and Woolworths is really goingThe supermarkets are not profit gouging: less than $3 of every $100 spent goes to profits. Look at the market power of brewers and big tech instead.
Source: FinancialReview - 🏆 2. / 90 Read more »