Herald Sun Business

Latest news and analysis from the BusinessDaily team at Melbourne's Herald Sun

[Herald Sun Business @HeraldSunBiz]

Buying Lion Dairy and Drinks was literally make or break for #BegaCheese. Now, Barry Irvin must ensure it’s the making of the company, writes Terry McCrann: https://t.co/fMrkdPE0Ub @BegaCheese_ @Dairy_Australia @AusDairyFarmers #ausbiz

[Herald Sun Business @HeraldSunBiz]

Melbourne Airport has won a crucial vote of confidence from its lenders following a bruising year for Victoria’s key aviation hub in the fallout from the coronavirus pandemic: https://t.co/NY6XUqYmp1 @Melair #MelbourneAirport #aviation

[Herald Sun Business @HeraldSunBiz]

Sure as day follows night, share and property prices keep going up, up and up some more. But are we all being led up the garden path, asks Terry McCrann: https://t.co/ghG7tgheUh #asx @RBAInfo #ausbiz

[Herald Sun Business @HeraldSunBiz]

Will an increase in the rate of compulsory superannuation payments cost jobs? Or would a failure to increase it cost jobs and wages? Terry McCrann looks at the politics behind the debate: https://t.co/z24oHJccBM #superannuation #auspol #ausecon

[Herald Sun Business @HeraldSunBiz]

For years, booming population growth underpinned a robust Aussie economy. Now that growth is all but grinding to a halt, the head of the Reserve Bank has warned: https://t.co/BfWwWKB3E4 @RBAInfo #ausecon #ausbiz

[Herald Sun Business @HeraldSunBiz]

The people who govern us – both the politicians and the central bankers – are making a universal one-way bet. Terry McCrann explains why it’s disturbing and very dangerous: https://t.co/AQe3Ug7Xog @RBAInfo #rates #ausbiz #ausecon

[Herald Sun Business @HeraldSunBiz]

BREAKING: In a stunning David and Goliath victory, Aussie food company #Bega has seen off a legal challenge from US titan #Kraft over its peanut butter: https://t.co/OxIbPSq4T1 @BegaCheese_ @KraftHeinzCo #ausbiz

[Herald Sun Business @HeraldSunBiz]

Official figures tell us inflation is all-but non-existent, but in the real world — especially for one big group of Australians — nothing could be further from the truth, says Terry McCrann: https://t.co/Q2R1uxCQrm @ABSStats #inflation #ausbiz

[Herald Sun Business @HeraldSunBiz]

An Australian women’s fashion label has entered voluntary administration due to financial troubles sparked by coronavirus pandemic: https://t.co/acOVAbBDJH @AliceMcCall #ausbiz

[Herald Sun Business @HeraldSunBiz]

JUST IN: The #RBA has cut the cash rate, from 0.25 per cent, to a fresh all-time low of 0.1 per cent. @RBAinfo #ausbiz

[Herald Sun Business @HeraldSunBiz]

Embattled Australia Post boss Christine Holgate has resigned just weeks after the Prime Minister bluntly told her if she didn’t wish to stand aside “she should go”: https://t.co/cLqFhWYCbg @auspost #ausbiz

[Herald Sun Business @HeraldSunBiz]

Westpac has blamed its money-laundering scandal and the economic downturn caused by the coronavirus pandemic for its “disappointing” financial results: https://t.co/hh7zPkGhc3 @Westpac #ausbiz

[Herald Sun Business @HeraldSunBiz]

Wealth management giant @AMP_AU has become the latest major corporation to come under cyber attack, with the group forced last week to suspend some of its online services: https://t.co/rPlN4UPv4n #ausbiz

[Herald Sun Business @HeraldSunBiz]

From @Kogan founder @ruslankogan to @jacksonmeyer_VG and @MoxieHQ's Mia Klitsas, they're some of Victoria's best and brightest young entrepreneurs. Here, they share some of the secrets of their success: https://t.co/JtH6irtK4d #ausbiz #entrepreneurs

[Herald Sun Business @HeraldSunBiz]

BREAKING: Prices fell in Australia last quarter at the fastest rate since records began 72 years ago. The rate of deflation, as measured by the consumer price index, clocked in at 1.9% amid the coronavirus pandemic, the #ABS has announced. @ABSStats #ausecon

[Herald Sun Business @HeraldSunBiz]

BREAKING: Australia's GDP fell 0.3 per cent in the three months to March according to accounts just released by @ABSStats, meaning the nation is spiralling into its first recession in almost 30 years. #ausecon #ausbiz

[Herald Sun Business @HeraldSunBiz]

There’s one critical thing we can do in Australia that could make all the difference as we ease #coronavirus restrictions, yet it seems our political leaders don’t want to know about it, writes Terry McCrann: https://t.co/wS90ecjRov #COVID19Aus #auspol #vicpol

[Herald Sun Business @HeraldSunBiz]

BREAKING: The share market has had its worst day since the 1987 crash. The #ASX200 has closed down 9.7 per cent - its biggest fall for any session since the index was launched 20 years ago - while the longer-established All Ordinaries index has had its worst day since '87. #asx

[Herald Sun Business @HeraldSunBiz]

BREAKING: The #ASX 200 has closed up 4.4% after staging a remarkable intraday recovery. It was down 8.1% in early afternoon trade, meaning that over little more than three hours it swung more than 12%, stacking on $200 billion from peak to trough today. #asx200 #ausbiz

[Herald Sun Business @HeraldSunBiz]

JUST IN: After slumping 8% in the first three hours of trade today, the #ASX 200 has come storming back and is now up 1.4% - a $150 billion turnaround. #asx200 #ausbiz