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Category: Business News

Caltex announces 2018 full-year results and buyback

Business News Convenience World Editor -
Caltex has announced its financial results for the 12 months ending December 31, 2018. The company says its RCOP (replacement cost of sales operating profit) NPAT (net profit after tax) result of $558...

Workplace mental illness costing businesses $60bn a year

Business News Convenience World Editor -
Mental illness in the workplace is costing the economy $60 billion a year, claims a counsellor who specialises in treating business leaders. Gabriel Edwards (right) is the founder of Breathing Space Counselling Practice....

Aussie small businesses embracing tech to drive growth

Business News Convenience World Editor -
Aussie small businesses are overcoming stiff competition by getting tech savvy, according to a new global report. It also found that, despite various challenges, the small and medium-sized enterprise (SME) sector is in...

Ombudsman lauds Labor stance on unfair contracts

Business News Convenience World Editor -
Ombudsman Kate Carnell has welcomed the Labor party’s commitment to three key changes to legislation on unfair contract terms. Australian Small Business and Family Enterprise Ombudsman (ASBFEO) Ms Carnell described Labor’s announced changes...

Can wage theft be criminalised? These legal experts doubt it

Business News Convenience World Editor -
The Labor party wants to criminalise wage theft in Victoria and NSW. But some are warning it could be unconstitutional. According to MSN, two legal experts from the University of Melbourne suggest a...

Coca-Cola Amatil says goodbye to plastic straws

Business News Convenience World Editor -
Coca-Cola Amatil will no longer distribute plastic drinking straws and stirrers in Australia. Instead, the company says, it will stock fully recyclable and biodegradable FSC (Forest Stewardship Council) accredited paper straws. Group Managing Director...

Ombudsman welcomes proposed overhaul of ‘jobactive’

Business News Convenience World Editor -
Kate Carnell has welcomed Labor’s policy announcement to overhaul jobactive, which she says is letting small businesses down. In a recent statement, the Australian Small Business and Family Enterprise Ombudsman was scathing about...

PGGM and Shell to acquire Eneco?

Business News Convenience World Editor -
PGGM and Shell say they’ve “joined forces” to look at participating in the controlled auction for sustainable energy provider Eneco. Eneco and its shareholders’ committee announced the start of the privatisation process in...
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