ASX Announcements
Notice of ceasing to be a substantial holder for EDV
Ceasing to be a substantial holder
- May 6, 2024
- 36 pages
Woolworths Group agrees to sell 5.0% of Endeavour Group
Asset Disposal, Company Administration - Other
- May 1, 2024
- 2 pages
Update - Dividend/Distribution - WOW
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
- Mar 18, 2024
- 5 pages
This Month
- Opinion
- Retail
Half-priced detergent every few weeks? Shoppers can smell a rat
Deep food and grocery discounts have become increasingly popular with consumers, but the cost is unfairly borne by suppliers, prompting calls for change.
- Updated
- Sue Mitchell
Calls for power to break up Coles and Woolies split inquiry
The ACCC should get new legal powers to prosecute supermarkets found to be engaging in price gouging, a parliamentary inquiry has recommended.
- Tom McIlroy and Carrie LaFrenz
Is Bonza a goner? Woolworths’ $8b crisis; Bizarre quantum theory
This week on the Chanticleer podcast, James and Anthony delve into Bonza’s crash landing, reveal the real cost of Woolworths’ PR crisis and answer a listener’s question about Australia’s whopper venture capital investment.
OECD warns sticky inflation means rates higher for longer
The warning came as CEOs deliver upbeat assessment of the economy and financial markets push out expectations for rate cuts to May or June 2025, potentially after the next federal election.
- Ronald Mizen, James Eyers, Lucas Baird, Simon Evans, Tess Bennett and Carrie LaFrenz
Woolworths faces widening gulf with Coles in sales stakes
Brad Banducci, the departing chief executive of supermarket giant Woolworths, is losing the battle with arch-rival Coles as he prepares to bow out in September.
- Updated
- Simon Evans
- Opinion
- Chanticleer
Woolies’ reputational crisis has cost it $8b and counting
The supermarket giant has aggressively brought down prices, but its sales are growing far more slowly than its great rival. That’s a serious problem.
- James Thomson
NAB’s ‘astonishing’ number; Woolies’ warning; Fed’s ‘confidence’ trick
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Down markets draw out the year’s biggest share trades
Big block trades are flying this week, which only ramps up the chase for the next big trade.
- Updated
- Anthony Macdonald
Woolworths shareholders to pocket proceeds from Endeavour sale
The supermarket giant offloaded a 5 per cent stake in the owner of Dan Murphy’s, realising $468 million for its shares.
- Carrie LaFrenz
April
Woolworths launches $468m selldown in Endeavour; Jarden on ticket
It’s not the first time Woolworths has offloaded Endeavour Group stock since the grocer spun it off to the ASX boards.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Coles wants suppliers’ help in cutting prices as shoppers seek deals
The supermarket chain’s sales rose 5.1 per cent in the third quarter but liquor sales fell as consumers cut spending by looking for cheaper alcohol options.
- Carrie LaFrenz
Aldi pays mega $420m dividend to offshore parent
Newly released accounts reveal the discount supermarket chain made a hefty capital return to Austrian company Hofer KG in 2023.
- Carrie LaFrenz
- Opinion
- Social media
Surge of violence tests policy tolerance of social media
The Coalition in particular has to ask tricky questions of when enough is enough on social media platforms.
- Laura Tingle
- Opinion
- Window Shopping
Why supermarkets ‘fell off their pedestal’
Building social licence is a significant opportunity for retailers but as the travails of the two big supermarket chains show, it can be easily damaged.
- Sue Mitchell
Woolies cuts prices in bid to catch Coles’ growth
A JPMorgan survey of private label products shows the supermarket giants are competing more aggressively on price, closing the gap with discount retailer Aldi.
- Carrie LaFrenz
Woolworths says forced store sales won’t lower prices
The nation’s largest grocery chain says the bill put forward by the Greens as a tool against the misuse of market power could even result in higher prices.
- Carrie LaFrenz
- Opinion
- Investing
ROE, ROIC or ROCE? CEOs only turn to numbers that make them shine
A Senate hearing sparked debate on how best to measure corporate profitability. But this is a deep rabbit hole that divides balance sheet scholars.
- Jonathan Shapiro
Green antics give corporates nightmares
After Nick McKim’s savaging of Brad Banducci, business may be wary of co-operating with Greens-led inquiries. Some, it seems, already are.
- Updated
- Myriam Robin
- Analysis
- Governance
A hot tip for CEOs – reputation counts for everything
Woolworths, Qantas and AMP are among once-loved brands that have faced customer ire. Now they’ve added reputation metrics to executive pay calculations.
- Jenny Wiggins
Why the RBA won’t cut rates soon; Supermarket stoush; Misguided push for Australian made
This week, James and editor-in-chief Michael Stutchbury discuss the data the RBA will be mulling, examine how the supermarket inquiry turned nasty, and ask whether the Made in Australia push is doomed.