Retail Industry

The Australian share market is trading lower on Friday, while a report by the ACCC has warned that the eastern states could face a gas shortfall by 2027 — a year earlier than it had previously predicted. Follow live.

Reactions to the parliament's ASIC inquiry, a look at what's brought wheat prices down and the ASX closes trading higher: as it happened with our business reporters on the ABC News markets blog. 

Australian cosmetics giant MCoBeauty has attracted global attention for its strikingly similar beauty dupes, but the company has kept the details of its product development process out of the spotlight — until now.

Spending is down, but there are two sectors Australians are still willing to fork out money for.

The Australian online bookstore has announced it has appointed administrators to possibly restructure or sell the business after a year of losses. 

Peter Dutton's plan to force large supermarkets to sell stores has prompted a fierce internal debate, with some objecting to the potential cost of court cases.

Australia's largest online bookstore, Booktopia, has collapsed and been placed into voluntary administration. Meanwhile, Australian stocks ended higher on Wednesday after a rally on Wall Street overnight.

Small beauty entrepreneurs say they are struggling to stop copies of their cosmetics being released because they don't have the legal budgets to fight big companies that are self-confessed dupers.

Australian cosmetics company MCoBeauty has become a multi-million-dollar business by "duping" popular beauty products. But its success hasn't been without controversy, after pushing the boundaries of the law too far in the past.

Nine Entertainment has announced it'll cut up to 200 jobs, ASX trading higher in midday trade. Catch up on the day's events and insights as they happened.

Inflation rose to 4 per cent in the 12 months to May, according to the latest data by the Australian Bureau of Statistics. Economists had broadly expected inflation to rise slightly to 3.8 per cent. Catch up on the day's news in the business blog. 

Farmers have long complained about feeling powerless when negotiating with the major supermarkets. Now, the balance of power could be shifting back to suppliers.

Solomon Lew has been slowly clawing his way back to the historic retailer, and, if he gets his latest deal across the line, it will pave the way for him to return to the Myer boardroom, this time as chair.

Australia's share market closed 1.36 per cent higher on Tuesday after Collins Foods, the local operator of KFC and Taco Bell in Australia, reported a 500 per cent net profit increase during last financial year. Catch up on the day's news in the business blog.

Consumers might not feel the effects of a mandatory grocery conduct overhaul, a peak consumer policy body says. 

The federal government confirms it will impose new obligations on large supermarket chains to treat their suppliers fairly, enforced by hefty fines.

The results of comparing identical groceries at different supermarkets were hardly surprising to anyone who has set foot in one in the past 18 months. How many more same-same-but-different reports will tell us what we already know?

The Australian share market closed higher on Friday, despite losses on Wall Street that saw chipmaker Nvidia lose its title as the world's most valuable company to Microsoft. And more foreign buyers are buying up Australian residential property according to new ATO data. Follow live.

Basic grocery items are 25 per cent cheaper at Aldi when compared with Coles and Woolworths, a new report from Choice has found.

While international ecommerce offers cheap prices, there are fears the online giants are contributing to a culture of over-consumption by shoppers — and killing off traditional toy stores.

Australian stocks traded lower the day after the Reserve Bank kept interest rates on hold at a 12-year high. Catch up on the latest updates in our live blog.

Asset group Dexus is appealing the Brisbane council's approval of a 15-storey precinct with apartments and shops in order to protect its own profits, a major developer claims.

The Australian share market has rebounded from a two-day losing streak after a rally in technology and healthcare stocks, while the nation's unemployment rate fell slightly in May to 4 per cent.

A Senate committee is calling on PwC to disclose the "names and positions" of those involved in the embattled consultancy firm's controversial tax leaks scandal. As it happened.

France has moved to curb sales of mass-produced clothes. Could Australia follow suit?