Australia

Australia's Treasury Wine Toasts Record Full-Year Profit

Australia's Treasury Wine Estates Ltd, the world's biggest listed winemaker, posted a forecast-beating record annual profit on Thursday as customs delays i...

Australian Q2 Retail Sales Brighten Prospects For GDP

Australian retailers enjoyed their best sales in a year last quarter as discounting drove goods off the shelves, suggesting consumer spending helped the ec...

Wesfarmers Drops Imported Honey Blend From Coles In 'Australia First' Push

Australian supermarket chain Coles will stop selling a brand of honey that is partly sourced from China and Argentina, as it looks to support its 'Australi...

WTO To Rule On Landmark Tobacco Case Later Today

A World Trade Organisation adjudication panel will rule on Thursday on a dispute over Australia's tough tobacco packaging rules, widely seen as a test case...

Australian Soft Drink Makers Promise Sugar Cuts To Help Health

Australia's biggest soft drink makers, including Coca-Cola and Pepsi, pledged on Monday to cut industry-wide sugar use by a fifth over seven years to curb...

Australia Lifts Beef Export Forecast As Farmers Cull Herds Due To Dry Weather

Australia on Tuesday raised its forecast for beef exports in 2018/19 by more than 4% after dry weather wilted pastures in the country's east, forcing farme...

Meal Kit Company Marley Spoon Eyes Profitability By End-2019: CEO

Meal kit company Marley Spoon aims to use the proceeds of its planned stock market flotation in Australia to invest in growth and become profitable, its ch...

Pernod Ricard Wines Held Up At Chinese Ports Amid Strained Ties With Australia: Sources

Wine shipments from the Australian business of Pernod Ricard – the first foreign company to be harmed by a deterioration in relations between Austral...