Financial year


Woolies continues to ride the retail boom

A cautious first quarter sales report from the country’s biggest retailer, Woolworths but one that makes clear the retail boom we’ve been experiencing since the start of the year is alive and well and high petrol prices are no longer bugbear; while inflation seems to be easing for the retail giant, writes Glenn Dyer.

Crikey Says: Crikey Says

Name the federal outlay that increased by 24.9% in the past financial year … Emergency housing? Aged care? Coastal surveillance? Nursing education? No, none of the above. The answer’s probably obvious when you think about it: advertising.

Serving the PM’s pork will require timing

Treasurer Peter Costello has now given Australians a little taste of the gravy to be dispensed by the Government between now and election day, writes Richard Farmer.