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Has COVID-19 changed shopping forever?

Has COVID-19 changed shopping forever?

From smaller shops to major chains, the exodus from Australia's inner cities is having a profound effect on retail and shoppers.

  • by Dominic Powell and Simon Johanson

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Amazon extends footprint as e-commerce underpins industrial property
Commercial real estate

Amazon extends footprint as e-commerce underpins industrial property

Internet retail giant Amazon has extended its footprint with a new fulfilment centre in Melbourne's western suburbs as it builds on the momentum of online shopping that has swelled with shoppers forced indoors during global pandemic lockdowns.

  • by Carolyn Cummins
High vis has high hopes for Bridge Rd store
Commercial real estate

High vis has high hopes for Bridge Rd store

High-vis work wear retailer RSEA Safety is set to open in the former furniture showroom at 345 Bridge Road, next door to the town hall.

  • by Nicole Lindsay
Office vacancy hits double digits as workers stay at home
Commercial real estate

Office vacancy hits double digits as workers stay at home

The embattled CBD office sector is forecast to reach double digit vacancy rates in the coming year with sublease space even higher which is forcing landlords to reassess rental charges to entice tenants to stay.

  • by Carolyn Cummins
Adaptable childcare hub designed for 100-year cycle
Commercial real estate

Adaptable childcare hub designed for 100-year cycle

Referred to as the Sunflower, the Bayswater Early Years Hub also tracks the sun as it moves from east to west.

  • by Stephen Crafti
Sigma Healthcare manager charged with insider trading
Pharmaceuticals

Sigma Healthcare manager charged with insider trading

The corporate regulator has alleged the employee sold shares while in possession of insider information about major contract negotiations.

  • by Emma Koehn
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BP to shut Australian oil refinery, leaving just three in the country
Oil

BP to shut Australian oil refinery, leaving just three in the country

BP will shut one of Australia's last remaining oil refineries, triggering hundreds of job losses and increasing the nation's reliance on imported fuels.

  • by Nick Toscano
Origin cuts back gas drilling as pandemic drain hits exports
Energy

Origin cuts back gas drilling as pandemic drain hits exports

Origin has curtailed drilling at its Queensland gas operations in the latest sign of the severity of COVID-19's impact on the energy market.

  • by Nick Toscano
'Hard yakka' as Atlassian's profit takes a hit
Startups

'Hard yakka' as Atlassian's profit takes a hit

Australian software giant's shares slump on the Nasdaq after it flagged slower revenue through the remainder of financial year.

  • by Cara Waters
Apple stock pulled down by weak iPhone sales, China demand
Apple

Apple stock pulled down by weak iPhone sales, China demand

Weaker than expected iPhone sales sent Apple's shares down 5.9 per cent in after-hours even as the tech giant's revenue and profit did better than Wall Street expected, thanks to booming Mac and AirPods sales.

  • by Stephen Nellis
Amazon, Apple, Google, Facebook: Tech giants report higher profits
Amazon

Amazon, Apple, Google, Facebook: Tech giants report higher profits

Five US technology giants were reporting earnings today, providing the latest indication of whether they are rebounding from the coronavirus slowdown.

  • by Associated Press