Supermarket large Coles has posted retail revenue rise as shelf-stripping panic buying through the pandemic prompted a sales surge. Australian biotechnology big CSL has flagged manufacturing 100 million doses of a COVID-19 vaccine by mid subsequent 12 months and reported higher full-yr earnings. The pandemic-induced growth in on-line purchasing has driven a surge in Wesfarmers’ income, with Bunnings again proving the money cow. New figures reveal the effect Victoria’s lockdown and newly imposed journey restrictions have had on business activity across Australia.
One of Australia’s biggest highway builders and toll suppliers Transurban says coronavirus has severely affected its operations, with an enormous drop site visitors...
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