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Consumer caution growing, says The Reject Shop Share Consumers have started to become more cautious about discretionary spending as the JobKeeper cliff approaches, says Andre Reich, chief executive of discount retailer The Reject Shop. “It feels like customers are already becoming more prudent in terms of their spending – we’ve definitely seen that change in the last month,” Mr Reich told The Australian Financial Review. “Everyone is aware something will happen when JobKeeper comes off.” The Reject Shop CEO Andre Reich, shown in Melbourne on Monday, is in the first phase of a fiv...

Fiona Geminder, who rarely speaks out publicly, admits there is a long way to go on gender equality in her company, but she is championing the way forward.  

Last modified on Tue 16 Feb 2021 11.31 EST At least 11 billionaires last year received dividends totalling tens of millions of dollars from companies that received jobkeeper subsidies designed to keep workers employed, new research shows. The research, commissioned by the opposition frontbencher Andrew Leigh, shows that retail moguls Solomon Lew and Gerry Harvey were among those receiving the payments. Leigh said the payments came against a backdrop of the rich doing extremely well during the pandemic, with Forbes estimating that the average Australian billionaire’s wealth increased by 59% ...