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Australia draws the China line at Taiwan - Vimarsana News

Australia draws the China line at Taiwan

Australia draws the China line at Taiwan Australia has now signalled that its collective pushback to manage China includes drawing the line at the defence of Taiwan. May 6, 2021 – 12.00am Share For the past week or so, the “drums of war” rhetoric out of Canberra has talked up the fear of China attacking Taiwan. In an exclusive interview with The Australian Financial Review’s China correspondent, Michael Smith, Taiwan’s Foreign Affairs Minister, Joseph Wu, talks down the idea “that a war between Taiwan and China is imminent”. However, Mr Wu says Taiwan is the frontline against C...

Source: afr.com
Mining services outfit Aquirian Group readies float - Vimarsana News

Mining services outfit Aquirian Group readies float

Mining services outfit Aquirian Group readies float Save Share Specialist mining services outfit Aquirian Group is readying an initial public offering.  Ryan Stuart And next cab off the rank – following the likes of Aerison, Maas Group, DDH1 and MLG Oz – is Perth-headquartered specialist mining services business Aquirian Group. Street Talk understands Aquirian has drafted in Western Australian boutique Pursuit Capital to prepare it for a run at the boards, in a deal that’s expected to value it at about $16 million on a market capitalisation basis. Aquirian has got two arms: ...

Source: afr.com
'Price cuts will come': suppliers brace for new food fight - Vimarsana News

'Price cuts will come': suppliers brace for new food fight

‘Price cuts will come’: suppliers brace for new food fight Save Share Food and grocery suppliers are bracing for pressure on pricing and margins amid a new battle for market share between Coles, Woolworths and Metcash, as food retailers cycle sales growth inflated by panic spending 12 months ago. Coles and Woolworths have been approaching suppliers in recent weeks and asking them to fund temporary and permanent price reductions, adding to growing fears of a new price or marketing war between the two supermarket giants. Suppliers fear a margin squeeze if Coles and Woolworths push for...

Source: afr.com
'Licensees are not giving up on Christine Holgate': Australia Post backbone defends ousted CEO - Vimarsana News

'Licensees are not giving up on Christine Holgate': Australia Post backbone defends ousted CEO

The licensed franchise owners of Australia Post have gone in to bat for ousted CEO Christine Holgate, describing her as a "once in a lifetime leader". Angela Cramp, Executive Director of Licensed Post Office Group (LPOG), appeared on Today to support Ms Holgate's claims of bullying and harassment. Licensed Post Offices or LPOs make up two-thirds of the national postal outlet network and are franchised owned. READ MORE: LPOG Executive Director Angela Cramp.(Today) "Licensees have known what Christine Holgate is like. That's why we did not accept this," Ms Cramp told Today. "We've been in denia...

Australia Post names Paul Graham as new CEO - Vimarsana News

Australia Post names Paul Graham as new CEO

Woolworths executive Paul Graham has been named the next CEO and managing director of Australia Post. Mr Graham, the chief supply chain officer at Woolworths Group, was chosen following a "global search" and is due to start in September. He will be paid a $1,456,560 fixed annual total remuneration, with the potential to earn incentive payments of up to $1,456,560, in accordance with the parameters set by the Commonwealth Remuneration Tribunal. READ MORE: Paul Graham was formerly the chief supply chain officer at Woolworths Group.(Fairfax) Mr Graham enters the role following the resignation of...