The Federal Court has found Coles Supermarkets made false or misleading representations in its ‘Down Down’ promotional program, handing the ACCC a significant win in proceedings that have been closely watched across the retail and manufacturing sectors.
SPC Global (ASX: SPG) has launched a fully underwritten $100 million equity raising, with the bulk of proceeds earmarked for net debt reduction as the company works to reset its balance sheet less than 18 months after listing on the ASX.
The federal government released its 2026 budget last week, with longstanding issues in the food and beverage sector mostly overlooked in favour of the critical supply chain challenges arising from the Middle East conflict.
