This Month
Gerry Harvey and Unilever pile into local hair care start-up Straand
Earlier this year, Sephora agreed to stock the fast-growing hair and scalp care brand in stores across Australia, the United Kingdom and Asia.
- Carrie LaFrenz
November
- Updated
- AGM season
Harvey Norman gets Black Friday boost, but sales are still heading south
Sales at the retailer’s Australian franchise stores tumbled 11.9 per cent since the start of July, even with a bump in trade from the annual discounting event.
- Updated
- Carrie LaFrenz
Gerry Harvey joins the Kelly Bayer Rosmarin cheerocracy
The Harvey Norman chief has ridden to the defence of the Optus CEO and LinkedIn influencer.
- Mark Di Stefano
October
This Alligator could deliver Gerry Harvey’s racing dream
Gerry Harvey has never won a Cox Plate. But a horse with a reptilian name and one of the country’s greatest ever trainers could change that on Saturday.
- Updated
- James Thomson
- Updated
- Retail
Harvey Norman profits halve as first quarter sales slump
The retailer has also flagged a $442.3 million on-market share buyback, as executive chairman Gerry Harvey says foot traffic is down more than 20 per cent.
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- Carrie LaFrenz
Joe Aston’s farewell column
After 12 years of writing Rear Window, my reward was the belly laughs I got to share with AFR readers as, again and again, we denuded the most fantastic pretenders in the nation.
- Joe Aston
August
Gerry Harvey says his $400m franchisee ‘lost control’
Harvey Norman executive chairman called the axing of his friend Alan Stephenson ‘one of those tragedies’ in life.
- Carrie LaFrenz
July
The 10 wealthiest executives in the ASX 300 revealed
The Australian Financial Review’s Rich Bosses list for 2023 is dominated by mining and technology executives, and includes a displacement at the top spot.
- Euan Black
June
Harvey Norman warns of major earnings slide as shoppers stop spending
The retailer expects pre-tax profits, excluding the impact of property revaluations, to come in between $637 million and $704 million this year.
- Carrie LaFrenz
Singleton’s surprising return to radio started in his Gosford pub
The maverick Central Coast former adman, who professes an undying love of radio, has become the patron of his local community station.
- Updated
- Sam Buckingham-Jones
Minimum wage rise will push up prices, put jobs at risk: Gerry Harvey
Retailer Gerry Harvey says a 5.75 per cent lift to award wages will test business at a time when pay packets are rising faster than sales.
- Samantha Hutchinson and Patrick Durkin
May
Chinese billionaire spends $33.5m on Australian horses in three days
Yuesheng Zhang, the intensely private mining tycoon, has broken several records at this year’s Gerry Harvey-backed Magic Millions broodmare sale.
- Zoe Samios
- Opinion
- Chanticleer
Five tips from billionaires who’ve stayed on the Rich List for decades
Landing in the prestigious directory is one thing. Staying there for years takes a very different set of skills. Three such winners share their best secrets.
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- James Thomson
Harvey Norman’s largest franchisee disappears
The group has unceremoniously punted its largest franchisee, responsible for 10 per cent of total Australian sales.
- Joe Aston
The biggest hits (and misses) from 40 years of the Rich List
Corporate raiders, post-war migrants, tech booms and busts – the annual scorecard of our most wealthy charts the ups and downs of Australian entrepreneurialism.
- James Thomson
Good times won’t last so what’s the plan, CEOs ask
With weaker economic growth expected, it is crucial that businesses have enough flexibility to adjust to the tougher times, Wesfarmers CEO Rob Scott says.
- Carrie LaFrenz and Simon Evans
March
Gerry Harvey says this is Australia’s hottest property market
The ‘irrepressible’ billionaire says the consumer is holding up, Wesfarmers was “conned” with Catch Group and there is one property sector that is white-hot.
- Updated
- James Thomson
February
Harvey Norman says sales slow but no sign of recession
The retailer’s shares tumbled in morning trade after sales and profits missed market expectations, but Gerry Harvey remains confident.
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- Carrie LaFrenz
January
What recession? A dozen horses sold for $1m each at Magic Millions
The annual Magic Millions Gold Coast Yearling Sale is off to a cracking start, including a record-breaking colt selling for $2.7 million late on Thursday afternoon.
- Fiona Carruthers