Bunnings Sales soar to 19.2% | ASX Market Update

  • Jun 09, 2020 AEST
  • Team Kalkine

Wesfarmers says it is seeing significant demand growth in its Bunnings and Officeworks businesses as customers continue to spend more time at home, amid coronavirus restrictions. Sales growth at Bunnings is up 19.2 per cent in the second half of the financial year, compared to 5.8 per cent in the first half.

A regulation change to be decided this week could see thousands of Australia Post workers lose their jobs – and mail delivery times blow out across the country for customers. According to the Communications, Electrical and Plumbing Union of Australia (CEPU), Australia Post is pursuing a regulation change which would pave the way for a drastic overhaul of the organization.

Biotechnology giant CSL has bought Canadian clinical-stage biotechnology company Vitaeris for its research into treating the leading cause of rejection for transplanted kidneys. CSL has worked with Vitaeris since 2017 on the phase III program to investigate how an antibody called clazakizumab treats a naturally-occurring inflammatory gene, which causes the body to reject many transplanted kidneys.

#Bunnings #CSL #Wesfarmers #Jobloss


The video has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above video is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK