Livewire recently teamed up with the University Network for Investing and Trading to hear investing ideas for some of Australia’s brightest university students. We asked students for their take on an important investing trend, and after reviewing many high-quality submissions, our editors determined the winner. We hope you enjoy the... Show More
Specialty retailer, Harvey Norman (HVN) posted a record and above consensus 28% lift in annual profit to $449m. The result was driven by demand for furniture thanks to record low interest rates, a strong Australian property market, and favourable property revaluations. and was boosted by the collapse of Dick... Show More
Harvey Norman (HVN), posted an above consensus 30% lift in Net Profit after Tax to $348.61m. The result was driven by stronger demand for household goods thanks to continued growth in the property market and record low interest rates For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Steven Daghlian speaks with CommSec Advisory’s Nicky Kritikos about upcoming flight results from Qantas and 3Q sales numbers from Harvey Norman Show More
Steven Daghlian speaks with CommSec Advisory’s Blair Hannon about upcoming results from James Hardie, Dulux & Harvey Norman, as well as Thursday’s employment data Visit CommSec Show More
Harvey Norman (HVN) posted a bigger than expected 30.6% lift in half year profit to $185.5 million. The result was driven by a 7.7% lift in sales in its core Australian market which accounted for ~80% of group sales Show More
A few take outs from the Harvey Norman result today. Management did not provide specific forward guidance but they did give some macro outlook for FY14. HVN expects Australian housing prices to rise as well as housing constructions - which will reflect positively on their products. Strong growth is expected... Show More