Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 2GB account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 2GB content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 2GB online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

Myer nose-dives to a shocking $476m loss

Article image for Myer nose-dives to a shocking $476m loss

Myer has announced a disastrous  $476-million loss.

Garry Hounsell, Executive Chairman of Myer said, “it’s quite clear that we failed to respond appropriately to the aggressive pricing by competitors”.

Solomon Lew says the record first-half loss, which has forced the retail giant to suspend dividends, is evidence the board needs to be ousted.

Ross Greenwood speaks with Head of Retail Michael Bate from Colliers International.

Listen to the full interview below 

Deborah Knight
Advertisement