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Cheyanne Enciso
Verified
Business Reporter, The West Australian
Perth
Beats
social economicsInternational politics
Abortion
Content
By Cheyanne Enciso Verified| The West Australian Verified The number of Australian consumers feeling “very highly” stressed has crept up amid growing concern over the ability to fund retirement, which has risen to a seven-year high. National Australia Bank on Thursday revealed its consumer stress index rose to an 18-month high in the March quarter, with inflation continuing to add to already high living costs. Around three in 10 Australians reported “very high” cost of living stress, rising to more than 40 per cent among those in the lowest income group.
By Cheyanne Enciso Verified| The West Australian Verified Popular footwear brand Wittner, which was founded over a century ago, has collapsed into administration amid a challenging operating environment for retailers. Wittner is the latest retailer to succumb to a pullback in discretionary spending, with Deloitte restructuring partners Sal Algeri and David Orr appointed as administrators on Wednesday. Mr Algeri said trading would continue as they worked towards a successful sale or recapitalisation of the business.
By Cheyanne Enciso Verified| The West Australian Verified The number of Australian consumers feeling “very highly” stressed has crept up amid growing concern over the ability to fund retirement, which has risen to a seven-year high. National Australia Bank on Thursday revealed its consumer stress index rose to an 18-month high in the March quarter, with inflation continuing to add to already high living costs. Around three in 10 Australians reported “very high” cost of living stress, rising to more than 40 per cent among those in the lowest income group.
Company Info
The West Australian
Seven West Media is Australia's largest diversified media company, listed on the ASX (ASX: SWM) and headquartered in Perth, Western Australia. Founded in 1992, it operates across broadcast television, radio, print, and digital platforms, employing over 5,000 people. The company is majority-owned by Seven Group Holdings. Seven West Media operates the Seven Network, which is the second-largest commercial TV network in Australia, featuring channels such as 7TWO, 7mate, and 7flix. It offers popular programming, including *My Kitchen Rules*, *Home and Away*, and major sports events like AFL and the Olympics. In publishing, it produces *The West Australian* and *The Sunday Times*, along with a digital news platform, 7NEWS.com.au. The acquisition of Prime has expanded its reach into regional markets, allowing for unified advertising across various platforms. Additionally, its streaming service, 7plus, provides live and on-demand content to viewers.
Australia
+61 8 9482 3111
Founded: 1991