The write-down on brands such as Just Jeans, Jay Jays and Portmans sent Myer to a full-year loss, with its shares slumping 26% yesterday.
The central bank is mandated to control inflation but is concerned that any rate rises could drive unemployment.
The company says 'tough decisions' need to be made as it looks for A$30m in savings.
The RBA is mandated to bring inflation down, but will also be mindful that higher rates could bring on a recession.
Making the code mandatory is the Australian Government’s toughest response so far to the issue of supermarket competition.
Innovation into processes has fallen sharply, while innovation into products and services has remained largely unchanged.
Peter Dutton will take his party to the next election with a policy to complete the first projects by 2037.
The deal only helps to kick the can down the road, rather than solve the issue.
Screen Producers Australia accuse streaming services of ‘weaponising’ the US-Aus free trade agreement.
Apart from the pandemic, Australia's economic growth is at its weakest since the recession of the early 1990s.