David Jones’ private equity owners are preparing to appoint voluntary administrators as early as Thursday after negotiations with Westfield owner Scentre Group collapsed when the department store failed to pay October rent. Lenders and suppliers have already tightened support, while the board meets to decide how long the 188-year-old retailer can keep trading.
All Ordinaries
8,966.10
-0.48%down
Data is delayed
S&P/ASX 200
8,844.80
-0.47%down
Data is delayed
S&P 500
7,568.92
+0.36%up
Data is delayed
One Australian dollar buys
Updated 4 November 2026 at 2:53 pm. Prices are delayed and for information only.
Perth building technology company NXT TEC and two of its directors have been defeated in a Supreme Court dispute over a $2 million investment. The court ruling ends the legal fight in favour of the investor, though details of the judgement and any orders have not been supplied.
Ryan Schlam has been added to the Rich 100, joining a cohort of tradespeople who have converted skilled trades into significant wealth in Western Australia. The development points to opportunities for contractors and small builders to scale into highly profitable businesses in the state’s busy resources and construction markets.
Tools for real life
Run the numbers before you decide. Our calculators are built for Australian tax, super and home loan questions.
Guides
Mortgages, super, investing and tax explained without the jargon.
Explore the guides
