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The Latest Breaking News from Harvey Norman

Harvey Norman facing class action for 'misleading' ads

A retail giant is set to battle a class action lawsuit after the Federal Court ruled it misled consumers with a widespread advertising campaign.

AAP

Harvey Norman shares tumble despite big profit growth

Harvey Norman shares dropped to a nearly seven-month low after the retail/property company announced its half-year profit was up 17 per cent to $466 million.

AAP

Retail supremo dangles 'game-changing' mystery tech

Harvey Norman chair Gerry Harvey has hinted he might be selling robots in the next 18 months alongside a 'secret' technology, after dissing his rivals.

AAP

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Good Guys in bad books for dodgy promotions

One of Australia's largest electronics suppliers has been ordered to pay $13.5 million in fines after millions of texts were sent with misleading information.

AAP

Rising property values help boost Harvey Norman profit

Harvey Norman says its profit after tax has risen 47 per cent to $518 million, and its total assets have topped $8 billion for the first time.

AAP

Harvey Norman sales grow despite cost-of-living issues

Furniture and electrical retail chain Harvey Norman says sales at its Australian franchisees were up 5.5 per cent to $3.3 billion in the first half.

AAP

Harvey Norman fears Bleak Friday despite sales increase

Harvey Norman says Australian same-store sales were up 3.1 per cent in the four months to October 31, as the retailer headed into a crucial sales period.

AAP

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Harvey Norman misled customers with 'interest-free' ads

Retail giant Harvey Norman misled consumers with a widespread ad campaign offering interest-free and no-deposit purchase options, the Federal Court has ruled.

AAP

Harvey Norman sued over 'worthless' extended warranties

A class-action lawsuit claims Harvey Norman's extended warranties provided no value to consumers, as they already had remedies under Australian law.

AAP

'Nothing fantastic': Harvey Norman slides, turns to AI

Harvey Norman chairman Gerry Harvey is looking to artificial intelligence and its Malaysian operations for growth after disappointing 2023-24 results.

AAP

Australia’s biggest companies made nearly $100bn in ‘crisis profits’ amid Covid and Ukraine war

Oxfam analysis finds Woolworths, Hancock Prospecting and NAB among companies to rake in much higher profits off the back of crisis conditions

The Guardian - AU

The Nightly gives Gerry Harvey space to take a swipe at arch rival

Online newspaper gives one of its biggest advertisers the chance to outline his dim view of Temu. Plus: Peter Greste story gets the film treatment

The Guardian - AU

Australian shares hit record high on back of late rally

The Australian share market has hit a record in intraday trading, before closing at its second-highest level after rallying all afternoon.

AAP

Sales, dividend down as retail slump hits Harvey Norman

Ongoing macroeconomic headwinds have buffeted Harvey Norman's profits but the retailer insists its property portfolio keeps its balance sheet in good health.

AAP

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The Guardian - AU

DP World port dispute: how damaging is this to Australia’s economy and will it push up prices?

Supply-chain delays can increase costs in a range of areas and experts say the impact could be significant

AAP

Australian shares warm up as inflation loses more heat

The local share market finished 0.3 per higher after October's inflation readout came in cooler than expected.

The Guardian - AU

Afternoon Update: airports back ACCC’s legal action against Qantas; four killed in Victoria crash; and Mitch McConnell freezes again

Consumer watchdog accuses airline of false, misleading or deceptive conduct; plus soldiers hospitalised in second NT military accident

Autosport

Why de Silvestro's Bathurst wildcard could lead to a Supercars comeback

Simona de Silvestro makes no secret of her unfinished business in Supercars. She said as much immediately after her deal with Dick Johnson Racing, which will see her make a one-off return for the Bathurst 1000, was made public.

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The Guardian - AU

Crikey’s silence deafening as Guy Rundle launches new book

The site hasn’t published anything by its correspondent-at-large since he was roundly condemned for a piece about Brittany Higgins. Plus: News Corp at odds with the press council

Irish Mirror

'Best flip phone' contender Razr 40 Ultra launched as Motorola takes aim at Samsung crown

The new Motorola Razr 40 Ultra is the thinnest flippable smartphone in the industry when flipped closed and has the largest external display of any flip phone

Dublin Live

Amazon paddling pool, bikes, travel adaptors and more recalled ahead of busy summer

The summer season is just around the corner, and those hoping to go on holiday or to enjoy the sun are being warned to stop using these recalled products

The New Daily

Retailers count on tax-time splurge as spending flatlines

The figures come as big-name retailers including the Good Guys, JB Hi-Fi and Harvey Norman all kick off their tax-time sales.

Dublin Live

Urgent recall issued for popular travel adaptors due to 'electric shock' fears

Over 13,000 travel adaptors have been deemed to have "serious isues" by the Competition and Consumer Protection Commission (CPCC)

Irish Mirror

Warning to Irish holidaymakers after 'serious issues' found with popular travel adapters

Three different travel adapters bought in Ireland from popular stores have been hit with product recall notices over electric shocks

ABC News

Personal data of GE Money, Coles and Myer credit card customers stolen in Latitude Financial data breach

As Latitude Financial investigates last month's cyber breach, more customers are being emailed about their personal data being compromised — even if they never signed up for a Latitude product.

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