WESFARMERS LIMITED : Coles Chief Facing Potential Pay Cut - Report
4-traders
Coles chief executive Ian McLeod is facing a potential pay cut, as parent company Wesfarmers Ltd. (WES.AU) looks to bring his performance-based contract more in line with its other executives, The Australian Financial Review reported Friday.
Coles boss faces pressure to take pay cutBusiness Spectator
Outlook: Aus shares poised to riseFinance News Network (press release) (subscription)

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Safe haven stocks for rocky times
The Age
He likes Wesfarmers, the conglomerate that owns, among other businesses, Coles, Kmart, Officeworks and Bunnings, as well as a coal business and a fertiliser business. ''We like the diverse nature of the [Wesfarmers] business,'' Lui says.

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Wesfarmers 'best retail employer' Down Under
Inside Retailing
By Inside Retail Wesfarmers has been recognised as the most attractive employer in the retail and convenience sector at the annual Randstad Awards. It pipped sector heavyweights Cadbury Schweppes, Nestlé and Coca-Cola Amatil to be ranked fifth most ...

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Wesfarmers Unit To Begin Shipping Goods Direct To Customers-Report
Fox Business
MELBOURNE – Wesfarmers Ltd.'s (WES.AU) discount department store Target will begin shipping goods directly from China to Australian internet shoppers by September, allowing them to avoid paying Australia's goods and services tax, The Australian ...
Target joins online rush to AsiaThe Australian
Target looks to Asia to avoid GST onlineBusiness Spectator

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Wesfarmers' Coles warns over higher labor costs
MarketWatch
Coles, which is a unit of diversified conglomerate Wesfarmers Ltd. , competes against Woolworths the country's other major super market chain. John Durkan, Merchandise Director at Coles, said labor costs have the potential to make Australia an ...
Supermarkets escalate loyalty competitionBusiness Spectator

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Farmer's personal Wesfarmers boycott gains currency
The Australian
Last year, the Busselton farmer began a personal boycott of products from Wesfarmers, owners of Coles supermarkets, in protest at its $1-a-litre milk price-slashing campaign. He took his order for the $200000 of fertilisers a year, needed to keep his ...

Wesfarmers says it is open to milk talks
Farm Weekly
WESFARMERS says it will work towards an understanding with farmers to avoid a boycott of its products. Following WAFarmers' recent centenary conference, a procedural motion was passed on to the WAFarmers executive where a boycott of Wesfarmers was ...

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Wesfarmers boss backs hefty rate cut
Perth Now
Picture: News Ltd Source: The Australian A HEFTY half a percentage point interest rate cut by the Reserve Bank of Australia (RBA) this week would give a much-needed boost to the nation's consumers, says Wesfarmers chief executive Richard Goyder.

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Wesfarmers's Goyder Calls for Australia Rate Cuts
BusinessWeek
By David Fickling on April 28, 2012 Wesfarmers Ltd. (WES) Managing Director Richard Goyder called on the Reserve Bank of Australia to cut interest rates at its next meeting on May 1 to help a retail industry struggling with declining consumer ...
Tough times ahead for WesfarmersABC Online
Wesfarmers boss backs hefty rate cutNinemsn
Farmers threaten boycott over cheap milkABC Local

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Wesfarmers's Goyder Calls for Australia Rate Cuts
Bloomberg
Wesfarmers Ltd. (WES) Managing Director Richard Goyder called on the Reserve Bank of Australia to cut interest rates at its next meeting on May 1 to help a retail industry struggling with declining consumer confidence.
Wesfarmers boss backs hefty rate cutBrisbane Times
Rates set to travel south, but not too farThe Canberra Times
Robust miners lift sharemarketThe Australian
The Daily Telegraph -The West Australian -The Australian Financial Review
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