Aussie furniture retailer Nick Scali is preparing a bid to buy rival Plush Sofas - as the industry consolidates.

 

JB Hi-Fi’s profit is expected to rise by around 67% as Aussies continue to spend money on electronics and appliances in lockdowns.

 

Australia-born mining giant BHP is said to be considering exiting the oil and gas business as investors turn against fossil fuels.

 

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