News

‘Why are we so scared about getting this virus?’: Social media users call for boycotts following Gerry Harvey’s ‘irresponsible’ coronavirus interview

Gerry Harvey, billionaire co-founder of Harvey Norman, expressed how we shouldn’t be afraid of the coronavirus, despite numerous deaths across the globe. Harvey also described the outbreak as an “opportunity” for Harvey Norman, with sales going up 9% from last year. Social media users have called for boycotts to Harvey […]
‘Why are we so scared about getting this virus?’: Social media users call for boycotts following Gerry Harvey’s ‘irresponsible’ coronavirus interview
Markets

Harvey Norman has been hit by a shareholder first strike

Harvey Norman shareholders today delivered a first strike against the retail group. At the AGM in Sydney, they voted 50.63% against the company’s remuneration report. The Australian Shareholders Association had recommended the vote against the remuneration report. Retail billionaire Gerry Harvey has suffered a first strike by shareholders against his […]
Harvey Norman has been hit by a shareholder first strike
Markets

The future of Funtastic is in doubt after another big loss

The auditors of beleaguered toy maker Funtastic have warned there is “significant doubt” that the company can continue as a going concern after it slumped to a bigger-than-expected annual loss. Funtastic, which counts Harvey Norman executive chairman Gerry Harvey as one of its major shareholders, narrowed its net loss to […]
The future of Funtastic is in doubt after another big loss