Brad Banducci in $4bn about-face with Woolworths; 500 jobs to go and other top stories.

• Brad Banducci in $4bn about-face with Woolworths; 500 jobs to go

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• AFIC's profit 10pc down, but maintains dividend

  

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• Renewables' subsidies put sting into power bills

  

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• Dick Smith goes into liquidation, insolvency under probe

  

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