Wesfarmers Limited

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Wesfarmers Limited

Wesfarmers Limited is engaged in retailing operations, including supermarkets, general merchandise and specialty department stores; fuel, liquor and convenience outlets; retailing of home improvement and outdoor living products and supply of building materials; retailing of office and technology products; coal mining and production; gas processing and distribution; insurance; industrial and safety product distribution; chemicals and fertilizers manufacture, and investments. The Company operates in four segments: Retail, Insurance, Industrial and Other. The Retail segment includes Coles, Home Improvement and Office Supplies, Target and Kmart. Insurance segment includes supplier of specialist rural and small business regional insurance; supplier of general insurance through broking intermediaries; and supplier of insurance broking services. Industrial segment includes resources; chemicals, energy and fertilizers, and industrial and safety.

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Latest WES news

Wesfarmers & Woolworths: No problems with GST-free threshold after all

JUN 19, 2013

While previous reports had suggested that Coles, owned by Wesfarmers (ASX: WES), and Woolworths (ASX: WOW) were backing a campaign by the Australian National Retailers Association (ANRA) to persuade the government to lower the GST-free threshold on imported goods from $1,000 to $20, according to a report in The Australian Financial Review, the supermarket giants have done an about face and now say bring on the competition!

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Aust shares fall on investor caution

JUN 18, 2013

IG chief market strategist Chris Weston said investors are sensitive ahead of the US Federal Reserve's policy board meeting being held on Wednesday.

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BHP suffers despite falling dollar

JUN 18, 2013

More reading Should you buy BHP? Will iron ore end Rio? Wesfarmers’ coal outlook improves

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