The write-down on brands such as Just Jeans, Jay Jays and Portmans sent Myer to a full-year loss, with its shares slumping 26% yesterday.
EY is the second Big Four firm to announce redundancies this week, after PwC.
The firm follows KPMG and Deloitte in announcing redundancies in Australia.
The Optus brand was already suffering from last year's data breach, and has now been hit by a major outage
Already a discernible difference in new governor Michele Bullock's communication.
The vote is a first strike which, if followed by a second, could force a spill in the Qantas board.
The International Monetary Fund says although inflation has peaked it is likely to persist for longer.
After coming to grief with cheap US wine the strategy is now around luxury brands.
The airline says ‘no commercial advantage’ was gained when it cancelled flights and continued to sell tickets.
Inflation is falling, but is it falling fast enough?