Working at David Jones was 'heaven on a stick' in its heyday

Spring is usually one of the hottest times to sell property, but a housing market slump is affecting regional areas.

Can you be in administration and have receivers? Yes, and it is happening at David Jones, which is seeking to restructure but will likely face challenges.

A Productivity Commission inquiry into how to make businesses more dynamic releases its interim findings after being directed not to consider tax or industrial relations.

David Jones' suppliers tell the ABC they could see "the writing on the wall" as payment times got longer and telephone calls went unanswered.