Business

Market movers

Metals futures traders are spooked amid worries around Chinese growth.

Opinion

Boom times: We may be having another commodity supercycle

One could easily think we’re in the middle of the kind of commodities supercycle last seen in the China-driven boom in the aftermath of the global financial crisis. But this time it’s different.

by Stephen Bartholomeusz

Transurban will expand the American Legion Bridge between Maryland and Virginia and add new tolled lanes.

Transurban hopes to hitch ride on Biden’s road building spree

by Patrick Hatch

The ASX had a strong April and launches into May near 13-month highs.

As it happened: Westpac helps ASX cling to narrow gain

by Alex Druce and Lucy Battersby

Westpac is withdrawing from clearing for overseas banks in Aussie and New Zealand dollars

Updated

Westpac to slash $2b in costs to head off low rates threat

by Clancy Yeates

Sanjeev Gupta at the Whyalla Arrium mine.

Gupta touted bold plans as steel’s ‘saviour’. He didn’t deliver

by Eddie Spence and Jack Farchy

Currency

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Companies

Telstra has copped a $1.5 million fine from the media and communications regulator.

Telecommunications

Telstra blames COVID impact for ACMA fine

The telco giant has copped a $1.5 million fine for not letting consumers change their service while holding on to their existing phone number.

1 hour ago
by Supratim Adhikari

Spotify is listed on the New York Stock Exchange.

Startups

Music streaming giant Spotify funnels subscription income out of Australia

Music streaming giant Spotify has quietly shifted its subscription revenue out of Australia, moving it through its head office in Sweden instead.

1 hour ago
by Cara Waters

Signage in front of Oath Inc. Yahoo! headquarters in Sunnyvale, California, U.S., on Wednesday, April 21, 2021. Silicon Valley has the lowest office vacancy rate in the U.S., even as technology companies embrace remote work. Photographer: David Paul Morris/Bloomberg

Web culture

Internet trailblazers Yahoo and AOL sold, again, for $6.5 billion

2 hours ago

Roads

Transurban hopes to hitch ride on Biden’s road building spree

by Patrick Hatch

Premier Investments chairman Solomon Lew wil repay $15.6 million in JobKeeper.

Updated

Retail

Gerry Harvey won’t follow Lew’s lead on returning JobKeeper funds

by Dominic Powell

Markets

Wall Street is booming: With returns diminishing across the fixed-income world, equities are increasingly seen as the only game in town.

Sharemarket

The decade of shrinking global stock markets is finally over

by Justina Lee and Lu Wang

Sharemarket

Thugs-for-hire take shareholder meetings to extremes in Hong Kong

by Benjamin Robertson, Kiuyan Wong and Sheridan Prasso

Opinion

Commodities

Boom times: We may be having another commodity supercycle

by Stephen Bartholomeusz

The economy

Opinion

Jobs

Now we’re trying Plan C to end wage stagnation

by Ross Gittins

Federal budget

What can (and can’t) the budget do to improve economic outcomes for women

by Jessica Irvine

Opinion

Renewables

Here comes the sun: The wind and solar boom is here

by Farhad Manjoo

Opinion & Perspectives

The King’s Gambit: Westpac CEO makes risky move to outplay rivals

Elizabeth Knight

Westpac chief executive Peter King has set himself an ambitious cost reduction target in a plan to claw back market share from the other big banks.

Boom times: We may be having another commodity supercycle

Stephen Bartholomeusz

One could easily think we’re in the middle of the kind of commodities supercycle last seen in the China-driven boom in the aftermath of the global financial crisis. But this time it’s different.

Now we’re trying Plan C to end wage stagnation

Ross Gittins

We’ve tried waiting for wages to grow and we’ve tried thinking of how to improve productivity, now we’re looking at engineering labour shortages to see if lifts stubbornly low wage growth.

Banking & finance

Xinja Bank CEO Eric Wilson is back in front of potential investors.

Start up technology

Xinja CEO to leave after $433m Middle Eastern deal dies

by Charlotte Grieve

Westpac chief executive Peter King doesn’t rule out entering buy-now-pay-later.

Opinion

Big four

The King’s Gambit: Westpac CEO makes risky move to outplay rivals

by Elizabeth Knight

Updated

Earnings season

Westpac to slash $2b in costs to head off low rates threat

by Clancy Yeates

Westpac chief executive Peter King will kick off this round of bank results on Monday.

Big four

Bank dividends to recover as bad loan threat fades

by Clancy Yeates

ASIC said staff spoke of games of roulette and dice being played for cash on the trading floor.

Online trading

‘Wolf of Wall St atmosphere’: Forex CT fined $20m for misconduct

by Sarah Danckert

The OBU regime will be phased out by 2023.

Opinion

Big four

Big four bank CEO grilling has lost its sizzle

by Clancy Yeates

1 hour ago
by Cara Waters

Dr Matthew Cullen, founder of Chemist2U with Dennis Chen Pharmacist at Soul Pattinson Pharmacy Crows Nest, which is one of the Chemist2U’s partner pharmacies.

Startups

Chemist startup gets the script right as demand grows for prescription delivery

The coronavirus pandemic has fast tracked major changes in the pharmacy sector with startup Chemist2U seeing quick uptake of its same day prescription medicine since launching last year.