Business

Market movers

Former Victorian Liberal Party president and ABC board member Michael Kroger says ABC chair Ita Buttrose should resign from her position.

‘Out of line and a little disrespectful’: ABC director Joe Gersh defends chair Ita Buttrose as Porter criticism mounts

“Would I prefer a world in which these allegations were never made? Yes. But that’s not my choice,” the ABC board director said.

by Zoe Samios

The ASX 200 added 0.8 per cent for the week as the miners and banks surged.

Live

As it happened: Record-setting ASX pushes higher, up $35b in two days

by Alex Druce

Woodside and mining giant BHP are pursuing plans to develop a major new gas field off the coast of WA.

Woodside’s $15b gas field faces heat over emissions, rock art risk

by Nick Toscano

Sales at Wesfarmers’ retail businesses such as Bunnings have slowed in recent months.

‘Impossible to contain’: Wesfarmers boss wants faster vaccine rollout

1 hour ago
by Dominic Powell

ASIC chiar Joe Longo at his first government committee hearing. This time at Senate Estimates.

‘Send a strong message’: Senator calls for ASIC to take harder line on activist short sellers

by Sarah Danckert

Currency

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Companies

Crown’s “unrestricted” machines take higher bets and spin faster than is legal at other venues.

Crown royal commission

‘Wildly unrealistic’: Crown’s super pokies unlocked with $1m limit

The effectiveness of pre-commitment cards touted by the Victorian government and Crown Resorts as a measure against problem gambling has come under fire at the royal commission.

11 minutes ago
by Patrick Hatch

Retail

‘Impossible to contain’: Wesfarmers boss wants faster vaccine rollout

Wesfarmers chief executive Rob Scott has stressed the importance of getting Australians vaccinated quickly so the country could put an end to repeated lockdowns.

1 hour ago
by Dominic Powell

Opinion

Retail

Wesfarmers’ message to governments: Don’t make us pay for the COVID stimulus

by Elizabeth Knight

Energy

Woodside’s $15b gas field faces heat over emissions, rock art risk

by Nick Toscano

A Cloud Guru co-founder and chief executive Sam Kroonenburg.

Start-ups

Aussie brothers strike it rich after US firm snaps up ‘bedroom startup’ for $2bn

by Cara Waters

Markets

Live

Markets Live

As it happened: Record-setting ASX pushes higher, up $35b in two days

by Alex Druce

World markets

AMC embraces its meme stock status, shares jump by 96 per cent

by Michelle Chapman and Stan Choe

Updated

World markets

ASX eyes gains on back of another choppy Wall Street session

by Damian Troise and Alex Veiga

The economy

A health worker prepares to administer a dose of the Sinovac COVID-19 vaccine in Bangkok last week.

Opinion

Australian recession

Economy roars back but celebration must be tinged with caution

by Jessica Irvine

Global economy

How the world ran out of everything

by Peter S. Goodman and Niraj Chokshi

Opinion

Coronavirus pandemic

Politicians have spent decades dismantling almost the only solution to the pandemic

by Ross Gittins

Opinion & Perspectives

Wesfarmers’ message to governments: Don’t make us pay for the COVID stimulus

Elizabeth Knight

The stimulus-fuelled shopping bonanza has left companies like Bunnings, Kmart and Officeworks explaining to shareholders that the party is over now as more normal pre-COVID trading patterns return.

The woes of China’s ‘bad bank’ point to deeper problems

Stephen Bartholomeusz

The ongoing problems with state-controlled Huarong are exposing the serious fault lines within China’s economy and financial system.

‘Are you guys in lockdown again’ and other unwelcome retorts

Jonathan Rivett

They may be well intended, but banal comments to Victorians about the latest lockdown may not go down well.

Banking & finance

Huarong has been meeting interest payments on its debts with the help of liquidity provided by state-owned banks as the central authorities try to decide how to deal with it.

Opinion

China

The woes of China’s ‘bad bank’ point to deeper problems

by Stephen Bartholomeusz

Bernie Madoff was the mastermind of the world’s biggest Ponzi scheme.

Wall Street

The hunt for missing billions goes on after Bernie Madoff’s death

by Tom Hays and Larry Neumeister

Property investors are likely to make up for the retreat of first home buyers from the market, says mortgage broker AFG.

Property investment

Housing investors to pick up slack as first home buyers retreat: AFG

by Clancy Yeates

“I just remind people it was only 12 months ago that this economy lost 900,000 jobs in two months, which was magnitudes greater than what happened in the global financial crisis”: NAB chief Ross McEwan.

Exclusive

Paris Agreement

NAB chief ‘taking into account’ landmark climate report in oil and gas policy

by Charlotte Grieve

Fintech

Klarna shrugs off bank threat as it signs up A$AP Rocky as investor

by Clancy Yeates

A recent uptick in Australian residential mortgage bonds has come against the backdrop of a property boom.

Updated

IPO

‘Lists and sags’: Questions around PEXA’s $3.3b valuation

by Charlotte Grieve and Colin Kruger

by Cara Waters

At the moment, the main driver of bitcoin’s volatility seems to be Elon Musk’s tweets.

Entrepreneur

Bitcoin piggy bank flunks out as teaching tool

Online safety experts have warned a bitcoin product available to kids in Australia is of little educational value and exposes them to the volatile and unregulated world of cryptocurrencies.