Latest
Lyft plans job cuts that may hit 30pc of staff in overhaul
The ride-hailing company is trying to slash costs in an effort to reach profitability and compete with rival Uber.
- Jackie Davalos
Deloitte to cut 1200 jobs in US amid slowdown in consulting
Growth in some “select practices” has moderated and Deloitte said it has decided to pare about 1.4 per cent of its US workforce.
- Matthew Boyle
Tesla investor group say distracted Musk is hurting EV maker
A group of 17 Tesla shareholders, who hold more than $2.2 billion of stock, said Elon Musk must be reined in.
- Dana Hull
‘Sugar hit’ of cheaper EVs to reach Australia soon
The Albanese government’s plan to introduce fuel efficiency standards is expected to result in a flood of new electric vehicles to Australia, even before legislation is passed next year.
- Updated
- Mark Ludlow
LIV golf poster boy Cam Smith omnipresent in Adelaide
Thousands of fans were in a line at least a kilometre long outside the one entrance gate when players teed off in the LIV Golf tournament in Adelaide.
- Steve Larkin
Star invested $1.3b in its Sydney casino, now it may have to sell it
This week, the battered gaming giant put on the table a possible sale of its flagship Sydney asset – a 28-year-old institution.
- Lucas Baird
Opinion & Analysis
Mortgage war means bank profits are peaking
Analysts expect a bumper interim earnings season for the big banks but warn the headline numbers belie tougher times ahead for investors.
Senior Reporter
Columnist Jessica Irvine quits journalism to join CBA
The prominent economics writer had earlier recorded a YouTube video for the bank without her editors being aware.
Sustainable aviation isn’t all it’s cracked up to be
The hard truth about the future of air travel is that we don’t have a viable green fuel.
Contributor
RBA change is coming, like it or not
There are 51 recommendations arising from the review of the central bank. Inevitably it will mean more people, more input, and more scrutiny.
Chanticleer columnist
Companies in the News
Westpac Banking Corporation
Woodside Energy Group
Commonwealth Bank
The Star Entertainment Group
AGL Energy
Updated: Apr 21, 2023 – 4.30pm. Data is 20 mins delayed.
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Featured
- Investigation
- Publishing
Inside Kerry Stokes’ world of influence
The media magnate has enjoyed almost-unparalleled influence in Australia’s west for decades.
- Mark Di Stefano and Max Mason
- Due Diligence
- Due diligence
NSW tax reprieve looks like long odds for Star
Any hopes that Labor will dramatically reverse course on its Coalition predecessors’ plan to increase casino taxes are misplaced.
- Lucas Baird
Japan Inc. ruins Labor’s carbon party
Labor was still celebrating its safeguard mechanism win when it was blindsided by an extraordinary attack from one of our biggest allies.
- Jacob Greber
Yesterday
Fox’s Dominion settlement | Last drinks at The Star | RBA shake-up
In this week’s episode, James Thomson and Anthony Macdonald examine who really won and lost in Rupert Murdoch’s giant legal battle, analyse the RBA review, and take a look at the disaster at The Star.
Anchorage Capital claims $43m from Scott’s
The private equity firm has made financial claims following the logistics group’s collapse but does not expect to get any money back.
- Jenny Wiggins
Lynas lobs 11th-hour attempt to overturn ban in Malaysia
The world’s largest producer of rare earths outside China will go to court next week to challenge the processing ban levelled by Malaysian authorities.
- Updated
- Elouise Fowler
This fishery looks to export ‘Penfolds Grange’ of abalone to the world
Brad Adams has captured the attention of fine diners in Hong Kong but he now hopes to export his sustainably grown greenlip abalone to the rest of the world.
- Gus McCubbing
Crikey claims win after Lachlan Murdoch withdraws defamation case
Crikey owner Private Media says the result is a victory for public interest journalism and free speech.
- Updated
- Sam Buckingham-Jones
‘Learning curve’: Musk’s Starship explodes after lift-off
It was the first time Starship was mounted atop the company’s new Super Heavy rocket booster, which SpaceX has touted as the world’s most powerful.
- Updated
- Kenneth Chang
- Exclusive
- Aviation
Qantas leadership hopefuls interviewed; decision expected within weeks
The airline’s chief financial officer, Vanessa Hudson, and Qantas Loyalty boss Olivia Wirth remain the favourites to succeed Alan Joyce as chief executive.
- Lucas Baird
- Analysis
- Big four
Mortgage war means bank profits are peaking
Analysts expect a bumper interim earnings season for the big banks but warn the headline numbers belie tougher times ahead for investors.
- James Eyers
Columnist Jessica Irvine quits journalism to join CBA
The prominent economics writer had earlier recorded a YouTube video for the bank without her editors being aware.
- Mark Di Stefano and Sam Buckingham-Jones
Whitehaven pushes ahead with smaller, swifter Vickery coal mine
The miner will start construction on a small version of its Vickery coal project in NSW by June in a bid to capture high coal prices while they last.
- Peter Ker
Comp day means more cuts for Jarden; IB team in the frame
Sources close to Jarden, however, say there are no plans for “mass exits”. Instead, there are now discussions about the viability of some positions.
- Sarah Thompson, Kanika Sood and Emma Rapaport
BuzzFeed staff, execs axed as news operation shut down
BuzzFeed is shutting its news operation, and business news publisher Insider is cutting about 10 per cent of its staff in the latest retrenchments for the digital-media business.
- Benjamin Mullin and Katie Robertson
BHP iron ore, nickel output slump
BHP has reported its weakest quarterly iron ore exports in two years as it also cut its nickel production target.
- Peter Ker
Citi worried about Woodside’s Scarborough as tough AGM looms
Concerns over the timing of the $16.5 billion project are building ahead of the annual meeting, where Woodside faces uncertain votes on pay and director re-elections.
- Angela Macdonald-Smith
Man who got $371k of tickets for $25k in airline error shares his tips
ANA said airfares were listed incorrectly on its Vietnam website due to an erroneous currency conversion. Here’s how you could benefit from a similar blunder.
- Danny Lee
NAB asked to reveal traders’ salaries in underpayment suit
The interlocutory application will be debated at a confidential hearing.
- Myriam Robin
- Opinion
- Aviation
Sustainable aviation isn’t all it’s cracked up to be
The hard truth about the future of air travel is that we don’t have a viable green fuel.
- David Fickling
This Month
How boosting female participation has paid off for this ag business
Consolidated Pastoral Company CEO Troy Setter says an emphasis on gender equality has been a big part of arresting staff turnover.
- Agnes King
How a culture of care proved a success
Afea Care Services prides itself on its whole-of-person approach to organisational culture.
- Alexandra Cain
How fronting staff helped this CEO find success
The CEO and co-founder of CreditorWatch says he is committed to creating a “fantastic workplace culture”.
- Mark Eggleton
