This Month
- Exclusive
- Retail
Woolies CEO says shoppers want ‘value’ not ‘broader conversations’
After a bruising political bunfight over Australia Day merchandise, the Woolworths boss says shoppers want the retail giant to “focus on delivering value”.
- Carrie LaFrenz and Jemima Whyte
Aware Super’s UK property firm fights $35m cladding bill
Build-to-rent developer Get Living will appeal a tribunal’s ruling, warning that the decision could deter investment in the sector.
- Hans van Leeuwen
The rate of teens finishing year 12 is falling
The federal government is increasingly picking up the bill for schools as states and territories fail to meet funding agreements.
- Julie Hare
Moneymakers or wildlife killers? Communities at odds over renewables
Many farmers say they can coexist with renewable energy projects but some in rural and coastal communities are ramping up their opposition.
- Ben Potter and Cindy Yin
January
PointsBet is pushing out bonus chasers. Early signs show it’s working
The CEO of ASX-listed PointsBet says a dedicated cleanout of punters relying on inducements is improving performance.
- Zoe Samios
IGO ‘confident’ in new CEO Vella after Rio dismissal
IGO told the market on Monday morning the board had confidence in Ivan Vella after investigating his dismissal for handling confidential information.
- Updated
- Elouise Fowler
Rio Tinto sacks former head of aluminium division
Ivan Vella was sacked with immediate effect on Wednesday due to his “failure” to properly manage confidential information, Rio Tinto says.
- Updated
- Elouise Fowler
Male run Blackbird-backed start-up pivots to NYC ‘girl’s club’
Kiki co-founder Toby Thomas-Smith says his new female employee – Caitlin Emiko – has helped him realise some New York women are “living, not thriving”.
- Jessica Sier and Nick Bonyhady
December 2023
Ban short-selling in the ‘national interest’, Chalice boss pleads
Hedge funds targeting pre-revenue companies holds back Australia’s objectives in critical minerals, according to aspirant Chalice.
- Updated
- Peter Ker
Sacked Macquarie staffer alleges colleague touched her inappropriately
A former associate has alleged her colleague “clapped” her bottom at an event held at The Establishment in Sydney, leaving her “uncomfortable and embarrassed”.
- Lucas Baird
- Updated
- Critical minerals
Sacked CEO sues SolGold after boardroom stoush
BHP and Newmont’s struggling Ecuadorian copper play has hit more trouble, with former CEO Darryl Cuzzubbo filing a multimillion-dollar breach of contract claim.
- Updated
- Peter Ker
Dubai’s mysterious tower powers a city. The idea is coming to Australia
In the desert outside Dubai, there’s a solution to solar’s intermittency. And it’s headed Down Under.
- Hans van Leeuwen
‘Running start’: Rich world stumps up $680m for climate fund
The usually fractious climate summit scored an early success, and put an onus on the absent Albanese government to come up with a contribution.
- Hans van Leeuwen
November 2023
Oil boss lashes reports of side deals at COP28
Sultan al-Jaber angrily denies using diplomatic meetings to push business interests, as no-shows from top world leaders put the climate summit under pressure.
- Hans van Leeuwen
Brett Blundy defends CEO’s $30m pay as Lovisa gets third strike
The jeweller’s billionaire chairman vowed not to cut the chief executive’s pay. It reported a 6.2 per cent drop in sales in the first 20 weeks of the year.
- Carrie LaFrenz and Ayesha de Kretser
Disappointing Nuix kept quiet after $1.8b float
Nuix has been accused of misleading the market by not divulging a failure to meet financial targets presented during its $1.8 billion IPO.
- Jessica Sier
- Exclusive
- Investment banking
The analysts and sales desks investors love – and those they don’t
Some of the biggest Wall Street names slid down the rankings of a widely followed survey of institutional investors conducted by Peter Lee Associates.
- Updated
- Aaron Weinman
- Updated
- Earnings season
‘I don’t see pressure coming off’: NAB says mortgage war will continue
The bank lifted its cash profit by 8.8 per cent for the 2023 financial year but CEO Ross McEwan pointed to a “more challenging environment” in the second half.
- Updated
- Lucas Baird and James Eyers
Young developer to bring famed chef to Melbourne designer hotel
Calvin Huang is adding high-profile local and global brands to his Melbourne projects, including a new venue by Flower Drum founder Gilbert Lau and New York’s Eataly.
- Larry Schlesinger
John Kahlbetzer, from oil rigs to the Rich List, dies
German-born Kahlbetzer worked in the fossil fuel industry after arriving in Australia in his early 20s before his entrepreneurial flair built a vast fortune.
- Updated
- Brad Thompson
