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Cettire founder Dean Mintz selling 7.2pc via Barrenjoey
Dean Mintz, the founder of discount luxury retailer Cettire, was selling 7.2 per cent of the company on Friday evening.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘Commercial negotiation’ behind Rozelle Interchange traffic meters
The operational agreement behind “ramp meters” that slow cars passing through Sydney’s controversial $4 billion Rozelle Interchange will not be made public.
- Jenny Wiggins
AFR pair nominated for journalist of the year award for PwC scoop
Neil Chenoweth and Edmund Tadros have been named as finalists in the Graham Perkin Journalist of the Year award for their big story on the PwC tax scandal.
Global lithium producer signals price rout has ended
Chinese appetite for electric vehicles has outstripped expectations, boosting optimism of a lithium price rebound and spurring bets from investors.
- Elouise Fowler
More than 40,000 seats to be filled at NRL’s big Las Vegas bet
The NRL is days away from an audacious play in Las Vegas. The Aussies have flocked in – but landing a new American fan base is the key.
- Zoe Samios
Eraring closure ‘tall order’ as plant underpins supply in heat spike
The country’s largest coal power generator is scheduled to shut in 18 months as negotiations between its owner, Origin Energy, and the NSW government drag on.
- Angela Macdonald-Smith
Opinion & Analysis
Meta opts to fight the type of journalism it once lauded
The company behind Facebook and Instagram had its best quarter in Australia ever. It’s decided to put more value in the latest viral meme than quality content.
Media and marketing reporter
Coles takes the lead. What will Woolworths pull up next?
Woolworths’ sales growth has dropped below that of Coles, prompting analysts to suggest it might need to act to improve price perceptions.
Columnist
Ramsay shows belts are tightening on new investments
Ramsay Health Care has lifted its hurdles for new investments. Investors want to see more.
Columnist
Chanticleer’s good, bad and ugly of reporting season
Spectacular share price moves, political anger, earnings beats – the February profit season has had it all.
Contributor
Companies in the News
Coles Supermarkets
Woodside Energy Group
Commonwealth Bank
Westpac Banking Corporation
Woolworths
Updated: Mar 1, 2024 – 4.40pm. Data is 20 mins delayed.
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Featured
- Analysis
- Due diligence
Telstra dials up cost cuts as big business puts it on hold
Almost a year into running the telco, chief executive Vicki Brady needs to quickly tackle poorly performing businesses before they become too much of a drag on profit.
- Jenny Wiggins
Everything you need to know about the ANZ/Suncorp Bank decision
On Tuesday, the Australian Competition Tribunal will decide if the $4.9 billion deal can be done. Whichever way it goes, the ramifications will be significant.
- James Eyers and Liam Walsh
- Investigation
- Mining
The country’s most secretive billionaires are about to get much richer
Angela Bennett never wanted the family business. The daughter of prospector Peter Wright almost sold it all. Now it’s about to become a bonanza.
- Primrose Riordan and Tom Rabe
Yesterday
- Analysis
- Media & marketing
Meta opts to fight the type of journalism it once lauded
The company behind Facebook and Instagram had its best quarter in Australia ever. It’s decided to put more value in the latest viral meme than quality content.
- Sam Buckingham-Jones
Platinum punished by big tech stocks, but cost controls push up shares
New chief executive Jeff Peters says all options are on the table to fix the battling group that has failed to match the returns of a surging market.
- Jonathan Shapiro
Mortgage stress rates hit fastest pace in at least two years
Some non-bank lenders say they are allocating more investor loans, where delinquencies are lower, into their residential mortgage-backed securities issues.
- Lucas Baird
It’s war - Meta pulls out of news deal
Prime Minister Anthony Albanese blasted Facebook owner Meta’s announcement it would stop paying news publishers, saying it was “not the Australian way”.
- Sam Buckingham-Jones and John Kehoe
Buy now, pay later is pulling off the improbable – a comeback
Block and Zip valuations are rising as peak interest rates pass. Klarna is considering listing in the United States. Is the sector’s winter finally over?
- James Eyers
Australia Post CEO faces political backlash over closures
Chief executive Paul Graham warned that despite the first “green shoots” of last year’s postal shake-up, more branches needed to shut to avoid future losses.
- Patrick Durkin
- Updated
- Media & marketing
Southern Cross’ big shareholders in push to oust board and executives
Chairman Rob Murray has defended his side’s handling of a takeover offer from rival ARN Media, and says ARN is not sharing critical information.
- Updated
- Sam Buckingham-Jones
BHP puts former NAB boss Ross McEwan into chairman race
The miner’s current chair, Ken MacKenzie, is in his seventh year in the position, with the company observing an informal policy of limiting terms to nine years.
- Peter Ker
‘Radio silence, on hold for hours’: How insurers treat their watchdog
Justin Untersteiner helps run the Australian Financial Complaints Authority. But that didn’t stop him getting “radio silence for months” and being kept “generally on hold for 2½ hours” when he tried to claim.
- Liam Walsh
Human resources giant Hudson shops tech platform; Record Point tapped
Hudson, one of the largest human resources firms in Asia Pacific, is ready to jettison its talent technology platform.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Biden calls Chinese EVs a national security threat
A Commerce Department investigation is the first of a range of policy responses to stop low-cost Chinese electric vehicles from flooding into the US.
- Jim Tankersley
February
BlueScope considers tilt at South32 mines to pre-empt $2.5b sale
The move could reunite the Illawarra coal mining and steel assets that were once owned by BHP. South32 has agreed to sell the mines to an Indonesian group.
- Elouise Fowler and Peter Ker
Wayne Swan sinking in ASX sand
The former treasurer’s small-cap sand miner commits a classroom M&A snafu.
- Mark Di Stefano
Activist shareholder opposes re-election of Woodside chairman
The Australasian Centre for Corporate Responsibility says Richard Goyder has been “persistently unresponsive” to concerns about Woodside’s performance on climate.
- Updated
- Angela Macdonald-Smith
Tasmania’s ABEL Energy preps raise for $1.7b green fuels project
The Bell Bay Powerfuels project wants to ship 300,000 tonnes of “green” methanol production annually, starting in 2028.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Ramsay Health Care warns of hospital closures as costs blow out
The country’s largest private hospital group said at least 16 rival facilities had shut in the last year and called for more funding from health insurers.
- Simon Evans
Harvey Norman sales crunched but retailer bullish on outlook
Revenue in Australia has begun to rise as renovations and home building increases, the country’s largest whitegoods and furniture retailer said.
- Updated
- Carrie LaFrenz
- Opinion
- Retail
Coles takes the lead. What will Woolworths pull up next?
Woolworths’ sales growth has dropped below that of Coles, prompting analysts to suggest it might need to act to improve price perceptions.
- Sue Mitchell
- Opinion
- Chanticleer
Ramsay shows belts are tightening on new investments
Ramsay Health Care has lifted its hurdles for new investments. Investors want to see more.
- Anthony Macdonald
Fletcher Building anoints sell-side adviser for Tradelink
The construction company, which trades on both the New Zealand and Australian stock exchanges, has appointed Miles Advisory to oversee the process.
- Sarah Thompson, Kanika Sood and Emma Rapaport
