Today
Qantas, Airbus and Idemitsu tip in for sustainable fuel play Jet Zero
In all, the funding gives the company a valuation of about $100 million, sources close to the raising said.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Virgin set to follow Qantas in raising fares
Airlines are increasing airfares as domestic demand remains robust and both carriers chase margin growth.
- Ayesha de Kretser
- Opinion
- Chanticleer
Sydney toll agreements still stuck in coins era
If NSW is serious about rethinking Sydney’s toll roads, you can bet motorists (and voters) will be happy to see it put a bit of heat on Transurban.
- Anthony Macdonald
- Exclusive
- Aviation
Investors’ scepticism grows as Qantas management sells strategy
The airline’s chief executive, Vanessa Hudson, faces her most significant test since taking the top job as she leads discussions with shareholders and brokers.
- Kylar Loussikian and Ayesha de Kretser
Half of $195b toll hit on Sydney drivers will come from WestConnex
Excerpts of a review into NSW toll roads shows drivers will be slugged $195 billion by 2060, but major roads remain clogged at peak hour.
- Nick Bonyhady
This Month
Polestar quits lobby group as car wars rev up
The Chinese-owned EV maker says the national motoring body has been eroding community trust in the proposed emissions standards.
- Simon Evans and Tom McIlroy
- Updated
- Carbon challenge
Tesla sparks split on fuel standards
Tesla will make about $200 million by selling credits to other car makers under proposed vehicle efficiency standards.
- Phillip Coorey and Simon Evans
Albanese’s car emissions scheme raises concerns for Thai PM
A US expert who worked closely with GM on emissions says the Australian scheme is the most “aggressive” in the world and some fine-tuning is required.
- Phillip Coorey, Simon Evans and Tom Rabe
Thai PM wants Australia to slow car emissions plan
The Thai government says Prime Minister Srettha Thavisin urged Anthony Albanese to slow rollout of new emissions standards, but Australia insists the issue was not raised at ASEAN in Melbourne.
- Updated
- Phillip Coorey and Simon Evans
Australia’s most expensive ute importer says Bowen ‘kidding’ himself
The boss of Ateco Automotive, which distributes RAM utes, LDV and Renault, says the federal government is ignoring the demand side of the equation in its emissions plans.
- Simon Evans
Virgin Australia records higher revenues, warns of headwinds ahead
The airline’s chief executive, Jayne Hrdlicka, did not provide additional detail about why was leaving the company later this year.
- Ayesha de Kretser
GIP hangs up for-sale sign at Pacific National; mandates banks
Street Talk understands GIP has mandated JPMorgan’s bankers to find a buyer keen for a slice of its 50 per cent stake in Pacific National.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Qantas’ sunrise dream faces cheaper ultra long-haul competitor
Turkish Airlines is pursuing a different strategy to take Australians direct to Europe, which is likely to be much cheaper than Qantas’ long-haul project.
- Ayesha de Kretser
- Analysis
- Cars
The 20-year, multibillion inheritance feud dividing the Fiat dynasty
Gianni Agnelli’s daughter Margherita signed a document in 2004 that has spurred lawsuits and set her against her three eldest children.
- Silvia Sciorilli Borrelli
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
Apple cancels work on electric car, ending decade-long effort
The decision, which Elon Musk welcomed, means the iPhone maker is abandoning one of the most ambitious projects in its history.
- Mark Gurman
Sales about to spike for gas-guzzling utes, hybrids under gun
Two big ASX-listed car dealership groups are worried about proposed emissions standards, as the FCAI warns most hybrid vehicles will be hit hard.
- Simon Evans
Brambles signals golden times over as CHEP rivals step up
CEO Graham Chipchase says an unwind of pallet hoarding by retailers has occurred faster than expected, as rivals move to pick off some of its business.
- Simon Evans
The Super Bowl party that paralysed the nation
It reveals the brittleness of Airservices’ operations, vulnerable as they are to every tipple and sniffle.
- Myriam Robin
Qantas upgrades capex bill, pinning returns on new planes
The airline will reward shareholders by extending its buyback, as CEO Vanessa Hudson ramps up spending to woo customers.
- Updated
- Ayesha de Kretser
