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Corrections

Today

The imminent announcement of the supermarkets’ third-quarter results will focus on political pressure as much as sales figures.

Political brawls sweep the supermarket aisles

Supermarkets are once again an appealing target for politicians wanting to demonstrate their good intentions on helping consumers with cost-of-living pressures.

  • Updated
  • Jennifer Hewett

This Month

Taylor Auerbach outside the Federal Court in Sydney on Friday.

Seven paid for Lehrmann’s story. Now it is the story

The television network’s pursuit of an interview with the accused rapist has put its tactics on trial.

  • Aaron Patrick
Pauline Vamos says company chairs overstaying their welcome is styming diversity on boards.

Age, diversity on company boards plummets, gender stalls

There are more directors with an Anglo-Celtic background than seven years ago on the ASX 300, a new survey has found, and the average age of a director is creeping upwards.

  • Hannah Wootton

March

Damage inflicted on a manganese loading wharf after bulk carrier MV Anikitos crashed into it during Cyclone Megan on Groote Eylandt.

South32 scraps manganese guidance, Groote Eylandt faces power crisis

The future of one of the Northern Territory’s most valuable mining project is in doubt after Cyclone Megan ripped through it and threatened a power crisis.

  • Updated
  • Tom Richardson
BHP’s Nickel West operation in WA.

BHP cuts contractors at Kalgoorlie nickel smelter

The miner has stood down contractors on the Kalgoorlie nickel smelter and withdrawn plans to house 1000 workers in the regional city as staff wait to hear whether the 51-year-old asset will be mothballed.

  • Peter Ker and Brad Thompson
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Laurence Escalante built Virtual Gaming Worlds from the ground up. Its success has underpinned his near $4 billion fortune.

Laurence Escalante is living large off controversial gambling billions

At 42, he is one of the country’s youngest billionaires. But Virtual Gaming Worlds investors hoping for a big payday are increasingly concerned it may not come.

  • Updated
  • Primrose Riordan and Zoe Samios
Cettire shares fell sharply last week but on Tuesday after it flagged a new pricing model.

Cettire overhauls duties and returns policy to allay wary investors

The company will no longer disclose what customs charges are owed on goods at its online luxury marketplace, and has streamlined other customer features.

  • Carrie LaFrenz and Jonathan Shapiro
Artist’s impression of the Australian Education City in East Werribee, near Melbourne.

Mystery lender chases ex-PwC staffer for $30m debt from failed project

Bill Zheng and his Investors Direct Financial group were part of a consortium that proposed to develop the $30 billion Australian Education City near Melbourne.

  • Lucas Baird
Arafura Resources is aiming to have its Nolans rare earths project in  production before the end of 2025.

Rinehart-backed Arafura gets $840m in taxpayer aid for NT project

An $840 million package of loans and grants is the Albanese government’s biggest deployment of taxpayer funds to the struggling rare earths industry.

  • Jacob Greber and Peter Ker
No new wind turbines were built in the last year.

Investment in renewable energy slumps 80pc as 2030 target fades

The peak body for the renewables industry said the low level of commitments to new projects last year was due to grid bottlenecks and slow planning approvals.

  • Updated
  • Angela Macdonald-Smith

How Australia can get on with the job of tax reform

A real estate agent would describe our tax systems as ‘a renovator’s delight’.

  • Paul Tilley

February

Woolworths CEO Brad Banducci has been at the helm for eight years.

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
The London Olympic village, long before Grenfell changed the landscape.

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
Less that 80 per cent of students finish year 12.

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
Deputy chairman of Farmers for Climate Action and Farmer Charlie Prell on his sheep, cattle and wind farm in Crookwell, NSW.

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
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January

Pointsbet CEO Sam Swanell said the company was making more money from punters.

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
Ivan Vella has spent the past two years running Rio Tinto’s aluminium division from Montreal.

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
Ivan Vella has spent the past two years running Rio Tinto’s aluminium division from Montreal.

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
The NYC launch team at Kiki, a Blackbird backed start-up. Toby Thomas-Smith is centre, with a pretzel in his mouth.

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

Chalice managing director Alex Dorsch.

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