Latest
Queensland industries fear migration cut will worsen worker shortage
Slashing migration numbers risks compounding stretched workforces, Queensland industries warn.
- James Hall
- Exclusive
- Gaming & wagering
Brisbane developer emerges at centre of Star’s Hard Rock mystery
The Florida-based entertainment giant said it had not authorised its name for use, despite Star telling investors it had received a proposal.
- Updated
- Zoe Samios, Anthony Macdonald and Liam Walsh
Cost-cutting advisers the bright spot in professional services
Advisers are being increasingly asked to conduct cost-cutting programs, from upskilling and reducing staff numbers to digitisation and automation.
- Edmund Tadros
Barrenjoey up $21m and counting on Star
Wonders never case at Star Entertainment. Still, at least someone is making money.
- Myriam Robin
Four executives exit Bunnings amid ‘reshaping’ of top management
Bunnings managing director Mike Schneider has overhauled his top management team, but he says it’s not part of a cost-cutting blitz.
- Simon Evans
Lenders move on Adgemis’ El Primo Sanchez bar
The move comes amid debt refinancing negotiations led by major lenders to the dealmaker’s hospitality empire.
- Primrose Riordan
Opinion & Analysis
From euphoria to subsidies to kick-start the next great mining hopes
An Australian mining industry more used to being threatened by super-profit tax raids is being offered handouts to kick-start its way into the low carbon era.
Editorial
Prospect of Lendlease writedowns impossible to ignore
It’s hard to get a good price when trying to sell assets quickly and cleanly: that’s the juggle inside Lendlease ahead of Monday’s investor day, where writedowns are on the cards.
Columnist
Telstra’s biggest surprise isn’t its 2800 job cuts
Telstra boss Vicki Brady is sending a message to the market: the telco must lift returns on investment, and that means hard choices.
Columnist
Gas industry hawks its carbon credentials
Barrow Island and its inhabitants of kangaroos, perentie lizards and rare native fauna is also home to the world’s largest dedicated carbon capture and storage project.
Columnist
Companies in the News
The Star Entertainment Group
Wesfarmers
ASX Limited
Incitec Pivot
Updated: May 21, 2024 – 4.10pm. Data is 20 mins delayed.
Search companies
View stories and data from an ASX listed company
Featured
- Analysis
- Due diligence
ARN Media’s M&A record holds out for elusive win
After seven months, the dream of an ARN-Southern Cross combination fell apart. But if history is any guide, M&A has been a source of unease for ARN investors.
- Jemima Whyte
How the west’s miners won over Canberra
The production tax credits on critical minerals processing unveiled in the federal budget were the result of months of careful negotiations that started with a meeting in Perth.
- Brad Thompson
Brookfield’s Healthscope debt trap is a mess for everyone involved
The investment giant is bringing its punchy approach to restructuring – and tactics more often found in the US – to Australia as it works on the hospital group.
- Jemima Whyte
More From Today
- Opinion
- The AFR View
From euphoria to subsidies to kick-start the next great mining hopes
An Australian mining industry more used to being threatened by super-profit tax raids is being offered handouts to kick-start its way into the low carbon era.
- The AFR View
Billionaire MinRes boss hits back at Dutton
Chris Ellison says tax credits to help build a critical minerals industry that will be around for decades are of high value to Australia, and the Coalition is on the wrong side of history.
- Brad Thompson
Four listed fintechs say they’ll be smashed by credit report rules
Plenti, MoneyMe, Harmoney and Wisr allege major banks are conspiring against them by restricting access to crucial credit file data they use to price loans.
- James Eyers
- Opinion
- Chanticleer
Prospect of Lendlease writedowns impossible to ignore
It’s hard to get a good price when trying to sell assets quickly and cleanly: that’s the juggle inside Lendlease ahead of Monday’s investor day, where writedowns are on the cards.
- Anthony Macdonald
Airwallex Australia GM Luke Latham calls it quits
Latham only joined the money remittance start-up last June.
- Lucas Baird
Alcoa amends bid for Alumina to suit China’s CITIC
Alcoa has already secured the support of Alumina’s biggest Australian shareholder, Allan Gray, but No.2 shareholder CITIC remains elusive.
- Elouise Fowler
Zip’s Larry Diamond returning to Sydney, says US mission accomplished
Diamond says he heeded warnings from James Gorman, setting Zip onto a profitable path in the US, where he expects BNPL to keep winning share off credit cards.
- James Eyers
Better slot access at Sydney might have saved Bonza, says regulator
The ACCC warns that regional travellers risk being left behind by the entrenched duopoly of Qantas and Virgin Australia.
- Ayesha de Kretser
- Opinion
- Chanticleer
Telstra’s biggest surprise isn’t its 2800 job cuts
Telstra boss Vicki Brady is sending a message to the market: the telco must lift returns on investment, and that means hard choices.
- James Thomson
The takeover battle that could reshape Hollywood
The tussle for Paramount has been billed as the money men against the creatives, but the outcome may help decide who survives in the streaming era.
- Christoper Grimes, Anna Nicolaou and James Fontanella-Khan
ALS CEO gave up $6m bonus after backlash
The former chief executive relinquished up to $6 million in potential bonuses following a shareholder backlash against pay at the Brisbane-based testing giant.
- Liam Walsh
- Opinion
- Gas crisis
Gas industry hawks its carbon credentials
Barrow Island and its inhabitants of kangaroos, perentie lizards and rare native fauna is also home to the world’s largest dedicated carbon capture and storage project.
- Jennifer Hewett
James Hardie in $3.5b wipeout on weaker housing outlook
The share price slumped 14.8 per cent, with CEO Aaron Erter expecting volumes to fall by about 5 per cent in Australia in what he calls a “very challenging” market.
- Simon Evans
Lithium miners plead ‘foreign entity’ case to US over China links
Lithium miners like Mineral Resources reckon it would be counter-intuitive for their Australian mines to be labelled ‘foreign entities of concern’ by the US.
- Updated
- Peter Ker
JPMorgan’s equities desk crosses $187 million in ASX Limited stock
Sources said a pair of unnamed shareholders had sought to offload shares.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Mobile users face price rises as Telstra swings the axe
Customers could be hit with above-inflation price increases for mobile phone plans, as well as higher internet fees, as the telecommunications giant slashes costs.
- Updated
- Jenny Wiggins
Auditors failed to raise alarm before 75pc of UK corporate collapses
Audit firms failed to raise the alarm before three-quarters of big UK corporate collapses since 2010, raising concerns they are failing to perform one of their core functions.
- Simon Foy
- Exclusive
- Consulting
Accenture set to buy Partners in Performance
Consulting firm Accenture is set to acquire Partners in Performance, in the most significant consulting market deal in nearly five years.
- Maxim Shanahan
- Exclusive
- Income tax
ATO freezes former Young Rich Lister’s muscle cars, mansion
The flamboyant accountant Steve Di Petta, who has a penchant for Ford Mustangs, is facing allegations he and his wife owe the Tax Office over $3 million.
- Max Mason
Andrew Forrest’s Fortescue is now a software firm as well
Fortescue has signed a deal to sell software to Jaguar Land Rover’s electric vehicles, as the iron ore giant’s energy arm branches out in new directions.
- Hans van Leeuwen
