Latest
This delisted Sydney Swan is going to the Olympics
After his AFL dream was dashed by knee injuries at 19, Jackson Collins followed in his father’s footsteps kayaking for Australia at the Olympics.
- Gus McCubbing
Bombed out retailers stage comeback ahead of results season
There is plenty of pressure on household budgets, but retailers from Universal Store to shoe chain owner Accent Group say trading is picking up.
- Carrie LaFrenz and Joanne Tran
‘True giant’ Kevan Gosper, Olympic veteran and businessman, dies
The Olympic silver medallist, who was planning to go to next week’s Paris Games, gave Australia’s fledgling Olympic movement business-like governance.
- Michael Bleby
Mining boss calls for policy changes with more jobs in danger
The boss of WA’s peak resources lobby group says the Albanese government needs to step up to prevent more job losses.
- Brad Thompson and Tom Rabe
ANZ’s toxic trading-floor roulette spins out of control
The bank is engulfed in one of its biggest scandals after a sudden market move swung tens of millions of dollars out of its client’s favour. The client was the government.
- Jonathan Shapiro
Energy CEOs urge industry not to quit hydrogen dream
Australian businesses need to be smarter and work harder to overcome the cost hurdles in hydrogen, which has a strong future in some industries, CEOs insist.
- Angela Macdonald-Smith
Opinion & Analysis
What Guzman y Gomez can learn from the Domino’s disaster
Domino’s’ latest downgrade tells a story about long-term growth plans that investors in Guzman y Gomez should take note of.
Columnist
Fortescue’s hydrogen back-flip fails to become sugar hit it should be
One of the issues hanging over the miner is partly gone. So why aren’t fund managers jumping in? They may be more concerned by the company’s other big problems.
Columnist
Sydney’s toll road overhaul is set to target the rich
Drivers who live in some of the city’s priciest suburbs may pay extra, but the benefits of reducing fares on many of its other motorways will be worth it.
Infrastructure reporter
World’s biggest IPO has Australian flavour and implications
It might lack burritos, but we’re watching Lineage, a food storage play with Australian assets trying to secure a $30 billion listing.
Columnist
Companies in the News
Commonwealth Bank
Fortescue Metals Group
Westpac Banking Corporation
Updated: Jul 19, 2024 – 4.40pm. Data is 20 mins delayed.
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Featured
Liontown lithium supply test of faith for Tesla after BHP nickel halt
Nickel and lithium have had a rocky ride over the past 18 months. But the outlook cannot be wider for the biggest local players in each commodity.
- Brad Thompson
- Investigation
- Building Bad
Caught on film: How Setka and the CFMEU wield their power
Videos show John Setka delivering a suitcase message to a rival’s home, and other officials issuing threats and boasting of the union’s total control.
- David Marin-Guzman
- Investigation
- Building Bad
Bikies, underworld figures and the CFMEU takeover of construction
‘It’s a cancer that spreads ... we’ll all pay for it’: This is the investigation into CFMEU power that prompted union boss John Setka to quit.
- Nick McKenzie, David Marin-Guzman and Ben Schneiders
Yesterday
Has the CBA share price peaked?
After the Commonwealth Bank’s latest record, analysts and fund managers are wondering whether the hyper-rally in bank stocks can be sustained.
- James Eyers
Whitehaven Coal says inflation is ‘rife’
The coal miner says the cost of parts and services continues to rise despite higher unemployment, as a rail “glitch” soured its $6.4b move into Queensland coal.
- Peter Ker
Judge slaps $1m fine on ‘dishonest’ Dominique Grubisa
The self-styled wealth and property guru has also been banned from running companies for five years, and her DG Institute has copped a fine of $5 million.
- Max Mason
QIC coy on Thames Water stake as utility drowns in debt
The state-backed asset manager has not marked down its valuation of the embattled London investment, despite its largest shareholder writing it off entirely.
- Aaron Weinman
Prudential watchdog halves $1b Westpac penalty
APRA will slash its $1 billion capital penalty levied on the bank four years after it was first implemented.
- Lucas Baird
Top lawyers ‘name their price’ as competition runs hot
Major law firms are being forced to adapt their partnership structures as high-earning partners test their value on the open market.
- Maxim Shanahan
Ex-Allens lawyer sets up Australia’s first prison newspaper
The first edition of About Time was delivered to correctional facilities in NSW, Victoria, Tasmania and the ACT this month.
- Maxim Shanahan
America’s most powerful export may be anxiety
What if mental health cannot be separated from culture, and cultural forces are making young English-speakers unhappy?
- Derek Thompson
This Month
Ethical Partners to close, sells massive big blocks in ACL, NobleOak
Ethical Partners was the seller behind 10 per cent of ACL and just under 15 per cent of NobleOak traded by E&P Financial and Barrenjoey respectively on Thursday.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Workers’ rights law firm admits to underpaying staff $300,000
Prominent class action firm Slater & Gordon says there are “no excuses” for the underpayment which was due to a decade-long miscalculation of leave entitlements.
- Maxim Shanahan
Duncan Saville’s Somers eyes investment in Magellan-backed FinClear
It comes as FinClear, on Thursday, quietly opened a share sale to match buyers and sellers on its register, including employees and external investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Green hydrogen too ‘expensive and inefficient’: Finkel
Former chief scientist Alan Finkel – who devised Australia’s first clean hydrogen strategy – now says we are “unlikely to use hydrogen for storage of electricity”.
- Angela Macdonald-Smith, Peter Ker and Jessica Sier
New Quantum’s US backer prepares to call in receivers; sale tipped
The US-based VC investor is New Quantum’s primary financier and is in discussions with McGrathNicol, sources said.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Star was warned of lack of executive experience before NSW inquiry
A report from special manager Nick Weeks blames regulatory and financial pressure as reasons for a lack of good quality candidates on Star’s board.
- Zoe Samios
Albanese sticks to hydrogen despite Fortescue retreat
Andrew Forrest ditching plans to produce 15 million tonnes of green hydrogen by 2030 has sparked questions over the government’s climate policies.
- Andrew Tillett and Brad Thompson
Will Vicars and Caledonia are still deep in the red
Financial year results from the fund manager show a 6.3 per cent gain in the month to June 30. Elsewhere, it’s a sea of woe.
- Myriam Robin
Forrest says Element Zero execs burned bridges ‘like Nazis’
Fortescue chairman Andrew Forrest has distanced himself from surveillance tactics used against former employees, but fully supported the IP lawsuit against them.
- Peter Ker
- Opinion
- Chanticleer
What Guzman y Gomez can learn from the Domino’s disaster
Domino’s’ latest downgrade tells a story about long-term growth plans that investors in Guzman y Gomez should take note of.
- James Thomson
Blackstone pays $300m for minority stake in Symphony Infra Partners
The private capital giant is understood to have squared off against HMC Capital’s Julia Gillard-chaired Energy Transition Fund in the auction’s final round.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Fortescue’s hydrogen back-flip fails to become sugar hit it should be
One of the issues hanging over the miner is partly gone. So why aren’t fund managers jumping in? They may be more concerned by the company’s other big problems.
- Anthony Macdonald