Business
Companies
Lachlan Murdoch hosts Albanese, Dutton, billionaires amid real-life succession drama
The chair of News Corp and Fox Corp hosted an event celebrating the 60th anniversary of The Australian on behalf of his 93-year-old father, Rupert Murdoch.
- by Calum Jaspan and James Massola
Latest
Updated
Media & marketing
The Age and SMH staff to strike after pay offer rejected
Staff at The Sydney Morning Herald, The Age and The Australian Financial Review will down tools for the first time since 2017 after last-minute talks and an improved pay offer failed to deliver a resolution.
- by Calum Jaspan
Opinion
Media & marketing
Rupert Murdoch’s attempt to rule from the grave is stranger than fiction
Through the decades, the media billionaire has been no stranger to taking risks – but this latest roll of the succession dice is next level.
- by Elizabeth Knight
Royal family gets financial boost from offshore wind and palaces
Profits at the Crown Estate doubled thanks to offshore wind deals, while visitors to royal palaces are almost back to pre-pandemic levels.
- by Stephen Castle
Forrest’s Fortescue boosts spending to keep green hydrogen dream alive
Mining giant says it will lift spending on its green energy division this year despite setbacks tempering its ambitious green hydrogen targets.
- by Nick Toscano
The ‘secret battle’ over the future of the Murdoch empire
Rupert Murdoch is locked in a legal battle against three of his children over the family’s media empire, according to a sealed court document obtained by The New York Times.
- by Jim Rutenberg and Jonathan Mahler
Exclusive
Competition
The bank threat that killed off competition in Australia’s $800b property monopoly
The country’s major banks were sent a letter from Australia’s electronic property settlements giant PEXA in December, a move that proved decisive in delaying the launch of its rival Sympli.
- by Colin Kruger
Lithium boss says prices for Australia’s ‘white gold’ may have bottomed
Australia’s largest independent lithium miner is preparing to boost output of the electric battery metal, even as prices languish around three-year lows.
- by Nick Toscano
Opinion
Aviation
How Flight Centre’s news on falling airfares became Qantas’ problem
As international airfares continue falling from the highs reached after COVID-19, aviation profits should settle to more normal sustainable levels.
- by Elizabeth Knight
Opinion
Sharemarket
Betting on autonomy: Investors are waiting for Tesla’s future to arrive
The electric carmaker’s latest earnings have again missed expectations. It’s time for Elon Musk to keep his promise to turn the company into more than what it is today.
- by Stephen Bartholomeusz
How the ‘godfather of the Olympics’ made his $289 billion fortune
Bernard Arnault’s company has been the face of luxury for the wealthy for decades, and now it is taking centre stage during the Paris Games.
- by David McHugh and Thomas Adamson