Recent News
ASX falls as banks, tech stocks decline; CSL names new chair
The Australian sharemarket has declined at the open after oil prices rose over the weekend, ratcheting up pressure on markets across the globe.
AI darling NextDC announces board and pay purge after Melbourne power disaster
The data centre group will lose its chairman, other board members will take a pay cut and the CEO will lose all of his bonuses this year in response to last week’s disastrous downgrade.
The feud threatening the $88 billion Ray-Ban family fortune takes a twist
Behind the sleek sunglasses and effortless glamour inextricably linked with the Ray-Ban name lies a messy family feud that is anything but stylish.
Judgment day looms for Star casino as court decides size of fine
The gaming operator will find out how big a penalty it faces for multiple money laundering breaches. Investors will find if the company can afford to pay.
ASIC won’t sue Super Retail board over scandal that led to CEO’s sacking, says company
The retail group behind Rebel Sport and Supercheap Auto will face shareholders this week amid fresh questions about the alleged relationship between two top executives and the continuing fallout for investors.
Squeeze into those skinny jeans: Millennial culture is back
A tech-powered 2000s revival represents the biggest nostalgia boom yet.
Slow Horses and Tenzing producer promises more underdog stories after French sale
Australian-British production company See-Saw Films has big plans after French entertainment giant Mediawan bought 51 per cent last year.
‘Final piece of the puzzle’: Western Sydney Airport opens for business
The first domestic Jetstar flight has departed Sydney’s new airport as the low-cost carrier bets big on Australia’s first new major airport in 50 years.
Big W has spent more than a decade in Kmart’s shadow. Can it pull off a comeback?
The discount retailer has been outpaced and outperformed by its much larger, more successful rival for years but is aiming for a turnaround.
‘Slow burn’: Western Sydney Airport’s real challenge awaits after launch
A lot of what happens next for Sydney’s newest airport depends on how much underlying demand is not being met by capacity-constrained Sydney Kingsford Smith.
The gym junkie tech boss whose company sustained a $3 billion wipeout
The fortunes of data centre business NextDC took a massive dive this week when its massive expansion plans hit a power pole in suburban Melbourne.
The prince’s bet on Trump is blowing up in his face
Saudi Arabia’s crown prince Mohammed bin Salman made a few big gambles as he rose to power, including one on Donald Trump.
ASX Runners of the Week: Energy Technologies, RAS Tech & Tambourah
The Bulls N’ Bears ASX Runner of the Week is… Energy Technologies, after it inked a potential US$10 million deal with an Israeli defence giant for its next-gen laser technology smart glasses.
Eddie McGuire no longer hosting a footy show on Nine
McGuire has been a central figure of AFL coverage on Nine for decades but won’t have an on-screen footy role for the network in 2027.
Cap Raise Crucible: Gold books, big fees and bruised punters
Argonaut led $225m of gold raisings; however, Wiluna plunged 22.3%. With eight of our ten featured stocks underwater, brokers’ fees and options stole the Cap Raise Crucible spotlight.
Big Hits: Rapid Critical Metals, Benz Mining, Encounter Resources
Big Hits looks at notable drill intercepts reported to the ASX this week, led by Rapid Critical Metals in NSW, with runners-up Benz Mining and Encounter Resources in WA.
‘Watch out, I’ll wait for you outside’: Aldi repealed self-serve checkout policy that fuelled abuse, threats
Aldi has repealed its policy of mandatory bag checks that became a lightning rod of frustration for shoppers and staff.
Flagship sweetens Chilean copper deal with 50% price cut
Flagship Minerals has sweetened the terms of its high-grade Rosario copper project acquisition in Chile, extending its option and halving the final payment to US$1 million.
NextDC boss Craig Scroggie goes viral with gym video
NextDC boss Craig Scroggie has been very public about his extreme diet and exercise regime.
Golden Dragon drills for gold beneath 3km WA anomaly
Golden Dragon has kicked off drilling on a 3km-long gold anomaly at its Cue project in WA’s Murchison, following auger results that appear to link four prospects.
Shares end week down as oil price, AI doubts hit miners
Australia’s sharemarket has snapped a three-week winning streak after surging oil prices and tremors in the artificial intelligence narrative hammered resource stocks.
I spent thousands on a ‘potentially dangerous’ marathon. I’d do it again
I fell short of my goal and blew my budget. But here’s how joggers like me are keeping the economy running.
Collingwood’s The Vine Hotel looking for new owner in $4m sale
The last of the Melbourne pubs embroiled in the spectacular collapse of Jon Adgemis’ Public Hospitality Group is up for grabs.
Catholic Church seeking $18m windfall for inner west uni site
The Catholic Church is testing the market with a heritage sale, while the White Fox online business “glows up” from being a tenant to landlord.
How the News Corp tabloids lifted Seven’s harrowing exclusive
News Corp outlets were lightning fast in reporting the attack on Helen Haines after 7News Melbourne broke the news. How did they confirm it so quickly?
The men at work call each other ‘mate’. Why does it make me uncomfortable?
I think your nagging concern about this situation is something felt by many people at work, especially when they know their colleagues are not being malicious.
‘Incredibly disappointing’: Snowy 2.0 cost blows out to $25b in biggest setback yet
The cost of the Commonwealth government’s Snowy 2.0 mega-project has exploded from an estimated $6 billion to $25 billion.
ASX retreats as energy shares slump; Nick Scali tanks; Westpac axes jobs
The Australian sharemarket declined on Thursday, as shares in furniture retailer Nick Scali plummeted after a profit warning.
If you feel like everything’s falling apart, you’re probably right
Trump’s erratic White House, Putin’s aggression, China’s mercantilism, globe-affecting wars, rising debt levels and skyrocketing costs of living – it’s one toxic global cocktail.
Zenith bid goes unconditional as Forrestania builds WA gold stockpile
Forrestania Resources has declared its Zenith Minerals takeover bid unconditional, clearing the decks for a bigger WA gold business as it snaps up 400,000 tonnes of ore feed from Star Minerals.
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