Top four iron ore miner happy with early-year shipments
Fortescue shipped 49.7 million tonnes of iron ore in the last quarter, setting a new benchmark and underpinning a strong start to the financial year. The Perth-based miner is the…
Super Retail chair survives protest vote after scandal
Super Retail has revealed withholding performance-related bonuses worth more than $7 million from sacked boss Anthony Hegarty. The four-brand retail operator has been scarred by scandal in recent months, following…
Asia retreats on potential US trade curb against China
Asian stocks fell for a second day on Thursday as lacklustre earnings reports from tech megacap stocks deepened a selloff on Wall Street, while US sanctions against Russia and China…
Mining giant flags more jobs at risk due to coal taxes
More mining jobs could be on the chopping block if a state government refuses to tackle its unsustainable coal royalties regime, the head of Australia’s most valuable mining company says.…
Meta to lay off 600 employees from ‘sluggish’ AI unit
About 600 employees in Meta Platforms’ artificial intelligence division will be laid off as part of a wider effort to speed up decision-making and streamline operations. Meta chief AI officer…
Donald’s trillion dollar investment furphy. What’s the scam?
Hidden in full view in a press release by the White House this week was a “promise” for Australian superfunds to “increase investments in the United States to $1.44 trillion…
Controversial gas project extension sparks legal action
An energy giant has vowed to “vigorously defend” two legal challenges sparked by the controversial extension of Australia’s biggest gas project near ancient Aboriginal rock art. Woodside is set to…
How a platform became the go-to charity hub in crises
Years after his company became a crucial lifeline for Australian bushfire survivors, Tim Cadogan was holding a water hose as fire approached his door. A deadly Los Angeles wildfire that…
Wealthy superannuants win as Chalmers caves. What’s the scam?
Treasurer Jim Chalmers has announced Labor is backing down on the proposed tightening of the super tax for the very wealthy. What’s the scam? The scam is how the Labor…
China’s exports, imports top forecasts amid tensions
China’s export growth picked up pace in September, buoyed by manufacturers finding buyers in markets beyond the US as a tariff deal with President Donald Trump remained elusive while investors…