Budget to reveal state’s big debt recovery mission
One question and one question alone will dominate Tasmania’s budget day. Having pledged to tackle the state’s spiralling debt, how will the government do it? This question has dominated Tasmania’s…
Samsung union suspends strike as tentative deal reached
Samsung Electronics’ union says it will suspend a planned strike after the two sides reached a tentative pay deal, potentially averting action that threatened to disrupt the production of AI…
Australia’s mining sector burning through more diesel
Australia’s mining industry is using a quarter more diesel than it did four years ago just to achieve the same output, despite fuel shortages crippling the nation. Every major Australian…
Australia’s mining sector burning through more diesel
Australia’s mining industry is using a quarter more diesel than it did four years ago just to achieve the same output, despite fuel shortages crippling the nation. Every major Australian…
Whistleblower out. Cricket Australia investigates ‘contracts-for-mates’ affair
Cricket Australia has launched an internal investigation into a $600k cloud deal as whistleblower pays heavy price. Joel Jenkins reports. Cricket Australia has confirmed it is conducting an ‘independent review’…
Surging lithium price prompts mines to restart, M&A
Shuttered lithium mines are restarting production and merger and acquisition activity is picking up as the price of the key component in portable electronics rebounds. Core Lithium on Wednesday announced…
Australian shares dip as global bond rout continues
Australian shares have resumed their journey lower, as inflation concerns fuelled by the Middle East energy crisis underpin a global bond sell-off and weigh on investor confidence. The S&P/ASX200 fell…
“Enhanced sustainment.” Collins Class subs to fight on – the true Budget hit
Buried (or sunk) in last week’s Federal budget was another $6 billion to be spent extending the life of the Collins Class submarines. But as Rex Patrick explains, we’ll be…
Samsung strike to disrupt supply of semiconductors
Samsung Electronics’ management and its labour union have failed to reach a deal, setting the stage for 48,000 workers to walk off the job. The strike starting on Thursday threatens…
Former Rex boss admits misleading profit message
The former boss of regional airline Rex has admitted misleading investors by claiming the board was optimistic about delivering a profit, months before the carrier handed down a multi-million dollar…