Business

ASIC is widening its lawsuits over the failure of the First Guardian investment fund.

ASIC sues super trustee over First Guardian collapse

In a widening series of lawsuits over the collapse of First Guardian and the Master Shield Fund, the Australian Securities and Investments Commission claims Diversa did not conduct adequate due diligence.

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RBA Governor failed to push back at suggestions the cash rate could climb to 4 per cent in 2026.

RBA might be kicking the inflation can down the road

TOM RICHARDSON: RBA Governor failed to push back at suggestions the cash rate could climb to 4 per cent in 2026 in a horror outcome for mortgage borrowers.

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The price Aussies will pay to top up their UK pension is changing. But does the deal still makes sense, even with the higher rate?

Do rule changes still make ‘buying’ a UK pension worth it?

Big changes to accessing the highly lucrative UK State pension will have a dramatic impact on its attractiveness to Aussies making use of the scheme. But does the deal still stack up?

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RBA Governor Michele Bullock.

‘No cut on the table’: RBA chief hints at rate hikes in 2026

Michele Bullock has revealed a rate hike was discussed for 2026, after the Reserve Bank left interest rates on hold at its final meeting for 2025. NAB says a February hike is now a real possibility.

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Bapcor is behind the Autobarn, Burson, Autopro and Midas brands.

Autobarn owner takes a hammering on gloomy profit outlook

Bapcor shares have been hammered after the Autobarn owner issued its second profit downgrade in less than two months following ‘weaker trading performance in October and November’.

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RBA Governor Michele Bullock during a press conference on Tuesday following the decision to keep interest rates on hold at 3.6 per cent.

No Christmas cheers as RBA ends year on hold

Michele Bullock has slammed the door shut on further mortgage relief, admitting the Reserve Bank is “uncomfortable” about inflation as it held interest rates steady on Tuesday.

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Lynas' Malaysia processing plant in Pahang. Lynas Rare Earths

How Japan built a rare-earth supply chain without China

The 15-year effort by Japan is a model for countries now scrambling to reduce their dependence on Beijing’s critical metals.

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AI is taking over Christmas shopping.

AI is taking over Christmas shopping — and changing retail

THE ECONOMIST: AI is quietly taking over Christmas shopping — from picking gifts to reshaping how big retailers sell.

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President Donald Trump has pledged to ‘be involved’ in the regulatory fate of a transaction that could reshape the news and entertainment industries.

Trump in middle of Netflix and Paramount’s Warner fight

The US President has shattered norms by pledging to ‘be involved’ in the regulatory fate of a transaction that could reshape the news and entertainment industries.

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TPG customer dies after triple-0 outage.

Another death linked to triple-0 connection fail

Another death has been linked to a triple-0 fail after a customer could not use their Samsung phone to call the emergency line.

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Charif Kazal during his ICAC case in 2011, which he has since taken to the UN Human Rights Committee.

Calls for Australia’s UN expulsion after ICAC failure

A legal team for Charif Kazal made the bold call after the Albanese Government refused to apologise and compensate the Sydney businessman over a corruption finding brushed by prosecutors.

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US President Donald Trump has given the green light to sell some Nvidia AI chips to China.

Trump announces US-China Nvidia AI chip deal

US President Donald Trump says he has spoken with China’s President Xi Jinping to confirm a huge deal for AI chips.

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Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday.

Paramount launches rival bid for Warner Bros Discovery

Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday.

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It is predicted to take 12 years for wages to catch up with cost-of-living pressures. NewsWire / Nicholas Eagar

Decade-long wait for wages to recover from cost-of-living crisis

A brutal forecast has spelled out more financial pain for the country, with a decade-long wait for Aussie workers’ wages to return to their pre-Covid value.

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