Business

THE WASHINGTON POST: The knee-jerk reaction to DeepSeek is a stark reminder that innovation is ever-present and can quickly change the course of the market, especially when it comes to nascent tech.

Westpac is expecting inflation to worsen as electricity rebates are phased out. Chief economist Luci Ellis has revealed what it would take to see the Reserve Bank of Australia raise interest rates again.

Strong copper, iron ore, lithium and gold prices have seen BHP top CBA’s market value, with number two miner Rio Tinto also closing in on Australia’s largest bank.

The US-listed Steel Dynamics has defended the $13 billion offer, rejected the target’s knockback as “very disappointing” and challenged the Australian group to come up with a superior alternative plan.

Jewellery retailer Michael Hill is tipping a double-digit jump in half-year earnings, with margins steady despite record gold and silver prices.

Outgoing ASIC chairman Joe Longo says Australians must be taught to understand investment risk better, rather than rely on the regulator to control the democratisation of the investment landscape.

THE ECONOMIST: AI could indeed wreak havoc in the white-collar workforce. But rather than make such jobs less lucrative — let alone redundant — it is likelier to reshape them. 

Canada's Prime Minister Mark Carney has played down Donald Trump's threat to impose a 100 per cent tariff on goods imported to the US from Canada.

DAVID KOCH: It’s that time of year again. But there are ways to soften the financial blow of getting kids back to school.

BHP is escalating an appeal against a landmark Fair Work Commission ruling to the High Court, claiming the precedent that has been set will “drag” down productivity across the mining industry.

More than 70 DroneShield employees are being showered with another windfall, poised to rake in $41 million of free shares as lucrative revenue-linked stock rewards keep delivering.

DIMITRI BURSHTEIN & PETER SWAN: Australia doesn’t need lectures from debt-laden, high-taxing, bureaucracy-loving Europe on how to run its economy.

Myer is overhauling the fashion department at all its stores in a move their boss hopes will entice younger customers.

THE ECONOMIST: The Apple-Android duopoly is under attack from OpenAI, Meta and Amazon.

Gold has extended a record-breaking rally as chaos sowed by the erratic policy making of US President Trump encouraged investors to seek safety in the precious metal.