Business

Faithful hail King Ellison, but what else is still to come?

For all the damage his personal dealings have inflicted on Mineral Resources’ shares, Chris Ellison still has his supporters. But you have to wonder just how much the board is still keeping up their sleeves.

What Jim Chalmers is really doing with Future Fund changes

JACKSON HEWETT: The Treasurer has sprung an impressive three-card monte on voters in his bid to slip his fingers into the Future Fund. The reality is, it screams of a desperate electoral cash splash.

Why Jim Chalmers’ cost-of-living claims are only partly true

DAVID KOCH: Federal Treasurer Jim Chalmers reckons the Albanese Government’s policies aren’t contributing to the cost-of-living crisis. Let’s fact check that statement.

Glimmer of hope in fight against cashless society

Cash is no longer king and some want it gone, but a small glimmer of hope may help keep it around for longer.

New profit threat for Australia’s largest footwear retailer

Sales at the company behind The Athlete’s Foot, HypeDC and Platypus lifted at the start of the financial year, but the nation’s largest footwear retailer warns margins are being squeezed.

‘Really great’: Coles CEO praises competitor supermarket

Chief executive Leah Weckert has laid praise on one of its biggest competitors, spruiking their ‘unique products’ as both Coles and Woolworths face an ACCC enquiry.

Why major bank believes RBA is waiting too long to cut rates

One of the big four banks has warned that the RBA may be waiting too long to cut interest rates, joining a growing club of commentators expecting no move until May.

‘Death by LLM’: AI leaves a trail of online destruction

The first casualties of generative AI offer lessons for other businesses. 

‘We need it’: Chalmers hits back at nest egg controversy

Treasurer Jim Chalmers has hit back at accusations that a planned overhaul of the $230 billion Future Fund will compromise the body’s independence or force it to underwrite pet government projects.

Supermarkets slug families with higher prices for ‘loose’ produce

Supermarkets are fuelling Australia's plastic pollution by charging more for loose produce than those that are plastic-wrapped.

Treasurer insists he’s ‘modernising’ $230b Future Fund

Treasurer Jim Chalmers has defended changes to Australia’s $230 billion Future Fund, saying it’s his job to ‘improve it’.

RECAP: Everything you missed from a tense MinRes AGM

Billionaire Gautam Adani on fraud bribery charges

Gautam Adani, the chair of India’s Adani Group and one of the world’s richest people, has been indicted on charges related to a massive bribery and fraud scheme.

Murdoch family survives push to loosen grip on media empire

News Corp investors have rejected a proposal to eliminate the voting structure that allows the Rupert Murdoch’s family to keep a vice-like grip on his media empire.

Resolute CEO and two execs released by Mali junta

Three Resolute Mining workers— including chief executive Terry Holohan— have been freed by the ruling military junta in Mali after the gold producer stumped up a massive tax demand.