Rio Tinto will share the windfall of its copper bonanza with shareholders after reporting a massive surge in first-half net profit that was underpinned by production growth of the red metal.
Nvidia’s fresh round of AI infrastructure deals are accelerating a streak of investments that sceptics warn is artificially inflating demand and valuations across the industry.
Myer boss Olivia Wirth says the department chain saw a ‘material downturn in consumer sentiment’ at the end of the financial year that has carried over into July.
Australia could potentially escape Donald Trump’s new 12.5 per cent tariffs by changing Australian law on imported goods made with slave labour, a leading trade expert says.
The escalating conflict in the Gulf has sent oil prices upwards, fanning fears of inflation, while Alphabet, Intel and Tesla earnings are expected this week.
Oil is climbing as the US and Iran trade attacks in the Gulf, choking the Strait of Hormuz and rekindling inflation risks, while share markets slide in Asia.
The International Monetary Fund has downgraded its outlook for the world economy but remains optimistic that fallout from the Iran war is being offset by AI and new technology.
Australian home borrowers are likely to cop another interest rate hike by Christmas as uncertainty in the Middle East keeps inflation higher for longer.
Many High Growth super funds delivered returns in excess of 10 per cent in financial year 2026, ahead of historical averages in part thanks to their exposures to international shares.
THE ECONOMIST: Not long ago Hong Kong was declared dead by some financial commentators, and ready for embalming. But it is now finding a path back from the afterlife, with pensive cats to guide the way.
Australia’s biggest KFC operator Collins Foods says it is well prepared to mitigate any supply disruptions from the worsening bird flu outbreak across two States.