Markets

Steve McCann, the man brought in to rescue Star Entertainment Group almost 18 months ago, has revealed his immediate exit from the embattled casino operator.

The approval of Hanwha’s doubled stake in Austal is subject to “strict conditions”, including limits on access to sensitive intellectual property held by Austal and “stringent criteria” on any board nominee.

Myer boss Olivia Wirth will wait and see how the rest of the Christmas trading period pans out but says it’s been ‘so far so good’ after the department store chain recorded its best Black Friday ever.

Elon Musk has confirmed that SpaceX will start trading on Wall Street in 2026 amid speculation that the spacecraft company’s valuation could surpass all other members of the trillion-dollar tech club.

Financial markets are pricing in two rate hikes in 2026 that would increase monthly mortgage repayments more than $200.

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’.

Families with mortgage relief on their Christmas wish-list will almost certainly be left disappointed on Tuesday with Reserve Bank boss Michele Bullock to signal whether a dreaded hike looms in the new year.

A buying spree on luxury items from shoes to concert tickets could force the central bank to reverse three interest rate cuts - and potentially go further.

AARON PATRICK: Deciding debt is the path to power, Jim Chalmers has set a terrible example for future political leaders.

Economic growth is still weak despite high inflation, limiting the Reserve Bank’s ability to cut interest rates.

The Bitcoin price is down 12 per cent in 2025 as worries around quantum computing put the brakes on a historic bull run and encourage profit taking.

Accounts lodged with ASIC for buy-now, pay-later group Afterpay reveal its value has been heavily reduced since US fintech Block acquired it.

Australia’s wine industry is facing a 260 million litre surplus and consumption is tipped to slow further over the next five years amid changing drinking patterns.

Economists who’ve worked for Treasury and the Reserve Bank are questioning the RBA’s ability to forecast inflation following a big shock with consumer prices.

The counter-drone technology company’s shares have been on a rollercoaster ride, but rebounded strongly on Tuesday.