Markets

The biggest risk to Bitcoin is running out of new buyers as its supporters and crypto exchanges preach about its virtues as an inflation hedge.

Why Bitcoin’s belief bubble could pop or go exponential

The biggest risk to Bitcoin is running out of new buyers as its supporters and crypto exchanges preach about its virtues as an inflation hedge.

Updated
Read more (2 min) →

Sign up to The Nightly's newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

Email Us
By continuing you agree to our Terms and Privacy Policy.
Woolworths boss Amanda Bardwell says there has been a ‘gradual increase’ in the number of crunched consumers seeking out promotions since the Reserve Bank hiked interest rates this month.

Young Woolies shoppers tighten belts after rate hike

Woolworths boss Amanda Bardwell says there has been a ‘gradual increase’ in the number of crunched consumers seeking out promotions since the Reserve Bank hiked interest rates this month.

Updated
Read more (2 min) →
CEO of Atlassian, Mike Cannon-Brookes

An American AI giant threatens to crush Atlassian

Shares in the Sydney-founded company joined a tech stock rout Tuesday, on worries they will lose business to artificial intelligence giants such as OpenAI, which owns ChatGPT

Updated
Read more (2 min) →
The newly merged Seven West Media and Southern Cross Austereo reported their first profit results on Tuesday.

Southern Cross Media wins market share

The first profit result after the media group’s merger with Seven West Media was led by the radio division, which increased operating profits 28 per cent.

Updated
Read more (2 min) →
Soon KFC, Guzman y Gomez and McDonald’s could all be competing for customers in the morning economy for eating out for breakfast.

Guzman y Gomez slides as McDonald’s gains ground

Soon KFC, Guzman y Gomez and McDonald’s could all be competing for customers in the morning economy for eating out for breakfast.

Updated
Read more (4 min) →
West Australian-based shipbuilder Austal has signed $5 billion worth of contracts to produce Army vessels at the Henderson shipyard, in a deal the government claims will generate hundreds of local jobs.

Austal lands $5b shipbuilding contract for army vessels

Australian shipbuilder Austal has signed $5 billion worth of contracts to produce Army vessels, in a deal the Albanese Government claims will generate hundreds of local jobs.

Updated
Read more (2 min) →
The big green sheds made up the lion’s share of its overall revenue of $24.2b for the six months to the end of December — up 3.1 per cent on the same time a year ago

Bunnings cash machine delivers bigger Wesfarmers payout

Wesfarmers boss Rob Scott says he expects the recent call by the Reserve Bank to hike interest rates and uncertainty over the prospects of higher-for-longer inflation will rattle consumer sentiment.

Updated
Read more (3 min) →
ew BlueScope chief executive Tania Archibald.

SGH, Steel Dynamics lob new $15b offer on BlueScope

The revised bid is a “best and final” $32.25 a share offer that values Australia’s biggest steel maker at $15 billion.

Updated
Read more (2 min) →