Markets

Outgoing Virgin Australia chief executive Jayne Hrdlicka.

Former Virgin Australia CEO takes off with $50m payout

Jayne Hrdlicka has earned an eye-watering payday after leading the airline from a pandemic wipe-out to a profitable share market listing.

Updated
Read more (3 min) →
Sydney fund manager Rodney Forrest has pleaded guilty to two counts of insider trading over his acquisition of Platinum Asset Management shares.

Insider trader ran stock picking comp for investing elite

EXCLUSIVE: Forty-eight of Australia’s top investors were involved in Rodney Forrest’s stock-picking competition when he illegally bought $2.6 million worth of shares in Platinum Asset Management.

Updated
Read more (4 min) →
Bendigo and Adelaide Bank chief executive Richard Fennell in Perth in July.

Bendigo joins banking job cuts ‘tidal wave’: FSU

With about 5000 jobs already cut by ANZ and National Australia Bank this week, the union said Bendigo was slashing 145 jobs from its technology division while eliminating another 13 in mortgage help.

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.
Professor Andres Fouras, chief executive of 4DMedical.

Professor who bet it all leads ASX’s hottest tech stock

The CEO of Melbourne biotech 4DMedical gambled his home on lung imaging, but just won big as shares raced 380 per cent higher in just over a week.

Updated
Read more (3 min) →
Enough mine waste to fill 13,000 Olympic-size swimming pools poured into the Doce River, wiping away villages and causing tens of billions of dollars worth of destruction.

BHP pays $110m to settle deadly dam class action

BHP will pay $110 million to aggrieved Australian investors who bought shares in the Big Australian just before the deadly Samarco dam collapse in Brazil.

Updated
Read more (2 min) →
Coles and Woolworths could be forced to cough up another $750m.

Woolies, Coles face further $750m hit over missed wages bill

Australia’s two biggest supermarket chains — Woolworths and Coles — face combined costs of as much as $780 million following years of underpayments to staff.

Updated
Read more (2 min) →
Collins Foods operates 288 KFC fast food outlets in Australia.

Germany’s growing taste for KFC boosts Collins Foods

Germany’s growing appetite for fried chicken is boosting sales at Collins Foods, Australia’s biggest KFC operator, sending its share price sharply higher.

Updated
Read more (2 min) →
Rob Scott said gangs were targeting high-value items, such as tech products from Officeworks or power tools from Bunnings, and then selling them on the black market or online marketplaces.

‘Scars’: Wesfarmers pins rise in thefts on COVID lockdowns

Wesfarmers’ boss has singled out one State for a ‘disproportionate’ amount of theft by organised crime gangs and has blamed its ‘very draconian lockdown’ for leaving ‘mental and economic scars’.

Updated
Read more (1 min) →
The inflation figures will give the RBA and its governor Michele Bullock plenty to weigh up going into the central bank’s next meeting.

What new inflation figures really mean for rate cut hopes

A sharp rebound of inflation will ‘unsettle’ the Reserve Bank and dampen any hopes of a September rate cut, even as Treasurer Jim Chalmers paints a rosy outlook.

Updated
Read more (4 min) →
Lisa Cook, governor of the US Federal Reserve.

Trump orders removal of Federal Reserve Governor Lisa Cook

The unprecedented move constitutes a sharp escalation in the US President’s battle to exert greater control over what has long been considered an institution independent from day-to-day politics.

Updated
Read more (4 min) →
Bendigo Bank chief executive Richard Fennell in Perth last month.

Bendigo’s Up digital bank racks up record year

Up’s customer numbers leapt 29 per cent to 1.2 million in the 2025 financial year, fuelling an 11 per cent jump across the Bendigo group to 2.9 million customers.

Updated
Read more (2 min) →
Europe’s leaders are stuck between balancing spending and fending off hard right parties pledging tax cuts.

Fear the deficit-populism doom loop

Politicians, particularly in Europe, are in a terrible bind.

Updated
Read more (5 min) →