Business

Woodside Energy CEO Liz Westcott on Thursday.
Business
Sean Smith

Woodside boss says investment blitz to determine legacy

With the $16 billion Scarborough LNG project off northern WA near complete, Woodside is now focused on a busy offshore development schedule in the US and Mexico.

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Wesfarmers and SQM's Mt Holland lithium venture.

Wesfarmers green lights $1.4b WA lithium expansion

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The supermarket giant is hiking the price of a household staple as its suppliers face ongoing fuel-related supply chain and operational cost pressures.

Coles to charge more for item bought by almost every shopper

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NAB is the latest bank to confirm it is joining the cull, after ANZ revealed it was slashing 3500 jobs and 1000 contractors.

NAB and ANZ job cuts are just the start of killing season

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Consumers are being urged to shop around for the best grocery deals, though Australia’s third-largest supermarket offers the greatest overall value.

Cheapest supermarket and average shop totals revealed

Australia
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Firmus is developing an AI factory zone in Tasmania, left, and Firmus current co-CEO Oliver Curtis during his release from prison in 2017.

From jail to AI billionaire: Firmus hits $44b ASX valuation

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Auditor KPMG said it wouldn’t be in a position to provide its audit opinion on the financial reports by September 30.

Metrics puts hold on funds after shock $170m writedown

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Australia’s biggest miners may now increase their exposure to copper as they look to diversify beyond the commodity that has long driven the sector.

Copper set to give Aussie mining stock rally a new engine

Business
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Underlying inflation is, roughly, the part of today’s inflation most likely to still be there tomorrow. 
analysis

How should the US Federal Reserve measure inflation?

The Economist
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Australians are promised $1.6 billion in surcharge savings but rewards cardholders with the big four bank face higher rates, fewer perks and weaker insurance. Here’s everything you’re about to lose ...

Big banks gut credit card perks. Here’s what you’ll lose ...

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The strong annual result concealed a sudden fall and recovery late in the financial year.

Is your super fund among this year’s best-performers list?

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Housing prices falling in Melbourne and Sydney The Nightly

Australian homeowners brace for pain as prices set to plunge

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What are the medical reasons that would allow you to access superannuation early? How do you do it? And is it worth the tax whack you’ll cop?

Is your dodgy knee worth the tax hit to access super early?

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Mining

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Australia’s biggest miners may now increase their exposure to copper as they look to diversify beyond the commodity that has long driven the sector.

Copper set to give Aussie mining stock rally a new engine

Business
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The Kalgoorlie Super Pit from above.

Northern Star rejects ‘highly opportunistic’ $39b takeover

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Mineral Resources managing director Chris Ellison.

Ellison to reap $17m as MinRes swings to a huge profit

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Fortescue is also facing a class action lawsuit centred on sexual harassment at the company’s Pilbara iron ore mines.

Fortescue stands down exec embroiled in harassment probe

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Energy

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Inpex's Ichthys LNG offshore facilities

Gas carve-outs could leave factories paying top dollar

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Inpex's Ichthys LNG offshore facilities

Labor backtracks on fixed gas reservation demand

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Chief executive Liz Westcott dropped the bombshell as Woodside delivered its first half results on Tuesday.

Woodside dumps billions from clean energy spending target

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International Energy Agency excecutive director Fatih Birol says coal will be boosted as a result of the geopolitical turbulence disrupting energy markets. 

Coal set for boost as geopolitical chaos rewrites energy map

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