Business

Investors have lost confidence in BHP’s ability to emerge from its iron ore trade tussle with China unscathed.

Northern Star Resources shares have been hammered and its vulnerability to a takeover called into question, as the gold miner’s 37-year old Super Pit mill buckles again while holding out for a replacement.

Australia is facing a ‘deep recession’ as Iran’s guerilla tactics in the Strait of Hormuz force the Federal Government to introduce fuel rationing, a superannuation strategist says.

The cost to the Budget of providing negative gearing and capital gains tax concessions to property is set to double in the coming decade without changes, new Parliamentary Budget Office figures show.

Kayla Itsines made the “surreal” announcement on Friday.

Uncertainty about interest rates and higher fuel bills has left strategists cautious about buying shares, despite big falls.

You were worried the stockmarket might not come back, right? But why wouldn’t it? This isn’t the first war in the Middle East, and Allah knows it won’t be the last.

Average house prices now cost nine times average incomes, versus five times 20 years ago, and young Australians are now looking for alternative ways to build wealth.

Australia’s biggest provider of jet fuel has cut exports, leaving the country’s airports with an uncertain future.

Australians could soon be paying more on their mortgages as a major bank flashes a key warning sign for households.

Alternatives to Gulf supplies are scarce.

The national carrier has agreed to pay out a massive sum over cancelled flights during the COVID-19 pandemic.

Commodity prices are climbing again on Friday as traders watched new attacks on shipping and ports in the Middle East.

Upmarket NIMBY councils near the centre of some of Australia’s biggest cities are going slow on approving new homes during a rent crisis, which a data expert is also blaming on international students.

There are mounting job losses as artificial intelligence comes for once-secure industries — including its own creators.