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Employees at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling some of their shares.
The New York Times
The New York Times

SpaceX’s bumpy ride on the stock market may get bumpier

THE NEW YORK TIMES: SpaceX employees and early investors can now cash in on millions of dollars in gains from their company stock but end of the lockup comes at a delicate time.

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Companies

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Wesfarmers and SQM's Mt Holland lithium venture.

Wesfarmers green lights $1.4b WA lithium expansion

Business
1 Min Read
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

Companies
1 Min Read
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

Companies
3 Min Read
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
2 Min Read

Markets

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Video
Employees at Elon Musk’s rocket company will be released from their first stock “lockup” and can start selling some of their shares.

SpaceX’s bumpy ride on the stock market may get bumpier

The New York Times
4 Min Read
Wall Street’s main indices have opened higher on the first trading day of August as signs of de-escalating tensions in the Middle East dragged down crude prices while investors prepared for another week packed with earnings and economic data.

Wall Street starts August strong as Iran deal hopes rise

Markets
2 Min Read
UBS expects cash earnings to rise 6 per cent and broadly match market forecasts.

UBS warns CBA’s $10.8b profit may not save investors

Business
2 Min Read
Chief executive Simon Trott described the first half of the year as ‘a step-change’ in performance.

Rio showers shareholders in a copper windfall

Business
1 Min Read

Wealth

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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?

Business
3 Min Read
Video
Housing prices falling in Melbourne and Sydney The Nightly

Australian homeowners brace for pain as prices set to plunge

Australia
6 Min Read
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?

Wealth
3 Min Read
Video
Financial expert Rachel Cole has cautioned against panic selling investment properties as housing tax changes loom.

With property tax changes looming, is now the time to sell?

Property
2 Min Read

Mining

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Video
Joe Hockey says Jim Chalmers’ May Budget was ‘the worst in history’.

CGT changes ‘stupid’ and will hurt AI investment: Hockey

Business
3 Min Read
The Iron Bridge magnetite project has been plagued with issues even before it started production.

Fortescue flags $1.1b writedown over troubled Iron Bridge

Mining
2 Min Read
A MinRes truck on the upgraded Onslow Iron haul road.

MinRes breaks records and grows a pile of cash

Business
1 Min Read
Video
Wesfarmers and SQM's Mt Holland lithium venture.

Wesfarmers green lights $1.4b WA lithium expansion

Business
1 Min Read

Energy

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Video
Perdaman founding chairman Vikas Rambal, Prime Minister Anthony Albanese, Premier Roger Cook and Federal Resources Minister Madeleine King in Karratha.
opinion

We need to hit the gas on building new Aussie oil refinery

Opinion
3 Min Read
Woodside has narrowed its production guidance for the full year to between 174mmboe and 185mmboe.

Oil market turmoil pumps up revenue for Woodside

Business
2 Min Read
Origin was aware of a possible security threat for weeks before a massive data breach. (Joel Carrett/AAP PHOTOS)

Energy giant took weeks to respond to major data breach

Energy
2 Min Read
Video
The North West Shelf gas plant at Karratha.

Woodside blasts ‘distorted narrative’ in landmark court case

Mining
3 Min Read