Business

The ASX winners set to cash in as Aussie households struggle.
analysis
Business
Tom Richardson

The ASX winners thriving as rate rises hammer households

Higher rates are crushing households, but a wave of spending on miners, infrastructure and AI is creating a new breed of share market winners.

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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
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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

Companies
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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

Companies
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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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Markets

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Nvidia's CEO Jensen Huang

Nvidia buys AI platform Hugging Face for $18 billion

Business
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The ASX winners set to cash in as Aussie households struggle.
analysis

The ASX winners thriving as rate rises hammer households

Business
4 Min Read
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Jayne Hrdlicka has been in the top job at Endeavour since January 1.

Hrdlicka’s splurge on Endeavour amid her painful restructure

Business
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Virgin Australia chief executive Dave Emerson.

Virgin spared war fuel bill shock, pays out first dividend

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Wealth

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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 ...

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
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Housing prices falling in Melbourne and Sydney The Nightly

Australian homeowners brace for pain as prices set to plunge

Australia
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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?

Wealth
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Mining

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Mineral Resources managing director Chris Ellison.

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

Mining
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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

Mining
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Outgoing Northern Star CEO Stuart Tonkin

Gold mining boss’ whopping severance pay revealed

Business
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BHP’s Olympic Dam copper mine in South Australia.
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BHP ready for copper boom as red metal proves king

Mining
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Energy

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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

Business
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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

Business
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Santos boss Kevin Gallagher has been the sector’s most vocal critic of the Albanese Government’s gas reservation plans.

No major Santos project decisions for years after PNG FID

Energy
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The war on Iran is hitting US partners Australia and New Zealand among those racking up billions of dollars in higher fuel import costs after prices spiked with the closure of the Strait of Hormuz.

Australia bleeds billions as Iran war sparks oil crisis

The Washington Post
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