Business

Rio Tinto boss Simon Trott.

‘Resilient’ Rio on watch but yet to feel effects of war

Rio is yet to feel the effects of a global oil crisis fuelled by war in the Middle East but concedes it does not know how the ongoing conflict will hit supply chains in the second half of the financial year.

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Apple Tim Cook to be replaced by John Ternus as CEO.

Apple Tim Cook to be replaced as CEO

Apple has announced that chief executive Tim Cook will be replaced within months.

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Consumer discretionary and communication services shares fell the most at the start of trading.

Wall Street slips as US-Iran tensions dampen sentiment

US stocks have opened mostly lower as investors monitored developments in the Middle East.

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One in three Australians can’t live without cash, a new Reserve Bank report has revealed.

RBA reveals real reason why cash is still king in Australia

One in three Australians can’t live without cash a new Reserve Bank report has revealed, along with very surprising new data about banknote transactions.

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Australians still want access to cash payments. NewsWire / Nicholas Eagar

Shock truth about cashless Australia

Australia’s attitude towards cash has changed, with fresh survey data revealing the nation’s stance on a cashless society.

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You’re a pensioner who wants to help your son buy a bigger house. Do you gift him $100,000 or call it a loan? One of those could put you in a far worse financial position.

Gift or a loan to your kids? One is far worse for pensioners

Q+A: You’re a pensioner who wants to help your son buy a bigger house. Do you gift him $100,000 or call it a loan? One of those could put you in a far worse financial position. But there is a work-around.

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Here’s your no-nonsense guide to the recontribution strategy.

Your easy-to-follow guide to dodging the super death tax

How to make sure your superannuation savings go to your kids when you shuffle off and don’t end up in the pockets of the taxman? Here’s your no-nonsense guide to the recontribution strategy.

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The Federal Government wants France to kick start more critical minerals mining by investing in projects from scratch

Madeleine King urges France to bankroll mining startups

The Federal Government wants France to kick start more critical minerals mining by investing in projects from scratch.

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A blaze tore through the oil refinery in Corio, Geelong. Geelong TV for news.com.au

Petrol output falls to 60 per cent after oil refinery blaze

Petrol supplies out of Viva Energy’s Geelong Refinery will be slashed up to 60 per cent over the short term, as it recovers from a huge fire on April 15. 

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NAB has raised bad debt debt provisions by $201 million for businesses linked to the Middle East energy shock and by $152 million for local borrowers.

NAB seeks $1.8 billion in extra capital as economy worsens

The lender warned of rising bad debts and the need to preserve more capital as the shock from rising interest rates hurts Australian borrowers.

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Three national funding streams will be fast-tracked in a bid to get capital moving faster to Australian businesses and strengthen critical supply chains, as the status of the Strait of Hormuz remains volatile.

Multi-billion-dollar supply chain funding announced amid war

Three national funding streams will be fast-tracked in a bid to get capital moving faster to Australian businesses and strengthen critical supply chains, as the status of the Strait of Hormuz remains volatile.

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The Strait of Hormuz is open to commercial shipping - at least for now.

Oil markets rattled as Hormuz instability deepens

Traders will be hoping US President Donald Trump strikes a permanent deal with Iran to keep the Strait of Hormuz open as the clock ticks on a fragile ceasefire.

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Australia’s dollar has emerged as one of the world’s standout currencies since the Iran war.

What a Aussie strong dollar means for you

Australia’s dollar has emerged as one of the world’s standout currencies since the Iran war, a timely boost for Australian shoppers, travellers and motorists.

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Analysts have warned the delayed impact of the Strait of Hormuz’s closure still threatens to worsen Australia’s petrol and diesel supply crisis.

Fuel crunch risk grows as Strait closure drags on

Analysts have warned the delayed impact of the Strait of Hormuz’s closure still threatens to worsen Australia’s petrol and diesel supply crisis.

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Some of the products that will tie-in with the release of The Devil Wears Prada 2, out at the end of the month.

Gird your loins: The Devil’s return brings brands bonanza

Australia’s cinemas are gearing up to dance with the devil and welcome back a huge female audience after an era dominated by blokey superhero and action films.

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