Business

Figma CEO makes shock move.
The Washington Post
The Washington Post

Figma CEO gives up $46m in shock move

THE WASHINGTON POST: The Figma CEO has voluntarily walked away from a $46 million stock award as the tech giant battles growing investor fears over artificial intelligence.

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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
2 Min Read

Markets

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The local benchmark S&P/ ASX 200 index ended Wednesday’s session up 109 points, or 1.7 per cent to 6449.7.
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Roaring gold miners take ASX200 to new record high

Business
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Video
Endeavour boss Jayne Hrdlicka.

Endeavour profit tumbles on hefty writedowns

Business
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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
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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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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
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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
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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
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A MinRes truck on the upgraded Onslow Iron haul road.

MinRes breaks records and grows a pile of cash

Business
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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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The Hon. Chris Bowen MP, Minister for Climate Change and Energy, speaks at the National Press Club.

‘It’s on me’: Bowen won’t shy from energy responsibility

Politics
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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
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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