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Elon Musk has promised to give every child in the United States a share in his SpaceX company. (AP PHOTO)
Business
Staff Writers

Musk’s $14b vow to give SpaceX share for every US child

Billionaire Elon Musk has posted on social media that he plans to give every US child one share in his company SpaceX, without providing further details.

Updated
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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
Is the semiconductor industry headed for an almighty crash?

What happens when the AI chips are down?

Business
4 Min Read
Firmus Technologies has cancelled its float.
updated

The AI dream machine takes a hit with Firmus’s failed float

Business
5 Min Read
A Chinese mining group is fighting to seize control of Far East Gold, while the Australian founders battle to protect their stake in a potentially lucrative Indonesian gold project.
exclusive

Chinese miner wages war for control of ASX gold hopeful

Business
3 Min Read
Concerns over global supply chain disruptions continue to grow in China.

How China manages oil woes will have global repercussions

The Economist
6 Min Read

Wealth

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For savers unwilling to jump through monthly hoops, AMP offers 5.50 per cent on balances up to $50,000 without the usual strings attached.

Banks slug borrowers but savings rates crack a decade high

Wealth
2 Min Read
Video
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
3 Min Read
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

Mining

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Video
BHP mined 400,700 tonnes of copper in the quarter, while output of its other key commodity iron ore was steady at 66.5 million tonnes.

Copper tumbles but iron ore holds steady for BHP

Business
2 Min Read
Tanya Plibersek vetoed the site of a dam to store soil and rock from McPhillamys gold mine.
opinion

This rejected gold mine shows what’s wrong with Australia

Politics
4 Min Read
Video
The Albanese Government has suffered a major legal blow after the Federal Court overturned the then Environment Minister’s decision to block a billion-dollar gold mine over Aboriginal heritage concerns.

Court overturns Plibersek’s $1bn gold mine heritage block

NSW
2 Min Read
The High Court has ruled ‘Scope 3 emissions’ should have been taken into account when approving the extension of opertions at the Mount Pleasant coal mine.

Energy and mining sectors reeling after High Court decision

Business
2 Min Read

Energy

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Europe has spent decades shutting down coal-fired plants to combat global warming. Now the ones still left are experiencing an unexpected windfall. 

Dwindling coal fleet in Europe reaps windfall from gas rally

World
2 Min Read
Video
Madeleine King addresses the National Press Club in Canberra.

King vows gas reserve will ‘push down’ energy prices

Politics
4 Min Read
Video
Inpex's Ichthys LNG offshore facilities

Gas carve-outs could leave factories paying top dollar

Energy
3 Min Read
Inpex's Ichthys LNG offshore facilities

Labor backtracks on fixed gas reservation demand

Business
1 Min Read