Business

A one-month surge in copper prices sent Rio Tinto shares to a record $252 billion valuation this week, amid rising bets inflation will push commodities higher.

Borrowers have been slugged with higher mortgage rates after the Reserve Bank’s May hike, but many savers will miss out unless they meet the fine print on bonus accounts.

Gas producers have slammed policy forcing them to sell 20 per cent of their product directly to the domestic market, warning it could hurt future supply.

The betting group says AUSTRAC is looking at “a number of serious concerns” with Tabcorp’s ability to identify and stop money laundering and monitor its customers.

Shares in the ASX-listed company behind big-box retailers BCF, Rebel and Supercheap Auto were hammered after it reported a soft trading update as consumers batten down the hatches.

Australian diesel prices are tipped to soar to new record highs above $4 a litre even with the Federal Government’s temporary halving of fuel excise tax.

A tumbling oil price and rally in tech stocks including Google-parent Alphabet on Wall Street set the S&P/ASX 200 up for a positive open on Thursday.

The surprising reason for the Australian dollar being propelled to a four-year high has been revealed.

AGL Energy has announced stronger profit guidance just eight months after Labor’s 62-70 per cent emissions reduction goal for 2035 came into effect. AI is also expected to drive electricity demand.

The controversial former Qantas chief says the book, to be released in July will “set the record straight on what actually happened during my career”.

Treasurer Jim Chalmers has declined to confirm if a $300 tax offset will be in the Budget, having criticised the previous Coalition government in Opposition for having a tax offset program amid high inflation.

On Tuesday, as the RBA announced another rate hike, more Australians that ever did this one same thing. Now, a top mortgage broker has shared what you need to know.

Consumers can expect to pay more for smartphones and laptops, JB Hi-Fi boss Nick Wells warns, as the artificial intelligence-led boom in data centres squeezes technology supply chains.

OpenAI President Greg Brockman told a California jury Tuesday that Elon Musk physically threatened him during a 2017 confrontation.

Graphic design giant Canva has been slapped with $792,000 in penalties after the corporate regulator alleged four companies within the group failed to lodge financial reports on time.