Business

Even Wall Street’s best traders struggle to predict sudden jumps in volatility

Why Wall Street won’t see the next crash coming

THE ECONOMIST: Even the best traders struggle to predict sudden jumps in volatility.

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Westpac chief executive Anthony Miller.

Westpac confirms sale of RAMS mortgage group

Westpac has confirmed the sale of RAMS, which has loans worth $21.4 billion, a little more than a week after it was fined $20 million.

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Optus CEO Stephen Rue will front a parliamentary inquiry into the September triple-zero outage. (Dave Hunt/AAP PHOTOS)

Optus execs to face grilling over triple-zero outage

A Senate probe investigating a deadly triple-zero outage will haul in Optus’ senior leaders and top communications officials for questioning.

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ABS statistics revealed 156,000 people aged 45 years and over retired in 2024-25, with an average age of 63.8 years.

Seven simple tips to help you retire early

More Aussies are delaying their retirement plans due to cost of living pressures, but a finance expert says there are seven simple things everyone can do to help them retire early.

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Andrew Forrestis seen with students from Gabon at the Fortescue AGM.

Forrest’s ‘crazy plan’ plea, doesn’t get rare earths ‘fuss’

An evangelical Andrew Forrest implored Fortescue shareholders to stay on board with green energy trials that ‘probably will fail’, following a litany of costly setbacks in recent months.

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WiseTech founder Richard White has been embroiled in multiple scandals.

WiseTech shareholders riding scandal rollercoaster once more

BEN HARVEY: WiseTech shareholders thought the worst was over, then the police came knocking.

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Investors have dumped Atlassian stock in 2025, but its founder says it’s a big AI winner with potential to grow strongly into the future

Cannon-Brookes tells investors Atlassian is an AI winner

Investors have dumped Atlassian stock in 2025, but its founder says it’s a big AI winner with potential to grow strongly into the future.

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ANZ boss Nuno Matos.

ANZ takes eye-watering profit hit under new CEO

ANZ has revealed a $1.1 billion profit downgrade, with redundancies making up more than a third of the bad news.

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US President Donald Trump and China's President Xi Jinping.

America and China have only holstered their trade weapons

Neither country wants decoupling or confrontation — at least, not yet.

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THE ECONOMIST: Google was written off as an AI laggard — now its all-in-one model and custom chips are powering a trillion-dollar comeback.

Google changes AI game again in battle with Microsoft

THE ECONOMIST: Google was written off as an AI laggard — now its all-in-one model and custom chips are powering a trillion-dollar comeback.

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TOM RICHARDSON: The algorithm economy is why mega-cap tech bosses will commit unlimited amounts to AI.

Why Meta and Alphabet can’t stop spending on AI

TOM RICHARDSON: AI will accelerate the algorithm economy and its potential explains why mega-cap tech bosses will commit unlimited amounts to AI investments.

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Jim Chalmers is stoking fear about international instability while his domestic policies contribute to price rises that could drive up interest rates.

Jimflation Effect: Jim Chalmers deflects as inflation surges

AARON PATRICK: The Treasurer is stoking fear about international instability while his domestic policies contribute to price rises that could drive up interest rates.

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Coles boss Leah Weckert says shoppers are feeling more optimistic.

Coles eyes Christmas ‘sweet spot’ as Woolies lags behind

Coles is still outpacing Woolworths’ sales growth, but analysts suggest the latter’s stock might be a better value buy for share market shoppers.

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Wesfarmers chief executive Rob Scott will deliver a mixed trading outlook to the AGM in Perth later on Thursday.

Wesfarmers slides ahead of AGM on consumer caution warning

While sales growth at the group’s flagship retail chain Bunnings has improved on the June half-year, cost-of-living pressures are still weighing on shoppers.

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A MinRes truck on the upgraded Onslow Iron haul road.

MinRes on the road to redemption after strong quarter

Haul road problems are in the rear view mirror, Mineral Resources says, and the company is now on track to reach full-year volume and cost guidance across the board.

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