Business

Wesfarmers chief executive Rob Scott speaks at the company’s AGM on Thursday.
Business
Sean Smith

Wesfarmers sees opportunity for deals in tougher economy

Wesfarmers’ busy and large business development team is “drilling a bit deeper” on potentially stressed acquisitions that could prove a fit for the Perth-based conglomerate.

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Wesfarmers and SQM's Mt Holland lithium venture.

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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.

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Australia
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Markets

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Oil price, war The Nightly

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After a huge fall, the CSI 300 index meets the conventional definition of a bear market.

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Supermarkets and miners are among the stocks that ASX brokers are leaning towards as consumers cut back on spending.

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Business
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Treasury secretary Jenny Wilkinson admitted in Estimates that government spending is contributing to demand.

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Politics
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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.

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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 ...

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The strong annual result concealed a sudden fall and recovery late in the financial year.

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Mining

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Fortescue foundre Andrew Forrest has pined the blame for the miner's share price partly on US President Donald Trump.

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A nugget worth up to $200,000 was almost missed by a prospector who had spent days searching the red dirt in the outback — and feared his spectacular find might be nothing more than 'a painted rock'.

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Newsworthy
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Rio Tinto Australia chief executive Kellie Parker.

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Ross McEwan, chair of BHP, speaks during the company's annual general meeting in Melbourne.

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Energy

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Video
A video on the Snowy Hydro 2.0 scheme’s website shows the construction work.

Snowy Hydro 2.0 cost could blow out to $25 billion

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. 

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Madeleine King addresses the National Press Club in Canberra.

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Inpex's Ichthys LNG offshore facilities

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