Business

Nine said the improved offer could deliver it after-tax cash proceeds of about $1.4b.

CoStar ups bid for Nine-controlled Domain to $2.8b

The US property market data giant circling Australia’s Domain has sweetened its offer for the real estate listings platform to almost $2.8 billion.

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The company’s board has already backed the binding scheme implementation agreement and largest shareholder Kin Group, which controls almost 21 per cent of the register, has also agreed to sell into the offer.

The Reject Shop is heading into foreign hands

The Reject Shop may be best known for its bargain-basement prices on everyday items but it has managed to attract a top-shelf takeover bid from a foreign suitor.

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Energy Australia has been fined $170,000 over a fire at its Yallourn power station. (Diego Fedele/AAP PHOTOS)

Energy Australia slapped with fine over power station fire

Energy Australia has been convicted and fined over a fire at Yallourn power station, after the company fought to be spared conviction.

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The four leading law firms being attacked by the Trump administration have one thing in common: employing or acting for figures hated by the MAGA movement.

Why big law’s capitulation to Trump may be bad for business

US President Donald Trump’s attacks on four major legal firms have rivals circling to poach potential partners. But putting self-interest above the rule of law will have major repercussions for everyone.

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Two-year-old Joe Massa died waiting for treatment in a Sydney private hospital. (HANDOUT/Danny and Elouise Massa)

Little Joe’s death is about to trigger major hospital change

Public-private partnerships for acute hospitals will be banned in one state under laws put forward after a toddler's tragic death.

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US President Donald Trump.

Trump drops global tariff bombshell

US President Donald Trump has announced a new 25 per cent tariff on a key industry, saying his action will ‘continue to spur growth like you haven’t seen before’.

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Wall Street closed lower amid investor uncertainty about the scale of Donald Trump's tariffs. (AP PHOTO)

Wall St lower on tariff worries, Nvidia and Tesla drop

US stocks have closed lower amid investor caution regarding the country's tariff policies.

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Treasurer Jim Chalmers.

Labor’s non-compete clause ban ‘could harm business’

Industry groups say Labor’s ban on non-compete clauses unveiled in the Federal Budget on Tuesday could harm small businesses and is a ‘heavy handed’ measure.

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WiseTech executive chair Richard White.

AustralianSuper sells out of WiseTech on governance concerns

The super fund said the last of what had been a 2.6 per cent stake in the logistics software company had been offloaded “because recent developments have not met our expectations”.

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WA Premier Roger Cook.

WA joins push for swift decision on North West Shelf

The Premier has urged the Albanese Government not to delay a controversial North-West Shelf decision a third time, after it was pushed back until after the Federal election.

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Business groups have lashed the Federal Budget, saying there is little indication of a private sector revival and next to nothing to stimulate one.

Business bodies scoff at Govt’s private sector revival boast

Business groups have lashed the Federal Budget, saying there is little indication of a private sector revival and next to nothing to stimulate one.

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A manufacturing giant has been fined after students and staff were burned at a refinery.

Alcoa fined $400k after students, workers burned at refinery

US Alumina giant Alcoa has been fined $400,000 after students on work experience and workers were sprayed with a hot caustic liquid at an Australian refinery.

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KMD Brand is behind shopping mall mainstay Kathmandu.

Kathmandu, Rip Curl owner KMD Brands widens half-year loss

Apparel retailer KMD Brands has widened its half-year loss and outgoing chief executive Michael Daly has blamed the slow recovery in consumer sentiment and higher operating costs.

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Coles Liquor chief executive Michael Courtney.

Coles axes Vintage Cellars, First Choice in liquor overhaul

Coles will axe its Vintage Cellars and First Choice Liquor Market chains and fold it into the better-known Liquorland brand as it fights to close the gap between bigger rivals Dan Murphy’s and BWS.

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Administrators were called into the business just over four years after it was rescued from complete collapse in 2020

Jeanswest collapses again, 600 staff and 90 stores to go

Shopping mall mainstay Jeanswest has become another victim of a pullback in discretionary spending as shoppers keep a closer eye on their budgets amid the cost-of-living crisis.

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