Business

Southern Cross Media board member Ryan Stokes, who is also chief executive of SGH, which owns 20 per cent of the media company.

SGH sources rubbish claims Stokes family plans to quit media

The Stokes family has no intention of selling its media ownership interests according to sources, despite news reports to the contrary.

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Federal Treasurer Jim Chalmers and Governor of the Reserve Bank of Australia, Michele Bullock.

Big four banks tipping February hike as inflation soars

Australia’s big four banks are now unanimously tipping a rate hike for Tuesday next week after inflation soared even further above the Reserve Bank’s target band.

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The global dash for cash is driving the gold rush.

What is driving gold’s relentless rally?

THE ECONOMIST: The global dash for cash is driving the gold rush.

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Sydney is Australia's most expensive market, but house prices are still expected to grow in 2026. (Lukas Coch/AAP PHOTOS)

Rate hikes, affordability won't curb house prices

Property professionals are confident that housing prices will continue to grow in 2026, despite worries about higher interest rates and affordability.

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Corporate earnings have seen Wall Street indexes rise, while health insurers take a dive. (AP PHOTO)

Wall St rises as corporate earnings roll in

US stocks opened on the rise buoyed by corporate earnings, though health insurers are down after news broke of a modest increase to Medicare rates.

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The value of the Australian dollar has climbed to a near 16-month high against the US currency. (Joel Carrett, Bianca De Marchi/AAP PHOTOS)

Aussie dollar soars against slumping greenback

Australia’s currency is at a nearly 16-month high against its American counterpart - and looks poised for further gains, experts say.

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An underlying inflation figure higher than the RBA’s forecast could force it to hike rates, but there’s a case for waiting to see how spending data plays out.

Crucial inflation data to determine interest rate call

An underlying inflation figure higher than the RBA's forecast could force it to hike rates, but there's a case for waiting to see how spending data plays out.

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Jessica Marrie Carah has been banned for life from strata management.

‘Disturbing:’ Manager’s alleged $2m theft

A strata manager has been banned for life after she allegedly stole more than $2m from dozens of strata schemes.

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US President Donald Trump.

Why top economist warns populism will backfire

Top economist Shane Oliver has warned populist politics is likely to backfire through higher inflation and worsening inequality as governments across the developed world become increasingly interventionist.

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The knee-jerk reaction to DeepSeek is a stark reminder that innovation is ever-present and can quickly change the course of the market, especially when it comes to nascent tech.

‘Massive overreaction’: DeepSeek fears unfounded

THE WASHINGTON POST: The knee-jerk reaction to DeepSeek is a stark reminder that innovation is ever-present and can quickly change the course of the market, especially when it comes to nascent tech.

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Homeowners face a February rate shock if underlying price pressures surge.

Bad inflation figures tipped to spark February rate hike

Westpac is expecting inflation to worsen as electricity rebates are phased out. Chief economist Luci Ellis has revealed what it would take to see the Reserve Bank of Australia raise interest rates again.

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Australia has a new most valuable company.

BHP tops CBA as most valuable Australian company

Strong copper, iron ore, lithium and gold prices have seen BHP top CBA’s market value, with number two miner Rio Tinto also closing in on Australia’s largest bank.

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BlueScope Steel says the offer by SGH and Steel Dynamics significantly undervalues the Australian steelmaker.

BlueScope suitor challenges ‘cheap’ offer assertion

The US-listed Steel Dynamics has defended the $13 billion offer, rejected the target’s knockback as “very disappointing” and challenged the Australian group to come up with a superior alternative plan.

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Michael Hill extended its partnership with Australian supermodel Miranda Kerr. The retailer expects to deliver double-digit growth in half-year earnings.

Record gold prices can’t take lustre from Michael Hill sales

Jewellery retailer Michael Hill is tipping a double-digit jump in half-year earnings, with margins steady despite record gold and silver prices.

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