Business

Rio Tinto is throwing the kitchen sink at securing more copper, with 85 per cent of its exploration budget now geared towards the coveted pinkish-orange metal.

Rio ramps up copper hunt as profit falls but dividend rises

Rio Tinto is throwing the kitchen sink at securing more copper, with 85 per cent of its exploration budget now geared towards the coveted red metal.

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Lovisa’s profit and earnings miss sent shares in the company plummeting on Thursday.

Lovisa’s rapid store roll-out to cash in on rival’s demise

Lovisa says it has moved quickly to cash in on the demise of major rival Claire’s to grab market share but its profit and earnings growth disappointed analysts, sending shares plummeting.

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Oil prices have jumped amid the escalating Iran conflict.

How Iran conflict could send Aussie petrol prices soaring

An attack on Iran that ballooned into a broader regional conflict and the closure of the Strait of Hormuz could send Australian petrol prices soaring.

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Donald Trump Jnr and Eric Trump say USD1 will stabilise the US dollar.

Trump family out to upgrade US dollar using crypto

The Trump company brands its stablecoin as ‘the dollar, upgraded’ and describes the coin as ‘still the US dollar, but for a new era’. 

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The big green sheds made up the lion’s share of its overall revenue of $24.2b for the six months to the end of December — up 3.1 per cent on the same time a year ago

Bunnings cash machine delivers bigger Wesfarmers payout

Wesfarmers boss Rob Scott says he expects the recent call by the Reserve Bank to hike interest rates and uncertainty over the prospects of higher-for-longer inflation will rattle consumer sentiment.

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The tight jobs market has been a key reason many economists expect the Reserve Bank may need to increase interest rates again this year.

New jobs data does little to keep another rate hike at bay

The Aussie jobs market has posted a solid start to 2026 with the unemployment rate steady at 4.1 per cent in January— a number that will not ease the RBA’s concerns about inflation.

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Humanoids dazzle at the Spring Festival Gala.
The jobless rate is predicted to be on the way up again, but economists think it’s not a concern.

Unemployment tipped to surge again after surprise drop

Australia's latest jobless figures are likely to follow a trend for the year's start after economists were wrong-footed by a surprise fall in unemployment.

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Alcoa has been fined over habitat destruction in the Northern Jarrah Forest, south of Perth. (Adrian Black/AAP PHOTOS)

Alcoa slugged millions over illegal forest clearing

Alcoa has agreed to pay $55 million to restore a forest habitat that's home to protected species after clearing it for bauxite mining without approvals.

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More than 15 million Australians are facing added pain to already-crunched household budgets after Federal Health Minister Mark Butler on Tuesday approved an above-inflation increase to private health insurance premiums. 

Medibank, Nib shares jump on health insurance price rises

Shares in Medibank and Nib have jumped after both insurers announced premium hikes of more than 5 per cent for 2026.

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Australia’s big banks have delivered bumper profits. The Nightly

Big banks cash in on AI revolution as tech tanks on ASX

TOM RICHARDSON: Bank shares have surged in February as they impress investors with cost control and benefit from the flow through of three interest rate cuts in 2025.

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The "down down" campaign allowed more retail price cuts as supply costs rose, a Coles boss says. (Joel Carrett/AAP PHOTOS)

Coles got supplier rebates for discounted promotions

Its ‘down down’ campaign enabled Coles to make higher profits as more product sold, depending on deals with suppliers, a senior executive says.

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Santos boss Kevin Gallagher at the Australian Energy Producers conference in Brisbane last year.

Santos culls 400 jobs as boss pockets enormous bonus

Kevin Gallagher’s pay packet for the 2025 year was inflated by a multimillion-dollar payment of performance rights as the oil and gas producer also announced sweeping job cuts

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The Economist has examined the deal.

Will investing in Russia really bring America trillions?

The Kremlin is making big promises to Donald Trump’s administration.

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