Business

ANDREW CARSWELL: There is not much to get you excited in Ellendale, North Dakota, so it seems a strange place for Australia’s own Macquarie Group to invest $5 billion, then again, it doesn’t.

Australian businesses are showing signs of a revival after a rocky start to 2025, with new bank data suggesting conditions are ‘stabilising, if not starting to turn around.’

Business groups have roundly criticised a Fair Work Commission ruling in favour of unions against BHP, as mining and energy companies scramble to figure out what the landmark decision means for them.

Michele Bullock says the Reserve Bank wants to make sure inflation has been “nailed” after defying markets to hold interest rates steady today.

THE ECONOMIST: As the boundary between retail and social media blurs, celebrities are reshaping the world of consumer goods.

Presentation notes to be used by new chair Malcolm Bundey in meetings with investors and proxy advisers this week says Mr Ellison’s planned exit timeline is being ‘reviewed’.

JACKSON HEWETT: As global tensions rise, the Reserve Bank weighs its options amid fresh challenges. Today’s decision could signal a new direction for Australia’s economy in uncertain times.

Prime Minister Anthony Albanese has confirmed his visit to China from Saturday, when he is heading to Beijing, Shanghai and Chengdu.

US shares have fallen further from recent record highs after the announcement of hefty tariffs against US trading partners, while Tesla has again plunged.

Australians are pulling the trigger on property purchases before prices climb even higher as mortgage-holders await confirmation of a fresh rate cut.

US President Donald Trump has placed a 25 per cent tax on goods imported from Japan and South Korea and tariffs on a handful of other countries.

Qantas says it has been contacted by the “potential cyber criminal” behind last week’s data breach. 

The unions have leveraged the Albanese Government’s controversial labour hire reforms to win a landmark decision against BHP, which is set to have a ‘flow-on effect throughout the mining industry’.

Rates will be one quarter of a percent lower on Tuesday afternoon if markets are any guide. Whether the economy will regain its animal spirits is another question.