Business

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National Australia Bank has announced it will be retrenching thousands of staff this financial year including many by the end of 2026.
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Business
Stephen Johnson

NAB chief gave hints about job cuts eight weeks ago

National Australia Bank CEO Andrew Irvine gave some clues about what was to come in a speech just eight weeks ago - including a bigger role for AI.

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Companies

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Wesfarmers and SQM's Mt Holland lithium venture.

Wesfarmers green lights $1.4b WA lithium expansion

Business
1 Min Read
The supermarket giant is hiking the price of a household staple as its suppliers face ongoing fuel-related supply chain and operational cost pressures.

Coles to charge more for item bought by almost every shopper

Companies
1 Min Read
NAB is the latest bank to confirm it is joining the cull, after ANZ revealed it was slashing 3500 jobs and 1000 contractors.

NAB and ANZ job cuts are just the start of killing season

Companies
3 Min Read
Consumers are being urged to shop around for the best grocery deals, though Australia’s third-largest supermarket offers the greatest overall value.

Cheapest supermarket and average shop totals revealed

Australia
2 Min Read

Markets

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Video
The best comparison for today’s AI vulnerabilities remains the dotcom bubble of the late 1990s.

How one of these two things could crash global markets

Business
3 Min Read
A SpaceX Falcon 9 reusable rocket booster on display outside the company's facilities in Hawthorne, California.

SpaceX will be world’s most valuable company, says JP Morgan

Business
3 Min Read
Video
Construction insolvencies have soared by 59 per cent.

Interest rate construction crunch sees insolvencies soar

Business
2 Min Read
Video
Is the semiconductor industry headed for an almighty crash?

What happens when the AI chips are down?

Business
4 Min Read

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.

Banks slug borrowers but savings rates crack a decade high

Wealth
2 Min Read
Video
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 ...

Big banks gut credit card perks. Here’s what you’ll lose ...

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

Is your super fund among this year’s best-performers list?

Business
3 Min Read
Video
Housing prices falling in Melbourne and Sydney The Nightly

Australian homeowners brace for pain as prices set to plunge

Australia
6 Min Read

Mining

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

Why BHP chair says Australia should be more like Canada

Mining
2 Min Read
Video
Andrew Forrest, chair and founder of Fortescue.

Fortescue warns of slowdown as China talks drag on

Mining
2 Min Read
Video
Fortescue is already facing a class action lawsuit centred on sexual harassment at the company’s Pilbara iron ore mines.

Fortescue fires executive over sexual harassment, bullying

Business
2 Min Read
Video
BHP mined 400,700 tonnes of copper in the quarter, while output of its other key commodity iron ore was steady at 66.5 million tonnes.

Copper tumbles but iron ore holds steady for BHP

Business
2 Min Read

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. 

Dwindling coal fleet in Europe reaps windfall from gas rally

World
2 Min Read
Video
Madeleine King addresses the National Press Club in Canberra.

King vows gas reserve will ‘push down’ energy prices

Politics
4 Min Read
Video
Inpex's Ichthys LNG offshore facilities

Gas carve-outs could leave factories paying top dollar

Energy
3 Min Read
Inpex's Ichthys LNG offshore facilities

Labor backtracks on fixed gas reservation demand

Business
1 Min Read