Business

Donald Trump and Elon Musk in New York.
Business
Calum Muirhead

History as Musk becomes first person worth over $US400b

Donald Trump’s soon-to-be efficiency boss, Elon Musk, has become the first person in history to amass a fortune of more than $US400 billion.

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The RBA says US tariffs won't be plain sailing for Australia but the economy could ride it out. (Dean Lewins/AAP PHOTOS)
US Politics
Jacob Shteyman

Odds of a Trump-China trade war cancelling Christmas

The Ghost of Christmas Yet to Come has visited the RBA deputy, revealing the chance of the global economy plunging into another Depression.

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The US stock market surged after Donald Trump won the 2024 presidential election. (AP PHOTO)
Business
Staff Writers

Trump to return to New York Stock Exchange

Wall Street will reportedly get a visit from US President-elect Donald Trump to ring the New York Stock Exchange's opening bell for the first time.

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Video
Meta has had a worldwide crash.
updated
Technology
Matt Shrivell

Worldwide crash for Facebook, Instagram, WhatsApp

Worldwide millions of Meta users were been unable to access social media platforms including Facebook, Instagram and WhatsApp as the tech giant experienced a major crash. 

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Payments methods are expected to continue undergoing sweeping changes in2025, Waave CEO Ben Zyl said.
Australia
Hayley Taylor

How making a payment could be about to change for all Australians

‘It’s only a matter of time.’

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The deputy governor said the country’s reliance on iron ore exports made it vulnerable to a trade war.
Business
Jackson Hewett

How a US tariff war would affect Australia

RBA deputy governor Andrew Hauser has revealed Australia’s reliance on iron ore exports makes it far more vulnerable to a trade shock.

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Gina Rinehart’s Hancock Prospecting is teaming up with a South Korean conglomerate to scout the globe for a new lithium factory.
Mining
Adrian Rauso

Hancock partners up in global hunt for lithium factory land

Australia’s richest person and a South Korean conglomerate are joining forces to scout the globe for a new lithium factory.

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Chemist Warehouse opened 19 new Australian stores in 2024.
Business
Cheyanne Enciso

Completion date set for Chemist Warehouse merger

Sigma Healthcare and Chemist Warehouse have agreed to extend their mega-merger deadline to the end of March.

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Spain’s economic recovery has seen it surge to the top of the rankings.
World
The Economist

Where did Australia rank on which economy did best in 2024?

We rank countries on five measures.

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Chief executive Steve Donohue said team members were working to replenish affected stores as soon as possible.
Business
Cheyanne Enciso

Woolies strike cost Dan Murphy’s almighty sum in lost sales

The owner of Dan Murphy’s and BWS has so far lost millions in sales due to the 17-day strike at Woolworths distribution centres that led to stock shortages at the alcohol retailer and grocer.

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Administrators are still trying to find a buyer for struggling regional airline Rex.
updated
Business
Daniel Newell

Chalmers knew of Rex pursuit before $80m lifeline: ASIC

The former chair of Regional Express and three other directors could be in for a bumpy ride as the corporate regulator chases them through court over alleged breaches of their duties.

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Elon Musk was once one of the most outspoken world figures on climate change. But his priorities may have changed.
US Politics
The Washington Post

How Elon Musk backed away from his climate crusade

The Tesla CEO was once an outspoken voice on climate change. But Musk now argues many risks are overstated, a stance that could influence Trump and help his businesses.

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Now Bitcoin’s value has broken through the $100,000 mark — what’s next for digital money?
Markets
Toby Walne

Has Bitcoin peaked, or can you still make a fortune?

Now Bitcoin’s value has broken through the $100,000 mark — what’s next for digital money? 

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Increases in retiree budgets have outpaced those of the general population.
Wealth
Daniel Newell

The magic sum you’ll now need for a comfortable retirement

Fresh figures for those bankrolling their own retirement show a surprising new trend.

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AirTrunk staff during a recent work trip to Bali.
Business
Bryce Luff

Australian company drops major bonus bombshell on staff ahead of Christmas

‘The bonus is one of many examples of how we recognise our people and empower them.’

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