Business

RBA RATES RECAP: 2024 ends with 13 months of no relief

Woolies facing criminal charges in NZ over fake discounts

New Zealand’s competition watchdog has filed criminal charges against Woolworths and local rival Pak’nSave over alleged inaccurate pricing and misleading specials.

Just how much oil can Trump pump?

President-elect Donald Trump promised to ‘drill, baby, drill’ in his bid to be the ultimate energy baron. Can he deliver on that petro-boom pledge?

‘Bad faith’: Rupert Murdoch loses family trust court battle

Media mogul Rupert Murdoch has suffered a major defeat in his attempt to alter his family trust. 

China preparing ‘most aggressive stimulus’ in a decade

The Chinese government has flagged it intends to deliver a major stimulus program designed to pull its economy out of an extended period of slow growth.

New homes lead way in energy efficiency and lower bills

The nation’s capital boasts the most energy efficient homes in Australia but cities with older stock are lagging causing higher electricity bills.

Grocery giants 'throw shoppers a bone' for Christmas

Choice says one supermarket chain remains the cheapest option for a general basket and has a tip for those looking for a deal on a holiday banquet.

RBA’s Bullock won’t bear Christmas gifts, experts reckon

A pre-Christmas interest rate cut looks unlikely after a poll of more than 30 economists unanimously tipped the Reserve Bank would stay put on Tuesday.

‘Lost a legend’: Tributes for driller killed on WA minesite

Friends and family have paid tribute to a fun-loving 29-year-old driller who died at a gold mine.

Foreign firms in China trapped in a dangerous struggle

Things have never looked rosier for foreign firms in China, at least according to the country’s Council for the Promotion of International Trade. But the reality is far less rosy.

Regal calls off chase for rival Platinum

The shine has well and truly come off Platinum Asset Management after Philip King’s Regal Partners on Monday called off its three-month pursuit of the company.

Cunning tricks used by hackers to steal Perth man’s pension

Jeff Pollard is no fool when it comes to online safety. But his ordeal proves even the security-savvy can get caught out. Here’s how the scammers did it and why you need to remain vigilant.

Woolworths warns strike cost will balloon to $140m

Woolworths says the impact of the 17-day strike action by its warehouse workers has grown from the initial estimate of $50 million in lost food sales.

Who is new ANZ boss Nuno Matos?

Former HSBC super banker Nuno Matos will succeed Shayne Elliott as the new chief executive of ANZ — Australia’s No. 3 lender — in the middle of next year.

ANZ nabs ex-HSBC banker to succeed Shayne Elliott

ANZ will bring in an international banking heavyweight to succeed outgoing chief executive Shayne Elliott when he leaves the big four lender mid-next year.