Trending News
ASX jumps, shrugging off weak consumer confidence, as oil prices fall
The Australian sharemarket had a strong session after US President Donald Trump said the Iran war “is effectively over”, boosting hopes for an end to the conflict that has driven up global energy costs.
Auric supercharges WA gold growth with 68Koz Iron Maiden deal
Auric Mining has struck a deal for the Iron Maiden gold project near Norseman, adding a historical 68,500-ounce resource and potential future feed for its Burbanks mill.
Lindian lands 30Kt per annum Malawian rare earths offtake
Lindian Resources has secured an annual 30,000-tonne binding offtake for monazite concentrate from its Kangankunde rare earths project with a major global refiner.
Qantas to cut 850 local jobs as it shifts roles to India
A leading union said it was told by Qantas earlier in the year there was “no plan” to offshore any jobs. Qantas vigorously denies the claim.
Nvidia CEO’s fling will be an affair to remember for AI, and for Trump
Jensen Huang’s liaison with an alleged Chinese spy could cost Nvidia billions, set America’s AI sector back in its arms race with China, and embroil the US president.
Watchdog warns retailers over fake Black Friday deals and false urgency
Retailers are being warned not to mislead shoppers into thinking they’re getting more of a deal than they actually are during Black Friday sales.
Trump says FBI ‘looking at’ Nvidia CEO amid spy probe fallout
Trump made the announcement as his own close relationship with Jensen Huang came under renewed scrutiny.
Corporate cop investigating $3b collapse of major Sydney builder
Financial advisers are channelling money into a sector that ASIC has accused of being home to some operators that use hidden fees and shift investor cash around.
Data centre giant apologises to Melbourne residents, vows to get power to site
NextDC boss Craig Scroggie said he was sorry residents felt they had been left behind by his plans to build a major AI data centre in West Footscray.
Australian shares shake off early slump to creep higher
Australia’s sharemarket has ended the day higher after strong performances from mining and energy stocks helped counterbalance broader weakness.
Critica targets gallium, scandium bonus at WA rare earths giant
Critica Ltd has achieved high gallium and scandium extractions at its Jupiter rare earths project, unlocking potential value not yet included in its $2B scoping study.
TMK smashes Mongolian gas record as 30-year licence beckons
TMK Energy has lifted gas output 11 per cent to a monthly record in Mongolia, as acceptance of its gas discovery declaration opens a path to a 30-year production licence.
Dalaroo eyes bigger gold prize after fresh African hits
Dalaroo Metals has nailed a 13m zone grading 2.67g/t gold, 1.25km along strike from its recent high-grade discovery in West Africa, opening up a possible new mineralised system.
Business class beef over seats goes viral
Described as being like a “suit with a sneaker”, the new Singapore Airlines’ seat has garnered a frosty public reception.
Forrestania high-grade gold hits fuel 35% WA resource surge
Forrestania Resources has upgraded its WA British Hill gold resource by 35% to 286,00oz after hitting 16m at 5.77g/t, while signing a separate 750,000-tonne ore purchase deal.
Beetaloo locks in key licence for NT gas giant
Beetaloo Energy has locked in a critical Retention Licence over its Carpentaria gas discovery, securing tenure as it advances its NT pilot project towards first gas sales.
Wall Street’s $4.7 trillion meltdown may have a silver lining
The “blue tsunami” that hit Donald Trump sent shockwaves through Wall Street. But there may be a bright side to the sharemarket turmoil.
ANZ profit surges to $7.6b despite late home loan repayments rising
ANZ’s bottom line benefited from cost-cutting while its asset quality remained relatively stable.
David Jones is restocking shelves ahead of Black Friday as buyers circle
Last week’s news that the 188-year-old retailer had tipped into administration drove a “record” levels of shoppers to David Jones stores.
Why younger home buyers risk being locked in mortgage prison
There’s a generational gap between those who can switch banks to get a better home-loan deal, and those who cannot.
The ‘immediate warning sign’ to protect your super
The financial regulator has put firms on notice after it found some were using unlicensed marketers trying to convince customers to switch or review their super.
‘Heist’ merchants or white knights? The private equity firm that owned David Jones
Anchorage Capital Partners has owned more than 20 companies, with none more controversial than its tenure at Dick Smith Electronics.
Crypto’s Trump-fuelled Washington boom comes to an abrupt halt
With Democrats set to control Congress following their midterm sweep, crypto faces the prospect of tougher rules and closer scrutiny.
$2b and plenty of new seats: Inside airlines’ battle for first-class supremacy
Singapore Airlines $2.26 billion cabin refit tells a much broader story about the battle to cater to the premium traveller that is playing out against the constraints of the industry and regulators.
It was the email of my dreams! From Sally Sara. Or so I thought
I’m Sally’s biggest fan. Overwhelmed with excitement, I wrote back saying I’d be delighted to contribute.
House prices wouldn’t be falling so fast if Albanese was a man of his word
Imagine how a first-time buyer who bought into the 5 per cent deposit scheme feels owing 95 per cent on an asset that’s losing value thanks to the backflip on negative gearing.
Is there a future for malls without their department store anchors?
The demise of David Jones has thrown into question the symbiotic relationship that underpinned decades of prosperity for both department stores and malls.
Donald Trump’s humiliation is an opportunity for America
US voters have done their job, now politicians have to do theirs. But Trump is not a man who likes to be left out.
Behind closed doors: Inside the $5 million meeting that sealed the downfall of David Jones
The ugly, inglorious end to the 188-year-old luxury department store came down to $5 million in unpaid rent.
Lone wolf: Trump is capable of anything after being embarrassed
A conversation I had with the future president two decades ago gives us an inkling of what could be ahead.
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