Trending News
‘Alarming’: David Jones workers brace for job losses as store closures loom
The union representing thousands of David Jones workers is planning for the worst as the troubled department store chain prepares to close up to half its stores.
Trump has lost control of his war with Canada
The US president tried and failed to bully Canada in tense negotiations this year. Now he may pay a heavy price.
‘They’re just fatigued’: Why Lachlan Murdoch says Fox ratings are diving
Some media observers attribute the decline to US President Donald Trump’s slipping approval ratings, but Fox chief Lachlan Murdoch says there is a simpler explanation.
The reason why another rate rise will hurt Sydneysiders most
NSW is “particularly sensitive” to interest rate increases, according to NSW Treasury modelling.
America Inc is turning away from Trump
With the president’s grip on Washington set to be much weaker after the midterms, US bosses are desperately trying to de-MAGAfy their companies.
Aussie shares drop ahead of interest rates decision
The sharemarket has fallen following a tech sell-off in the US and ahead of an expected interest rate hike.
Gateway unleashes five-rig drilling blitz at WA Yandal gold play
Gateway Mining has four rigs drilling, with a fifth due, at its Yandal gold project, as drilling gets back on track to test its high-grade Cowza discovery and other key targets in WA.
The staggering irony of the Binance hack
The company’s boss, Changpeng Zhao, served time in jail over anti-money laundering failures. To get his users’ money back, he must hope the rest of the industry has learned a lesson.
Accelerate calls on CSIRO to crack WA manganese code
Accelerate Resources has secured $50,000 in CSIRO funding to study manganese core from its Woodie Woodie North project, aiming to fast-track a Pilbara processing pathway.
Aguia revenue triples as twin South American projects fire
Aguia Resources has posted a more than threefold increase in quarterly revenue to $639,000, signalling a turnaround as its South American gold and phosphate projects begin to deliver cash flow.
Westpac expects 11 per cent house price fall, posts $6.8 billion profit
The nation’s second-biggest lender expects interest rates to remain “elevated” and for property prices to continue tumbling.
Rip Curl’s owner in takeover talks with US retail giant
The owner of surfwear staple Rip Curl and outdoor adventure brand Kathmandu is in talks about a possible deal, it revealed on Monday.
King River lights up new gold targets at WA Murchison project
Soil sampling at King River Resources’ Mindoolah gold project in WA’s Murchison has returned a high-grade 231.8ppb gold result, with drilling now underway on the new targets.
KPMG set to slash hundreds more jobs before Christmas
The latest round of job cuts will take place within weeks with payouts worth far less than the millions paid to former executives who resigned following a scandal.
Wall Street on edge after $1.4 trillion wipeout
For years, Wall Street has been happy to write blank cheques for some of the biggest companies in the world. But investors are now starting to get nervous.
The $315b debt binge that’s driving up the cost of borrowing
The AI craze is not only threatening to wipe out jobs and inflate a sharemarket bubble. It’s also costing governments more when they borrow.
Super funds slammed for ‘blaming customers for complaints’
Complaints have surged in the multitrillion dollar super sector, but the watchdog says fund trustees are too readily blaming issues on members.
It is the RBA’s job to fight inflation, but governments must do more to help
The RBA and Australian governments are pulling in opposite directions. No wonder inflation pressures persist.
Australia’s newest airport wants more flights as airlines cut back capacity
Qatar Airways, which has committed to Western Sydney International, has reduced the number of passengers it flies daily around the world by about 25,000 since the US-Israel-Iran War erupted.
Inside the scramble to contain the largest crypto heist in history
From New York to Abu Dhabi and Kyiv, security researchers and Binance executives rushed to trace the stolen money after a hack that has shocked the crypto world.
‘Thanks for raiding us’: Inside the crackdown on underquoting
As the NSW government ramps up fines for underquoting and brings in new pricing transparency rules for agents, we spend a day with those enforcing the rules.
David Jones hosted Queen Elizabeth II and Dior – but nostalgia won’t save it
On the brink of financial collapse, the 188-year-old institution has a legacy worth saving – but no one seems to believe it can ever return to its former glory.
Trump the lame duck would be a relief for the world
There is no shortage of reasons to worry about the global economy. And yet there is at least one piece of good news on the horizon.
‘Biggest hack in history’: Crypto giant freezes assets after $8.9b heist
Binance says a security breach had resulted in an estimated $8.9 billion impact. Analysts said it could amount to the biggest crypto heist ever.
Big Hits: New Murchison Gold, Elk Range Mining and WhiteRock Lithium
Big Hits looks at notable drill intercepts reported to the ASX this week, led by New Murchison Gold in WA, with runners-up Elk Range Mining in Idaho and WhiteRock Lithium in Quebec.
ASX Runners of the Week: NGX Limited, RBR Group and Eden Innovations
This week’s Bulls N’ Bears ASX Runner of the Week is… NGX Limited, soaring 92.9% on deals for seven Namibian gold licences covering more than 1300 square kilometres.
Billions wiped off Coles as it loses ground to Woolworths
Coles shares have plunged after a profit warning, amid signs of stiff competition with arch-rival Woolworths.
Raiz funds swell to $2.4b riding young investor wave
Raiz Invest’s funds under management grew 20.2 per cent to $2.4 billion in the September quarter, as younger investors drove customer growth and $69 million flowed onto its platform.
Annie Cannon-Brookes’ paddock-to-plate precinct under investigation
The billionaire’s regenerative farm and hospitality venture in the Southern Highlands is facing questions from council over its development approval.
ASX finishes the week higher as bank shares improve
The Australian sharemarket ended the week higher, after three of the big four banks gained on Friday.
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