Latest
Fortescue reconsiders US hydrogen timeline after Trump win
The Andrew Forrest-led mining giant has cut its green energy capex and is considering pausing $1 billion of approved hydrogen projects in Australia and the US.
- 55 mins ago
- Mark Wembridge
Rio says ‘extremely expensive’ power could seal Tomago fate in 2029
The mining giant says the aluminium smelter will not be viable beyond 2028 based on quotes it has received for an extension of its power contract beyond then.
- 1 hr ago
- Peter Ker
Woodside’s Richard Goyder bathes in absent votes
The chairman of the gas giant has cleverly outlined how opposition to the company’s climate plan is not as big as you think.
- 1 hr ago
- Mark Di Stefano
Magellan banks $4m Barrenjoey dividend, flags Guzman y Gomez bonus
Group executive chairman Andrew Formica says the best results from its share in the investment bank are yet to come.
- 1 hr ago
- Jemima Whyte and Jonathan Shapiro
Singapore’s Syfe gets due diligence at Selfwealth; eyes on Bells
Syfe also acquired 19.8 per cent of the company before making its approach.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Tabcorp delivers profit jump as Gill McLachlan swings the axe
Higher revenues and lower costs have helped the wagering giant meet expectations for the first time since it demerged its lotteries business three years ago.
- Kylar Loussikian
Opinion & Analysis
Rio Tinto just pulled off a little miracle
Rio CEO Jakob Stausholm has quietly engineered an impressive strategic shift inside the mining giant. Its financial results for calendar 2024 tell the story.
Columnist
South Australia shirt-fronts Gupta to save Whyalla once again
The South Australian government lost confidence in Sanjeev Gupta’s promises. But a new buyer will need to stomach two big risks.
Columnist
Goodman Group’s monster raising dials data centres strategy up to 100
Investors and analysts have lapped up the company’s pivot into data centres, one of the hottest subsectors in the world, and now it is finally time to help fund it.
Columnist
David Di Pilla thinks a new PE owner could save Healthscope
Property is at the heart of the veteran deal maker’s plans for the private hospitals operator – just as it was at Masters almost a decade ago.
Columnist
Companies in the News
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The Star Entertainment Group
Updated: Feb 20, 2025 – 1.03pm. Data is 20 mins delayed.
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Featured
Why the Star case has unnerved Australian boardrooms
“It’s a private company” is a big selling point for directors when headhunters call, and ASIC’s case against the embattled casino group is making many directors more nervous about public company boards.
- Zoe Samios, Maxim Shanahan, Patrick Durkin and Sally Patten
‘Man in a hurry’: Luke Sayers’ bumpy road to the top of PwC
Before he became boss of the auditing and consulting giant, the ambitious partner was fined for behavioural breaches and apologised to a group of female partners for unspecified past behaviour.
- Edmund Tadros
The CIA says COVID-19 came from a lab – scientists are not so sure
Five years on from the start of the pandemic, Donald Trump’s new CIA director has weighed into the contentious debate saying a lab leak was “most likely”.
- Michael Smith
More From Today
Healthscope to close maternity wards in Darwin and Hobart
The loss-making hospital operator will announce the closures amid growing cost pressures and as potential buyers circle.
- Michael Smith
Wesfarmers increases dividends as Kmart, Bunnings power sales growth
The Perth-headquartered conglomerate delivered better-than-expected profits for the first half of the financial year despite a loss in its industrials division.
- Carrie LaFrenz
- Updated
- Earnings season
Rio Tinto cuts dividends and jobs as Pilbara costs surge
The miner will pay its lowest dividend in seven years and enact “strict” cost controls on its flagship iron ore division, ending a golden era of returns.
- Peter Ker
- Opinion
- Chanticleer
Rio Tinto just pulled off a little miracle
Rio CEO Jakob Stausholm has quietly engineered an impressive strategic shift inside the mining giant. Its financial results for calendar 2024 tell the story.
- James Thomson
Gupta says Whyalla seizure ‘unprecedented’, ‘unexpected’ and ‘wrong’
In an internal memo to his executives, the British industrialist defended his time running the steelworks, suggesting legal action to recover debts owed to him.
- Hans van Leeuwen
Star Entertainment counts its pennies after quarterly debt bill hits
So, how much cash does Star Entertainment have left? Not much after this week’s interest rate bill it seems.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Chris Ellison is on the MinRes road to nowhere
The embattled miner’s stock price keeps falling, particularly when Ellison is talking, sending the company into limbo.
- Mark Di Stefano
- Exclusive
- Workplace
Assistant Treasurer Stephen Jones dragged into Super Retail legal saga
An emergency disclosure to Jones about the company’s handling of whistleblower complaints has prompted ASIC to take a closer look.
- Max Mason and Nick McKenzie
- Exclusive
- Superannuation
Secret Treasury briefings reveal future of pension savings
Major superannuation funds would guarantee an annual income for millions of retirees under a confidential Albanese government proposal.
- Lucas Baird
Progress stalls on bar’s pay gap, with targets under review
Just one-fifth of the $1.8 billion worth of reported briefs went to women last financial year, according to Law Council data.
- Maxim Shanahan
Yesterday
- Exclusive
- Banking products
Red tape slashed for home loans, markets and insurance under Coalition
Shadow treasurer Angus Taylor unveils the Coalition’s new election policies to wind back rules in the finance sector.
- John Kehoe
How Gupta’s ill-fated Whyalla ownership unravelled
Sanjeev Gupta has lost Adelaide’s politicians, and with them, his last loyal constituency.
- Myriam Robin
JPMorgan, MS and RBC strong out of the gate with monster Goodman deal
The Goodman raising, the ASX’s sixth-largest ever and the bourse’s largest real estate deal, was done unsounded and with no wall crossings.
- Sarah Thompson, Kanika Sood and Emma Rapaport
JPMorgan nabs $218m block trade in Aristocrat Leisure
More than 2.7 million shares in the gaming technology company traded hands at $79 per share.
- Sarah Thompson, Kanika Sood and Emma Rapaport
James Packer’s casino charity deals in the elite
Attendees at the lunch included Albo, Dutton, Sarah Murdoch and Scott Farquhar, as Sydney’s movers and shakers celebrated some good old corporate philanthropy.
- Hannah Wootton
- Exclusive
- Manufacturing
Labor prepares rescue plan after Gupta’s Whyalla steelworks collapses
The massive South Australian manufacturing operation is being run by KordaMentha, with the federal and state governments signing off on a major support package.
- Phillip Coorey and Simon Evans
- Opinion
- Chanticleer
South Australia shirt-fronts Gupta to save Whyalla once again
The South Australian government lost confidence in Sanjeev Gupta’s promises. But a new buyer will need to stomach two big risks.
- James Thomson
MinRes shares plummet as Ellison deflects capital unease
The admission that heavily indebted MinRes would spend $230 million to repair its flagship Onslow haul road put its $5.1 billion debt burden in sharp focus.
- Mark Wembridge
Fortescue faces $1.8b native title compensation claim
The claim escalates a long battle over Yindjibarndi lands, home to Fortescue’s Solomon iron ore hub.
- Elouise Fowler
Australia still betting on rare earths
The Albanese government hoped for a new resources boom in new critical minerals projects and processing. There’s been a hard reckoning since, but the dream still lives for Iluka Resources and others.
- Jennifer Hewett