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Fortescue boss Andrew Forrest has been a vocal proponent of green hydrogen.

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. 

Chanticleer

Columnist

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.

Chanticleer

Columnist

Chanticleer

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.

Chanticleer

Columnist

Chanticleer

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.

Chanticleer

Columnist

Chanticleer

Companies in the News

BHP Group

bhp$39.775
 -2.94%

ASX Limited

asx$68.180
 0.22%

Commonwealth Bank

cba$156.460
 -1.56%

Rio Tinto

rio$118.250
 -3.03%

Updated: Feb 20, 2025 – 1.03pm. Data is 20 mins delayed.

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The former board of Star, who are facing civil penalties for alleged breaches of directors’ duties (L-R): John O’Neill, Matt Bekier, Kathleen Lahey, Richard Sheppard, Gerard Bradley, Sally Pitkin, Benjamin Heap and Zlatko Todorcevski.

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 most likely originated from a Wuhan lab.  t

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 CEO Rob Scott at their Perth HQ.

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
Australian Workers Union has called on mining workers to ramp up efforts to re-unionise the Pilbara.

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
Rio TInto boss Jakob Stausholm has the company’s various profit engines firing.

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
Sanjeev Gupta in the Whyalla steelworks in 2017, when his GFG Alliance acquired the business out of administration.

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
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Queen’s Wharf, Treasury Brisbane, Star Entertainment

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
MinRes boss Chris Ellison urged analysts to consider the miner’s future prospects.

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
Stephen Jones has been dragged into the Super Retail legal stoush.

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
More Australians are reaching retirement age, and living longer, putting more focus on withdrawals from the superannuation savings pool.

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
Barristers at the Supreme Court.

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

Angus Taylor says cutting red tape will help promote competition.

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
Sanjeev Gupta with SA Premier Peter Malinauskas in Adelaide in 2022.

How Gupta’s ill-fated Whyalla ownership unravelled

Sanjeev Gupta has lost Adelaide’s politicians, and with them, his last loyal constituency.

  • Myriam Robin
Goodman Group boss Greg Goodman.

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
Aristocrat Leisure pioneered poker machines that dominate Australia’s pubs, clubs and casinos.

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
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Anthony Albanese in Whyalla in 2023. The prime minister is expected to announce a major rescue package with his South Australian counterpart on Thursday.

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
Sanjeev Gupta is the British industrialist who has created a vast portfolio of steel mills.

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 boss Chris Ellison urged analysts to consider the miner’s future prospects

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 chairman Andrew Forrest and Yindjibarndi Aboriginal Corporation chief executive Michael Woodley.

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
 Iluka Resources has $1.65 billion worth of government loans to build a rare earths refinery using its stockpile from its minerals sands operations

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

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