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This Month
China provides reality check for Forrest’s green iron dream
A domestic green iron industry might mean Australia has to pour in more public funds than the Chinese government, an impossible feat.
Henry’s big plan for what comes next
The former Treasury secretary failed to have a previous Labor government implement a resources super profits tax, but he has plenty of big ideas for tax reform.
BlueScope secures right-of-last refusal for Whyalla Steelworks
BlueScope, which is Australia’s largest steelmaking company and runs the Port Kembla plant in NSW, is already deeply involved in the sale process.
Business chiefs put steel and green energy on PM’s China agenda
Anthony Albanese’s visit will be the longest trip to China by an Australian leader in living memory. CEOs want him to push an ambitious business blueprint.
June
Trash, treasure and trauma: inside the Manhari juggernaut
Manhari’s scrap metal empire has made millions and bankrolled major sports. But it has a long compliance rap sheet and former staff are speaking out.
Whyalla steelworks sale draws strong offshore interest, says premier
Strong state backing is helping to attract interest in the Whyalla plant, with BlueScope seen by many as the front-runner.
This Australian firm is set to win from Trump’s steel call
The US tariffs come amid a global oversupply of steel, with the OECD warning capacity will expand by 7 per cent by 2027, much of it in China.
May
Billionaire Stokes family check out the up-for-sale Whyalla steel mill
SGH Limited would be a left-of-field bidder for the plant, owned by Sanjeev Gupta until the South Australian government seized it earlier this year.
Whyalla administrators in credit stand-off with Gupta’s InfraBuild
KordaMentha halted the delivery of steel for several days last week over a payment dispute as the relationship between the two businesses deteriorates.
Sanjeev Gupta furious at risk of losing control of Whyalla port
The embattled British industrialist is set to have another asset seized while he tries to revive a “ghost” coal mine in NSW.
April
Meet the ex-Deloitte consultant who has driven 85,000km to win a seat
Tom Venning has a strong chance to be the new MP for a sprawling SA seat after exiting the corporate world with a hope to bring a back-to-basics economic approach.
This short seller is scooping up ASX stocks amid the mayhem
Blackwattle hedge fund manager Ray David has been snapping up cheap companies after US President Donald Trump unleashed a wave of new tariffs last week.
BlueScope finds $180 million repair bill for Whyalla steelworks
While parties have begun circling the plant, run by businessman Sanjeev Gupta until February, administrators have been warned upgrades are urgently needed.
Trump tanks markets | Virgin’s IPO | ANZ in the naughty corner
Also on this week’s podcast: why Australia’s second-biggest private hospital operator is in intensive care, Star on death watch; what was the big moment in the federal election.
March
Election battlegrounds, budget vote buying, do we need a DOGE?
We take an early look at the issues that should shape the election; break down the federal budget; and ask why the Reject Shop got a French champagne takeover bid.
Gupta back spruiking ‘spirit of GFG’ at Cafe Sydney
Subtlety isn’t Sanjeev Gupta’s style, so it’s little wonder he isn’t even waiting for administrators to leave Whyalla before again burnishing GFG’s brand.
Whyalla steelworks in $60m emergency spend to secure coal supply
The steelworks’ administrators have secured coking coal from BlueScope, China and Indonesia to keep making steel after it was left with only three days’ supply.
Housing crisis; supermarket power; don’t believe the market bounce
This week we ask how the banks can help the housing crisis, look at whether the big supermarket inquiry will really change anything, and check in on our favourite entrepreneurs in the naughty corner.
Whyalla steelworks halted, millions in capex urgently needed
“Because of the underinvestment, inadequate maintenance and servicing of critical infrastructure, the steelworks are in a state of disrepair,” says KordaMentha.
Recession fears | The business driving F1 | Tesla’s Musk problem
We break down an incredible week on markets, explain how super became the poster child for bad corporate governance and take you inside the F1 money machine.