February
Bullock admits RBA too slow; Domain rockets; Mansion smashes record
Read everything that’s happened in the news so far today.
He won over Shane Warne with a musical. Could Gina Rinehart be next?
Eddie Perfect wrote a Broadway smash in Beetlejuice, a critical hit (but financial disaster) about the leg-spinning legend, and would love to give another prominent Australian the song-and-dance treatment.
Andrew Forrest takes control of rare earths mine, magnet maker
While his flagship company Fortescue retreats from hydrogen, Andrew Forrest’s private company has taken control of some rare earths mining and processing assets.
Gina Rinehart revealed as owner of $2b US stock portfolio
The country’s richest person has bought stocks linked to Trump, Musk and Murdoch, plus, some of her pet projects.
MinRes dives to $800m loss and slashes iron ore guidance
The Chris Ellison-led miner cut forecasts for iron ore shipments after cyclones damaged its Onslow haul road, dragging its shares to lows not seen since 2020.
Packer moves in with billionaire Mar-a-Lago residents
The Australian businessman has picked up a two-year lease, putting him ever closer to the US president.
Trump flags tariff exemption; Victoria in recession: Ryan Stokes; Breville eyes China’s kitchens
Read everything that’s happened in the news so far today.
Greens target Gina Rinehart with new billionaire’s tax
Some 150 billionaires would pay an annual 10 per cent tax on their wealth, in the minor party’s latest move to target high-income earners and dramatically expand government spending.
Inside the money machine: what happens at a political fundraiser
Politicians may be reluctant to draw back the curtain. But with so many attendees, it’s hard to keep this business secret.
Adani lines up mega debt deal in litmus test for coal financing
The Indian conglomerate’s Abbot Point business had failed to refinance its maturing debt several times between 2020 and 2023 amid reluctance over fossil fuels.
Forget donations. This is where the major parties make millions
Both major parties run “forums” that give executives and lobbyists access to ministers and shadow ministers based on the subscription tier they subscribe to.
Homesick FIFO workers earning $190k stir talk of Pilbara unionisation
Sweeping industrial relations changes have inflamed fears among miners that the Pilbara will revert to its recalcitrant past. Unions want a seat at the table in the resource-rich region.
January
MinRes debt balloons as ASIC probes governance failures
The iron ore and lithium miner has fallen further into the red, as Australia’s corporate watchdog investigates embattled billionaire founder Chris Ellison.
Group representing billionaires reveals financial misconduct
The Pastoralists and Graziers Association has revealed its investigating “serious financial misconduct” within its own walls.
Pratt matches Rinehart with full-page ad for Trump
The Australian packaging magnate has taken out a full-page ad in the centre-left New York Times, leaving no doubt about his support for the president-elect.
Pratt, Rinehart to attend Trump’s inauguration
The Australian billionaires will rub shoulders with the likes of Elon Musk, Jeff Bezos and Mark Zuckerberg during a business-heavy schedule of events.
Global Lithium chair rejects board revamp over foreign influence fears
Two directors have shut down an attempt by a rival to seize control of the WA critical minerals explorer, pledging to vote against proposals at its delayed AGM.
Eight of the best luxury Australian holiday homes for sale
AFR Weekend rounds up the most luxurious holiday properties on the prestige market – and their high-profile owners.
Who’s got a big miner lurking on their share register?
The next time a big miner like BHP, Rio or Fortescue lobs a takeover bid for a small explorer, the target will probably be one of the companies on this list.
The billionaire, the mine, the minority stake and her lover
It’s 14 years since Gina Rinehart transferred ownership of a company to her late lover. The company controls a stake in her next big mine, but who controls it?