Yesterday
More vape penalties on the way, but will they be harder to buy?
NSW follows Queensland and South Australia in increasing penalties and shutting stores which sell illegal tobacco and vapes, but inconsistency abounds.
This Month
Home values on track to be 8 times the average Australian’s income
The dwelling value-to-income ratio of some major hubs is predicted to hit record levels by the end of 2026, widening the wealth gap even further.
Coalition, states pressure Labor over South Australia marine deaths
The government is facing a bipartisan push to address a major environmental crisis off the coast of Adelaide, where it hopes to host the next UN climate summit.
June
SA rules out taking equity stake in Whyalla steelworks
Treasurer Stephen Mullighan has made a $384 million provision in the budget because the sale process for the business is taking longer than expected.
South Australian budget winners and losers
Whyalla residents and aspiring police officers are winners in the South Australian budget, but inflation is forecast to rise.
Future Fund-backed OneFortyOne in mega forestry deal
The biggest forestry deal by an Australian-owned firm in a decade comes as the country prepares for the next home-building boom.
May
CFMEU’s power base threatened as membership plunges
Leaked data shows membership in the construction union’s second-biggest branch has fallen by almost 17 per cent in the year to March.
‘A wow result’: The $1.4m ‘gamble’ on a rising market
Developers are usually cold bidders, basing their limit on what they can get for a site. But this buyer showed more hope than almost 40 rivals who bowed out.
Sanjeev Gupta’s Whyalla port row gives contractor a $113m headache
ASX-listed mining services provider NRW Holdings faces a big hit as the fallout from the February collapse of the South Australian steelworks continues.
Endeavour chair looks to reassure investors on Hrdlicka availability
Despite a strong performance from its pubs, the Dan Murphy’s owner grappled with less demand for alcohol and lingering supply chain disruptions in the third quarter.
March
Record winter gas shortfall is coming: ACCC
Ensuring Queensland’s LNG exporters divert unsold gas to the local market will be critical to avoid supply shocks, the watchdog said.
Super fund giant’s $2b caravan park play goes upmarket
G’day Group is a big player in camping and caravanning. Now it’s buying resorts in its grand ambition to be the go-to for regional holidays.
Three reasons Victoria has joined Tasmania, SA as a beggar state
Unless it can substantially improve its productivity performance, Victoria will continue to be the butt of sneering from richer states.
February
Albanese’s Whyalla rescue plan is a gamble on Australia’s future
Wasting subsidies on industries with poor growth prospects is not the way to restore Australian prosperity.
Parched Port Lincoln fears rescue plan risks million-dollar industry
Everyone agrees the SA fishing hub needs a desal plant but horrified locals believe saline water pumped from the facility could ruin the clean Spencer Gulf.
Gupta’s ‘ringfenced’ InfraBuild bought $430m of Whyalla steel
KordaMentha will scrutinise the sizeable related-party transactions in the administration of the stricken steelworks.
KordaMentha gets second bite of the Whyalla apple
Mark Mentha and his colleague Sebastian Hams return to the steelworks town after both did the due diligence on Sanjeev Gupta.
Jobless rate rises; Labor’s $2.4b Whyalla rescue; Rio Tinto’s miracle
Read everything that’s happened in the news so far today.
Golf club drama in the way of the Saudi revolution
The Saudi-backed golf exhibition will need Grange club members to agree to host the event in the years ahead.
December 2024
Emergency market operator moves to plug gaps ahead of hot, wet summer
The energy market operator has placed emergency energy reserves on standby ahead of the hottest months of the year and warned about managing gas supplies.