Nine chief executive officer quits
Nine boss Mike Sneesby will leave the top job at the end of the month, the network has revealed.
Companies
Common item sparks major power outage
In a desert city plagued by power outages, a colourful floating culprit is to blame for the latest outage.
ASX’s board lacks ambition needed for rebuild
As the reputational hits keep coming, the market operator’s board has made a timid choice to help win back trust of regulators.
ASX 200 down on energy, bank falls; MinRes surges
MinRes jumps on Onslow nod, flags $300m in cost savings. RBA official warns on ‘hot’ jobs market. ASX chair exits amid investor pressure. REA’s £5.6bn Rightmove bid. Newmont’s $US475m sale to Forrest-backed group. Oil price dive weighs on Woodside.
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ASX rallies ahead of US inflation figures
The Australian share market was up slightly as investors await new inflation data from the US, which will be key to its path on interest rate cuts.
Historic gold mint releases new coins
Australia’s largest precious metals mint will celebrate 125 years in operation with the release of five special coins, including a gold coin with a mintage of just 500.
Stars are aligning for copper: Citi
Buy copper now or pay the price of cost increases and missed opportunities in a new secular bull market, Citi says. Also today: Guzman y Gomez’s $134.5m raise. Analyst upgrades boost Ansell and Elders.
Supermarket giant backs new $190m fund
Australia’s largest retailer is going direct to the world’s top start-up companies to keep Aussie supermarkets at the forefront of emerging tech.
Supermarket giant backs new $190m fund
Australia’s largest retailer is going direct to the world’s top start-up companies to keep Aussie supermarkets at the forefront of emerging tech.
Aussie staff become instant millionaires
Workers at a private Aussie tech company have struck it rich after one of the biggest secondary shares deals in history went through.
Earn vs. burn: Why Qantas needed to sharpen its loyalty
There is more at stake than winning over customers, Qantas’ frequent flyer scheme represents a business too big to ignore.
ASX ekes out gains despite energy dip
While the benchmark edged only slightly higher, key members on the share market swung wildly in trading on Monday.
ASX lifts; APM, Elders tank; iron ore jumps
Extend grocery code to Amazon, Costco: Woolworths. APM, Elders in profit warnings. Beach dives on Waitsia cost blowout. Platinum’s $527m net outflows. Ex-NAB boss Andrew Thorburn joins HammondCare.
Qantas bets on big boost to frequent flyer scheme
It’s the change the Qantas frequent flyer program had to make, but will it fix widespread frustration among its 15 million-plus members?
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