‘Make them pay’: Algal bloom storm grows
Protesters tried to confront the CEO of South Australian oil and gas giant Santos on Wednesday, demanding money to clean up the state’s algal bloom disaster.
Companies
Air NZ picks tech chief as new captain amid headwinds
The airline’s board has turned to its tech boss to succeed CEO Greg Foran amid ‘immense challenges’ including climate change, technology and cost pressures.
‘Boils my blood’: Fury over company collapse
Cocktails and a Cadillac in the centre of the room all screamed success but a big name from in Aussie entertainment wants to lift the lid on the industry.
Jewellery tycoon dies aged 86
Sir Michael Hill, who turned a small family jewellery store into a $650m global empire spanning three countries, has died aged 86 after battling cancer.
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Qatar victims win right to sue over invasive internal searches
Australian women subjected to invasive examinations at Hamad International Airport have won the right to sue Qatar Airways in a landmark court victory.
ASX down slightly; Macquarie, Bapcor disappoint
Macquarie quarterly profit falls, CFO flags exit. RBA governor cautions on speed of inflation fall. Bapcor sinks on profit warning, board exodus.
Questions as ATO wipes former PM’s $1m bill
The ATO is under pressure to explain why it wrote off almost $1 million in interest and late penalties owed by one of Paul Keating’s companies.
‘Without it, town’s gone’: Job bloodbath looms
About 17,000 jobs are in jeopardy as Swiss miner Glencore reveals it is considering shutting down two operations.
ASX jumps as Trump talks trade deals
Investors buy up Australia’s major miners and energy producers after the US and Japan announced a trade deal, pushing up the ASX on Wednesday.
1000 jobs slashed in huge Aussie restructure
Almost 1000 staff will be slashed from one state’s transport authority in a massive restructure.
ASX hits 3-day high led by miners, resurgent banks
Glencore preps for Queensland smelter closure. Ampol flags lower earnings. Woodside’s US hydrogen hit. Quarterly updates weigh on Telix, Paladin.
Virgin tweaks power bank policy after mid-air fire
A mid-air fire on a Virgin Australia flight has prompted an update to the airline’s policy on the carriage of power banks, to ensure they are in view at all times.
Qantas refund class action delayed amid document search
A class action against Qantas over its handling of Covid-19 travel credits will focus on what call centre staff were told to tell customers about their refund entitlements.
ASX ends flat amid banks/miners switch; RBA keeps rate cuts in the frame
CBA leads bank losses, offset by gains in miners and CSL. RBA lowers chance of ‘severe’ hit to economy. Insignia’s relief rally as CC Capital’s lower-than-expected $4.80 per share offer lands.
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