Business

Star CEO Steve McCann against background of empty Queen's Wharf casino

GamingCompanies4 minutes ago

Star CEO departs with big windfall

Steve McCann has pocketed $16m for steering Star Entertainment through its darkest period, but his departure leaves the company’s future hanging in the balance.

Ben Wilmot and Valerina Changarathil

CBA, Australia's biggest home loans group, is the first to tip a rate hike at the RBA's meeting in February.

LIVE

Trading DayTrading Day11 minutes ago

‘Pressures have emerged’: CBA, NAB tip Feb rate hike

Mortgage lending giants CBA and NAB are now predicting the Reserve Bank will lift the official cash rate in February with the economy ‘perhaps already breaching’ its speed limit.

David Rogers and Valerina Changarathil

2:09 pm
Dalrymple refinancing improves dividend outlook: Citi
1:47 pm
‘Erosion of harmony’: Orica chair’s Bondi warning
1:04 pm
NAB sees RBA hiking in February, May
12:49 pm
ASX 200 turns down as US futures dive
12:02 pm
Orica AGM reinforces strong FY26 start: RBC

Rio and partners to pump $500m into iron ore project while rejecting $US1.3bn Russian court funding against it.

MiningMining & Energy

Rio bets $525m on WA iron ore, rejects Russia’s $2bn damages ruling

The mining giant and its partners will pump some $525m into studies and exploration work in a bid to bring the Rhodes Ridge iron ore project in Western Australia into production by 2030.

Brad Thompson

13/10/2025 ANZ CEO Nuno Matos delivers their updated strategy - ANZ 2030. Aaron Francis / The Australian

CEO Survey 2026Leadership58 minutes ago

ANZ CEO tips ‘modest’ economic growth in 2026

Nuno Matos expects local economic growth to be modestly stronger in 2026, in line with a pick-up in household spending.

Nuno Matos

CommentaryCompanies

Eric Johnston

Associate Editor

McCann’s $11m exit: How Star’s rescue became golden parachute

Dealmaker Steve McCann was never going to be around for the long haul – and all the signals from Star’s new backers early on were they wanted their hand-picked team in place.

Eric Johnston

Associate Editor

DATAROOMDataRoom

MELBOURNE, AUSTRALIA -NewsWirePhotos- MARCH 12, 2025: Healthscope is preparing for sale just weeks after coming under scrutiny following the death of a two-year-old boy at one of their NSW hospitals. A Healthscope spokesperson confirmed the company had entered into

Operators closing in on HMC’s Healthscope hospital leases

Bridget Carter

EV turmoilTechnology

2022 Ford F-150 Lightning electric pick-up truck.

Ford’s U-turn: why your next car won’t be an EV

Jared Lynch

ExclusiveBusiness

Santos vice president of Technical and Engineering Diana Hoff, an American recruit, at head office in Adelaide.

BUSINESS GRIEVESMining & Energy

Miner Jake Klein shares heartbreak at anti-Semitism’s deadly rise

Jake Klein, the executive chairman of gold miner Evolution Metals, expressed sadness that Australia’s inability to crush anti-Semitism gave rise to 15 people being gunned down on Bondi Beach.

Brad Thompson, Ben Wilmot and Colin Packham

Rob Scott, chief executive officer of Wesfarmers Ltd., in Perth, Australia, on Friday, Aug. 26, 2022. Wesfarmers shares fluctuated after the retailer's net profit from continuing ops excluding significant items for the full year that beat the average analyst estimate. Photographer: David Dare Parker/Bloomberg

CEO Survey 2026Leadership

Australia is at a ‘tipping point’: Wesfarmers CEO

Rob Scott says Australia faces requires bold tax and regulatory reform or risks consigning the nation to ‘mediocrity and missed opportunity’.

Rob Scott

Dataroom

DATAROOMDataRoom

Branding issue stalls Perpetual’s $1bn wealth sale

Perpetual’s $1 billion wealth management sale to Bain Capital faces fresh delays as negotiations stall over branding rights.

Bridget Carter

DATAROOMDataRoom

Steadfast shares hit low amid private equity buyout talk

Steadfast Group’s shares hit historic lows against a backdrop of acquisition rumours, defying analyst confidence in the insurance broker’s earnings targets.

Bridget Carter

DATAROOMDataRoom

How private hospitals respond to a crisis like the Bondi massacre

Private hospitals have emerged as crucial back-up support for public facilities during mass casualty events like Sunday’s Bondi shooting massacre.

Bridget Carter

DATAROOMDataRoom

One of nation’s largest cattle stations makes record sale price

A massive one million hectare Northern Territory cattle property jointly owned by retail billionaire Brett Blundy has sold for what’s believed to be Australia’s most valuable single-station transaction.

Bridget Carter

Margin Call

Australian Army soldiers from 16th Regiment, Royal Australian Artillery, receive training on a NASAMS Mk II Canister Launcher during a trial and certification activity at the Beecroft Weapons Range, NSW. *** Local Caption *** The Australian Army National Advanced Surface to Air Missile System (NASAMS) will provide a Beyond Visual Range (BVR) Ground Based Air Defence (GBAD) capability against airborne threats such as aircraft, unmanned aerial vehicles and cruise missiles through Project LAND 19 Phase 7B. Soldiers from 16th Regiment, Royal Australian Artillery, recently joined industry partners during a trail and certification activity at Beecroft Weapons Range in NSW. The activity was a chance for soldiers to familiarise themselves with the new equipment and meet subject-matter experts from Raytheon and CEA Technologies prior to taking delivery of NASAMS. Photo: Australian Department of Defence / Supplied

MARGIN CALLMargin Call

Arnott’s loan small bickies against Canberra’s under-the-radar defence buy

Man using laptop computer in his home office. Generic image.

Margin CallMargin Call

CEOs’ work-from-home meltdown is the ultimate tanty in stupidity

Margin CallMargin Call

Where was the fossil-fuel fury Westpac AGM was promised?

9.8.2019. GFG Alliance executive chairman Sanjeev Gupta launches the GFG Foundation's copilot program in Whyalla. PIC TAIT SCHMAAL.

MARGIN CALLMargin Call

You’ve Gupta be kidding: Auditor quits over debt deal

Creative Australia helped with the funding application for John Menadue's Pearl's and Irritations site.

Margin CallMargin Call

Arts body’s creative coaching so ex-Qantas boss got tax-free status

Wealth

Analysis reveals Australian property investors have been comparing apples with oranges when claiming houses beat shares as long-term investments.

shares v propertyProperty Investing

Why shares beat property by a ‘country mile’

Analysis reveals Australian property investors have been comparing apples with oranges when claiming houses beat shares as long-term investments.

Chris Brycki

Finger touch with property investment Icons over the Network connection on property background, Property investment concept.

investing realityProperty Investing

Five property market myths that could cost investors

The hot property market has exposed common investment myths that could trap investors as prices continue to climb.

James Kirby

US share indices have not just outperformed Australian shares this year, they have beaten them out the door

performance comparisonInvesting

The investors backing the wrong sharemarket

Does Australia’s bigger dividend-paying sharemarket really deliver the best return for investors?

James Kirby

CEO Survey

Damien Nicks is the Managing Director & Chief Executive Officer. Damien was appointed as Managing Director & Chief Executive Officer on 19 January 2023. Picture: Supplied

CEO Survey 2026Leadership

Right government energy transition policy ‘essential’: AGL CEO

AGL boss Damien Nicks says a co-ordinated approach to achieving net zero will foster economic growth and productivity, create new jobs and industries, and attract sustainable investment in Australia.

Damien Nicks

Pictures of Fortescue AGM in Perth at Optus Stadium. Pictures of Mining CEO Dino Otranto during the AGM in Perth. Photo Ross Swanborough. 061124

CEO Survey 2026Leadership

Execution of Australia’s energy transition ‘wobbly’: Fortescue boss

Fortescue’s metals and operations boss Dino Otranto says Australian needs a clearer, faster route to delivery, especially on approvals and transmission for renewables firmed by batteries.

Dino Otranto

SYDNEY, AUSTRALIA - NewsWire Photos - NOVEMBER 03, 2025: Westpac CEO Anthony Miller pictured at Barangaroo. The company is delivering its full year results today. Picture: NewsWire / Dylan Robinson

CEO Survey 2026Leadership

Investment faces ‘challenging’ inflation: Westpac CEO

Westpac boss Anthony Miller says Australia needs more private sector investment and activity in lieu of public sector spending.

Anthony Miller

Sturt Krygsman illustration of Patrick Houlihan (Dulux) for the business pages on 18/02/2023 Version: Business Cartoon (1024x768 - Aspect ratio preserved, Canvas added) COPYRIGHT: The Australian's artists each have different copyright agreements in place regarding re-use of their work in other publications. Please seek advice from the artists themselves or the Managing Editor of The Australian regarding re-use.

CEO Survey 2026Economics

How red tape almost strangled a factory expansion

DuluxGroup has revealed its $130m Sydney factory expansion required 18 months of approvals and 40 reports spanning 3500 pages despite being built on its existing site.

Lilly Vitorovich

Commercial Property

Westfield Chermside was packed with shoppers during the Black Friday sales.

Retail propertyCommercial

Malls back in fashion as landlords rush to buy

Australia’s shopping mall investment market has flipped from pandemic pariah to billion-dollar battleground in a stunning industry transformation.

Ben Wilmot

16/2/22: Greg Goodman, Head of Goodman Group ahead of the release of the company's results. John Feder/The Australian.

CEO Survey 2026Leadership

‘Everything comes back to productivity’: Goodman CEO

Energy policy and infrastructure underscores industry, and if we ‘run out of energy, we’re going to run out of competitive advantage and productivity’, warns Goodman boss Greg Goodman.

Greg Goodman

Saint Hotel St Kilda. Picture: Sharyn Cairns

exclusiveCommercial

Another of failed pub baron Jon Adgemis’ hotels sold off

A diversified property developer has rescued a landmark St Kilda pub from the wreckage of a failed hospitality empire, promising to restore its former glory.

Lisa Allen and Ben Wilmot

Spotlight

WineBusiness

Investors fear the worst for Treasury Wine’s next move

Pictured at the Glass Restaurant at Marina Mirage , restaurant owner Ms Shanan Harmelin pictured with the new Penfolds Grange 2005 .also grange 1992 and 2004.

The Penfolds owner faces a potential banking covenant breach as wine sales plummet across key markets, leaving investors bracing for devastating news on Wednesday.

Eli Greenblat

CourtsBusiness

Fund manager hopes to avoid jail for insider trading

Sublime Funds Management director Rodney Forrest. Picture: Supplied

A Sydney fund manager’s ‘spontaneous’ decision to photograph secret takeover documents has become ASIC’s first major insider trading unit outcome.

Angelica Snowden

CEO SURVEYCEO Survey

‘Burning platform’: CEOs sound alarm over productivity crisis

**EMBARGOED FOR 13/12/2025** 10 December 2025; Australia's most influential chief executives come together to discuss the outlook for the economy, growth strategies, and the challenges facing the corporate sector in the year ahead, presented in partnership with Deloitte. Sources: Supplied. Artwork by Frank Ling. Ratio 4:3. For DIGITAL or PRINT. Snippets: 16:9 - c20a6578574101b8d4b276915db62919 4:3 - 0c21f5a5967220b4640696b01fedc63e 4:3 (text only) - e3bd43d388cc04c46f0c99a8f3c7d7dd

Nearly 80 CEOs are unified in worrying that Australia’s productivity malaise has reached crisis point, threatening to lock Australia into a low-growth spiral.

Eric Johnston

MiningMining & Energy

Fortescue’s Peru copper deal wins thumbs up

31/10/2025 Dr Andrew Forrest AO Executive Chairman of Fortescue at the Fortescue AGM at Ritz Carlton, Perth. Pic Colin Murty

Andrew Forrest’s Fortescue will look to develop its first copper mine in northern Peru in an attempt to diversify after retreating on plans to become a major green energy producer.

Brad Thompson

EXCLUSIVEBusiness

Rio Tinto walks away empty handed from WA’s lithium corridor

Allkem's Mt Cattlin lithium mine in WA. Picture supplied by Allkem.

Rio Tinto has surrendered almost 150,000ha of lithium exploration ground in WA and appears it will prioritise the brine-based production of the mineral Argentina is famous for.

Brad Thompson

EXCLUSIVETechnology

Big brother: this app will watch you at work

*HOLD FOR Carolyn Dominic* Machine learning technology diagram with artificial intelligence (AI),neural network,automation,data mining in VR screen.Coworking process, entrepreneur team working in creative office space using digital tablet. .Picture: istock

A Sydney start-up has launched an AI system that monitors employee computer screens in real-time, promising to slash digital transformation projects from years to just 30 days.

Jared Lynch

CFO Journal

Grandfather and his grandchildren repairing old furniture in garage. Home isolation during COVID-19.

CFO Journal

How family businesses plan for growth opportunities ahead: survey

Family businesses are becoming more outward-looking, technologically enabled, and professionally managed, according to a Deloitte Private global survey.

Wolfe Tone, Adrian Batty and Rebecca Gooch

Database Management: Man Holding Global Network and Connecting Data of Database Management with Business on the Internet, Efficient Organization, Seamless Integration.

CFO Journal

Can M&A power the energy transition while creating value?

Bold choices are required to future-proof our economy, society and environment at a time of escalating energy demands from the rise of electrification and the AI-led revolution.

Marc Hofmann and Haider Ansari

CFO Journal

Reassessing brand value in the age of social media

Strong social engagement can translate into real brand equity far beyond what traditional marketing can deliver. However, this equity is rarely captured on company balance sheets.

Renee Jaszewski and Wendy An

Geographic expansion is gaining momentum in the strategies of CEOs across APEC

CFO Journal

APEC CEOs pivot on innovation and M&A to build resilience

A new survey finds APEC business leaders adopting a philosophy of expansive resilience.

David Hill, Benjamin Finzi, and Stuart Johnston

Tech Journal

Deloitte leaders on the tech shifts that will define 2026

Companies using AI - Young Happy Businesswoman Using Laptop Computer in Modern Office with Colleagues. Stylish Beautiful Financial Advisor Working. VFX Hologram Edit Visualizing Stock Exchange Interface, Opened Charts.

A data centre investment boom, redefined user experiences, realising trust is more than humans in the loop and that understanding AI tools are not enough.

Deloitte Team

Tech Journal

Our generational opportunity to claim leadership role in the AI era

AI leadership - Business network concept. Group of businessperson. Teamwork. Human resources.

We must ensure that as AI technologies move from experimental to essential, Australia possesses the capacity to lead rather than follow.

James Allan

Technology

Renowned for its decadent menu of dry-aged and wood-fired meats, BLACK Bar & Grill at The Star, Sydney is adding one of the rarest and most exclusive cuts of Wagyu steak in the world to its menu this, month, for a limited time only., The ‘Five 8s Lucky Tomahawk Steak’, named for its lucky price tag of $888.88, is the result of a long-term, partnership between Executive Chef Dany Karam and Blackmore Wagyu, an award-winning and, internationally-renowned Australian producer of 100% Fullblood Wagyu beef.

EXCLUSIVETechnology

Unmasking the secret to perfect wagyu

From beer-fed cattle folklore to AI precision – a Melbourne start-up has landed $23m to revolutionise how the world’s most premium beef is graded.

Jared Lynch

England's team captain Ben Stokes looks on following his team's defeat in the first Ashes cricket Test match between Australia and England at Perth Stadium in Perth on November 22, 2025. (Photo by Saeed KHAN / AFP) / --IMAGE RESTRICTED TO EDITORIAL USE - STRICTLY NO COMMERCIAL USE--

wearablesTechnology

Cricketers use this fitness tracker that analyses blood tests

A fitness tracker used by England’s cricket team in the Ashes now allows users to upload raw blood test results directly to its app for analysis.

Jared Lynch

(FILES) This photo taken on October 30, 2025 shows 10-year-old Bianca Navarro lying on the floor as she watches a show on YouTube at her home in western Sydney. Australia will ban young teenagers from social media on December 10, 2025, launching a world-first crackdown designed to unglue children from addictive scrolling on the likes of Facebook, Instagram and TikTok. (Photo by David GRAY / AFP)

Technology

How social media wiped out reading and art for a generation

Australian children’s participation in art has sunk by 200 per cent while kids who had never read for fun surged surged to 53 per cent, new research shows.

Jared Lynch

CANBERRA, AUSTRALIA, NewsWire Photos. MARCH 26, 2024: Facebook whistleblower Frances Haugen delivers a keynote address to the Australian Cyber Conference at the National Convention Centre in Canberra in Canberra. Picture: NCA NewsWire / Martin Ollman

exclusiveNation

Social media ban ‘will change world’, says whistleblower

Frances Haugen, who exposed harm being done to teenagers, says Australia’s under-16s social media ban will spark a global revolution and force platforms to prioritise safety.

Joe Kelly

Stockhead

StockheadStockhead

How to pick an ASX gold developer

ASX gold developers are running hot but not all are made equal. These are Argonaut Funds Management’s three top ranked picks.

Josh Chiat

StockheadStockhead

Two ASX explorers primed for a big 2026

Midas Minerals and Enegex have had strong ends to 2025. But those in the know believe they’re in line to boom again in 2026.

Barry FitzGerald

SponsoredSponsored

JAV on track for 2026 gold production

Javelin Minerals ticks off a key milestone on path to Eureka gold production with mining proposal lodged.

Special Report

SponsoredSponsored

RML new chief metallurgist to drive downstream processing

Resolution Minerals has appointed a new chief metallurgist, Dr Adam Roper, to develop a processing pathway for defence metals at its Horse Heaven project in the US.

Special Report

Original URL: https://www.theaustralian.com.au/business

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