Atlassian founders add $4bn to their personal fortunes
The personal fortunes of two of the nation’s richest businessmen rocketed by a massive $4bn on paper Friday when investors responded to their tech company beating revenue expectations.
Companies
Storing carbon imports ‘a money maker’ if attitudes change
Australia will pass up a potentially lucrative industry to rivals storing captured carbon emissions unless the federal government lifts its restrictions on importation, says Santos.
Drinks giant brewing up international expansion
Bundaberg Brewed Drinks is planning to reveal a new flavour for its growing South Korean market – its first new product specifically for the international market.
Lendlease offloads infrastructure investor to Japanese buyer
Property giant Lendlease has revealed it’s selling its interest in Capella Capital, a name behind major infrastructure projects such as Melbourne Metro tunnel, to the Sojitz Corporation.
Local bourse enjoys best January trading in two years
Australia’s sharemarket has broken records this week all while its US counterpart takes a deep breath to recover from the shock of China’s AI capability.
Online bookie Pointsbet backs social media ban for children
Bookmaker Pointsbet believes the government’s social media restriction on children is the correct step in order to protect them from adults-only sites such as online betting.
Four million Aussies to benefit as Bupa and Healthscope end war
More than four million Bupa customers can continue to use Healthscope hospitals with no gap fee after the companies ended a months-long stand off. But others aren’t so lucky.
Companies surfing on the crest but waves eventually dump
Companies are generally riding high on the sharemarket’s returns, which is why corporate Australia needs to show some earnings growth in the reporting season or see stock prices hammered.
How DeepSeek has exposed the short lifespan of monopolies
The top investors will tell you that monopolies are the best investments money can buy but as the emergence of China’s DeepSeek shows, assumptions about sectors can be short lived.
US tariffs could be a tailwind for ResMed
ResMed’s competitors might be hamstrung by potential tariffs imposed by the US, boss Mick Farrell says, but adds the company, which delivered a strong quarterly, doesn’t need the help.
Federal Labor on a collision course with miners over green push
The federal government has made a powerful enemy for itself in the west after the Chamber of Minerals and Energy WA said it would fight Labor’s push for so-called nature-positive laws.
Lawsuit levels claims of staff exploitation against Lovisa
Costume jewellery chain Lovisa’s mostly young female staff were exploited, not given proper meal and rest breaks, and even forced to pay for and wear its products each shift, a lawsuit alleges.
How big tech is recalibrating around the DeepSeek threat
Silicon Valley owes its longevity to its ability to pivot and China’s new AI start-up could set it moving in a new direction.
Race sponsor hit with huge debt claim in Supreme Court
The Adelaide 500’s major sponsor, Vailo, faces an enormous claim for allegedly outstanding lease payments, in what is tech founder Aaron Hickmann’s latest stoush with creditors.
Super fund expenses outpacing asset growth
The prudential regulator says super funds’ operating expenses rose sharply to $12.7bn in 2024, driven by a sharp increase in the volume spent on advice.
Different this time: Stocks to buy as interest rates fall
Stocks are soaring as rate cuts loom but value is far from universal. That’s why the nation’s oldest value fund has cast its gaze beyond the big banks and iron ore miners.
Watch out Labor, ‘the super tax could be your downfall’
Labor’s proposed tax on the unrealised gains of super funds could cost it the next election, says fund manager Geoff Wilson, who mobilised investors in 2019 against a planned franking credit hit.
$250m-plus: Explosives giant to offload huge Brisbane facility
Incitec Pivot Limited has put its mega Gibson Island property in the Brisbane River, touted as the largest industrial sale of its kind on the eastern seaboard, on the market.
Faltering coal and record gas exports drive energy price rises
The challenges faced by the electricity grid have been thrown into sharp relief as record solar output fails to offset coal outages and a lack of interconnection, driving spot prices higher.
ASX soars to record high on tech, rate cut hopes
The sharemarket has jumped to a record high of 8515.7 points, amid positive leads from Wall Street after big tech reports and Reserve Bank rate cut hopes. DeepSeek will not derail Microsoft’s $US80bn AI investment this year. Zip and MinRes drop.
Original URL: https://www.theaustralian.com.au/business/companies/page/2