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

‘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

CommentaryCompanies

New Star Entertainment Group chief executive Steve McCann

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.

CEO SURVEY 2026CEO Survey

The sun behind power transmission lines during high temperatures in Columbia, South Carolina, US, on Monday, July 28, 2025. Nearly half the US will wilt under hot, sticky conditions through the bulk of the week as temperatures and humidity soar from Chicago to New York City and New Orleans, boosting power demand and raising health risks. Photographer: Sam Wolfe/Bloomberg

‘Point of no return’: CEOs warn of tipping point on energy costs

Business leaders have issued frank views over energy affordability, questioning green targets at the cost of ‘deindustrialisation’ as manufacturers fight for survival.

Trading DayTrading Day

A busy week has kicked off for our top CEOs - Woolworths' Amanda Bardwell, Coles' Leah Weckert and ASX Ltd's Helen Lofthouse.

Coles, Woolies shares fall on ACCC crackdown; ASX Ltd sinks

Supermarket giants Coles and Woolworths are under pressure as the competition watchdog looks into price gouging. Sharemarket operator ASX dividends to be cut to pay for $150m ASIC hit.

David Rogers and Valerina Changarathil

Sublime Funds Management director Rodney Forrest. Picture: Supplied

Fund manager hopes to avoid jail for insider trading

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

Angelica Snowden

MarketsMarkets

NEW YORK, NEW YORK - DECEMBER 11: Traders work on the floor of the New York Stock Exchange (NYSE) on December 11, 2025, in New York City. The Dow Jones Industrial Average closed at an all-time high on Thursday up nearly 650 points. Spencer Platt/Getty Images/AFP (Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Aussie dollar faces biggest test in a decade

The Reserve Bank’s hawkish shift and the Federal Reserve’s rate cuts defies conventional wisdom, with UBS warning this rare scenario historically catapults the Aussie dollar skyward.

CommentaryCompanies

SYDNEY, AUSTRALIA - NewsWire Photos JULY 08 2025: A general view of the Australian Stock Exchange in the Sydney CBD, ahead of the RBA announcement on Rates today. Photo: NewsWire/ Gaye Gerard

Australia’s stock exchange is broken: can it really fix itself?

The ASX faces unprecedented regulatory intervention as problems run deep that have been building for years. This requires a fundamental reset.

ExchangeMarkets

Consumer spending on AC/DC concerts and other big events puts more pressure on RBA governor Michele Bullock.

An Aussie shares roadmap for surviving the return of higher rates

Our central bank’s monetary policy will diverge from its US counterpart but analysis shows stocks have previously delivered solid returns when the Fed cut rates and the RBA raised them.

Trading DayTrading Day

Treasurer Jim Chalmer's approval means Austal CEO Paddy Gregg will have to keep major shareholders Hanwha and Tattarang, owned by Nicola and Andrew Forrest, on side.

Opportunities & risks: Austal waits on Hanwha’s board seat move

South Korea’s Hanwha is set to become CEO Paddy Gregg-led Austal’s largest shareholder, setting the stage for a boardroom fight with current top stakeholder Tattarang, owned by Andrew and Nicola Forrest.

David Rogers and Valerina Changarathil

CEO Survey 2026Leadership

Northern Star Resources managing director Stuart Tonkin. Picture: Sharon Smith, supplied by Northern Star Resources.

Gold giant’s CEO’s stark warning: reform or fall behind

The head of Northern Star, Stuart Tonkin, warns of looming productivity challenges that require bold government action on skilled worker shortages and energy costs.

Stuart Tonkin

CEO Survey 2026CEO Survey

Simon Trott, chief executive officer of iron ore at Rio Tinto Group, in Perth, Australia, on Wednesday, Oct. 18, 2023. Rio Tinto will spend $70 million to lift production at Gudai-Darri, its newest mine in Western Australia’s Pilbara region, according to Trott. Photographer: Carla Gottgens/Bloomberg

‘A survival issue’: Rio Tinto on surging energy costs

Persistent cost pressures and energy concerns could spell trouble for Australian heavy industry unless governments work with business on competitive solutions, Rio Tinto’s new boss Simon Trott says.

Simon Trott

CEO SURVEY 2026Companies

Mike Henry, chief executive officer of BHP Group Ltd., at the company's headquarters in Melbourne, Australia, on Tuesday, Aug. 27, 2024. BHP Group, the world’s biggest miner, reported full-year profit edged up 2%, in line with analyst forecasts, even as China’s property market continued to weigh on its economy and demand for iron ore. Photographer: Carla Gottgens/Bloomberg

‘A reform priority’: BHP CEO’s warning for Australia

Mike Henry has warned Australia’s energy prices are running more than double those of global competitors, the miner reveals its AI initiatives are starting to deliver real savings.

Mike Henry

MarketsMarkets

US Federal Reserve chair Jerome Powell. Picture: Getty Images

How the rate divide could boost the Aussie dollar

The RBA could soon charge higher interest rates than America for the first time in over two decades, creating unprecedented opportunities and risks for investors.

Trading DayBusiness Breaking News

Climate protesters keep Westpac's AGM proceedings in the spotlight amid an investor push for change and November jobs data missses expectations.

Stocks trim gains as Oracle’s results damp US rate cut rally

An overwhelming majority of Westpac investors have voted down a climate resolution as protesters pushed for change. November jobs data muddies the waters for the RBA, but inflation concerns may take precedence.

David Rogers and Valerina Changarathil

ExchangeMarkets

Illustration and Painting

‘Glamour’ of AI stocks hides the growing risks, says funds giant

Vanguard’s $16.5 trillion funds empire has declared that the Magnificent 7 tech stocks in the US are a ‘poor bet’ while championing one of the most boring investments on Wall Street.

Trading DayTrading Day

Gold and silver miners are the day's big movers. Bapcor chief executive Angus McKay has his task cut out on turning around the auto-parts group as balance sheet concerns rise.

Precious metals’ record run drives mining gains; Bapcor gearing risks

Investors pile into precious metals miners as silver hits new record highs after meteoric gains in gold and silver this year. Analysts say Angus McKay-led Bapcor’s profit downgrade has made its ‘gearing more of a concern’.

David Rogers and Valerina Changarathil

Trading DayTrading Day

RBA artwork

Bullock flags potential rate hikes next year

Reserve Bank governor Michele Bullock has flagged the RBA would potentially look at hiking interest rates ‘at some point next year’.

David Rogers and Valerina Changarathil

CommentaryMarkets

SYDNEY, AUSTRALIA - NewsWire Photos - 09 DECEMBER 2025: RBA Governor Michele Bullock gives a statement after the RBA's Monetary Policy Decision to keep interest rates on hold. Picture: NewsWire / Christian Gilles

RBA is sugar-coating inflation and we will all pay the price

The RBA’s reluctance to slam the door on rate cuts looks increasingly like a costly mistake and governor Michele Bullock needs to get tough before it’s too late.

marketsMarkets

A mining truck at the Covalent lithium mine in Western Australia, owned by Wesfarmers. Picture: Cameron England

Banks split on timing of lithium price rebound

Lithium stocks have rocketed after years in the doldrums, but the euphoria could face a harsh reality check from emerging sodium-ion technology threatening to steal market share.

Trading DayTrading Day

It's potentially a big week RBA governor Michele Bullock, US Federal Reserve chair Jerome Powell and Corporate Travel Management boss Jamie Pherous.

RBA, US rate decisions week; Corporate Travel fears spread

RBA decision on Tuesday may signal rate hikes next year, while US Fed chair Jerome Powell delivers a rate cut on Thursday. Jamie Pherous-led Corporate Travel’s troubles have triggered investor enquiries at another ASX major.

David Rogers and Valerina Changarathil

MarketsMarkets

A woman uses a tablet device to take a photograph of an electronic board displaying stock information inside the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, on Thursday, Nov. 10, 2016. Stocks in Asia rebounded from their steepest slide since Brexit, industrial metals surged and regional bonds tumbled after Donald Trump's election victory and spending pledges spurred gains in U.S. shares. Photographer: David Moir/Bloomberg

S&P downgrades ASX outlook over risk failures

ASX Ltd, the parent company of Australia’s market operator, has had its credit outlook downgraded from stable to negative, the latest in a litany of setbacks for the stock exchange.

MarketsMarkets

SYDNEY, AUSTRALIA - NewsWire Photos NOVEMBER 4, 2025: RBA Governor Michele Bullock during a press conference on Tuesday following the decision to keep interest rates on hold at 3.6 per cent. Picture: NewsWire / Nikki Short

Economists ditch rate cuts for increases after data shocks

Financial markets have abandoned hopes of Christmas rate cuts and are now betting on RBA hikes as early as February after inflation data shattered economists’ forecasts.

CommentaryCompanies

Stacks of containers sit at the Port of Baltimore in Baltimore, Maryland, on March 31, 2025. World economies were jittery on March 31 ahead of US President Donald Trump's

Macquarie’s monster port deal shaping up as bigger test

The timing is no coincidence. Macquarie’s $9.2bn tilt at Qube will be the first major deal to face the treasurer’s revamped merger rules – and the ACCC is ready to move.

Trading DayTrading Day

Updates from Rio CEO Simon Trott, Premier chair Solomon Lew and NextDC boss Craig Scroggie are on investor radars on Friday.

Rio weaker; Premier slumps on ‘material downgrade’; NextDC lifts

Rio investors are sifting through CEO Simon Trott’s reset plans. Retail king Solomon Lew’s guidance misses market expectations. NextDC jumps on OpenAI partnership.

David Rogers and Valerina Changarathil

ExclusiveBusiness

SOHN Hearts and Minds, Investment Leaders Conference Peter Cooper Cooper Investors Pic Ben Searcy 15/11/2024SOHN Hearts and Minds, Investment Leaders Conference Pic Ben Searcy 15/11/2024

Peter Cooper seeks $260m for elite fund in pivot away from super

The billionaire fund manager has opened his star-performing Park Road Fund to external investors after $4bn flowed out of his investment firm amid industry upheaval.

Trading DayTrading Day

Copper miners are enjoying big gains in trading, but billionaire Gina Rinehart-backed Vulcan is the worst perfomer.

BHP, Rio lift on copper record; Rinehart-backed Vulcan dives

Copper prices hit a fresh high in London trading after miner Glencore cut its near-term output target. Billionaire Gina Rinehart-backed lithium group Vulcan down after capital raise.

David Rogers and Valerina Changarathil

marketsMarkets

Holiday decorations are displayed as traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York on December 3, 2025. Wall Street's main stock indices dipped on Wednesday after data showed US businesses unexpectedly shed jobs last month. The US private sector shed 32,000 jobs in November, according to payroll firm ADP, compared to a small gain expected by analysts. (Photo by TIMOTHY A. CLARY / AFP)

Patience the play as markets mull AI bubble or boom

The biggest question isn’t whether artificial intelligence will transform the world – but whether investors will stay patient long enough to find out.

CommentaryThe Wall Street Journal

SYDNEY, AUSTRALIA - NewsWire Photos NOVEMBER 4, 2025: RBA Governor Michele Bullock during a press conference on Tuesday following the decision to keep interest rates on hold at 3.6 per cent. Picture: NewsWire / Nikki Short

Prospect of RBA rate hike is being kicked around

Bank economists have begun crunching numbers on potential interest rate increases as early as February, with inflation indicators pointing to a reversal of recent cuts.

MarketsMarkets

The supply of copper being produced by North West Queensland has been bolstered by final development approval given to Eva Copper Mine. Picture: Copper Mountain Mining.

Copper’s surge: supply crunch fuels record prices

Copper prices have smashed through $US11,400 per tonne for the first time as global disruptions create severe supply shortages.

Trading DayTrading Day

It's the second day of a court hearing into ASIC's $240m fine on ANZ, led by chief executive Nuno Matos.

‘Taking a lot on faith’: ASIC’s lack of compliance action against ANZ

Corporate regulator ASIC taken to task over what the regulator has done to ensure ANZ, led by new chief Nuno Matos, does not repeat its past failures.

David Rogers and Valerina Changarathil

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