Westpac reveals the identity of its new business boss
The banking major is still to announce a chief financial officer or human resources boss, as new CEO Anthony Miller makes his mark on the executive make-up.
Breaking News
Small business restructuring booms amid economic strain
A sharp rise in small business restructuring appointments is reshaping Australia’s insolvency landscape, with cases tripling in the first half of the 2025 financial year.
Top fund manager attacks Canberra’s ‘appalling’ super deals
Geoff Wilson has accused the federal government of trying to ‘bribe’ Senate crossbenchers to support its tax increases on super by offering last-minute deals.
GrainCorp sounds policy alarm over BP’s renewables retreat
GrainCorp, which planned to build large-scale oilseed crushing plants in WA, has taken a swipe at the nation’s renewable fuels policy after BP put a $600m investment on hold indefinitely.
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Enshrine speedy response against scams into law, says CBA
CBA wants policymakers to include rules in the Scams Prevention Framework that require within 48 hours action by telcos, social media providers and banks, to disrupt scams.
Construction disruption: Australia’s largest glass maker collapses
Australia’s only maker of architectural glass, Oceania Glass, has been placed in administration with 260 jobs on the line less than a year after warning China was dumping cheap products here.
Electricity reserve alarms spike to more than 2-year high
Emergency alerts about a shortage of electricity reserves hit an all-time record for a last quarter of the year in 2024, new data has revealed, as NSW’s two largest coal power stations suffered a spate of debilitating faults.
Markets shaky as China retaliates to US tariffs
China’s swift retaliation with its own tariffs on prime US commodities from oil to agriculture, tech and energy has rattled markets.
WA miners turn up heat on Albo over native title
Efforts by WA’s Labor state government to shore up mining leases are in limbo as an industry leader warns of native title chaos.
Can Australia expect to win a Trump trade war?
Canada and Mexico are writing the playbook in real time over how to navigate Donald Trump’s trade threats.
SA’s Izzi Batt-Doyle claims Australian half marathon record
Adelaide’s Izzi Batt-Doyle has claimed her second Australian record within a year, beating Kerryn McCann’s half marathon record set more than 25 years ago.
Get your liquidity act together, RBA tells super industry
As the super sector’s role in short-term bank funding and foreign exchange markets grows, the RBA wants funds to improve their liquidity risk management to fortify against potential shocks.
US tariff risk to SA farmers
Hopes that interest rates could begin to fall are injecting optimism into the SA economy, but Trump’s tariffs pose as a serious threat to the state’s farmers.
Aussie ports create global first net zero guidance
Ports Australia has created the first industry guidance for net zero emissions globally that it hopes will fuel greater competition and thinking around how the sector can do its bit for the environment.
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