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Thursday, 7 December 2023

Business

thumbs upCommentsPremiumAnalyst gives Rio’s $9.5b ‘Pilbara killer’ the tick

Australia’s ‘millionaires factory’ has given Rio Tinto’s update on its slated $9.5 billion investment towards the mega Simandou iron ore project the thumbs up.

Adrian Rauso

Airline issues CommentsPremiumIATA puts aviation issues back on Government

Aviation has been a contentious issue in Australia, but the peak airline body says Government needs to step up and innovate.

Gerard Cockburn

Near missCommentsPremiumNAIF reveals $140m Aus Potash loan was parked

A Federal Government fund which had pledged $140 million to now-collapsed miner Australian Potash says the loan never proceeded.

Matt Mckenzie

businessMiraculous ASX turnaround due to one sector

One sector has managed to turn its fortune around on the share market, ending the day on a high after shock news this morning sent prices tumbling.

Eli Green

breaking
breaking
Preliminary discussion
Premium
breaking
Woodside confirms it’s in $80b merger talks with Santos

A merger between oil and gas players Woodside Energy with Santos could create a mega-player with a market cap of up to $80b.

Matt Mckenzie, Simone Grogan, Adrian Rauso and Adrian Lowe

Rental crisisCommentsPremiumPerth rents forecast to rise by as much as 9.5% next year

Conditions are about to get a whole lot tougher for Perth’s embattled tenants, with experts predicting rental costs will rise by as much as 9.5 per cent next year.

Raquel de Brito

analysis
analysis
Katina Curtis
Comments
analysis
IR win for Government may turn out to be a Christmas trap

The Government’s surprise end-of-year deal to pass a chunk of the changes – crucially, including a crackdown on labour hire – has infuriated businesses who were sure they had crossbenchers in their corner.

Katina Curtis

opinion
opinion
IR battle
CommentsPremium
opinion
Labor has declared war on the economy’s powerhouse industry

Anthony Albanese and his top team have “declared war” on the sector powering the economy and it’s a battle that could prove to be Labor’s undoing. 

Sarah-Jane Tasker

AgricultureInquiry reveals recipe to ensure nation's food security

A national plan and the appointment of federal minister are among 35 recommendations of a year-long parliamentary inquiry examining food security in Australia.

Liv Casben

El Fuego deal cuts Hot Chili 2024 option by $10m

ASX-listed Hot Chili has reduced its 2024 option payments by US$10 million after renegotiating a previous agreement for its El Fuego landholdings adjacent to its Costa Fuego copper-gold project in Chile.

Michael Philipps

Sponsored

‘Retrograde, damaging’CommentsBHP boss Geraldine Slattery blasts rushed IR changes

BHP Australia President Geraldine Slattery has lambasted the expedited passing of the Federal Government’s contentious “Same Job, Same Pay” policy, labelling the move as “rushed” and “extremely disappointing”.

Simone Grogan

Critical Minerals homes in on Lindfield vanadium

Critical Minerals Group has become more laser-focused in on its 100 per cent-owned Lindfield vanadium project in north-west Queensland after agreeing to shed 75 per cent of its share in two non-core assets.

Andrew Duffy

Sponsored

CNBCCommentsFour to six years to fix China’s property crisis

On the extreme end, residential construction in the relatively poor province of Guizhou could take well over 20 years to complete.

Evelyn Cheng

NEWSShock price of Christmas staple

A small-business owner is calling out supermarkets for their unsustainable fruit and vegetable cosmetic specifications.

Jordan McCarthy

GreenTech nails new lithium hits in Pilbara pegmatite

GreenTech Metals’ rock-chip sampling has nailed new lithium hits along a 2.5km-long pegmatite zone at its Kobe trend in WA’s Pilbara region, with best results ranging from 1.01 to 2.31 per cent lithium oxide.

Doug Bright

Sponsored

Colossus hits continue for Viridis as Brazil project grows

Viridis Mining & Minerals has recorded impressive assays from auger and diamond drilling at its Colossus rare earths project in Brazil, proving widespread ionic adsorption clay mineralisation at the operation.

Michael Philipps

Sponsored

UPDATEDPremiumWalkleys’ shock call on Lehrmann exclusive

The Walkley Foundation has issued a bombshell update on Channel 7’s exclusive interview with Bruce Lehrmann.

Blake Antrobus

‘overpromised’PremiumChinese suitor lashes reluctant target Tietto

Tietto Minerals’ second largest shareholder says the miner has “consistently overpromised and underdelivered”, after Tietto emphatically rejected its takeover offer then promptly missed production guidance.

Adrian Rauso

KalGold hits shallow gold in Providence drilling

Recent RC drilling at Kalgoorlie Gold Mining’s Providence prospect has turned up promising gold grades from just 20m depth, with broad runs of lower, but supportive grades prompting thoughts of open-pit mining.

Doug Bright

Sponsored

RetailPremiumThousands affected by supermarket error

Coles supermarket has issued an apology and refund to thousands of customers who paid too much for items which were meant to be on sale.

Aisling Brennan

updated
updated
‘We backed you’
CommentsPremium
updated
‘ECONOMIC VANDALISM’: IR deal a ‘complete breach of trust’

Big businesses and miners have lashed out at crossbenchers and the Government for a ‘sneaky’ deal that has led to the surprise passage of changes in industrial relations.

Katina Curtis

‘Changing preferences’CommentsPremiumBankwest to shut another one of its branches

Bankwest will close another one of its branches in early 2024 amid a decline in cash use as customers increasingly embrace digital payments.

Cheyanne Enciso

Rocky road aheadPremiumWarning of more rate hikes as economy faces ‘hardships’

Influential credit agency S&P Global Ratings has warned hardships for Australia’s economy will persist, with a stronger recovery from softening conditions “not yet in reach”.

Adrian Lowe

firing upPremiumLynas gets first feed into Kalgoorlie kiln

The first feed of material from Lynas Rare Earths’ Mt Weld operation has passed through its Kalgoorlie processing facility, as the miner edges closer towards restarting production at its Malaysian plant.

Adrian Rauso

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