Latest
Elliott promises more growth for ANZ in mortgage assault
The ANZ chief executive tempered expectations that the “mortgage wars” that have dented profit margins would soon ease.
- 10 mins ago
- Lucas Baird
Comyn loses his deputy; No ship to Red Sea; Inside the secret CEO school
Read everything that’s happened in the news so far today.
- 25 mins ago
Almost half of all Virgin Australia flights delayed in November
Some 62 per cent of domestic Qantas flights arrived on time, with Transport Minister Catherine King warning the government could act if issues persisted.
- 1 hr ago
- Kylar Loussikian and Ayesha de Kretser
Billionaire Richard White spends $11m on Rolling Stone’s local owner
The WiseTech founder, worth an estimated $10.5 billion, will bankroll ASX-listed Vinyl Group’s acquisition of The Brag Media.
- 1 hr ago
- Sam Buckingham-Jones
CBA’s Matt Comyn loses his right-hand man, the meticulous David Cohen
Over 15 years at the bank, David Cohen has seen it all. On his retirement, he provides a potted history of CBA’s numerous troubles and its transformation.
- James Eyers
Oil edges higher as Red Sea risks outpace rising US inventories
Oil swung in a wide range before ending the session in New York modestly higher, extending its winning streak to three days.
- Updated
- Julia Fanzeres and Alex Longley
Opinion & Analysis
AI is a two-speed conversation inside companies
CEOs are exploring all sorts of ways to use artificial intelligence. Their workers, however, feel unprepared for changes.
Columnist
More questions, no answers, about Turkish flights take-off
It would be in the national interest for the aviation white paper to lay out a proper pro-competition, pro-passenger framework so that regulatory decisions don’t continue to invite speculation about integrity.
Editorial
Rinehart walks the talk with $1.7b lithium buy
Gina Rinehart’s Hancock Prospecting has been in a few lithium scraps, but has invested more in the sector than most this year. Azure Minerals is significant.
Columnist
Red Sea oil spike is exactly what markets and central banks don’t need
Falling energy price have made the fight against inflation much easier, which in turn has boosted markets. The Red Sea attacks threaten to change that.
Columnist
Companies in the News
Lynas Corporation
Mineral Resources
ASX Limited
Updated: Dec 21, 2023 – 12.10pm. Data is 20 mins delayed.
Search companies
View stories and data from an ASX listed company
Featured
Has Australia’s largest bookmaker peaked?
Sportsbet has enjoyed a meteoric rise with its customer promotions and aggressive marketing strategy. Taking it to the next level may be difficult.
- Zoe Samios
The world just made it clear the fossil fuel era is ending
More than any climate deal before it, the new pact reflects a recognition that the world is doing more harm than good by prolonging the era of coal, oil and gas.
- Chico Harlan, Maxine Joselow and Timothy Puko
The fate of ANZ and Suncorp deal is in the hands of these three people
The high-stakes legal battle over whether the $4.9 billion transaction should proceed is half done. And so far, it is unclear who’s on top.
- James Eyers
More From Today
Chemist Warehouse: A look inside the deal of 2023
This week on The Fin podcast, Carrie LaFrenz and James Thomson on the rise of Chemist Warehouse, its deal with Sigma and the biggest risk facing the new merged business.
Yesterday
Flexibility, part-time work needed for better bench, says judge
Court of Appeal judge Janine Pritchard has called for greater flexibility in the judiciary to stop top women candidates self-selecting out of a judicial career.
- Maxim Shanahan
FedEx profit falls below expectations on drop in air and truck cargo
FedEx said that this year’s peak holiday volume was similar to last year’s and expects share buybacks of $US1 billion in the last two quarters.
- Thomas Black
- Opinion
- Chanticleer
AI is a two-speed conversation inside companies
CEOs are exploring all sorts of ways to use artificial intelligence. Their workers, however, feel unprepared for changes.
- Anthony Macdonald
Elon Musk’s X in political advertising push to offset revenue falls
Plans for new political ads team to hit $US100 million in sales ahead of US presidential election are met with industry scepticism.
- Hannah Murphy
Qube wins bitter court fight to claim $7m from Martinus Rail
The rail builder’s attempts to block the logistics group from getting access to $7 million in funds held as part of a security deposit have been dismissed.
- Jenny Wiggins
Orica prepares for end of thermal coal with $559m software firm buy
The explosives and mining services group is pivoting its business to focus on new mines needed to the transition away from fossil fuels, and on infrastructure.
- Elouise Fowler
ACCC wants switching banks to be as easy as ditching mobile providers
Gina Cass-Gottlieb’s ACCC deposit inquiry calls for Australia to introduce an account switching service like the ones that operate in Britain and the Netherlands.
- James Eyers
Sydney Airport flight slot manager has ‘conflict of interest’: ACCC
The company that chooses which aircraft take off and land at Sydney Airport is majority-owned by Qantas and Virgin.
- Jenny Wiggins
- Exclusive
- PwC tax scandal
At PwC, it’s the revenge of the auditors
Long the humbler, more straight-forward and less risky arm of the firm, audit is now expected to be the growth engine and the governance model for the future.
- Edmund Tadros
Billionaire taps into couples workforce with iron ore ‘love shacks’
Minerals Resources boss Chris Ellison says the company’s on-site accommodation for couples is as good as anything at a beachside resort in Broome.
- Brad Thompson
Incitec Pivot warns it could ‘walk away’ from $1.5b fertiliser deal
The company has been negotiating with Indonesia’s Pupuk Kaltim over the division, but told shareholders there were “complications” in the discussions.
- Simon Evans
How we overcooked the vegan business boom
Consumer tastes are changing – back to a weekly steak as more vegans understand the importance of protein – but have we really lost our appetite for fake meat?
- Eleanor Steafel
KMD dives to lowest since 2020 after sales drop 12.5pc
The owner of Rip Curl and Kathmandu says orders from its wholesale customers have dried up, while sales of rainwear and puffer jackets were weak due to warmer weather in Australia.
- Carrie LaFrenz
Ban short-selling in the ‘national interest’, Chalice boss pleads
Hedge funds targeting pre-revenue companies holds back Australia’s objectives in critical minerals, according to aspirant Chalice.
- Updated
- Peter Ker
ABC cuts Q+A schedule by 40pc in 2024
After a tumultuous year involving the departure of host Stan Grant and contentious discussions about Israel and Gaza, the show has been cut to 24 episodes for next year.
- Sam Buckingham-Jones
One in two want government to cut use of big four firms: survey
Surveys in November and December show that almost one in three people have a negative view of the big four consulting firms.
- Edmund Tadros
- Sponsored
- Palo Alto Networks
SMBs at highest risk, warns top cyber sentinel
Cyber criminals view Australian small to medium businesses as easy prey, not just because local SMBs lack the resources to defend themselves, but also because they don’t expect to be attacked.
Sponsored
by Palo Alto Networks
Samuel’s big four fix: ban firms consulting to audit clients
Former competition watchdog Graeme Samuel also said ASIC should resume naming and shaming firms with poor audit quality.
- Edmund Tadros
- Sponsored
- Palo Alto Networks
SMBs at highest risk, warns top cyber sentinel
Cyber criminals view Australian small to medium businesses as easy prey, not just because local SMBs lack the resources to defend themselves, but also because they don’t expect to be attacked.
Sponsored
by Palo Alto Networks
