Yesterday
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
This Month
Sacked Macquarie staffer alleges colleague touched her inappropriately
A former associate has alleged her colleague “clapped” her bottom at an event held at The Establishment in Sydney, leaving her “uncomfortable and embarrassed”.
- Lucas Baird
- Updated
- Critical minerals
Sacked CEO sues SolGold after boardroom stoush
BHP and Newmont’s struggling Ecuadorian copper play has hit more trouble, with former CEO Darryl Cuzzubbo filing a multimillion-dollar breach of contract claim.
- Updated
- Peter Ker
Dubai’s mysterious tower powers a city. The idea is coming to Australia
In the desert outside Dubai, there’s a solution to solar’s intermittency. And it’s headed Down Under.
- Hans van Leeuwen
‘Running start’: Rich world stumps up $680m for climate fund
The usually fractious climate summit scored an early success, and put an onus on the absent Albanese government to come up with a contribution.
- Hans van Leeuwen
November
Oil boss lashes reports of side deals at COP28
Sultan al-Jaber angrily denies using diplomatic meetings to push business interests, as no-shows from top world leaders put the climate summit under pressure.
- Hans van Leeuwen
Brett Blundy defends CEO’s $30m pay as Lovisa gets third strike
The jeweller’s billionaire chairman vowed not to cut the chief executive’s pay. It reported a 6.2 per cent drop in sales in the first 20 weeks of the year.
- Carrie LaFrenz and Ayesha de Kretser
Disappointing Nuix kept quiet after $1.8b float
Nuix has been accused of misleading the market by not divulging a failure to meet financial targets presented during its $1.8 billion IPO.
- Jessica Sier
- Exclusive
- Investment banking
The analysts and sales desks investors love – and those they don’t
Some of the biggest Wall Street names slid down the rankings of a widely followed survey of institutional investors conducted by Peter Lee Associates.
- Updated
- Aaron Weinman
- Updated
- Earnings season
‘I don’t see pressure coming off’: NAB says mortgage war will continue
The bank lifted its cash profit by 8.8 per cent for the 2023 financial year but CEO Ross McEwan pointed to a “more challenging environment” in the second half.
- Updated
- Lucas Baird and James Eyers
Young developer to bring famed chef to Melbourne designer hotel
Calvin Huang is adding high-profile local and global brands to his Melbourne projects, including a new venue by Flower Drum founder Gilbert Lau and New York’s Eataly.
- Larry Schlesinger
John Kahlbetzer, from oil rigs to the Rich List, dies
German-born Kahlbetzer worked in the fossil fuel industry after arriving in Australia in his early 20s before his entrepreneurial flair built a vast fortune.
- Updated
- Brad Thompson
What HotCopper’s ousted love birds did next
The duo behind The Market Herald and HotCopper have launched a media business in London, as Jag Sanger fights a court battle with his former employer.
- Tom Richardson
October
Australia is Uber’s crown jewel after ‘collections’ surge to $9.2b
But new labour laws are likely to mean the company’s customers face higher prices as wages go up. The TWU says the jump in sales supports the need for change.
- Updated
- Nick Bonyhady
Fidelity left holding the soiled bag
Rhythm Biosciences executive chairman Otto Buttula sold $6.5 million worth of shares last year. Since then, the stock has cratered.
- Updated
- Mark Di Stefano
Australia slaps Elon Musk’s X with a $600,000 fine
The eSafety Commissioner has issued Google an official warning and fined Elon Musk’s X $610,500.
- Tess Bennett
Indigenous booths voted Yes, their electorates said No
Booth level data showed 22 remote mobile teams deployed across the NT recorded overwhelming support for the Voice, despite their electorate’s resounding No vote.
- Ronald Mizen
Western Sydney ‘not the centre of the universe’, says Avalon Airport
The airport wants a small investment in a rail fix, and the same guarantees around air traffic control and other services the government is offering the Aerotropolis.
- Updated
- Ayesha de Kretser
- Analysis
- Mergers & acquisitions
This Octopus is making Origin Energy harder to swallow
If the UK energy conglomerate’s growth prospects are as good as it claims, then the Australian company’s 20 per cent stake could be a poison pill for takeover suitors.
- Hans van Leeuwen
September
- Exclusive
- Healthcare
GenesisCare business comes back to life, won’t offset payments bungle
The collapsed cancer services group will likely split its US assets ahead of a sale.
- Updated
- Carrie LaFrenz and Jemima Whyte
