Latest
James Hardie battles weak demand in Australian reno market
Renovators are holding off on big projects because of high building costs and economic uncertainty, but the building products maker expects an improvement in 2025.
- 27 mins ago
- Simon Evans
Temple & Webster bucks retail slump, shares soar
The online furniture retailer’s shares jumped 26 per cent after it achieved almost $500 million in sales in a soft market by winning market share.
- 47 mins ago
- Carrie LaFrenz
Rich Listers seek backers for ‘Victoria’s Disneyland’ Gumbuya World
Gumbuya Group’s shareholders have mandated boutique corporate adviser Edison Partners to parade the business to potential equity investors.
- Sarah Thompson, Kanika Sood and Emma Rapaport
CSL posts bumper profit but top-line growth to slow
The biotech giant says margin recovery at its core blood products business will enable it to produce double-digit earnings growth for the next half a decade.
- Michael Smith
Lone Star makes its presence known to target Orora
Orora has dusted nearly $400 million from its valuation since splashing out $2.2 billion to buy France’s Saverglass last September.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
AirTrunk’s $20b auction the first big test of tax changes
The heat around the Macquarie-backed data centre group has so far papered over the questions raised by two tax changes – one legislated, one prospective.
- Anthony Macdonald
Opinion & Analysis
‘I want to win every time’: The Olympic-style goal driving CSL’s boss
The company’s growth forecasts for next year are a touch weaker than the market expected. But inspired by the Games, Paul McKenzie is focused on another goal.
Columnist
Kick the gambling ad habit that’s doing damage
If the point is to crack down on gambling ads that cause harm, the old anti-smoking campaign tagline about “every cigarette is doing you damage” ought to apply to making all addicts kick the habit.
Editorial
Unions have been handed the keys to the Pilbara
Unions will seek pay without productivity as the Albanese government hands over control of Australia’s resources powerhouse.
Minerals Council CEO
Chanticleer’s hits and misses from day one of earnings season
Retailer JB Hi-Fi was the standout result on day one of earnings season. Here are the key things our Chanticleer columnists noticed today.
Contributor
Companies in the News
Macquarie Group
Fortescue Metals Group
Westpac Banking Corporation
Updated: Aug 13, 2024 – 12.04pm. Data is 20 mins delayed.
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Featured
Inghams director warns: Guzman y Gomez store will attract ‘riff-raff’
Behind the minor fracas is a bigger question about whether the country’s biggest poultry producer can continue to squeeze big profits from fast food chains.
- Jemima Whyte
The PwC players, the blowback and why it could all happen again
Many current and former PwC partners still don’t believe the tax leaks scandals involved any serious wrongdoing, and regulators can’t be sure there will not be a repeat.
- Edmund Tadros
- Perspective
- Rugby Championship
Why the stars are finally aligning for the Wallabies
Australia’s challenge against South Africa on Saturday is huge, but coaching changes and new rules designed to speed up the game bode well for the Wallabies.
- Simon Poidevin
More From Today
- Opinion
- Chanticleer
‘I want to win every time’: The Olympic-style goal driving CSL’s boss
The company’s growth forecasts for next year are a touch weaker than the market expected. But inspired by the Games, Paul McKenzie is focused on another goal.
- 27 mins ago
- James Thomson
Rich Lister-backed Vinyl Group buys firm after HR complaints
One of Australia’s biggest media industry news websites, Mediaweek, has sold for $1 million to the ASX-listed music company backed by Richard White.
- Sam Buckingham-Jones
Super funds look to take advantage of energy transition
The biggest question for the $3.9 trillion super sector is not whether to invest in the energy transition’s unlisted asset boom, but rather which opportunities are best.
- Hannah Wootton
The country’s biggest garbo goes hunting for big ticket M&A in energy
Sources said Veolia has been on the prowl for M&A opportunities within the energy sector.
- Sarah Thompson, Kanika Sood and Emma Rapaport
CEFC spend to rise to jump-start grid build-out
Funding for big-ticket transmission projects is set to swell spending by Australia’s green bank this year beyond the $1.8 billion invested in 2023-24.
- Angela Macdonald-Smith
Gas traders rush for cover as Ukraine attack sparks supply fears
Traders are closely watching Ukraine’s incursion into Russia’s Kursk region because it is near a key gas-transit point.
- Priscila Azevedo Rocha
Slow approvals are risking the next mining boom: report
State and federal environmental approval processes are jeopardising tens of billions of dollars of investment in green steel and renewable energy infrastructure, experts warn.
- Tom Rabe
Yesterday
Struggling Sims liquidates $435m in assets in strategic reset
Metal recycler Sims has sold two assets as it tries to survive the toughest recycling market in a decade.
- Peter Ker
How the French really feel about the Paris Olympics
The Games’ problems – food, air-con, ticket prices – seem prosaic, whereas memories are written in poetry.
- Matthew Drummond
WA premier backs unions over iron ore miners
Unions have forced BHP to the negotiating table, a big breakthrough in their attempts to re-unionise the country’s biggest export industry.
- Brad Thompson and Elouise Fowler
Star’s Steve McCann and the Malay tycoon
Sources say McCann has been doing a range of work for the low-profile Malaysian businessman since leaving Crown Resorts.
- Myriam Robin
Mass exodus at Corrs after historic CEO pay package
The country’s most talked about law firm faces mass partner flight – the largest batch in the legal sector for years.
- Mark Di Stefano
- Updated
- Earnings season
Jump in JB Hi-Fi sales fuels retail earnings optimism
Investors predict better-than-expected earnings for retailers after months of soft trading.
- Carrie LaFrenz
- Exclusive
- Health insurance
Pressure for health premium overhaul in election headache for Albanese
The influential medical lobby is demanding an independent umpire to determine how high insurance premiums can rise as negotiations over the next increase begin.
- Michael Smith
Billionaire Salesforce boss tips into Sydney biotech incubator
Along with Marc Benioff, World Bank president Ajay Banga and Melbourne’s Churchill Asset Management all put in for a round that values the firm at $90 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
RBC nabs Citi’s head of electronic trading
Citi’s electronic trading specialist Johnny Lau is set to join RBC in November, reporting to head of equities Karen Jorritsma.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- The AFR View
Kick the gambling ad habit that’s doing damage
If the point is to crack down on gambling ads that cause harm, the old anti-smoking campaign tagline about “every cigarette is doing you damage” ought to apply to making all addicts kick the habit.
- The AFR View
- Opinion
- The Pilbara
Unions have been handed the keys to the Pilbara
Unions will seek pay without productivity as the Albanese government hands over control of Australia’s resources powerhouse.
- Tania Constable
- Results Wrap
- Chanticleer
Chanticleer’s hits and misses from day one of earnings season
Retailer JB Hi-Fi was the standout result on day one of earnings season. Here are the key things our Chanticleer columnists noticed today.
- James Thomson and Anthony Macdonald
Cosima Marriner appointed editor of the Financial Review
Her appointment comes after former Nine publishing executive James Chessell became the publication’s editor-in-chief.
- Sam Buckingham-Jones