Qantas chairman John Mullen has issued a stark warning that our way of life could simply “stop” in a serious international emergency.
Duncan Evans
Australia’s sharemarket snapped a three-day losing streak on the back of the major miners, as the price of gold and iron ore climbed throughout the trading day.
Cameron Micallef
The mining body and backer of a nascent green steel industry has lauded the Federal Government’s call to earmark $750 million for lower-emissions projects, and says iron ore miners should be first in line.
Simone Grogan
A former top Canberra boffin has blasted a call from senator Jacqui Lambie to use Australia’s Pine Gap intelligence asset to hit back at Donald Trump.
The stock opened near its $3.80 issue price but was hammered to a close of $3.51, down 22 per cent, as the broader market was savaged for a second consecutive day.
Sean Smith
The shipbuilder is taking advantage of a record share price to raise $220 million in new equity at $3.80 a share to fund expansion of its Mobile, Alabama shipyard to meet billions of dollars in new contracts.
Simone Grogan and Sean Smith
Fortescue has docked what it brands a world-first ammonia powered ship in London as part of the Andrew Forrest-led company’s global roadshow to stir up support for stricter maritime carbon rules.
The WA business world’s praise for Premier Roger Cook’s resounding election victory comes with calls for him to back the mining industry in Canberra and push back on “productivity-killing” bureaucracy.
Tesla sales in Australia have fallen off a cliff since 2024 in tandem with a broader automotive industry slump, more cash-conscious consumers and CEO Elon Musk’s growing involvement in US politics.
Andrew Forrest’s Fortescue has reportedly axed a deal with US hydrogen business Plug Power in another blow for grand ambitions to develop the new green energy source.
The West Australian
Sanjeev Gupta’s collapsed steelworks at Whyalla lost $319 million in the seven months before the South Australian government sent it into administration last week.
Hyundai have recalled about 9000 vehicles after authorities found a manufacturing defect in one of the car’s systems could cause a fire.
Emma Kirk
OneSteel Manufacturing creditor NRW was demanding weekly repayments back in December to keep providing mining services after the now-collapsed South Australian steelworks fell behind on its dues.
Sanjeev Gupta says his GFG Alliance is owed $500m from the collapsed Whyalla steelworks, while more than 200 creditors are set to to claim cash.
Matt Mckenzie
Oceania Glass was put into the hands of insolvency experts from Grant Thornton three weeks ago after private equity Crescent Capital gave up on trying to turn around the Melbourne-based business.
Tae Helton, a car aficionado who lives minutes from Tesla Inc.’s flagship California factory, bought one Tesla for the family fleet and nearly purchased a second one last year.
Kara Carlson
A final nail has been driven into an Australian retail giant’s coffin, as those tasked with combing through the books tally a staggering amount of debt.
Blair Jackson
NRW has been left short $113 million for work completed at the now-collapsed Whyalla Steelworks operations, with no firm guarantee as to how much cash it can claw back from the wreckage.
Donald Trump has vowed to go ahead with imposing tariffs on close neighbours Canada and Mexico, reiterating his complaint that the US had been ‘taken advantage of’ by foreign nations.
Peta Rasdien
US-focused naval shipbuilder Austal is not seeing any pushback from Donald Trump’s new administration but has called out a potential hit from his aluminium tariffs.
A local resources lobby group reckons the Federal Government’s multi-billion-dollar cash splash for South Australia’s imploding steel industry should be funnelled towards WA instead.
Adrian Rauso
The federal and South Australian governments have come to the rescue of the embattled Whyalla Steelworks.
Joseph Olbrycht-Palmer and Duncan Murray
The Albanese Government has laid out a $2.4 billion lifeline to keep the Whyalla steelworks afloat, following the South Australian Government calling in creditors on billionaire Sanjeev Gupta’s GFG group.
Jackson Hewett
Having put its shares into a trading halt on news the steelworks had gone into administration, the group late on Wednesday said it had postponed the release of its results due on Thursday.
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