Business news

• Hedge fund boss Phil King to step down

  27-08-2026 08:03 via smh.com.au
  
  Regal Partners chief investment officer Phil King reflects on shorting CBA shares, artificial intellgence risks and what's wrong with our tax system.
  
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• ASX slumps on rate hike calls; Qantas lifts, Wesfarmers, Sigma slump

  27-08-2026 09:18 via smh.com.au
  
  The Australian sharemarket had its biggest drop in 12 weeks as bets firmed for another interest rate rise as early as next month.
  
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• Qantas boss says air traffic delays at Sydney Airport ‘not OK’

  27-08-2026 09:04 via smh.com.au
  
  The company said its fuel bill jumped by more than $600 million while chief Vanessa Hudson defended Jetstar’s decision to begin charging for priority access to overhead bins.
  
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• Critical Resources taps CSIRO for battery tech scale-up

  27-08-2026 08:58 via smh.com.au
  
  Critical Resources has teamed up with CSIRO to optimise its unique dry deposition battery manufacturing process, aiming to de-risk the technology for upscaling.
  
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• Barkly drills for scale at NT rare earths play

  27-08-2026 08:37 via smh.com.au
  
  Barkly Rare Earths has so far drilled 1000m across 45 holes in its NT rare earths campaign as it chases resource growth beyond its existing 40Mt base, with assays looming.
  
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• Broken Hill Gold opens door on major SA copper-gold system

  27-08-2026 08:07 via smh.com.au
  
  Broken Hill Gold has hit more wide, shallow gold-copper at Icebreaker in SA, with a standout 28m at 2.4g/t gold and 0.7 per cent copper, strengthening its major discovery.
  
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• From zero to $21 billion: Kingmaker’s exit is the end of an era for markets

  27-08-2026 07:52 via smh.com.au
  
  When Phil King founded fund management firm Regal 20 years ago he wasn’t looking to invest for others. But people soon came knocking at his door.
  
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• Forrestania inks $145m mining contract for WA gold hub

  27-08-2026 07:05 via smh.com.au
  
  Forrestania has inked a $145m mining deal as the company’s Lake Johnston processing hub continues to take shape, fast-tracking its WA gold production ambitions.
  
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• Why Kmart’s next furniture showroom won’t be in a big capital city

  27-08-2026 06:22 via smh.com.au
  
  The next K Home store will open before Christmas, revealed Wesfarmers chief Rob Scott – but the location may surprise some.
  
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• Parents worry kids will inherit climate impact of coal mine extension

  27-08-2026 06:15 via abc.net.au
  
  More than 1,500 jobs hang in the balance as the NSW Independent Planning Commission considers extending the life of a Hunter Valley coal mine by 19 years, but some say climate concerns should be the focus. 
  
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• The secret skill to getting what you actually want at work

  27-08-2026 06:06 via smh.com.au
  
  Whenever someone opens their month at work, there’s usually an unspoken negotiation taking place, and that’s easy to forget.
  
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• Raiz swings to first-ever $3.5m profit as funds top $2.3B

  27-08-2026 05:57 via smh.com.au
  
  Fintech Raiz Invest has posted a maiden $3.5m net profit for FY26, with revenue climbing 21.4% to $29.2m and funds under management surging 27.5% to $2.32B.
  
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• 'Devastating blow' as Bathla Group seeks $20m to keep building for five weeks

  27-08-2026 05:17 via abc.net.au
  
  Bathla Group's collapse leaves buyers and builders waiting for answers.
  
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• Bathla Group seeks $20m to keep building for five weeks

  27-08-2026 05:17 via abc.net.au
  
  Bathla Group's collapse leaves buyers and builders waiting for answers.
  
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• Remote truckers back on the road after safety concerns

  27-08-2026 04:41 via abc.net.au
  
  A major outback transport company sidelined over compliance and safety issues is back on the road after the peak heavy vehicle regulator said it had agreed to address its concerns.
  
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• Moonlight copper hits add muscle to QLD gold story

  27-08-2026 04:31 via smh.com.au
  
  Moonlight Resources has reawakened the historic Peak Downs copper field in Queensland with wide drill hits from surface, strengthening the case for a potential resource.
  
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• Kmart to open more K Home stores as Anko rolls out across Asia

  27-08-2026 04:04 via smh.com.au
  
  Wesfarmers chief Rob Scott said there’s more work to do before Kmart opens new furniture- and homewares-only stores.
  
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• Viking clears US hurdle for 900t Nevada tungsten sample

  27-08-2026 04:00 via smh.com.au
  
  Viking Mines has secured US approval for a 907-tonne bulk sample at its Linka tungsten project in Nevada, a key step towards offtake deals in a hot market.
  
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• ASX slips on rate hike calls; Qantas gains, Sigma slumps

  27-08-2026 03:33 via smh.com.au
  
  The Australian sharemarket extended its declines in early afternoon on yet another busy earnings day, with Qantas and Wesfarmers among those reporting their results.
  
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• ASX slips in early trade on rate hike calls; Qantas gains, Sigma slumps

  27-08-2026 03:33 via smh.com.au
  
  The Australian sharemarket dipped in early trade on yet another busy earnings season day, with Qantas and Wesfarmers among those having reporting their results.
  
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• Qantas profit tumbles as fuel costs soar; A380 to be retired

  27-08-2026 02:48 via smh.com.au
  
  The company said its fuel bill jumped by more than $600 million.
  
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• Qantas profit hit by fuel shock, ‘much-loved’ A380 to be retired

  27-08-2026 02:48 via smh.com.au
  
  The company said its fuel bill jumped by more than $600 million while chief Vanessa Hudson defended Jetstar’s decision to begin charging for priority access to overhead bins.
  
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• ASX opens lower after Wall Street drifts; Qantas profit slumps

  27-08-2026 02:13 via smh.com.au
  
  The Australian sharemarket dipped in early trade on yet another busy earnings season day, with Qantas and Wesfarmers among those having reporting their results.
  
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• Bookstores struggle to fill shelves after cyber attack on major publisher

  27-08-2026 02:10 via abc.net.au
  
  A cyber attack on one of Australia's major publishing distributors has left independent bookstores and authors struggling to meet customer demand.
  
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• Canaccord, Euroz Hartleys, Argonaut and Taylor Collison make the running

  27-08-2026 01:55 via smh.com.au
  
  Canaccord, Euroz Hartleys, Argonaut and Taylor Collison make the running as The Cap Raise Crucible tracks another busy fortnight of ASX raisings.
  
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• Qantas profit tumbles as fuel costs soar

  27-08-2026 01:02 via smh.com.au
  
  The company said its fuel bill jumped by over $600 million.
  
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• Qantas profit tumbles as fuel coasts soar

  27-08-2026 00:53 via smh.com.au
  
  The company said its fuel bill jumped by over $600 million.
  
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• Bunnings CEO to retire, Kmart sales get Anko boost

  27-08-2026 00:45 via smh.com.au
  
  Wesfarmers revealed the departure at its full-year results, as it delivered a $2.9 billion profit.
  
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• Residents furious at illegal dumping in native bushland near school

  27-08-2026 00:06 via abc.net.au
  
  Rubbish containing dangerous waste found illegally dumped in bushland upsets Albany residents, with the mayor saying it is the worst he has seen.
  
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• RBA 'quietly' reduced US dollar exposure, big banks tip rate hike — as it happened

  26-08-2026 23:29 via abc.net.au
  
  The Reserve Bank, it has been revealed, reduced its target share of US dollars in its foreign reserves portfolio by 10 percentage points in 2025.
  
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