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Qantas shares drop after former CEO Alan Joyce's pay docked $9.2m — as it happened
via abc.net.au
Qantas shares drop after former chief executive Alan Joyce's multi-million-dollar payout was cut by almost $10 million following a governance review. Catch up on the day's events as they unfolded on our markets blog.
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Women 'bombarded' with menopause product ads in 'marketing war zone' on social media, inquiry hears
via abc.net.au
Ads for products purporting to address the symptoms of menopause and perimenopause are flooding social media — but many of the claims "are not substantiated", a Senate inquiry is told.
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Social media flooded by 'shameful' menopause product ads targeting women, inquiry hears
via abc.net.au
Ads for products purporting to address the symptoms of menopause and perimenopause are flooding social media — but many of the claims "are not substantiated", a Senate inquiry is told.
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Australian science magazine publishes AI-generated articles after laying off half its staff
via abc.net.au
Cosmos Magazine's use of a Walkley Foundation grant to publish AI-created content has drawn the ire of contributors and former editors, including its co-founders.
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Tasmania is a state reliant on shipping, but outdated wharf infrastructure is causing challenges
via abc.net.au
Tasmania's port operator is facing problems at both ends of the state with ageing infrastructure, including some over 100 years old, leading to safety concerns and costly upgrades.
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Critical Tasmanian wharf 'does not meet current standards', TasPorts confirms
via abc.net.au
Tasmania's port operator is facing problems at both ends of the state with ageing infrastructure, including some over 100 years old, leading to safety concerns and costly upgrades.
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'Greenwashing on steroids': Logging bosses team up to form new 'healthy forests' group
via abc.net.au
Though logging in Victoria has officially ended, the powerful interests behind it have set up a new organisation to continue the industry, which experts say amounts to greenwashing.
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As one of Australia's biggest logging companies was shutting down, its CEO was setting up a controversial new venture
via abc.net.au
Though logging in Victoria has officially ended, the powerful interests behind it have set up a new organisation to continue the industry, which experts say amounts to greenwashing.
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The period of 'abnormally high' profits is over for Australia's largest companies, according to market analysts
via abc.net.au
Profits of Australia's top 200 listed companies are expected to shrink for the 2024 financial year, heading for their second consecutive year of earnings contraction.
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Corporate reporting season is set to be a 'negative story for earnings growth'
via abc.net.au
Profits of Australia's top 200 listed companies are expected to shrink for the 2024 financial year, heading for their second consecutive year of earnings contraction.
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Emerald, Azure bestowed best digger and dealer
Azure Minerals has taken home the title of dealer of the year for its $1.7 billion takeover offer, while Emerald Resources notched the digger award.
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Pay rise will help address staffing crisis in early childhood sector, providers say
via abc.net.au
The federal government has announced it will fund a 15 per cent wage increase for early childhood education workers, tied to a commitment from childcare centres to limit fee increases.
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'Neglected' early childhood educators set to receive 15 per cent payrise
via abc.net.au
The federal government has announced it will fund a 15 per cent wage increase for early childhood education workers, tied to a commitment from childcare centres to limit fee increases.
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'It's not babysitting': Early childhood educators set for massive bumper wage increase
via abc.net.au
The federal government has announced it will fund a 15 per cent wage increase for early childhood education workers, tied to a commitment from childcare centres to limit fee increases.
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'It's not babysitting': Early childhood educators set for bumper wage increase
via abc.net.au
The federal government has announced it will fund a 15 per cent wage increase for early childhood education workers, tied to a commitment from childcare centres to limit fee increases.
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Early childhood staff set for bumper pay rise but centres have to limit fee increases
via abc.net.au
The federal government has announced it will fund a 15 per cent wage increase for early childhood education workers, tied to a commitment from childcare centres to limit fee increases.
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Niobium chatter at Diggers and Dealers
Perth-based explorer St George Mining has pivoted its focus from nickel and lithium exploration in WA to targeting niobium in Brazil in response to market conditions.
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Planning changes to 'cut red tape'
Industry has welcomed the state government’s changes to the metropolitan region scheme, which aim to lessen the approvals burden on projects.
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At Close of Business podcast August 7 2024
Sam Jones and Jack McGinn discuss the battle for ounces among mid-tier gold producers.
Plus all the latest on a new Pilbara export record; no relief for lithium producers; and a challenge to the uranium ban.
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The new Spirit of Tasmania ferries unable to run at full capacity for years due to port upgrade delay
via abc.net.au
The ongoing saga of Tasmania's new ferries has charted yet another course, with it being revealed the bigger ships won't be able to operate at full capacity because the ships will sit too low at their temporary berth.
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Smart earbud firm in administration
A Perth hearing tech company once touted by Time Magazine has fallen into administration after failing to nail down a deal with a major foreign semiconductor company.
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Aussie shares finish higher again as dip-buyers step in
The ASX200 has finished 0.25 per cent higher, its second day of modest gains after a 3.7 per cent plunge on Monday.
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Money launderers jailed after police seize bags of cash, a Porsche and portraits of Mike Tyson
via abc.net.au
Two men laundered more than $60 million using a scheme involving huge wads of cash, bank accounts and cryptocurrency, a Victorian court is told.
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Men face deportation after being jailed over 'eye-watering' money laundering scam
via abc.net.au
Two men laundered more than $60 million using a scheme involving huge wads of cash, bank accounts and cryptocurrency, a Victorian court is told.
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Greatland listing hinges on Havieron
Greatland Gold remains keen on the ASX listing it postponed last year, pending progress on the potential buyback a majority stake in the Havieron gold project from JV partner Newmont.
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Land prices hit 17-year high
The price of a new block of land in Perth has hit $305,177, as a lack of supply continues to impact the market.
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Lithium royalty relief no silver bullet: minister
WA Mines Minister David Michael has ruled out royalty relief for lithium producers in the immediate term, but insists he is listening to the concerns and needs of industry.
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Lithium royalty relief no silver bullet
WA Mines Minister David Michael has ruled out royalty relief for lithium producers in the immediate term, but insists he is listening to the concerns and needs of industry.
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Brinsden’s left-field idea for critical minerals
Lithium linchpin Ken Brinsden says he would introduce the equivalent of the wheat desk for critical minerals to aid the flailing industry.
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CrowdStrike reveals root cause of global outage, and it's a mistake first-year programming students learn about
via abc.net.au
CrowdStrike releases its analysis of last month's global IT outage, revealing an "embarrassing" mistake experts say first-year programming students are taught how to avoid.
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CrowdStrike releases 'embarrassing' root cause analysis into global IT outage
via abc.net.au
CrowdStrike releases its analysis of last month's global IT outage, revealing an "embarrassing" mistake experts say first-year programming students are taught how to avoid.
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Fair Work says CFMEU broke the law thousands of times, costing members millions
via abc.net.au
Court documents reveal the Fair Work Commission has fined the CFMEU and its members more than 2,600 times in 21 years.
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Two Victorian Building Authority workers charged by corruption watchdog
via abc.net.au
The Independent Broad-based Anti-corruption Commission has charged two Victorian Building Authority employees with criminal offences, over the alleged assessment of builder registrations in exchange for a financial benefit.
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Heritage pub refurb nears completion
The historic Exchange Hotel in Pinjarra will reopen its doors in Spring following a $10 million redevelopment involving two prominent Perth publicans.
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CSR seeks approval for masterplan
Building products company CSR is seeking approvals that would allow it to expand its longstanding Gyprock and Bradford facilities in Welshpool.
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CSR seeks approval for master plan
Building products company CSR is seeking approvals to expand its longstanding Gyprock and Bradford facilities in Welshpool.
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Legacies defined in golden games
Remarks by Wayne Bramwell to Business News this time last year have proved somewhat prophetic, considering recent events in the Western Australian gold sector.
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'Garbage' safety culture at Boeing to blame for cabin door blowout mid-flight, watchdog hears
via abc.net.au
Workers from the embattled airplane company told the US transport safety authority a lack of accountability led to safety issues such as those on the Alaska Airlines plane where a cabin door was missing four bolts and blew out mid-flight.
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Concerns grow that Worsley Alumina's 'mining footprint has spread out like a virus'
via abc.net.au
More than 130 appeals, on both sides, were lodged against last month's approval of the expansion of the bauxite strip mine at Worsley, with water and environmental impacts high on the agenda of many.
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Concerns grow that South32's Worsley Alumina's 'mining footprint has spread out like a virus'
via abc.net.au
More than 130 appeals, on both sides, were lodged against last month's approval of the expansion of the bauxite strip mine at Worsley, with water and environmental impacts high on the agenda of many.
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DUG inks global cooling deal
WA-founded DUG Technologies has signed a landmark deal to license its innovative high powered computer immersive cooling systems to Baltimore Aircoil Company.
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ERA seeks to overturn uranium ban
Energy Resources of Australia has begun proceedings in the Federal Court against in relation to the Northern Territory government’s decision not to renew the Jabiluka mineral lease.
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Why it's easier for Queensland copper thieves to get away with it
via abc.net.au
Moreton Bay City Council's mayor says the state government is allowing a black market trade to go unchecked, and it's hurting everyone from energy providers to local football clubs.
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Vale Gene Tilbrook
Former Wesfarmers executive and prominent company director Gene Tilbrook has passed away at the age of 73 after battling serious illness in recent years.
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Pineapple is an iconic Australian fruit but its undersupplied market may be ripe for imports
via abc.net.au
The federal government is undertaking a biosecurity risk assessment after India and Indonesia applied to export pineapples to Australia under their free trade deals.
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Strike slips on JV’s gas duster
Strike Energy shares slipped to their lowest point since 2021 this morning, after its L7 joint venture partners revealed they would abandon a Perth Basin exploration well.
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New centre to combat superbugs
WA is home to a new medical manufacturing facility to combat antibiotic-resistant superbugs.
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Port demand grows as Pilbara hits ore record
A record 758 million tonnes of iron ore was exported from the Pilbara last financial year as pressure mounts to build more bulk handling facilities.
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De Grey mum on M&A
Pilbara gold developer De Grey has refused to comment around speculation that it could be the target of rival interest, saying it is focused on developing its Hemi project.
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Alder moves on lead-free taps
Osborne Park manufacturer Alder Tapware is no stranger to the early adopter tag.
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