Business
Market movers
Updated
Billionaires
Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake
The mammoth bet deepens Rinehart’s ties to Musk - the world’s first trillionaire - and US President Donald Trump.
- by David Swan
Updated
World markets
ASX jumps on peace deal; Gold miners and travel stocks rally, oil stocks fall
- by Staff writers
Opinion
Property prices
Two big banks have slashed their house price forecasts. The numbers are hair-raising
- by Elizabeth Knight
Currency
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Companies
Lachlan Murdoch’s Fox Corp to buy streaming platform in $31 billion deal
Fox Corp CEO Lachlan Murdoch said the deal will bring together Fox’s live news and sports content with a streaming platform that has a large viewership.
- by Michelle Chapman
Guardian Australia appoints new editor, flown in from the UK
The Guardian Australia has appointed David Munk, a British journalist who had been a deputy chief here before going on to be managing editor in the UK, as its new boss.
- by Kishor Napier-Raman
AI executive fined $3000 for breaking musician’s nose, punching another
- by Kishor Napier-Raman
Markets
Updated
World markets
ASX jumps on peace deal; Gold miners and travel stocks rally, oil stocks fall
- by Staff writers
Musk’s net worth is now 5 million times that of an average family
- by Ryan Mac and Ben Casselman
The economy
Exclusive
Energy
Labor sends emergency delegation to defuse Asian gas alarm
- by Nick Toscano and Mike Foley
Data centres vow to fund Australia’s renewables shift, not derail it
- by Nick Toscano and David Swan
Opinion & Perspectives
Two big banks have slashed their house price forecasts. The numbers are hair-raising
The signs are difficult to ignore: an avalanche of sellers, increasing levels of stale stock sitting on property portal shelves, and auction clearance rates wallowing around 50 per cent.
Elizabeth Knight
Business columnist
Trump’s deal will show how pointless his war was
Oil might soon flow through the Strait of Hormuz, but the damage done by the US president’s war will linger for a very long time.
Stephen Bartholomeusz
Senior business columnist
We’re spending bucket loads on the thing that could kill us. Here’s why
Business investment is finally driving our economy forward. But what we’re investing in could end humanity as we know it.
Millie Muroi
Economics Writer
Banking & finance
American Express ordered to fix security gaps after customer was spied on
- by Harriet Alexander and Julie Lewis
Opinion
Property prices
Two big banks have slashed their house price forecasts. The numbers are hair-raising
- by Elizabeth Knight
Far-reaching gag order means we will never know how bad security is at AMEX
- by Harriet Alexander and Julie Lewis
NSW and Victorian governments put embattled firm KPMG on notice
- by Millie Muroi, Colin Kruger, Nigel Gladstone and Kieran Rooney
Small business
Sponsored
PayPal
How online shopping journeys are changing
Behind every abandoned virtual shopping cart is a customer who almost completed a purchase.
The accidental barista who sparked Brisbane’s strawberry matcha craze
Marie David jumped into Brisbane’s cafe scene with zero experience. Four years later, her TikTok-famous drinks have competitors coming in to watch.
- by Neesha Sinnya
Media
Workplace
Opinion
Work therapy
I just got my dream job. Should I worry about this one unusual thing?
- by Jonathan Rivett
Australia’s first music school empire collapses, owing $1.8 million
- by Eryk Bagshaw and Lia Timson
Commercial real estate
Mining
Opinion
Climate crisis
Capitalism trumps climate: Why BHP’s green ambitions turned to empty promises
- by Elizabeth Knight