Recent News
Big gold raise menu feeds broker picnic
The Cap Raise Crucible looks at how gold raisings kept the brokers busy and some punters celebrating. Elsewhere, strategic cheques, fat fees and options have delivered mixed fortunes.
Nine investors rail against executive pay and biscuit selection
Shareholders in the country’s largest media company have delivered a protest vote against the company’s executive pay arrangements.
‘Insult to my culture’: Italian chef sacked after refusing to put pineapple on pizza
A chef who refused to put pineapple on pizza has failed to regain his job after submitting his unfair dismissal application late.
Qantas to raise airfares, cut flights as fuel costs rise by $1 billion
The airline is hiking airfares and making deeper cuts to domestic flights early next year to tackle rising fuel prices.
Critical Resources kicks off new Canadian lithium hunt
Critical Resources has started prospecting for lithium at its Vermillion Bay project in Ontario, Canada, just 70km from its eight-million-tonne Mavis Lake resource.
Big Hits: Chalice, BPM Minerals and Australian Gold and Copper
Big Hits looks at notable drill intercepts reported to the ASX this week, led by big shallow hits from Chalice Mining in the NT, BPM Minerals in WA, and Australian Gold and Copper in NSW.
Six things to know about David Jones on the brink
Is the company dead? Will everything be on sale? And can shoppers still redeem gift cards at the department store stalwart?
‘Still no payment’: David Jones suppliers vent after collapse
Small businesses that supply the department store will take a financial hammering from the company’s dramatic collapse.
My partner’s colleagues are always off sick. Is it wrong to speak up?
It’s no secret that schools, to a great extent, run on the goodwill of staff. But this is taking it too far.
Is this even legal? Ten’s staff scratching their heads over ‘buyout’ offer
Network Ten insists its cost-cutting drive is not a redundancy round. But it sounds a lot like one.
Billionaire Paul Little pitches $8m South Yarra site near Melbourne High
Billionaire Paul Little is having another stab at selling a development site overlooking prestigious Melbourne High School’s hockey pitch.
Cutting government spending may slow prices, but it could bring on something worse
Both the Reserve Bank and government are copping blame for things out of their control. But bending to pressure might put us in a worse position.
Can’t get into Qantas’ exclusive Chairman’s Lounge? There soon may be another option
Sydney’s T2 domestic terminal will soon offer lounge access to departing passengers regardless of airline, ticket class or frequent flyer status.
Donald Trump has become a big problem for Fox News
As results began to pour in on a bruising midterm election night for the Republicans, Trump picked an unlikely scapegoat.
ASX surges in $80b midterms relief rally as oil slumps; NAB dives, NextDC soars
The Australian sharemarket soared the most since April as the Democrats’ sweeping US election victory fuelled optimism the Iran war could end soon, sending oil prices plunging.
Kuniko strikes again as NSW gold-silver system grows
Kuniko has struck gold-silver mineralisation in all 11 drill holes across two campaigns at its NSW Commonwealth-Silica Hill project ahead of a December resource update.
ClearVue wins A$700,000 US Govt grant for solar glass tech
ClearVue and US partner Silfab Solar have won a US$500,000 grant from the US Dept of Energy to develop high-efficiency solar spandrel technology for the US market.
‘Came to say goodbye’: Shelves stripped bare as luxury brands desert David Jones
David Jones’ owners have appointed administrators, which is expected to trigger an extensive restructure of the company and thousands of job losses.
The billionaire who’s a winner from David Jones’ collapse
The collapse of David Jones is expected to give its rival Myer a boost, as reflected in the surging Myer share price.
Right Resources puts 3km NSW tungsten trend in spotlight
Right Resources has uncovered multiple tungsten targets at its Moonlight prospect in NSW, with rock chips returning high grades of up to 0.61 per cent tungsten trioxide and anomalous gold.
Aftermarket raid: Embattled data centre company NextDC’s shares soar
Major delays to NextDC’s flagship Melbourne facility left it vulnerable to an “opportunistic” raid by two rivals seeking to buy up to 10 per cent of the company.
This unspoken tradition is stalling our economy. But is it really so bad?
This months-long pause isn’t carved into any legislation, but is an unofficial countrywide practice.
Aureka lands production licence for historic Vic gold mine
Aureka Ltd has landed a production licence for its Comstock gold project in Victoria, paving the way for a mining restart and a second ore source for its Wedderburn mill.
Down $60b, and counting: The midterms’ biggest loser isn’t Trump. It’s Elon Musk
The world’s richest man invested heavily to back Republican candidates, much of it in Texas. He wasted his money and now faces obstacles to his artificial intelligence ambitions.
NAB profit falls to $6.1 billion as recession risk rises; shares slump
The country’s biggest business lender said household savings buffers remained strong, but arrears have deteriorated and economic growth is expected to slow.
Scorched earth: Iran’s revenge against Trump will be devastating
Iran will bring the Gulf to its knees if Donald Trump unleashes a second round of Operation Fury.
‘Cool marble, wooden escalators, pure magic’: Remembering the glory days of DJs
A shopping trip to David Jones was once a rite of passage for Sydneysiders of a certain age and background. Now the landmark department store is facing the financial axe.
Unaffordability of Sydney homes is a real-time future crisis
House prices not only determine where people live but the number of children in a family.
ASX slides as Democrats’ success flusters Wall Street; oil stocks gain
The Australian sharemarket extended its losses on Wednesday afternoon as US futures fell in response to the Democratic landslide in the US midterm elections.
On knife’s edge: David Jones could appoint administrators by Thursday
The 188-year-old retailer is facing imminent collapse after crucial negotiations with its landlords failed.
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