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    The closing ceremony of the Paris Olympics 2024.

    Like a French film, it was genius and difficult, but a fitting end

    The closing ceremony was slow, and some people walked out, but the fans stayed until the end and only the Hollywood part was a bit off.

    • 8 mins ago
    • Matthew Drummond
    Powdered lithium: Australia is losing out to other green metal exporters.

    We need overriding public interest test to break approval logjam

    Australia has to look at the global impacts of green projects, not just local ones. The alternative might be stagnation, or worse.

    • 13 mins ago
    • Alan Finkel
    The funk in China’s steel market has global implications as iron ore prices languish.

    ‘Carnage’ in steel markets to sink iron ore below $US90

    Analysts can’t understand what is holding up the price of Australia’s key export and Westpac says the market is ignoring key fundamentals.

    • 13 mins ago
    • Alex Gluyas
    Viburnum Funds managing partner Craig Coleman.

    Viburnum Funds sets sights on Coventry Group breakup

    Fluids spoke for about 43 per cent of the group’s total $371.3 million revenue in the 2024 financial year.

    • 32 mins ago
    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Guzman y Gomez successfully floated on the ASX in June. Now, is heading toward the ASX200.

    Guzman y Gomez in ‘striking distance’ of joining ASX 200

    The Mexican fast-food chain has a good shot at joining the major benchmark next month, potentially attracting millions of dollars of new investment.

    • 33 mins ago
    • Sarah Jones
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    The pilot of a helicopter that crashed into a waterfront hotel in Cairns was killed and two people were injured in the crash, Nine News has reported. Users on social media posted videos of a fire on the hotel’s roof.

    Pilot dead after ‘unauthorised’ helicopter crashes into hotel’s roof

    A pilot has died in a fiery helicopter crash on the roof of a hotel in far north Queensland; Vincent Tarzia is the new Liberal leader in South Australia. Follow updates live.

    • 34 mins ago
    • Gus McCubbing
    CAR Group boss Cameron McIntyre (right), with David McMinn who runs US-based Trader Interactive.

    EVs sales splutter, but not this group’s offshore expansion strategy

    CAR Group’s big move in the US came at a time of rising rates and softening consumer demand. It still worked.

    • 54 mins ago
    • Anthony Macdonald
    Beach Energy CEO Brett Woods has had to break bad news to investors in his first full-year earnings call.

    Beach shares plummet as new gas field reserves slashed

    The downgrade of the size of the Enterprise gas field in Victoria has shaken the market, with analysts worried about other new projects.

    • 54 mins ago
    • Angela Macdonald-Smith

    Apple Vision Pro means the future of work is upon us

    The headset lets you do your work in virtual reality. It works surprisingly well, but ideally, you will have the neck strength of a rugby forward.

    • 59 mins ago
    • John Davidson
    Former NSW treasurer Matt Kean.

    Conflict concerns at Kean advising government and rich investors

    Former NSW treasurer Matt Kean has defended taking dual roles as a federal government climate change adviser and at a private green investment fund led by a former Macquarie banker.

    • 1 hr ago
    • John Kehoe
    Nature’s Care headquarters in Belrose, Sydney.

    Nature’s Care sale docs in front of potential buyers; NBIOs due Sept 6

    Although the company returned a $23.7 million operating profit in 2023, it has struggled under a heavy debt load and missed a $148 million debt payment last month.

    • 1 hr ago
    • Sarah Thompson, Kanika Sood and Emma Rapaport
    Commentators telling the RBA to cut or raise rates are ‘false prophets’ who could cause damage with their poor predictions, deputy governor Andrew Hauser warns.

    Stop telling us what to do with interest rates: RBA deputy

    Commentators telling the RBA to cut or raise rates are “false prophets” who could cause damage with their poor predictions, deputy governor Andrew Hauser warns.

    • 1 hr ago
    • Michael Read
    Australia can start marketing wine in China again after tariffs were removed this year.

    High-level dialogue shows China chill is ending

    The resumed annual face-to-face meeting of government and industry has been crucial to stabilising the relationship.

    • 1 hr ago
    • Craig Emerson
    Chemist Warehouse is expected to sell off part of its store network to convince the ACCC that the merger will not lead to higher prices for consumers.

    Competition regulator delays $8.8b Chemist Warehouse deal approval

    The ACCC is undertaking more analysis of the transaction, which would merge the pharmacy giant into Sigma Healthcare. A decision won’t be made until October.

    • 1 hr ago
    • Michael Smith
    Loam Bio board members Tegan Nock and Guy Hudson.

    Cannon-Brookes, Benioff-backed start-up lays off staff in US pullback

    Loam Bio, a start-up that has raised more than $150 million from high-profile investors, has laid off the majority of its staff in the US.

    • 1 hr ago
    • Tess Bennett
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    JB Hi-Fi rallies; CFMEU jail warning; A luxury home agent speaks

    Read everything that’s happened in the news so far today.

    The Bank of England announces its voting splits on the day of the decision.

    Central banks need true transparency not fake consensus

    The Bank of England isn’t afraid to advertise its differences. That is better for creating trust than the obsession with a united front at the US Fed.

    • Mohamed El-Erian
    The guided-missile submarine USS Georgia.

    US orders armed submarine to Middle East as tensions mount

    US Secretary of Defence Lloyd Austin also ordered the Abraham Lincoln strike group to hasten its deployment to the region, as Israel prepares for Iran’s attack.

    • Idrees Ali and Phil Stewart
    Terry Smart is one of Australia’s best retailers, but the economy is not running in his favour.

    JB Hi-Fi’s results weren’t great. Here’s why its stock still soared

    The retailer’s stunning share price surge shouldn’t distract investors from the pressure we’re seeing on profit margins as the economy slows.

    • James Thomson
    Aurizon CEO Andrew Harding

    Aurizon investors get $150m buyback after profit bump

    Income from coal haulage helped lift annual profit by 25 per cent, but losses from moving consumer goods dragged down the full-year result.

    • Jenny Wiggins