Business

MarketsGlobals stock slide on inflation fears

MSCI's benchmark for global equity markets slid 1.61 per cent to 656.29 despite its large weighting to the US tech heavyweights.

Herbert Lash

MediaUK seeks G7 consensus on digital rules

UK digital minister Oliver Dowden wants the G7 countries to hold social media platforms to account.

William James

‘cost burden’CCIWA shows faith in Premier over payroll tax issue

The State’s peak body for business has “faith” it can convince popular Premier Mark McGowan of the need to introduce meaningful tax reform, despite his refusal to budge on the issue.

Danielle Le Messurier & Kate Purnell

Prime real estateInterstate buyers snap up rare Cullen Bay waterfront block for close to $1.5m

A WATERFRONT block in one of Darwin’s most desirable suburbs has sold to interstate buyers for almost $1.5m, in the latest sign of growing interstate confidence in the Darwin real estate market.

ALICIA PERERA

ECONOMYNT set for ‘steady’ recovery but budget repair unlikely: Moody’s

The NT is poised for “steady economic recovery” over the next two years because of the way it and Australia as a whole has handled COVID-19, an international credit rating agency has said.

MADURA MCCORMACK

HOTTStillwater runs deep as McMullen eyes Red Emperor

Mick McMullen, who made it big last decade in North America, is eyeing another deal closer to home after teaming up with Bill Beament on Venturex.

WATCH THE INTERVIEWParamedic: ‘Toxic FIFO sexism must end’

A whistleblower who raised the alarm about a culture of sexist bullying and harassment on Rio Tinto mine sites has spoken out after she was let go after making the report.

Annabel Hennessy

Juukan lessons‘Crash-through mentality’: Fortescue put on notice

Not a single stone should be out of place at Aboriginal heritage sites in the aftermath of Juukan Gorge. Yet in the space of a week, the Pilbara has been rocked by not one but two separate incidents.

Danielle Le Messurier

COVID overhangWest Coast carry $19m revenue overhang into 2021

The club is sorting through how to handle $18.9m in membership credits after a virus-interrupted 2020 that ravaged revenues.

Sean Smith

Iron resolveMacarthur’s magnetite dream slowly taking shape

SPINIFEX: The Brisbane-based company finally seems to be making genuine progress with its Lake Giles magnetite project in the Yilgarn region north-west of Kalgoorlie.

Stuart McKinnon

CompaniesAustralian Fashion Labels rescued by prominent local buyer

Australian Fashion Labels is back in business with a saviour coming from left field with a plan to revitalise the business.

Cameron England

‘Proliferation’ Decision on Perth childcare centre delayed again

Panel members have again deferred making a decision on whether to approve a controversial $2.1m childcare centre, the fourth such centre to be considered this week.

Lucy Jarvis

MarketsJapan stocks crumble on bond market moves

Japanese shares have slumped after a spike in global bond yields spooked investors already uneasy about the market's stretched valuation.

Hideyuki Sano and Stanley White

AviationBoeing 737 MAX suspension lifted in Aust

The temporary suspension on Boeing 737 MAX aircraft operating to and from Australia has been lifted by the Civil Aviation Safety Authority.

Hot stockMedallion’s mark two IPO flies off the shelves

Explorer easily raises $12.5m ahead of share market float after enlisting Perth broker Argonaut to handle its initial public offering.

Stuart McKinnon

Huge fallMaterials, financials do damage as ASX plummets 2.35pc

Australia’s share market has had its heaviest percentage fall since early September after steep losses on Wall Street.

Steven Deare

Arrow expands footprint around Burkina Faso gold discovery

ASX-listed gold explorer, Arrow Minerals has entered into a joint venture agreement with its neighbour in Burkina Faso and Vancouver-headquartered base metals miner, Trevali Mining that provides reciprocal exploration rights to each party’s tenements in the landlocked West African country.

Matt Birney

Navy supplierShipbuilder boosts profit amid probe

Shipbuilder Austal has lifted its interim profit despite disruption caused by COVID-19 and amid a regulatory probe into a major US contract.

Giuseppe Tauriello

Support neededCicerello’s boss warns on fear of further lockdowns

Nick Unmack, one of WA’s biggest restaurateurs, warns another COVID-19 lockdown could force many hospitality businesses to collapse without targetted support.

Jenne Brammer