1+ hour, 2+ min ago   (93+ words) AFR Up to 600 workers at the Whyalla steelworks will be made redundant after administrators KordaMentha and the South Australian government decided to abandon further attempts to restart the ageing blast furnace, which has not been operating since April. KordaMentha have…...

1+ hour, 47+ min ago   (73+ words) afr.com The lenders to Healthscope, Australia’s second-largest private hospital operator, have backed a revised offer for the group from a consortium led by Calvary Health Care, ending 16 months of uncertainty about its future. The consortium, which also includes private…...

7+ hour, 21+ min ago   (95+ words) AFR Commonwealth Bank is ratcheting up the pressure on financial regulators to rein in Macquarie’s use of a corporate structure it alleges provides an unfair competitive advantage, after commissioning economic analysis to show how the arrangement supports Macquarie’s rapid growth…...

7+ hour, 11+ min ago   (85+ words) AFR Recently departed Reserve Bank board member Ian Harper has revealed that nearly one-third of monetary policy decisions over the past decade were split votes, challenging long-held assumptions of central bank unanimity. Harper said there was “very vigorous” debate among…...

7+ hour, 14+ min ago   (83+ words) afr.com Consulting giant McKinsey says Australia’s economy can be three times bigger by 2100 with seven smart steps. But to get there, we need to make a deliberate tilt towards growth. The Macquarie Group chief executive, who will retire in…...

17+ hour, 12+ min ago   (115+ words) AFR Toronto-listed Element Fleet Management Corporation has pulled out of the auction for FleetPartners, one of Australia’s largest providers of leased cars which was put into play in July. Element, advised by JPMorgan, is the only FleetPartners’ suitor to not…...

17+ hour, 19+ min ago   (105+ words) AFR It’s the biggest shake-up in the market for more than 20 years, and if current trends persist, big banks are facing hefty declines in credit card balances. The big four banks are already feeling the squeeze from the upending of…...

1+ day, 4+ hour ago   (99+ words) Data centres lack of popular licence is new territory for big tech AFR Global technology giants like MO have used consumer popularity to shield their activities from national governments. The problem now is that the public mood of concern about…...

1+ day, 21+ min ago   (84+ words) AFR Endeavour Group chief executive Jayne Hrdlicka’s plans to build a waterfront Noosa mansion – complete with a wine cellar, gym and sauna – are heading to court, where she will fight to overturn the council’s refusal. A six-day trial will begin…...

2+ day, 18+ hour ago   (119+ words) The chooks discuss the growing sense of panic inside Australia’s property industry, and look ahead to the next big test for markets. This week on the Chanticleer podcast, James Thomson and Anthony Macdonald examine the growing sense of panic inside…...