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Novo Nordisk says new obesity pill reduces weight by 13.1pc
It says experimental pill Amycretin was safe and tolerable for patients in an early-stage trial, with mild-to-moderate side effects.
- Jacob Gronholt-Pedersen and Maggie Fick
Nine farewells Mike Sneesby after three years and $3b share price slide
His legacy is likely to be remembered in two parts: what he did do at Stan, and what he didn’t do when he took charge of the publishing and broadcasting giant.
- Zoe Samios
CBA and ANZ keep it all in the family
The face of ANZ is the husband of its chief competitor’s advertising chief. The chances!
- Mark Di Stefano
Not even Star’s collapse could halt CEO’s bonuses
Whoever tips in money to solve Star’s cash crunch has a real chance of losing it. But not Steve McCann.
- Myriam Robin
Morrison & Co mulls selling Perth Airport stake; TIF, ART tipped to join
Of note, Morrison & Co’s decision to sell could set off a domino effect on Perth Airport’s register.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Renewables record tumbles but may be close to pause
Renewables’ share of generation hit a fresh record on Monday, but with coal plants having to run at minimum levels it may be near a temporary limit.
- Angela Macdonald-Smith
Opinion & Analysis
Nine’s next chief executive must fix Sneesby’s strategic paralysis
A sagging share price and a torrid last five months led to investors losing confidence. Chairwoman Catherine West and her new CEO face a tough turnaround.
Columnist
Stop taking our mining good fortune for granted
There is a danger of not only bashing the mining industry, but in treating new minerals as the “next big thing” while overlooking legacy conventional mining.
Editorial
IGO boss rides lithium rollercoaster with the EV faithful
Large cap miner IGO is one of the faces of the critical metals rout. It’s hit its new CEO harder than most.
Columnist
M&A lessons from big players in this year’s Australian deals
Mergers and acquisitions are all about time, value and regulatory risks in 2024. But dig below the surface and there are interesting lessons from key players in this year’s deals.
Columnist
Companies in the News
Westpac Banking Corporation
Macquarie Group
Mineral Resources
Updated: Sep 12, 2024 – 4.39pm. Data is 20 mins delayed.
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Featured
- Opinion
- Big four
What scandal? Elliott doubles down on minimising bond trading fallout
Shayne Elliott is steadfast in his position that ANZ hasn’t done all that much wrong. It’s a familiar stance, but this time he better be right.
- Jonathan Shapiro
Real estate portal Domain the ultimate fixer-upper for Nine’s board
It’s Australia in 2024, and property is (still) king. Getting the one-time growth engine firing again would make for some very happy shareholders.
- Jemima Whyte
Inghams director warns: Guzman y Gomez store will attract ‘riff-raff’
Behind the minor fracas is a bigger question about whether the country’s biggest poultry producer can continue to squeeze big profits from fast food chains.
- Jemima Whyte
More From Today
- Opinion
- Chanticleer
Nine’s next chief executive must fix Sneesby’s strategic paralysis
A sagging share price and a torrid last five months led to investors losing confidence. Chairwoman Catherine West and her new CEO face a tough turnaround.
- James Thomson
- Opinion
- The AFR View
Stop taking our mining good fortune for granted
There is a danger of not only bashing the mining industry, but in treating new minerals as the “next big thing” while overlooking legacy conventional mining.
- The AFR View
- Opinion
- Chanticleer
IGO boss rides lithium rollercoaster with the EV faithful
Large cap miner IGO is one of the faces of the critical metals rout. It’s hit its new CEO harder than most.
- Anthony Macdonald
Telstra Health loses 300 jobs but stays on the block
The telco group is holding off from offloading Telstra Health as chief executive Vicki Brady restructures swathes of the company to boost profits.
- Jenny Wiggins
- Exclusive
- Health insurance
Healthscope forces big insurers to cough up to repair its profits
Medibank Private, NIB and HCF have agreed to out-of-cycle funding payments in the “tens of millions of dollars” for the Brookfield-owned hospital group.
- Michael Smith
Holding Redlich held merger discussions after abandoned expansion effort
Holding Redlich held preliminary merger talks with a rival national firm as it turned away from an unsuccessful expansion strategy.
- Maxim Shanahan
Australia’s most-advanced offshore wind project hunts equity backers
Renewables bigwig Copenhagen Infrastructure Partners wants a co-investor for the 2.2GW Star of the South, Australia’s most advanced offshore wind project.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Goldman eyes bigger slice of Melbourne super set with new hire
Street Talk understands the Wall Street bank has tapped BTIG managing director Joe Mahony to lead its equities sales and execution effort in Melbourne.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lithium will be a rollercoaster for the next 10 years, says IGO boss
Ivan Vella says his company will capitalise on extremely volatile prices for the battery material over the next decade and add a new mineral to its portfolio.
- Peter Ker
- Exclusive
- Insolvency
Rex accused of stealing planes from Arizona aircraft graveyard
The lawsuit, filed by American leasing company Jet Midwest, adds a twist to the regional carrier’s tortured demise. Rex entered administration in July.
- Max Mason and Ayesha de Kretser
The one family rule these married co-CEOs (and ex-EY execs) stick to
Simone and Matt Rennie, co-founders of rising consulting challenger Rennie Advisory, avoid work after dinner at all costs.
- James Hall
- Updated
- Media & marketing
Sneesby steps down as Nine CEO
Mike Sneesby’s resignation comes at a critical time for the media giant, which is conducting a review into workplace culture while juggling a decline in advertising.
- Zoe Samios
Qantas executive pay falls 40pc, Alan Joyce pockets $3m
The airline has changed the way it pays and claws back bonuses after a stinging rebuke of its remuneration report from shareholders.
- Ayesha de Kretser
- Sponsored
- Energy
- Hydro Tasmania
Delivering grid stability: The vital role of deep-storage facilities
With all Australian coal-fired power stations forecast to close by 2040, the race is on to replace the retiring fleet with new clean energy generation.
Sponsored
by Hydro Tasmania
- Opinion
- Chanticleer
M&A lessons from big players in this year’s Australian deals
Mergers and acquisitions are all about time, value and regulatory risks in 2024. But dig below the surface and there are interesting lessons from key players in this year’s deals.
- Anthony Macdonald
- Opinion
- Chanticleer
Lithium finds a bottom, but beware Chinese whispers and false dawns
It only took a rumour to set a fire under global lithium stocks. There’s more drama and pain ahead for the sector, but at least true believers have hope now.
- James Thomson
Hyped unicorn Linktree is another ZIRP horror story
Accounts for the one-time tech darling make for eye-watering reading.
- Mark Di Stefano
How Shein’s shadowy CEO staged a staggering takeover of retail
A Chinese-founded company selling questionably sourced clothes can thrive thanks to the perpetually unsated consumer.
- Timothy McLaughlin
Origin reworks coal power stalwart for final years
The giant Eraring coal generator faces a dynamic last few years to cope with the influx of renewables as the baseload site reinvents itself.
- Angela Macdonald-Smith
Yesterday
- Opinion
- Chanticleer
Trump v Harris could ‘absolutely’ change rate cuts story
It’s hard to escape inflation and interest rates – as much as stock pickers would love to just focus on business models.
- Anthony Macdonald
