Email
Here's what's making news this afternoon
To view this email as a web page, go here.
The Australian
 

Good afternoon,

Arrow Energy, will begin digging hundreds of new wells at its Surat Gas Project in Queensland, after signing a $100m contract with a local company. 

Regional towns across Australia are seeing a surge in demand for lending as businesses beef-up operations to meet households leaving the cities for affordable housing and a better lifestyle.

The nation’s ‘greenest’ super fund, run by the $140bn UniSuper, was one of the industry’s worst performers in 2024, despite a hefty allocation to listed equities.

Perry Williams
Business editor
The markets


Commentary
We need to wake up to the realities of our defence
By ROBERT GOTTLIEBSEN
Business Columnist
Elon Musk and Peter Thiel will no doubt be in President Trump’s ear about the failures of US defence. Hopefully our government can listen in.
Latest news
Rinehart flags spending spree in ‘non-Left, non-woke’ US
Gina Rinehart says she wants to invest billions in the US on the back of president Donald Trump starting ‘the greatest non-Left, non-woke movement sweeping the world’.
By BRAD THOMPSON
Copper earnings to underpin BHP’s hit from shrinking iron ore price
BHP’s copper-focused growth strategy is expected to offset the big hit to earnings it will take from soft iron ore prices, when the company releases its half-year results.
By BRAD THOMPSON
Why NAB has rails run in HSBC’s great Aussie bank sale
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
By ERIC JOHNSTON
Airfare deals heat up as Qantas and Virgin slash fares
In an encouraging sign for travellers, competition is heating up between Qantas and Virgin Australia, with both launching fare discounts and reward seats.
By ROBYN IRONSIDE
Show me the money: $250k tech salaries tower over all the rest
Hefty salaries, big bonuses and the nation’s highest hourly rates commanded by tech workers have been revealed, with even junior staff earning six-figure pay packets.
By JOSEPH LAM

image