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The Australian
 

Good afternoon,

Australia’s international competitiveness will drop as labour costs increase under the “same job same pay” industrial relations changes wash through the mining sector,  BHP has warned.

One of Australia’s highest-paid executives has taken a massive cut of almost $15m to his remuneration.

And Tasmania will be new epicentre of whisky according to listed spirit maker Lark that says a partnership with Seppeltsfield Wines will help it compete with the world's best.



Perry Williams
Business editor
The markets


Commentary
BHP reaches for ‘Plan A’ to be crowned copper king
By ERIC JOHNSTON
Associate Editor
The bets on copper and potash show BHP is undergoing another of its landmark reinventions. Will it be enough?
Latest news
Home diners dish up Coles profit, but ditch liquor
Consumers looking to save money are helping boost sales for Coles, but the supermarket’s liquor arm is struggling against rivals Dan Murphy’s and BWS.
By ELI GREENBLAT
BHP looks to more than double copper production out of SA
BHP has announced a copper ore resource of more than one billion tonnes at Oak Dam in South Australia and says it wants to more than double output in the state over the next 10 years.
By CAMERON ENGLAND
Woodside rewards shareholders after spate of acquisitions
The energy company will return 80 per cent of its revenues to shareholders, a move designed to show it can grow organically and through M&A and still reward shareholders.
By COLIN PACKHAM
Zip targets home loan goal
Buy now pay later lender Zip says it is seeing moderating bad debts as customer numbers and transactions decline.
By DAVID ROSS
Aussies flock to Guzman y Gomez as earnings beat forecasts
The nation’s fast food chains might be suffering from dour consumer sentiment and a pullback in spending on takeaway meals, but sales are booming at Mexican-themed Guzman y Gomez.
By ELI GREENBLAT