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The Australian
 

Good afternoon,

The tsunami of higher costs, supply shortages and labour issues which wiped out thousands of construction firms has started to show signs of stabilisation , with the number of business failures easing as a record number of hospitality operators close.

Meanwhile, mini-cap Global Lithium Resources has spilled its own board and proposed a new director in an attempt to get ahead of a tilt by a Perth property developer to install himself on the board.

And what do you get for the rich-lister muscle car enthusiast who has everything? Just ask Adrian Portelli, who has bought a stake in the business behind Summernats.

Perry Williams
Business editor
The markets


Commentary
Warning, warning: volatile weather, high energy costs loom
By ROBERT GOTTLIEBSEN
Business Columnist
Energy pricing will be important in the upcoming US presidential election. Australia has taken the high-cost, less reliable energy path, so the issue will gain significance when we...
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By ROBYN IRONSIDE
Inside Apple’s biggest product launch
The tech behemoth’s is making up for lost ground in the AI race with its new iPhone 16, Apple Watch and AirPods. Here’s what you need to know.
By JARED LYNCH
‘Kimchi Street’ in Melbourne gets official Koreatown status
Did someone say Buldak ramen or Korean fried chicken? Fulfil your cravings in this thriving community of more than 25 Korean stores and restaurants in Melbourne.
By JOSEPH LAM
Rise of the lifestyle nation: Aussies’ search for balance revealed
Understanding population growth across our nation is crucial for businesses, policymakers and investors – and age is emerging as a crucial factor.
By HARI HARA PRIYA KANNAN