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Good morning,

BHP's former chair Don Argus says Anglo American "does not warrant" a higher bid and has called for the target's board to come to their senses and begin talks with his successor at the Australian mining giant.

The chances of Star Entertainment passing into foreign hands have increased as overseas suitors, including the Hard Rock empire, swoop on the embattled casino group.

Woodside Energy CEO Meg O’Neill says delivering new gas supplies has become more difficult after a Labor-Greens deal failed to fix the offshore gas approvals system, as she called for a “reset” in the ­energy and climate debate.

Perry Williams
Business editor
The markets


Making news this morning
1
ASIC weighs legal action after hardship review
The corporate regulator is warning of action against a bevy of home lenders after a review of their handling of hardship cases.
2
Secrecy over Callide C explosion turns to farce
If there was ever any doubt that CS Energy is desperate to prevent the causes of the incident from being made public, Monday’s events in court made it pretty clear.
3
AI uncontrollable and unstoppable: WiseTech
AI has evolved at such a pace that anybody who claims they know what it will look like in five years time is lying, says WiseTech founder Richard White.
Editor's picks
MARKETS
Nvidia results to ripple through global markets
The big question investors are asking this week is whether Nvidia’s results will beat expectations enough to cause a further leg-up in its share price.
By DAVID ROGERS
EXCLUSIVE
Inside Maserati’s plan to go all electric by 2028
The luxury car maker’s chief engineer believes a lull in EV sales is temporary and reveals how the company overcame one of the biggest problems with electric motors.
By JARED LYNCH
MARGIN CALL
MP mute about a strange bedfellow
Federal MP Josh Burns is one of the few voices on Israel in the Labor Party at the minute, but eyebrows have been raised at his relationship with Animal Justice Party MP Georgie Purcell.
By YONI BASHAN
Commentary
Will BHP’s ‘Plan B’ go all the way to win over Anglo?
By ERIC JOHNSTON
Associate Editor
As the deadline approaches on the mega merger, the Australian giant’s CEO is mulling a new path to save his $64bn deal.
The hidden reason super for home buyers will work
By JAMES KIRBY
Wealth Editor
Many younger Australians would be better off sidelining super and making sure they own their own home.
Dataroom
Optus may look to sell fibre assets
Speculation is mounting that Optus may look to sell its fibre infrastructure assets to a group like Kohlberg Kravis Roberts, which may also snap up similar assets from TPG Telecom.
Patriot Battery Metals taps market for further drilling opportunities
The lithium explorer is going cap in hand to investors as it remains eager to capitalise on the growing demand for batteries used in electric vehicles.
Cyan Renewables tipped to up $1bn MMA offer
Surging demand for MMA Offshore on the back of global demand for energy means another offer from Cyan Renewables looks almost a sure bet.