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The Australian
 

Good afternoon,

Fortescue’s green energy arm lost $US659m in the past financial year with spending to sail past $US1.2bn this year, while the iron ore arm is guiding a modest increase in iron ore shipments.

The Olympics gave Nine a super sugar hit, but three major problems are looming as CEO Mike Sneesby needs to quickly grapple with a changing TV landscape, writes Eric Johnston.

Falling airfares are expected to see more families on long haul flights, with Flight Centre recording an 18 per cent jump in international ticket sales in July, in response to a 5 per cent dip in prices.

Perry Williams
Business editor
The markets


Commentary
Kennedy’s health deal with Trump could flow to our food makers
By ROBERT GOTTLIEBSEN
Business Columnist
Like most Australians, I am greatly concerned at the health issues that are emerging in our youth. I don’t know whether Robert F. Kennedy Jr’s remedy is the answer, but he may be r...
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New Tabcorp boss sets new agenda amid heavy losses
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By GLEN NORRIS
Woolworths dishes out special dividend amid improving sales
Impairments against its New Zealand supermarkets and a stake in drinks group Endeavour crashed Woolworths net profit by 93 per cent, but underlying earnings growth has helped it fund a 40c a share special dividend.
By ELI GREENBLAT
Blame game: Victorian govt’s venture capital fund court fight heats up
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By ANGELICA SNOWDEN
The revolution that could change gen Z’s gloomy outlook
Despite their currently very pessimistic view of housing, Gen Z could actually enter a property market in the 2030s that is more affordable than it is today.
By SIMON KUESTENMACHER
Start-ups turn to bank of mum and dad as VC funds dry up
Australian fintech Airwallex says the transfer of wealth from baby boomers to their millennial children should foster not only property ownership but also entrepreneurialism.
By JARED LYNCH