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Good afternoon,

Investors are seeking to uncover "what has fundamentally changed” at WiseTech after four independent directors abruptly quit the tech company in protest of founder Richard White’s new $1m a year consulting role.

The Albanese government’s delay in approving an extension permit for Woodside’s operations in north-west Western Australia threatens to deter the company from drilling for much-needed domestic gas, the chief executive of the oil and gas giant has warned.

Legendary Oaktree investor Howard Marks makes the case during an Australian briefing that history is working against Wall Street repeating its rally.

The markets


Commentary
The election game changer politicians didn’t predict
By ROBERT GOTTLIEBSEN
Business Columnist
In every election, there is always a surprising lightning rod issue. This year it will be taxation – both the increasingly broken system itself and the ALP’s signature policy on ta...
Latest news
Why bitcoin has cracked since Trump took office
Bitcoin has slumped 13 per cent in recent weeks, ethereum almost twice as much, and cryptocurrency’s short-term outlook is shaky.
By ANTHONY KEANE
Trump ‘won’t stop’ investment in Aus agriculture
Donald Trump might be trying to “de-woke the world” on issues like climate change, but a key ag leader says he’s unlikely to halt investment into Australian regenerative farming.
By HELEN TRINCA
FIRB blamed as Chinese iron ore deal collapses
Australia’s foreign ownership watchdog failed to meet its own deadlines in a year-long delay assessing an iron ore deal.
By BRAD THOMPSON
Domino’s Pizza in the red as costs bite
The pizza chain has slammed the brakes on its aggressive global expansion and shuttered stores and cut costs, causing heartburn for investors with the company swinging to a loss.
By ELI GREENBLAT
Viva accelerates cost cutting as 2025 outlook spooks market
Viva’s disappointing results comes amid the upheaval of the oil market, stoking concern about the company’s push into retail.
By COLIN PACKHAM

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