Major delays to NextDC’s flagship Melbourne facility left it vulnerable to an “opportunistic” raid by two rivals seeking to buy up to 10 per cent of the company.

#embattled #melbourne #australia

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This unspoken tradition is stalling our economy. But is it really so bad?

Business & Economy

1w ago

This unspoken tradition is stalling our economy. But is it really so bad?

This months-long pause isn’t carved into any legislation, but is an unofficial countrywide practice.

#australia

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Manly offers two-year deal to take Test star Trbojevic off the market

Business & Economy

1w ago

Manly offers two-year deal to take Test star Trbojevic off the market

Manly has tabled Tom Trbojevic - and his potential fullback successor - a two-year deal to ensure he finishes his career where it started.

#manly #trbojevic

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NAB profit falls to $6.1 billion, overdue home loan repayments tick up

Business & Economy

1w ago

NAB profit falls to $6.1 billion, overdue home loan repayments tick up

The country’s biggest business lender said household savings buffers remained strong but that arrears have deteriorated.

#nab

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ASX set to jump as Wall Street soars; Trump Media, Tesla, SpaceX tumble; Oil prices slump

Business & Economy

1w ago

ASX set to jump as Wall Street soars; Trump Media, Tesla, SpaceX tumble; Oil prices slump

US stocks are soaring after President Donald Trump’s party lost its sole control of Washington in the midterm elections.

#us-midterms #trump #asx

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New media money? Hannah Ferguson and The Daily Aus’ Zara Seidler hit the Sydney property market

Business & Economy

1w ago

New media money? Hannah Ferguson and The Daily Aus’ Zara Seidler hit the Sydney property market

Two of the most prominent figures among the new media set have cracked the property market. One bought for $775,000, the other, $4.1 million.

#hannah-ferguson #zara-seidler #sydney

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All the money said the Republicans and Trump would win. They blew it

Business & Economy

1w ago

All the money said the Republicans and Trump would win. They blew it

Ultimately, an avalanche of Republican money couldn’t pull Trump’s most important demographics out of their homes and into the voting booths.

#trump #republicans

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On the edge: David Jones stopped paying rent on major stores

Business & Economy

1w ago

On the edge: David Jones stopped paying rent on major stores

David Jones is facing collapse amid reports crucial negotiations with its landlords have failed.

#jones #scentre #westfield

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We’ve seen peak Trump, but the next two years will be a rocky ride

Business & Economy

1w ago

We’ve seen peak Trump, but the next two years will be a rocky ride

If a “blue wave” were to materialise in the elections, Trump would lose control of much of his domestic agenda. Expect him to double down.

#trump #election

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Six books are vying for the Booker Prize. One stands above the rest

Business & Economy

1w ago

Six books are vying for the Booker Prize. One stands above the rest

The frontrunners, the dark horses and our pick for the prize.

#booker-prize

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