Markets
The seismic shift in domestic funding holds significant consequences for Australia as superannuation swells beyond $4.5 trillion.
Telstra shares gained 3.6% to touch their highest levels in more than 5 years after a ‘solid’ half-year result allowed it to hike its dividend.
The data centre unicorn’s claims about cooling tech, land and energy use have shifted fast. Bulls say its because AI is moving at warp speed, but others aren’t convinced.
The Mayne Pharma vs Cosette takeover saga and ensuing legal battles have already reshaped Australian M&A. The latest, precedent-testing lawsuit could do so again.
A week after threatening to walk, SGH boss Ryan Stokes has produced a “best and final” $15 billion bid for the steelmaker, reigniting a takeover standoff that appeared to have frozen.
