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ANZ has agreed to pay a $25 million fine for failing to pay benefits to half a million customers.

ANZ boss sees ‘stress’ in the economy as bank profits slide 7 per cent

ANZ chief executive Shayne Elliott said competition especially in home loans was stronger than ever as the bank announced a cash profit of $3.55 billion and a $2 billion share buyback.

  • by Millie Muroi
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Companies

Auric Mining’s Jeffreys Find open pit gold mine near Norseman.

New WA gold haul to trigger next Auric cash splash

After pocketing $4.7 million from its savvy Jeffreys Find project in WA’s Goldfields in 2023, Auric Mining is again ready to fill the till with more gold sales.

  • by Michael Philipps
AGL profit outlook is looking better.
Opinion
Renewables

Not everyone will celebrate AGL’s improved profit outlook

Amid a cost-of-living crisis, energy companies have large targets on their backs, along with supermarkets, banks and airlines.

  • by Elizabeth Knight
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Opinion & Perspectives

Not everyone will celebrate AGL’s improved profit outlook

Amid a cost-of-living crisis, energy companies have large targets on their backs, along with supermarkets, banks and airlines.

Elizabeth Knight
Elizabeth Knight

Business columnist

Gold fever: Why China and the rest of the world are stocking up

The gold price is behaving very strangely, but there is a simple explanation.

Stephen Bartholomeusz
Stephen Bartholomeusz

Senior business columnist

Vladimir Putin humiliated as his gas empire crumbles

Vladimir Putin is throwing everything he has got at ramping up Russia’s war machine. But it does not include one previously reliable source of cash.

Tim Wallace

Banking & finance

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Entrepreneurship

The memorial service to celebrate the life of billionaire Lang Walker was held at Sydney Town Hall.

A force of nature with a wry smile: Lang Walker remembered

Billionaire and philanthropist Lang Walker was remembered as a transformative force in Australia’s urban landscape at a memorial service at Sydney Town Hall on Friday.

  • by Colin Kruger and Carolyn Cummins
From left to right: Former Fortescue executives, Bart Kolodziejczyk and Michael Masterman’s start-up Element Zero has plans for a $US2.1 billion green iron processing plant in the Pilbara.

The iron men with a $3 billion plan to save the planet

Two former Fortescue executives want to reduce the enormous carbon footprint of iron ore, Australia’s most lucrative export industry. It’ll cost at least $3 billion.

  • by Anne Hyland

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