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Market movers

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Federal Reserve chairman Jerome Powell says that political events don’t play a part in the central bank’s thinking.

Why no news from the Fed is good news

The US central bank is sticking to the “higher for longer” interest rate scenario factored into financial markets, while downplaying the prospect of widely feared rate hikes.

  • by Stephen Bartholomeusz
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Currency

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Companies

Woolworths’ quarterly figures have fallen behind Coles again.

‘We have got a lot of work to do’: Woolworths ‘out-traded’ as it trails Coles

Outgoing Woolworths chief executive Brad Banducci says cost-of-living pressures have hit the supermarket giant.

  • by Jessica Yun
NAB reported its half-year results on Thursday.

Competition kicks the stuffing out of NAB and Woolworths

This week’s results provide a reality check for those who argue that the highly concentrated banking and supermarkets sectors lack competition.

  • by Elizabeth Knight
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Opinion & Perspectives

Competition kicks the stuffing out of NAB and Woolworths

This week’s results provide a reality check for those who argue that the highly concentrated banking and supermarkets sectors lack competition.

Elizabeth Knight
Elizabeth Knight

Business columnist

Why no news from the Fed is good news

The US central bank is sticking to the “higher for longer” interest rate scenario factored into financial markets, while downplaying the prospect of widely feared rate hikes.

Stephen Bartholomeusz
Stephen Bartholomeusz

Senior business columnist

Mortgage wars enter next phase as property remains a rich playground

The big banks are rethinking how much risk they can take when it comes to lending, as some say that excessive regulation is only helping wealthy borrowers while others miss out.

Elizabeth Knight
Elizabeth Knight

Business columnist

Banking & finance

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Entrepreneurship

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
The latest fashion from Alexander McQueen, seen here at Paris Fashion Week, is available at Cettire with a significant discount.

This Australian billion-dollar luxury fashion retailer has taken the world by storm. But read the fine print

Cettire has dazzled both well-heeled shoppers and investors with its bargains and extraordinary growth, but it has also become the most polarising success story on the ASX.

  • by Colin Kruger

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