business
Prolonged pause on interest rates possible as RBA board meets for June
Most experts are tipping interest rates will remain on hold but the question is when will they come down. Source link
Is SpaceX worth $3 trillion? Of course not, but that's not the point
To get a sense of the difference between the Tesla and SpaceX IPOs, consider that 1.7 billion seconds ago was 1972, when Elton John released Rocket Man, while 1.7 trillion seconds ago was 52,000BC, when we shared the planet with Neanderthals. Source link
'Lambo Guy' Adrian Portelli sues former minister over lottery comments
Melbourne “rewards club” lottery billionaire Adrian Portelli has launched a defamation lawsuit against former SA minister Andrea Michaels over comments she made about a $3.5 million home prize draw. Source link
Mitre 10 franchisee battles to stop Bunnings opening next door
A small town retailer is battling it out with Australia’s biggest hardware giant in the Federal Court to stop Bunnings from opening up literally next door to his Mitre 10 franchise. Source link
Andrew Forrest defends native title deals after $150m Yindjibarndi win
Mining magnate Andrew “Twiggy” Forrest has defended his company’s approach to Indigenous agreements after a court ordered the miner to pay $150 million in compensation to the Yindjibarndi people. Source link
Federal government has contracts worth more than $650m with embattled KPMG
Parliamentary library data reveals the federal government has almost 300 active contracts with accounting firm KPMG, which is being investigated over claims it misused confidential client information. Source link
Smelter left in limbo after consortium member effectively pulls out of bid
Workers at Tasmania’s troubled Liberty Bell Bay smelter have been told administrators have until Monday to secure alternative funding, after a member of the preferred consortium bidding to take over the manganese smelter effectively pulled out. Source link
Live: ASX set for strong start after Wall Street rebounds
The ASX is set for a strong start after Wall Street rallied and oil prices tumbled. Follow the day’s events and insights from our business reporters on the ABC News live markets blog. Source link
More couples opt for micro-weddings and elopements amid cost-of-living crisis
Melbourne couple Averill and Lloyd Johnson pulled off their dream wedding for just $3,000, compared to the average wedding cost of about $38,000. Source link
Major PFAS class action could lead to multi-billion dollar claim figure
Hundreds of businesses and organisations are part of a major Victorian Supreme Court class action against chemical manufacturer 3M. Source link