Beijing’s biggest bank wanted ‘China rationale’ for mining loans Internal ICBC documents show the Chinese financial giant wrote loss-making or marginal loans to major Australian miners as a way of deepening the relationship. Peter Ker and Lucy King Super sector not obligated to solve Australia’s problems: IFM The retirement savings-backed IFM Investors has rejected suggestions that policymakers or the government could direct the $4.5 trillion sector’s investments. Woolworths threatens suppliers with product cuts, demands lower prices The Food and Grocery Code supervisor that oversees dispute resolution between supermarkets and suppliers confirmed there had been an influx of complaints. Jon Adgemis’ big private credit backer finds itself in ASIC spotlight Documents filed with the Federal Court show Gemi Investments has been fighting attempts by the regulator to obtain key documents as part of the review. Max Mason and Primrose Riordan Healthscope lenders pocket $400m in Calvary consortium deal The Calvary Health-led consortium was forced to up its offer by $60 million in recent weeks to seal the deal. Sarah Thompson, Kanika Sood and Angira Bharadwaj Transport minister given free Qantas platinum status for life Catherine King accepted the airline’s top-tier membership, which gives the federal cabinet minister privileges and freebies until the day she dies. Mark Di Stefano Haircuts, hedge funds, holy water end Healthscope’s white-knuckle ride The collapsed private hospital empire has finally been carved up – with the Catholic Church leading a multi-buyer rescue. Inside the boardroom switch that has tongues wagging By leaving oil and gas giant Woodside for gold miner Northern Star, Mark Cutifani has created a drama that speaks to investor dissatisfaction at both companies. Banking products More heat on Macquarie as rivals claim it has an unfair advantage CBA has privately calculated that if Macquarie Bank were to have the same capital framework as CBA, it would have to raise an additional $18 billion in capital. Customers are hitting back as banks recalibrate card reward programs It’s the biggest shake-up in the market for more than 20 years, and if current trends persist, big banks are facing hefty declines in credit card balances. Associate editor Media & marketing Inside the AI-maxxed world of media veteran Peter Tonagh The media boss has held key roles at Foxtel, News Corp and the ABC, but it is at Nine that he hopes to leave his mark, with the help of a digital doppelganger. Sam Buckingham-Jones Technology shake-up in focus as Macquarie awaits the Greg Ward era The former accountant is forensically assessing the structure of key divisions, including whether the group’s tech spend is being deployed efficiently. Joyce Moullakis Legal profession ‘A private club’: Inside NSW’s opaque silk system Senior counsel can easily command $20,000 a day, but critics argue the lifetime rank is market-distorting and run like an exclusive political network. Janek Drevikovsky Haircuts, hedge funds, holy water end Healthscope’s white-knuckle ride The collapsed private hospital empire has finally been carved up – with the Catholic Church leading a multi-buyer rescue. Anthony Macdonald Whyalla steel mill blast furnace fails for good, with 600 jobs to go KordaMentha, which has run the plant since the South Australian government seized it from British industrialist Sanjeev Gupta, is working to find a new owner. Updated Sep 14, 2026 NAB calls in McKinsey and KPMG for corporate and insto bank review The major bank called in the two consultancies this year to assess the corporate and institutional bank’s performance against peers and review workflows. Sarah Thompson, Kanika Sood and Angira Bharadwaj Mark Cutifani says Northern Star a ‘better fit’ after Woodside exit The energy giant’s succession planning to replace Richard Goyder is in disarray after the former Anglo American chief executive quit. Updated Sep 14, 2026 Angela Macdonald-Smith, Mark Wembridge and Gus McCubbing Inside the boardroom switch that has tongues wagging By leaving oil and gas giant Woodside for gold miner Northern Star, Mark Cutifani has created a drama that speaks to investor dissatisfaction at both companies. How a lewd photo blew up Luke Sayers’ life Part of the Melbourne establishment, Luke Sayers was Teflon. He survived the PwC tax leaks scandal, but claims about a lewd photo finally brought him to heel. Updated Sep 14, 2026 Luke Sayers apologises to former wife Cate Sayers for lewd photo claim The ex-PwC chief executive sent his lawyer to the Supreme Court of Victoria on Friday to apologise to Cate Sayers, who had sued him for defamation and breach of privacy. Updated Sep 14, 2026 Emma McGrath-Cohen and Max Mason Firmus targets $7b raise in IPO meetings; flaunts $95b contract book

Should the neocloud proceed with its plans, it would mark the second-largest Australian IPO after Telstra in 1997 raised more than $14 billion. Sarah Thompson, Kanika Sood and Angira Bharadwaj Calvary Health Care consortium wins battle for Healthscope A group led by Calvary and backed by David Di Pilla’s HMC Capital and Canada’s Northwest will acquire Healthscope, ending 16 months of uncertainty about its future. Updated Sep 14, 2026 Residential property Selling homes online could be cheaper as REA signs ACCC deal The competition watchdog says it is concerned the way realestate.com.au locks real estate agents into contracts that could amount to anticompetitive behaviour. Sam Buckingham-Jones Tim Goyder’s star mining bet Minerals 260 hunts for $250 million Shares in Minerals 260 are up 389 per cent in the past 12 months after it uncovered more gold than previously thought at its flagship project. Sarah Thompson, Kanika Sood and Angira Bharadwaj Queensland realtor lobs bid for star-studded rival agency’s rent book The Agency, home of some of the country’s highest-profile realtors, has found itself the target of takeover action from two suitors as its shares struggle. Sarah Thompson, Kanika Sood and Angira Bharadwaj Airservices chief attacks airlines for warnings of ‘frequent failures’ In a letter, Rob Sharp said claims that flights had to be reduced because air traffic control was finding it difficult to manage airspace were “not accurate”. Updated Sep 14, 2026 Ayesha de Kretser Inside ex-Sydney banker Hash Patel’s ‘no losing months’ trading pitch The former Merrill Lynch banker caught up in a US hedge fund collapse had previously pitched an FX trading strategy promising big gains with limited downside. Opinion | Tony Boyd Banking products More heat on Macquarie as rivals claim it has an unfair advantage CBA has privately calculated that if Macquarie Bank were to have the same capital framework as CBA, it would have to raise an additional $18 billion in capital. WaterNSW to test market interest for $1b-plus pumped hydro projects The three projects with 14 hours of storage would target growing demand in the NSW power market, particularly with the expansion of data centres. Angela Macdonald-Smith CBA ramps up pressure on regulator over Macquarie capital settings A CBA-commissioned report claims Macquarie is allowed to operate with a lower capital base than the big four retail banks. Electric vehicles Tesla owners to get insurance discount if they use self-drive tech Zurich is offering a risk-based discount for cars equipped with Tesla’s self-driving software, but road safety experts aren’t convinced the move is justified. Canada’s Element makes U-turn at $860m auction for FleetPartners The Canadian bidder had previously tried to force the target board’s hand with a two-part bid hinged on exclusivity, but the tactic failed to seal the deal. Sarah Thompson, Kanika Sood and Angira Bharadwaj Customers are hitting back as banks recalibrate card reward programs It’s the biggest shake-up in the market for more than 20 years, and if current trends persist, big banks are facing hefty declines in credit card balances. Joyce Moullakis Astronaut Nicole Stott’s warning on classroom tech ‘Roblox has taken the place of McDonald’s’: Inside booming teen economy ‘Roblox has taken the place of McDonald’s’: Inside booming teen economy Another Italian restaurant? This one is worth a visit Another Italian restaurant? This one is worth a visit What this top lawyer wishes he had done early in his career Sally Patten and Iona Rennie Why David Thodey thinks the Xero CEO is worth $25m Why David Thodey thinks the Xero CEO is worth $25m This CEO scraped through accounting. Now he runs a $6b company This CEO scraped through accounting. Now he runs a $6b company Is this new smartwatch the Goldiclock you’ve been looking for? ‘I’m where I am today thanks to Kylie Minogue’ ‘I’m where I am today thanks to Kylie Minogue’ Australia is the rising star of the Paris art scene Australia is the rising star of the Paris art scene Not all caviar bumps: Sydney’s wealthy dish it out for women’s health Hannah Tattersall Tzaneros’ ACFS owes creditors more than $270m Tzaneros’ ACFS owes creditors more than $270m Australian billionaire faces storm over Palestine ‘war chest’ Australian billionaire faces storm over Palestine ‘war chest’