Andrew Forrest

One group of people enjoyed a staggering spike in their wealth while Covid-19 made the majority of people worse off.The wealth of Australia’s billionaires has surged at a staggering rate, Oxfam says, with the ultra-rich enjoying “a terrific…

The ASX was propelled higher by a strong US lead, briefly piercing a key psychological level, with property and resources among the winning sectors.The Australian sharemarket climbed higher after a strong lead from Wall Street, breaching a…

The ASX romped higher on the back of better commodities prices, with Fortescue the standout performer among the biggest 200 stocks.The Australian sharemarket climbed higher, with iron ore stocks snapped up after prices for the steel making…

The Brisbane-based workforce of a $6bn fertiliser company is reeling after a decision that could lead to mass redundancies over the next 14 months.A sizeable chunk of the workforce at Incitec Pivot’s Brisbane site has been plunged into…

Mining magnate Andrew Forrest delivered a warning to Scott Morrison as he shot down a common argument used by climate deniers.Mining magnate Andrew Forrest has ridiculed politicians who refuse to adopt renewable energy policies as he urged…

BHP has shrugged off the spectacular steel making commodity price slump, saying margins at its massive new mine in WA are ‘healthy’.Australia’s biggest new iron ore mine in more than 50 years has officially opened and while it would appear…

The ASX bounced back after suffering its worst weekly decline in almost seven months, with battery materials miners leading the charge.The Australian sharemarket closed in the green after spending all of last week in the red, with battery…