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Shock and ore in FMG boss exodus

The ATO has issued a further tax bill to Rio Tinto in relation to the mining giant's interest deductions on a loan it took out in 2015.

Spinifex Brewing Co has completed one of the largest crowdfunding campaigns undertaken by a craft brewery in Australia and raised $2 million through Equitise.

On today's episode of At Close of Business, managing editor Sean Cowan offers his thoughts on this morning's mad rush to buy AFL Grand Final tickets.

State government payments to electricity producer Synergy are nearly four times higher than expected just two years ago, with $395 million planned this financial year.

Investors have enjoyed their biggest gains on the ASX since early August despite signs unemployed Australians are giving up looking for work due to lockdowns.

Kalium Lakes is in the race to become Australia's first sulphate of potash producer, with construction of its Beyondie project nearing completion.

Western Australia has outperformed the rest of the country on employment growth and population growth, new data released today shows.

The City of Stirling has pushed for AMP Capital's $150 million Karrinyup apartment proposal to be refused, arguing the three towers constituted an overdevelopment of the site.

Premier Mark McGowan has lashed the federal government for ignoring WA's shipbuilding capability after it confirmed full-cycle docking would remain in Adelaide.

Pitch events may make for great theatre or TV, but perhaps they're not the best way to assess a startup's true potential.

WAAPA's third year students show plenty of potential in Humphrey Bower's take on Julius Caeser, writes Rita Clarke.

Wesfarmers looks like it may have sealed a takeover of Australian Pharmaceutical Industries (API) after an increased offer for all shares.

Retail giant Myer has returned to full-year profit and the turnaround may ease pressure on its embattled board members.

Pilbara Minerals has awarded a $70 million contract extension to mining services company MACA and added Miriam Stanborough to the board as a non-executive director.

Telstra has announced a three-year strategy to expand its 5G coverage and capitalise on major shifts in how its customers live and work.

Local craft brewers are taking their products offshore.

Australia is set to build nuclear-powered submarines as part of a security pact with the US and the UK, although full-cycle docking is set to remain in Adelaide.

Explorers poised for ‘elongated boom'

KPMG has been fined, disciplined more than 1,000 staff and cut the pay of 16 partners after it found staff shared the answers for internal tests.

Noted pearl farmer Lyndon Brown has sold his prominent Peppermint Grove property for $15.7 million following a long running stoush with the council over its heritage listing.

The administrators of embattled construction company Pindan have been granted another extension, while flagging a potential claim against the company's directors for insolvent trading.

Scientists at Curtin University believe a new discovery about the cause of Alzheimer's disease could eventually lead to a preventative treatment.

On today's episode of At Close of Business, senior editor Mark Beyer explains the significance of Canva's recent $200 million capital raising.

The Supreme Court has set a December date to hear a challenge to environmental approvals for Woodside Petroleum's Scarborough project.

More signs of a slowing global economy helped sink the ASX as investors brace for a rise in Australian unemployment.

GBM Resources is seeking to raise $7.4 million to continue exploring for gold in Queensland's Drummond Basin, while Conico and Corazon also announced capital raisings.

Matso's will have a second home on the Sunshine Coast, after Good Drinks Australia announced it had acquired a Queensland venue for $5.3 million.

A former Perth finance broker at the centre of an investigation by the corporate watchdog has been spared jail after pleading guilty to two counts of fraud and one of giving false information.

Shares in Pilbara Minerals jumped 8 per cent to close near all-time highs today after the company announced strong results from its second online lithium auction.

A new breed of venture capitalist is making a statement in startup funding.

The Australian government has approved a $32 million loan for construction of a cotton gin at Kununurra though the project's full potential hinges on approvals for land development.