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Good afternoon,

BHP has won approval for NSW’s largest coal mine to remain open for a further four years, with part of the sprawling site set to be repurposed into a pumped hydro project amid concern over job prospects for 2000 workers.

Rio Tinto remains optimistic about the strength of the Chinese economy as it braces for the impact of US president Donald Trump’s tariffs on global trade.

Richard White has crowned himself WiseTech’s chief innovation officer in addition to his role as chairman, and will lead the search for a new chief executive as he cements his corporate comeback and reasserts his authority at the scandal-plagued logistics titan.

Vesna Poljak
Business Editor
The markets


Commentary
Australia can play key role in supply of critical minerals
By ROBERT GOTTLIEBSEN
Business Columnist
As China restricts exports of rare earths, it is clear Australia has an opportunity to fill a vital gap in the global supply chain.
Latest news
Mineral Resources directors quit as proxy advisers turn up the heat
Efforts to clean up its act after a series of scandals are in disarray, with two Mineral Resources independent board members quitting as proxy advisers turn up the heat on directors who sit on other boards.
By BRAD THOMPSON
Richard White sows the seeds of WiseTech’s own mediocrity
The founder who refuses to let go is essentially closing the book on succession planning. This is becoming an obvious weak spot for the tech company.
By ERIC JOHNSTON
Banking boss disappointed ‘no vision or solutions’ from election campaign
Australia’s election campaign is short on substance, with Bank of Queensland boss Patrick Allaway warning both sides have failed to present a vision for lifting the country or solving its housing crisis.
By DAVID ROSS
Star drops on return to ASX ahead of court fight
The troubled casino operator has made a rocky return to the ASX after securing much needed funding, as it prepares to take on Australia’s financial crimes watchdog in court.
By ANGELICA SNOWDEN
Goodman poaches Microsoft exec to ramp up data centre business
The industrial property powerhouse has poached Microsoft’s data centre general manager as the industrial landlord doubles down on its plans to become a global digital infrastructure powerhouse.
By JOSEPH LAM

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