Sanjeev Gupta’s collapsed steelworks at Whyalla lost $319 million in the seven months before the South Australian government sent it into administration last week.
Hyundai have recalled about 9000 vehicles after authorities found a manufacturing defect in one of the car’s systems could cause a fire.
Emma Kirk
OneSteel Manufacturing creditor NRW was demanding weekly repayments back in December to keep providing mining services after the now-collapsed South Australian steelworks fell behind on its dues.
Simone Grogan
Sanjeev Gupta says his GFG Alliance is owed $500m from the collapsed Whyalla steelworks, while more than 200 creditors are set to to claim cash.
Matt Mckenzie
Oceania Glass was put into the hands of insolvency experts from Grant Thornton three weeks ago after private equity Crescent Capital gave up on trying to turn around the Melbourne-based business.
Sean Smith
Tae Helton, a car aficionado who lives minutes from Tesla Inc.’s flagship California factory, bought one Tesla for the family fleet and nearly purchased a second one last year.
Kara Carlson
A final nail has been driven into an Australian retail giant’s coffin, as those tasked with combing through the books tally a staggering amount of debt.
Blair Jackson
NRW has been left short $113 million for work completed at the now-collapsed Whyalla Steelworks operations, with no firm guarantee as to how much cash it can claw back from the wreckage.
Donald Trump has vowed to go ahead with imposing tariffs on close neighbours Canada and Mexico, reiterating his complaint that the US had been ‘taken advantage of’ by foreign nations.
Peta Rasdien
US-focused naval shipbuilder Austal is not seeing any pushback from Donald Trump’s new administration but has called out a potential hit from his aluminium tariffs.
A local resources lobby group reckons the Federal Government’s multi-billion-dollar cash splash for South Australia’s imploding steel industry should be funnelled towards WA instead.
Adrian Rauso
The federal and South Australian governments have come to the rescue of the embattled Whyalla Steelworks.
Joseph Olbrycht-Palmer and Duncan Murray
The Albanese Government has laid out a $2.4 billion lifeline to keep the Whyalla steelworks afloat, following the South Australian Government calling in creditors on billionaire Sanjeev Gupta’s GFG group.
Jackson Hewett
Having put its shares into a trading halt on news the steelworks had gone into administration, the group late on Wednesday said it had postponed the release of its results due on Thursday.
The boss of BlueScope boss has held firm that the US is the ‘best market’ to be in right now despite having no clear read on how ruthless President Donald Trump will be on Australian steel imports.
An Australian business could be a major winner from Donald Trump’s steel tariff even if the country is not spared from the controversial levy.
Cameron Micallef
Peter Dutton’s major home ownership offer to Australian voters would actually drive up house prices and slash home ownership, an analysis shows.
A major Australian steel producer’s international tycoon owner says his company is making “tangible financial headway with our creditors”.
Realside Ovest founder Julie Drago has been elected the Property Council’s local president, promising to champion industrial land amid optimism WA will become a manufacturing State once again.
Kim Macdonald
Prime Minister Anthony Albanese said President Donald Trump has agreed to consider an exemption for Australia from planned US tariffs on steel and aluminium during a telephone call.
Ben Westcott
Anthony Albanese has spoken to Donald Trump after the US President proposed 25 per cent levies on all steel and aluminium imports, including from Australia.
Joseph Olbrycht-Palmer
US President Donald Trump says he will announce 25 per cent tariffs on all imports of steel and aluminium.
Josh Wingrove
Analysts are tipping ASX200 companies outside of mining to better forecasts on the back of improving economic conditions and recovering consumer confidence.
President Donald Trump has revealed where he stands on a major partnership with Australia after the Albanese government delivered a $798m payment.
Clareese Packer
