Sydney Morning Herald – Business

Sydney Morning Herald – Business

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Australia business/markets desk with strong APAC equities and macro coverage.

The Lazy CEO’s Secret to Working Smarter, Not Harder
NewsMar 18, 2026

The Lazy CEO’s Secret to Working Smarter, Not Harder

Jane Lu, founder and CEO of Australian fashion brand Showpo, grew the company to a $100 million global business by rejecting the long‑hour hustle and building systematic, automated workflows. Early 15‑hour days became a bottleneck, prompting her to prioritize repeatable processes...

By Sydney Morning Herald – Business
The Lazy CEO: Jane Lu on Building Her $100M Empire
NewsMar 18, 2026

The Lazy CEO: Jane Lu on Building Her $100M Empire

Australian fashion retailer Showpo’s founder Jane Lu describes herself as a “lazy CEO,” a label she uses to champion systems‑driven growth over endless hustle. Starting the business from her parents’ garage, Lu has scaled Showpo to more than $100 million in...

By Sydney Morning Herald – Business
There’s a Hidden Job Market for over 50s, but You’ll Need to Do This to Get In
NewsMar 13, 2026

There’s a Hidden Job Market for over 50s, but You’ll Need to Do This to Get In

Robyn Greaves highlights a hidden job market for professionals over 50, emphasizing that success hinges on how they articulate their current value rather than past titles. As people enter a "third chapter" of work, they seek flexible, impact‑driven roles such...

By Sydney Morning Herald – Business
H3 Energy Opens Farm-Out Talks for Giant SA Oil and Gas Play
NewsMar 13, 2026

H3 Energy Opens Farm-Out Talks for Giant SA Oil and Gas Play

H3 Energy, an ASX‑listed explorer, has hired LAB Energy Advisors to launch farm‑out talks for its Alinya block in South Australia’s Officer Basin. The centerpiece, the Rickerscote prospect, is estimated to contain up to 4.3 trillion cubic feet of gas and...

By Sydney Morning Herald – Business
‘We Broke Every Rule’: How Cult Boutique Incu Shook up Australia’s Fashion Scene
NewsMar 13, 2026

‘We Broke Every Rule’: How Cult Boutique Incu Shook up Australia’s Fashion Scene

Incu, a cult boutique chain founded by the Wu brothers in 2002, now runs 13 stores across Sydney, Melbourne and the Gold Coast, offering curated high‑priced streetwear that sits between premium and luxury. The retailer emphasizes selective brand mixes, vertical...

By Sydney Morning Herald – Business
My Colleague Does Numerology at Work. How Do I Avoid a Jackie O-Style Blow-Up?
NewsMar 12, 2026

My Colleague Does Numerology at Work. How Do I Avoid a Jackie O-Style Blow-Up?

An employee’s casual practice of numerology is causing discomfort among team members who view it as pseudoscience. The article advises managers to handle the issue privately, focusing on the behavior’s impact rather than the belief itself. It recommends open‑ended dialogue,...

By Sydney Morning Herald – Business
Airport Planners Brace for Weeks of Travel Chaos Even After the War
NewsMar 12, 2026

Airport Planners Brace for Weeks of Travel Chaos Even After the War

Airport Coordination Limited (ACL) announced it will not penalize airlines for cancellations caused by the Iran‑related war and will provide slot relief for up to six weeks after hostilities cease. The conflict has already forced the cancellation of more than...

By Sydney Morning Herald – Business
Chariot Soars After Clearing Key Hurdle for Nigerian Lithium Portfolio
NewsMar 10, 2026

Chariot Soars After Clearing Key Hurdle for Nigerian Lithium Portfolio

Chariot Resources' shares surged up to 55% after Nigeria approved the transfer of six lithium licences into a joint venture with local partner Continental Lithium, forming C&C Minerals. The joint venture gives Chariot a 66.66% stake and encompasses a 254‑square‑kilometre...

By Sydney Morning Herald – Business
Gateway Maps 15km Corridor Next to Proven WA Gold Deposit
NewsMar 9, 2026

Gateway Maps 15km Corridor Next to Proven WA Gold Deposit

Gateway Mining announced a 15‑kilometre high‑resolution magnetic corridor across its Glenburgh South project in WA’s Gascoyne region. The corridor mirrors the structural setting of Benz Mining’s 500,000‑ounce Glenburgh gold deposit and is underpinned by kaolinite‑rich alteration identified by hyperspectral analysis....

By Sydney Morning Herald – Business
TMK Smashes Out New Mongolian Gas Record
NewsMar 9, 2026

TMK Smashes Out New Mongolian Gas Record

TMK Energy reported a new daily gas production record at its Pilot Well in Mongolia, delivering over 900 cubic metres (31,800 scfd) primarily from the LF‑07 well. The output represents a 400% increase since August and a 50% uplift from...

By Sydney Morning Herald – Business
Old Heaps, New Gold: Pacgold Readies SA White Dam Re-Crush
NewsMar 9, 2026

Old Heaps, New Gold: Pacgold Readies SA White Dam Re-Crush

Pacgold is gearing up to re‑crush the top lift of the White Dam heap‑leach pad in South Australia, deploying a Metso ST 4.1 screen and an HP300 cone crusher. The new circuit is designed for roughly 350 tonnes per hour, aiming to...

By Sydney Morning Herald – Business
Virgin Australia Flags Boost to Velocity Loyalty Program, Profit Jumps
NewsFeb 27, 2026

Virgin Australia Flags Boost to Velocity Loyalty Program, Profit Jumps

Virgin Australia reported an 11.7% rise in half‑year pre‑tax earnings to $490 million, driven by strong leisure demand and a $200 million boost from its transformation programme. The airline’s underlying pre‑tax margin expanded to 14.8%, up 40 basis points, as fuel savings...

By Sydney Morning Herald – Business
‘Doesn’t the Commission’s Case Have to Fail?’ ACCC Faces Critical Questions in Coles Case
NewsFeb 25, 2026

‘Doesn’t the Commission’s Case Have to Fail?’ ACCC Faces Critical Questions in Coles Case

The Federal Court examined the ACCC’s claim that Coles misled shoppers with its “Down Down” price tags, questioning whether the regulator proved the promotions were deceptive. The ACCC argues Coles inflated prices before offering short‑lived discounts, creating a false impression...

By Sydney Morning Herald – Business
‘The Right Types of Promotions’: Woolies Lures Customers Back with Lower Prices
NewsFeb 25, 2026

‘The Right Types of Promotions’: Woolies Lures Customers Back with Lower Prices

Woolworths has halted a multi‑year sales slump by slashing prices and expanding weekly specials, driving a 3.4% revenue increase to $37.1 billion in the first half of FY 2026. The retailer added over 350 items to its Lower Shelf Price range, now...

By Sydney Morning Herald – Business
CBA Cuts 300 Jobs as It Prepares Workers for an AI-Driven ‘Shift’
NewsFeb 24, 2026

CBA Cuts 300 Jobs as It Prepares Workers for an AI-Driven ‘Shift’

Commonwealth Bank of Australia announced the elimination of 300 positions, primarily within its technology division, as part of a broader workforce reshaping. The cuts coincide with a $90 million, three‑year upskilling initiative designed to ready staff for an AI‑driven shift over...

By Sydney Morning Herald – Business
The End of the Boozy Chinese Banquet Hits Australia’s Largest Winemaker
NewsFeb 16, 2026

The End of the Boozy Chinese Banquet Hits Australia’s Largest Winemaker

Treasury Wine Estates’ push back into China has been derailed by a government crackdown on extravagant banquets and tighter grey‑market controls. The winemaker announced it will pull 400,000 cases from China and 500,000 from the United States to regain pricing...

By Sydney Morning Herald – Business
Why the Stakes Are so High in the Coles ‘Fake Discounts’ Case
NewsFeb 16, 2026

Why the Stakes Are so High in the Coles ‘Fake Discounts’ Case

Australia’s largest supermarket chain, Coles, faces a consumer‑law case over alleged fake discounts. The ACCC alleges the retailer used high‑low pricing to mislead shoppers about price cuts. The lawsuit was sparked by a wave of Reddit‑driven outrage that highlighted questionable...

By Sydney Morning Herald – Business
Surge in ANZ, CBA Helps Drive ASX Higher; AMP, Temple & Webster Tumble
NewsFeb 12, 2026

Surge in ANZ, CBA Helps Drive ASX Higher; AMP, Temple & Webster Tumble

Australian equities rose 0.3% to 9,043.5 as a surge in bank stocks lifted the S&P/ASX 200. ANZ Bank reported a $1.9 bn profit for the December quarter, sending its shares up 8.5% and sparking gains across Commonwealth, Westpac and NAB. In contrast,...

By Sydney Morning Herald – Business