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This Samson home sold for $1.25 million — the suburb’s new median price — in mid-2025.

PropertyCommentsPremiumMassive annual boost puts unlikely Perth suburb in top club

Some fringe suburbs have jumped by obscene amounts to join Perth’s million-dollar club, where the median house price smashes the seven-figure threshold.

Kim Macdonald

Mr Escalante founded VGW in 2010 with the backing of hundreds of small investors, but it only broke even in 2018. 

BusinessPremiumHow Laurence Escalante created $4 billion empire

Since joining the leagues of the super rich a few years back, Perth billionaire Laurence Escalante has splashed out on ostentatious displays of his wealth such as super cars, yachts, a jet and luxury property.

Sean Smith

DeepSeek rattled the tech sector by rolling out AI models that ?cost a fraction of those in the US. (AP PHOTO)

BusinessChina conditionally allows DeepSeek to buy Nvidia chips

A year after DeepSeek upended US markets, China has reportedly allowed the AI company it to buy Nvidia's H200 chips.

Fanny Potkin

From the archives of cartoonist Don Lindsay.

BusinessCommentsPremiumPerth entrepreneur and billionaire skirt disaster at SailGP

A Perth entrepreneur had a sink or swim moment when hosting family and friends on his 58-foot boat Arafura to watch January’s SailGP race off the Fremantle coast.

Gold bar and coin buying "accelerated to reach a 12-year high" in 2025, the World Gold Council says. (Dan Himbrechts/AAP PHOTOS)

GoldPremiumDemand for gold surged to all-time high in 2025

Demand for gold exceeded 5000 tonnes for the first time, reaching a record 5002 tonnes in 2025, the World Gold Council reports.

Staff Writers

The Federal Reserve chair is nominated by the US president and then approved by the Senate. (AP PHOTO)

MoneyPremiumTrump names Kevin Warsh as next Federal Reserve chair

US President Donald Trump says he'll nominate former Federal Reserve governor Kevin Warsh to be the next Fed chair.

Andrea Shalal and Bo Erickson

Federal Treasurer Jim Chalmers said the Federal Court order ‘sends a clear signal to foreign investors in Australia’.

MiningCommentsPremiumFederal Court slaps Chinese shareholders with huge fine

Chinese interests that defied government orders to sell down their stakes in rare earths developer Northern Minerals have been fined $14 million by the Federal Court.

Adrian Rauso

Horizon Minerals’ Black Swan processing facility outside of Kalgoorlie in Western Australia.

Horizon banks $37.5M from Kalgoorlie gold sales

Horizon Minerals has generated another quarter of strong cash flows from gold sales, banking $23.3M from 3689 ounces sold and ending the period with a healthy $37.5M cash balance.

Andrew Todd

Sponsored
St John of God Mt Lawley Hospital.

HealthPremiumHospital boss declares clean bill of health amid sale talks

The boss of non-profit St John of God hopes to lock in the sale of Mount Lawley Hospital to the State Government within months.

Matt Mckenzie

Six of the 11 sectors gained on a mixed day of trading. NewsWire / Max Mason-Hubers

MARKET WRAPGold slump, US Fed fears rattle sharemarket

Australian shares have tumbled as commodity prices suddenly reversed and speculation mounted about Donald Trump’s next Federal Reserve chair appointment.

Cameron Micallef

This week’s Bulls N’ Bears ASX Runner of the Week is… Apollo Minerals.

BULLS N’ BEARSASX Runners of the Week: Apollo, Terra Metals & Nagambie

The Bulls N’ Bears ASX Runner of the Week is… Apollo Minerals, which dusted off the historic high-grade Salau tungsten mine in France with a fresh five-year permit.

Andrew Todd

Kaiser Reef’s twin-boom jumbo being delivered to Union Hill at Maldon in Victoria.

Kaiser boosts coffers to $43.1M on strong Henty gold production

Kaiser Reef has delivered a robust December quarter, lifting its cash position by $13.7 million to $43.1 million, while posting solid gold production from its flagship Henty gold mine in Tasmania.

Doug Bright

Sponsored
Tax reform will make Australian housing more affordable and generate revenue, a top economist says. (Dave Hunt/AAP PHOTOS)

BusinessPremiumNobel laureate's advice for treasurer to fix housing

Joe Stiglitz is a bit of a rock star in left-leaning economic circles, but his suggestions to make housing more affordable didn't seem to convince Jim Chalmers.

Jacob Shteyman

Warren Buffett’s massive bet on Apple has proven the great investor right again.

analysis
analysis
BusinessComments
analysis
Buffett was right, betting on Apple is a sure thing

Warren Buffett’s massive bet on Apple has proven the great investor right again, as the company posted blistering iPhone sales in the December quarter.

Tom Richardson

A drill rig in action at Venus Metals Corporation’s Bellchambers gold project near Sandstone in Western Australia.

Venus taps CSIRO tech to unearth hidden WA gold targets

Venus Metals has unlocked fresh exploration upside at its Bellchambers gold project near Sandstone in WA’s Mid West, with a CSIRO-led hyperspectral study pinpointing new zones closely linked to gold potential.

Doug Bright

Sponsored
RBC Capital Markets analyst Michael Toner expects the consumer sector to neither beat nor miss market expectations and instead report revenue that meet forecasts. 

RetailCommentsPremiumNo surprises for results as retailers head for rough waters

There will be no surprises from Australian retailers during the February reporting season, according to a major analyst, with results tipped to be in-line with expectations.

Cheyanne Enciso

The RBA held rates at its last meeting of 2025 but inflation reading this week suggest a hike could be inevitable.

RBACommentsPremiumWorrying market move cements chance of a rate rise next week

Inflation data this week added fuel the fire as the RBA mulls a rate rise at next week’s meeting. Now moves by the markets suggest it could be a certainty.

David Finnerty

A dispatch from the world’s premier adult entertainment conference.

The EconomistCommentsPremiumHow porn stars can survive in the age of AI

THE ECONOMIST: The acronyms thrown around at world’s premier adult entertainment conference include AI, but also BDSM.

Tokyo's Nikkei index fell, losing 0.1 per cent as stocks related to AI declined. (AP PHOTO)

MarketsPremiumAsian shares slip after a wild day on Wall Street

China and Hong Kong stocks tumbled after a sharp drop in gold prices ‍sparked a broad-based selloff across the markets.

Staff Writers

A steep sell-off in gold stocks has wiped out most of the Australian share market's gains. (Steven Saphore/AAP PHOTOS)

MarketsPremiumAussie shares end week down after rollercoaster trading

A steep sell-off in gold stocks and other miners has dragged the local bourse lower on the last trading day of January and wiped out most of the week's gains.

Adrian Black

Reverse circulation drilling underway at Premier1’s Yalgoo gold project.

Premier1 locks up hot property in WA gold land grab

Premier1 has locked up full ownership of one of the Yalgoo greenstone belt’s last remaining gold packages in Western Australia not already in the hands of a multi-billion-dollar gold producer.

Andrew Todd

Sponsored
Not Supplied

NEWSPremium‘Deeply sorry’: Award-winning firm collapses

An award-winning construction firm has been forced into liquidation, with creditors appointing an insolvency firm and trading immediately halted.

Andrew Hedgman

ResMed Enhances CPAP Therapy with its First Fabric Mask

FinanceCommentsPremiumWeight-loss drugs increasing demand for ResMed sleep devices

Resmed has beaten expectations with $2 billion in second-quarter revenue and says weight loss drugs are actually boosting sales, rather than hurting them.

Derek Rose

A dispatch from the world’s premier adult entertainment conference.

The EconomistCommentsHow porn stars can survive in the age of AI

THE ECONOMIST: The acronyms thrown around at world’s premier adult entertainment conference include AI, but also BDSM.