The $6.6 billion takeover of lithium producer Liontown by US giant Albermarle today collapsed after the intervention of Australia's wealthiest person, Gina Rinehart. Rinehart's Hancock Prospecting spent more than $1 billion to buy close to 20 per cent of Liontown, meaning it can determine the fate ...

A new tax for visitors has made a visit to one of the world’s most iconic tourism spots slightly more expensive.

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