Commonwealth Bank chief executive Matt Comyn said Australia’s economy is being weighed down by elevated interest rates and sticky inflation.

Bernard Arnault has traded places with Elon Musk as the world’s richest man numerous times in recent years. Now the pair are set for a clash of a different kind.

Bendigo’s new chief says rules that require banks to test if a customer could handle a 3 percentage point interest rate rise are “not good for competition”.

United States OTC-listed Uranium American Resources will buy three U.S. uranium projects for US$8.5M cash and scrip from Australian interests.

Javelin Minerals has intensified its focus on the company’s two flagship Kalgoorlie gold projects by placing a for sale sign on its base metals and silver project in WA’s Kimberley.