The Australian sharemarket tumbled after a negative lead from Wall Street, as investor fears grew about persistent US inflation and the likelihood that interest rates will stay higher for longer.

Some of the world’s biggest banks are now generating far more money in Russia than they were before the war started. It is shameful.

Tenants at Westfield Bondi Junction are preparing for the next phase of recovery, as messages of condolence left after the shocking attack two weeks ago are collected for victims’ families.

This week’s Bulls N’ Bears Runner of the Week is … Krakatoa Resources. Its shares jumped 130 per cent to join Adisyn, Canterbury Resources and Pivotal Metals.

Whether successful or not, the Australian mining giant’s offer puts pressure on Anglo’s board and management to consider significant changes to its business.