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Good afternoon,

Australia's corporate regulator is probing tech giant WiseTech as its founder Richard White returns as executive chairman after four directors including its chair quit.

Underlying inflation accelerated in January, underscoring the Reserve Bank’s concerns that price pressures risk remaining persistent and likely precluding it from delivering back-to-back rate cuts.

The AFP says it is working through documents and statements from more searches it carried out after a raid of PwC headquarters, as part of its investigation into the tax scandal.

The markets


Commentary
MAGA mindset needed to Make ASX Great Again
By ROBERT GOTTLIEBSEN
Business Columnist
Up-and-coming enterprises once listed on the ASX to raise equity capital, but are finding the private capital market more attractive in local and overseas markets.
Latest news
Lynas boss casts doubt on Trump-Ukraine deal
Amanda Lacaze says if the US wants to secure rare earths supply, they should buy from Lynas rather than continue with “thought bubble” solutions.
By BRAD THOMPSON
Tripp’s Betr revs-up gaming with rival $360m Pointsbet bid
The digital gaming player is on the cusp of breaking into the top tier of Australia’s sports betting market as it enters the Pointsbet bidding war.
By ERIC JOHNSTON
Four dangers that could cause inflation to spike again
New CPI numbers show underlying inflation has ticked up and it’s wise to watch these factors when pinning your hopes on future RBA rate moves.
By ANTHONY KEANE
Axe falls on jobs at EY as staff told redundancies coming
Staff at the firm have been told to expect redundancies across the sprawling audit and consulting giant, with up to 100 jobs on the line amid a looming restructure.
By DAVID ROSS
‘Innovative thinker’: Michael Hill chief dies suddenly aged 57
Jewellery company Michael Hill has announced the sudden death of Brisbane-based CEO Daniel Bracken, who died overnight following an adverse reaction to medical treatment.
By ELI GREENBLAT, GLEN NORRIS

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