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4th February 2025

SA Business Journal

Canada tariffs halted as Trump, Trudeau strike deal

Canada has announced that US tariffs are on hold for 30 days after Justin Trudeau held a “good phone call” with Donald Trump.

US tariff risk to SA farmers

Hopes that interest rates could begin to fall are injecting optimism into the SA economy, but Trump’s tariffs pose as a serious threat to the state’s farmers.

Woolworths shakes up leadership team after tough year

New CEO Amanda Bardwell has put her stamp on Woolworths, creating a retail division that will oversee its supermarkets, convenience stores, meat supply and private label groceries.

Wheels of fortune: Family empire’s young guns turn the corner

One of the last vestiges of SA’s once mighty automotive sector is booking surging profits and targeting new markets, as its new leader looks to build on the ROH Wheels legacy.

ASX bounces back; UBS upgrades News Corp, cuts Nine

US markets stem bleeding after White House delays tariffs. ASX rebounds. Local household spending data beats estimates. Woolworths, Westpac announce leadership changes. Nine remain...

SA pushes hydrogen ‘gamble’ as national projects torched

Another major blow to the nation’s fledgling hydrogen industry is sparking calls for SA to rethink its $593m plan.

FBI swoops: Adelaide millionaire swaps mansion for Milan jail cell

He owns a $6m Glen Osmond mansion but he’s spent the past four months in an Italian prison on remand as US authorities hunt him down over an alleged $50m criminal plot.

Major contract for Olympic Dam expansion study awarded

BHP has awarded a $40m contract to progress the proposed expansion of its copper smelting and refinery facilities at the Olympic Dam operations in South Australia’s Far North.

Businesses ‘deceiving’ consumers rights: ACCC

The consumer watchdog has warned businesses against deceptive statements about customer rights after thousands of local businesses were found to be violating the law.

Supermarket giant’s move in Australia

A US retail giant is bringing in a major change for Aussie customers – including non-members – that has been hailed a “game-changer”.