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Nic Fildes

Australia and Pacific correspondent

Nic Fildes writes about Australia, New Zealand and Pacific islands for the FT. He was previously telecommunications and UK technology correspondent in London prior to returning to his native Australia in 2022. Before he joined the FT he was technology and communications editor at The Times and has previously been a reporter at Dow Jones and The Independent.
Email Nic Fildes @NicFildes  on Twitter (link opens in a new browser window)
  • Wednesday, 25 September, 2024
    News in-depthReserve Bank of Australia
    Political ‘soap opera’ derails Australian central bank reform

    Opposition retracts support for new interest rate-setting board over concerns about biased appointees

    Michele Bullock, governor of the Reserve Bank of Australia
  • Wednesday, 25 September, 2024
    Rightmove PLC
    Rightmove rejects third offer from Murdoch-owned REA

    Australian property listings group chief says offer for UK rival is a ‘compelling proposition’

    REA chief Owen Wilson sitting in a chair
  • Wednesday, 25 September, 2024
    IPOs
    Australian IPO market slumps to lowest since global financial crisis

    Number of companies going public has been hit by weaker economic outlook

    The entrance to a Guzman y Gomez restaurant in Sydney, Australia, with an illuminated sign reading "Guzman y Gomez Mexican Kitchen" and a circular yellow logo with illustrations of two faces
  • Monday, 23 September, 2024
    Woolworths Ltd
    Australian retailers sued over ‘illusory’ discounts on Tim Tams and cat food

    Consumer watchdog accuses Coles and Woolworths of ‘misleading’ consumers on prices of staple goods

    A view of several packages of Tim Tam cookies, on display at a local grocery
  • Monday, 23 September, 2024
    Rightmove PLC
    Murdoch’s REA raises Rightmove bid to £6.1bn

    Australian property listings group criticises lack of engagement by UK target’s board

    Rooftops of brick residential houses with chimneys in Guildford, UK, with green fields and trees in the background
  • Wednesday, 18 September, 2024
    FT SeriesThe FT Magazine’s Guide to the Business Lunch
    The FT foreign correspondents’ guide to business dining around the world

    The top tables for breaking bread and sealing deals in great global cities

  • Friday, 13 September, 2024
    Elon Musk
    Musk blasts Australia as ‘fascists’ over social media law

    Billionaire X owner has previously clashed with privacy regulator over allegations of censorship

    Elon Musk
  • Wednesday, 11 September, 2024
    Rightmove PLC
    Rightmove rejects £5.6bn offer from Murdoch’s REA

    Property listings company rebuffs initial approach from company controlled by News Corp

    A laptop screen displaying the Rightmove website, showing properties for sale in Mayfair, Central London
  • Tuesday, 10 September, 2024
    Australia
    Australia plans minimum age limit for social media use

    Prime Minister Anthony Albanese promises crackdown amid concerns about excessive screen use by young people

    A teenager on a phone
  • Tuesday, 10 September, 2024
    Financial & markets regulation
    Australia proposes banks phase out AT1 bonds in wake of Credit Suisse collapse

    Regulator says loss-absorbing instrument does not fulfil purpose

    A Swiss flag is pictured above the logo of Swiss bank Credit Suisse on a building facade in Bern, Switzerland
  • Monday, 9 September, 2024
    Anglo American PLC
    Anglo faces uncertainty over coal unit valuation after Australia mine fire

    Some offers presented this week may include payment structures contingent on the state of Grosvenor, say bankers

    A worker wearing a hard hat, high-visibility vest and ear protection operates a drone using a remote control at Anglo American's Los Bronces copper mine in Chile. The open-pit mine and surrounding rugged mountainous terrain are visible in the background.
  • Thursday, 5 September, 2024
    Technology sector
    AI data boom mints Australia’s latest billionaire after $16bn Blackstone deal

    Cricket fan Robin Khuda came to country from Bangladesh and built AirTrunk into pan-Asian business

    AirTrunk founder and CEO Robin Khuda in corporate attire inside an office
  • Tuesday, 3 September, 2024
    Blackstone Group LP
    Blackstone set to acquire Australian data centre business AirTrunk

    World’s largest private equity group bets on growth of artificial intelligence in Asia-Pacific region

    Signage of the Blackstone headquarters in New York with the company name "Blackstone" prominently displayed on a black background.
  • Monday, 2 September, 2024
    UK property
    Rightmove shares surge after Murdoch-backed rival considers bid

    News Corp’s REA says acquisition of UK property listing market leader would be ‘transformational’

    Rightmove logo displayed on both a smartphone screen and a larger screen in the background.
  • Friday, 30 August, 2024
    Australia & New Zealand Banking Group Ltd
    Australian bank weighs ban on office-hours drinking after trader misbehaviour

    ANZ seeks to call time on drunk workers as part of review of culture

    Shayne Elliott, chief executive officer of ANZ Group Holdings Ltd., speaks during a hearing before the House of Representatives economics committee in Canberra, Australia. He is gesturing with his hand while talking into a microphone.
  • Thursday, 29 August, 2024
    Bank bonuses
    Australia’s top banker defends lifting bonus caps

    Chief executive of country’s biggest lender says competition in mortgage market trumps regulators’ concerns

    A man walks past a branch of Australia's Commonwealth Bank in Melbourne on June 4, 2018. The man is holding a phone to his ear, and the bank's sign is prominently displayed behind him.
  • Tuesday, 27 August, 2024
    Australia
    Australia to cut foreign student numbers in migration crackdown

    Universities warn of threat to education sector and ‘soft power’ as Canberra seeks to ease rental prices

    International students from China pose for photos at the University of Sydney
  • Tuesday, 27 August, 2024
    BHP Group Ltd
    BHP warns of ‘uneven recovery’ in China

    Australian miner says steel production has plateaued in world’s second-largest economy

    Mike Henry, chief executive officer of BHP., speaks during the AFR Business Summit in Sydney, Australia, in March 2022. He is wearing a dark suit, white shirt, and blue tie and is looking ahead while speaking. The background is dark with vertical light strips visible.
  • Monday, 19 August, 2024
    Inside BusinessBiosecurity
    What Australia tells us about rising biosecurity risk for companies

    One start-up hopes country can carve out global role in reducing threat of diseases such as bird flu spreading

    Migrating geese
  • Sunday, 18 August, 2024
    Mining
    Plunging iron ore price wipes $100bn off leading miners’ market value

    Declining demand due to Chinese property rout threatens profit squeeze for producers including BHP, Rio Tinto, Vale and Fortescue

    A freight train carrying iron ore travels along a rail track towards Port Hedland, Australia
  • Friday, 16 August, 2024
    Paris Olympics
    Australian breakdancer ‘Raygun’ stirs debate on Olympics selection

    Kangaroo-hopping athlete devastated by criticism over her performance

  • Wednesday, 14 August, 2024
    ASX Ltd
    Australian regulator sues stock exchange over botched blockchain upgrade

    Corporate watchdog says ASX made ‘misleading’ statements about its clearing and settlement system

    A picture of stock information at the ASX
  • Monday, 12 August, 2024
    News in-depthNuclear energy
    Call to end nuclear power ban brings heated reaction in Australia

    Opposition wants to change law and build new plants but critics say focus should remain on renewable energy

  • Sunday, 11 August, 2024
    News in-depthFood & Beverage
    Australia’s wine sector suffers as drinkers shun lower-end brands

    Well-known ‘commercial’ labels sold off as industry endures what some winemakers call its worst-ever crisis

    A hand plucks a bunch of grapes
  • Friday, 9 August, 2024
    Food & Beverage
    Chocolate lovers given taste of inflation as Freddo frog prices jump

    World’s big sweet and candy makers pass on soaring cost of cocoa to consumers

    Chocolate Freddo frogs
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