Tabcorp CEO resigns after alleged offensive comment
Tabcorp chief Adam Rytenskild says he doesn't remember making the alleged comment but is stepping down immediately.
Economy, Business and Finance
Significant failures in youth detention system: report
Queensland's youth detention system is failing with more children behind bars than in the rest of the country, the Child Death Review Board has found.
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Electric vehicles double amid calls for faster progress
Almost 100,000 new electric cars hit Australian roads last year but a new report is calling for faster adoption to meet climate targets.
Amazon plans to recruit ‘a handful’ of small businesses
US retail giant Amazon has revealed plans to expand its delivery network in Sydney, Melbourne and Brisbane using local small businesses.
Myer names ex-Qantas exec Olivia Wirth as its next CEO
The former chief executive of Qantas Loyalty will become the next Myer chief executive when current CEO John King retires in June.
PM denies ‘favourites’ in under-fire GST carve-up
A GST carve-up system lambasted by a state treasurer as "absurd" does not play favourites despite repeat claims of unfairness, the prime minister insists.
Full steam ahead, again, for Palmer’s Titanic dream
Clive Palmer's pipe dream to sail a replica Titanic from the UK to the US is no longer on ice, according to the mercurial mining magnate.
‘No care factor’ as banks abandon remote communities
Business owners are having to fly with bags of cash to city banks after a remote branch closed its doors, amid reports of robberies, scams and elder abuse.
No budget ‘cash splash’ as inflation still main game
Treasurer Jim Chalmers has managed expectations for cost of living relief ahead of the May budget and played down the possibility of a sizeable second surplus.
Tariffs, human rights on agenda for Chinese visit
Foreign Minister Penny Wong will host Chinese counterpart Wang Yi as Beijing prepares to remove trade impediments against Australian wine.
Hundreds of jobs axed with PwC to ‘simplify’ business
Big Four consultant PwC has made hundreds of jobs redundant and accelerated the retirements of more than 30 partners in an effort to streamline its structures.
House prices surge in years since pandemic
House prices have risen by more than 30 per cent across Australia in the four years since the outbreak of COVID-19, a report has revealed.
Investment expert warns prices ‘rollercoaster’ possible
Unwinding pandemic effects will cause inflation to fall quickly, a key investment strategist expects, before supply shocks keep it higher over the long term.
Chinese ambassador says wine tariff review on track
The Chinese ambassador and the Australian trade minister are both hopeful a Chinese review into tariffs on Australian wine is moving in the right direction.
Aust shares plunge 1.8 pct in worst loss in a year
Every sector has lost ground in broad-based selling ahead of another important US inflation readout seen as key in determining the speed of rate cuts.
WA ranked first, Vic last on economic performance: IPA
A new report has ranked states on their performance across 10 economic indicators, crowning WA as the nation's best performer while Victoria came last.
WA cut off as dangerous floods inundate roads, rail
Flooding caused by heavy rainfall and thunderstorms has closed the main road and rail routes connecting Western Australia to the rest of the country.
Coles faces competitive pressure from online retailers
The head of one of Australia's two big supermarkets says the sector is becoming increasingly competitive and online retailers are part of the story.
Climate assessment details grim risks for Australia
Australia's first climate risk assessment is grim reading and outlines the threats people could face if the nation fails to prepare well for what's ahead.
Unpaid invoices surge as small business owners struggle
Businesses are feeling the crunch from cost of living pressures as new data shows payment defaults from business-to-business transactions are at record highs.
Businesses to save as government scraps tariffs
Hundreds of nuisance tariffs on everyday items like tools, clothing, dishwashers and more will be scrapped in a move that will save businesses millions.
Australian Bitcoin buffs say ‘bull run’ just beginning
Australian cryptocurrency enthusiasts are confident "it's a brand new world" after Bitcoin hit the highest price in its 15-year history.
Labor open to ‘sensible’ changes to fuel standards
The Albanese government will consider "good faith" suggestions for its proposed fuel efficiency standards, according to Energy Minister Chris Bowen.
People First Bank kicks along membership, deposits
Australia's largest customer-owned bank has reported a $31 million profit in the first half, down slightly from the same time a year ago.
Heavy electric trucks cleared to drive in another state
Queensland is the latest state to allow electric trucks on some roads in a change that will pave the way for the low-emission vehicles to be made locally.
Fears for koala habitat after coal mine assessed
Environmentalists are disappointed the federal environment minister has referred a central Queensland coal mine for assessment instead of rejecting it.
Mining magnate Gutnick banned from managing businesses
Former Melbourne Demons president "Diamond" Joe Gutnick has been disqualified from managing corporations for his involvement in three failed companies.
Australian shares rally to reach another all-time high
The ASX200 rose 1.1 per cent to finish above 7,800 for the first time after more talk of rate cuts as soon as June in the US and Europe.
Rolling in cash – Katter and Wilkie don CashPig Costumes to get stuck in to Grocery Giants
Wednesday last we saw two barnyard animals enter parliament house, but this was no petting zoo. Rather, independent MPs Bob Katter and Andrew Wilkie donning inflatable pig costumes
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Second electric vehicle brand slams automotive body
Another electric car maker has resigned from Australia's peak automotive industry group amid accusations it "cherry-picked" data to mislead consumers.
Ten years on, Australia reflects on MH370 disappearance
Questions about what happened to Malaysia Airlines flight MH370, which disappeared over the southern Indian Ocean 10 years ago, remain unanswered.