Big bite on spending swallows up hospitality businesses
A record-high 9.4 per cent of food service and hospitality businesses shut their doors in the year to March as cost pressures weighed heavily on households.
business enterprises
Workers win big as US giant grants Star casino’s wish
An international gaming giant has ventured across the world to save the flailing Star casinos after the company came close to entering administration.
Key sectors most vulnerable to hacking in AI arms race
Artificial intelligence is being used to craft more dangerous cyber attacks, putting some of Australia's most critical industry sectors at greatest risk.
Star’s chips down as $940m debt deal comes off table
Embattled casino giant Star Entertainment is back on the brink of collapse after a refinancing deal fell through, but talks with a US casino giant continue.
Cross-party nod for probe into ‘rogue’ childcare firms
Shocking claims of rampant child mistreatment in privately operated centres have triggered a government-backed inquiry into the early education sector.
Another retailer goes out of fashion, 600 jobs at risk
Retail chain Jeanswest has collapsed after more than five decades in business, threatening hundreds of jobs with more than 90 stores likely to close.
Most workers feel overwhelmed by AI but bosses want it
Four out of every five Aussie workers are overwhelmed by changes at work but most executives want to use artificial intelligence to create bigger transitions.
Foreign buyers circle Star flagship casino precinct
Star Entertainment has confirmed it's in talks to sell its stake in one of Australia's largest entertainment precincts, amid continued financial woes.
Arson? Forty Winks mattress store goes up in smoke
An early morning blaze at a mattress store has been brought under control as police and arson detectives begin investigating the suspicious fire.
Call to boost Aussie research funds as review launches
A study of Australian research investments has been welcomed by business, academic and technology groups, but some say more urgent action is needed.
Indian billionaire Adani charged over bribery scheme
The US has indicted Indian tycoon Gautam Adani on charges he duped investors in a major solar project in India by hiding its links to an alleged bribery scheme.
‘Incredible attrition’: dire warning for small business
Small business owners are suffering from higher levels of depression and anxiety as high costs and regulatory roadblocks spark warnings of a mass exodus.
New pizza boss tasked with bringing in more dough
A former pizza delivery driver who grew Domino's into a billion-dollar multinational company with the lot is leaving after more than two decades at the helm.
Deepfake images harming Aussie kids and businesses
Australia is being warned to bring in urgent laws and education to tackle AI-generated deepfake images that put companies and children at risk.
Qantas braces against carbon neutral greenwash claim
Australia's biggest airline has been referred to the consumer watchdog amid accusations it is misleading passengers about its green credentials.
Users still frustrated despite falling telco complaints
Telcos still have work to do to improve customer service with delays in fixing problems and service fees among the top complaints, the industry watchdog says.
Aussie companies should not be shy but careful about AI
Businesses need to monitor for bias, copyright infractions and ethical issues when using AI, a group has warned, but should not ignore the technology.
‘Kill switch’ considered to tackle high-risk AI
Artificial intelligence has been met with both concern and hype but government guidelines could help regulate its use in high-risk situations.
Fight to save jobs as The Star’s casino empire teeters
Star Entertainment's financial woes have fuelled concerns for the future of thousands of casino jobs.
Fortescue slams ‘cynical distraction’ in IP-theft case
Directors sued for allegedly using Fortescue secrets in their own startup filed a "monumental waste of time" to avoid defending the lawsuit, a judge has heard.
Blocked goldminer ‘shattered’ by rising sovereign risk
Regis Resources will fight a federal block on a $1 billion gold project it says has cost almost 1000 jobs and sours Australia's reputation as a place to invest.
Airfare spike fears after Rex’s flight from capitals
With no Australian airline route featuring more than two companies, the competition watchdog says prices could spike with the exit of cash-strapped Rex.
Australia’s Silicon Valley wins over cashed-up firms
Big-name firms including Afterpay and Cash App are moving into a precinct designated as a hub for Australian technology innovation.
Rex sale on track, despite managers’ call for more time
The administrators of cash-strapped carrier Rex have asked the Federal Court for an extension of time even though they hope to have a buyer in the coming month.
Execs raided in Fortescue’s ‘industrial-scale debacle’
Fortescue is accused of falsely painting two scientists as "nefarious" to get court approval to raid their homes after allegedly stealing confidential secrets.
Buyers hover as administrators plot course to save Rex
Embattled Rex has received significant interest from potential buyers, administrators say, as the regional carrier battles to stay in the air.
Rex financial woes in spotlight as employees face cuts
Embattled regional airline Rex will hold its first creditors' meeting as the cash-strapped carrier plots its way out of financial disaster.
Star casinos shut pokies after major technology glitch
The blows keep coming for the embattled Star Entertainment Group, which has been forced to switch off thousands of poker machines after a technology failure.
business (general)
business enterprises
computing and information technology
economy (general)
it/computer sciences
research
science and technology
technology (general)
Wanted: 200,000 Aussies to design, deploy and sell AI
Artificial intelligence technology will create 200,000 jobs in Australia by the end of the decade, a report has found, amid calls for greater training.
breaking_news
business (general)
business enterprises
consumers
internet
it/computer sciences
mass media
media
online
technology (general)
Telstra, Optus end Google deals after watchdog warning
Internet behemoth Google paid Australia's top two telcos to be the default search engine on Android phones for seven years, the competition watchdog has found.
Watchdog warning ends Google deal with Telstra, Optus
Telstra and Optus have agreed to stop accepting payments from Google under deals to pre-install the tech giant's search software as default on their phones.