Premier points finger at supermarkets over probe ‘snub’
Coles and Woolworths have been grilled by Queensland Premier Steven Miles after he made a surprise appearance at a supermarket pricing inquiry.
business (general)
Bonza buyer interest claim despite sky-high $110m debt
Bonza's first creditors' meeting has painted a dire financial picture, including debts of more than $110 million for the troubled budget carrier.
Bonza’s planes fly off as customers, workers in lurch
Embattled budget carrier Bonza remains in limbo as its newly appointed administrators finalise plans for a creditors' meeting.
Atlassian releases do-it-yourself chatbots for business
Australian businesses will be offered the chance to design their own generative AI 'agents' in a move the developer says could keep employees away from ChatGPT.
Rivals offer parachute for Bonza staff after collapse
Australia's major airlines have thrown Bonza workers a lifeline after their employer collapsed into voluntary administration.
Coles credits Pokemon with lifting supermarket sales
Coles has recorded a 5.1 per cent rise in supermarket sales over the past three months, a boost it attributed in part to a popular collectibles campaign.
Woolies fined $1.2m for short-changing former workers
Supermarket giant Woolworths has been fined $1.2 million, after being threatened with $10 billion in fines for failing to pay out leave to 1200 former workers.
Hefty fines, tougher code could cut grocery prices: PM
Shoppers could pay less for groceries under plans to impose heavy financial penalties on supermarkets that fail to comply with a code of conduct.
Uber ride-share rival Ola hits the brakes in Australia
Ride-share company Ola will end its operations in Australia after six years, warning customers of the closure in an email.
Home building muted yet rate cuts could spur activity
The pace of home building, as shown by official dwelling approvals data, continues to lag behind strong demand for housing.
Wage and energy bills prompt ‘cost-of-trading crisis’
Soaring wages, energy and insurance bills are hurting Australia's retailers, as the sector's peak body calls for relief to help businesses stay afloat.
Online shopping is forcing down prices by $1100 a year
Greater competition from online shopping is forcing down the price of some goods, research has found, and could have a bigger impact in the future.
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.
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.
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.
Energy retailer fined for tardy payments to customers
An energy retailer has been forced to pay more than $400,000 in penalties for breaching the rules for payments after failing to meet guaranteed service levels.
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.
Star returns to profit, welcomes new Bell inquiry
Star Entertainment Group has posted a $9.1 million first-half profit, but revenue was down 15 per cent as it faced increased competition and weaker spending.
Twiggy backs fossil fuel levy, slams nuclear ‘bulldust’
Business leader Andrew Forrest has called for a levy on fossil fuel producers and labelled nuclear-focused energy policies 'bulldust' during a national address.
Prison terms for bosses, $33m fines over waste cartel
Two top waste firms and their former bosses have been punished for taking part in the "most egregious form of anti-competitive behaviour".
Incoming Qantas chairman can change airline: workers
Qantas' naming of former Telstra boss John Mullen as its next chairman has been welcomed by airline staff, who say he has an open-door approach to workers.
‘We’re not the Soviet Union’: PM on supermarket chains
Australians working for major supermarket chains would lose their jobs if the federal government forced them to break-up, Anthony Albanese says.
business (general)
business enterprises
corporations
environmental issue
environmental politics
environmental pollution
politics (general)
report
Aussie firms fall short of global net zero standards
Large Australian corporations are failing to meet global best practice when it comes to reducing their carbon dioxide emissions, according to a new study.
High-risk AI use could be banned by new task force
Using artificial intelligence technology in risky tasks such as social scoring and biometric identification could be banned in Australia by a new group.
Urgent changes needed to support women in STEM jobs
A new report recommends changes to support more diversity in science, engineering and technology jobs, as the industry fails to embrace change.
Palmer loses appeals in resort, election fraud cases
Queensland's Court of Appeal has dismissed applications by Clive Palmer and his Coolum resort relating to charges before Brisbane Magistrates Court.
Meta reveals plans to launch AI services in Australia
The firm behind Facebook has bold ambitions for artificial intelligence, with Mark Zuckerberg announcing plans to create the world's most popular AI services.
business (general)
computing and information technology
ethics
it/computer sciences
science and technology
software
technology (general)
AI tech predicted to soar amid calls for an Aussie GPT
The use of artificial intelligence technology is expected to skyrocket in 2024 but experts warn of potential risks and the need for an Australian made version.
business (general)
computing and information technology
internet
online
safety of citizens
science and technology
security
security measures
technology (general)
New rules warn of AI data poisoning, attacks and theft
Australia's top cybersecurity agency has issued guidelines for the use of artificial intelligence technology, warning businesses about privacy and data risks.
PM puts supermarket giants on notice over mega profits
Big companies running supermarkets have a responsibility to customers to not price gouge, the prime minister says, as the sector faces a review.
Palmer’s nephew ‘waives’ rights due to Bulgaria exile
A judge has found Clive Palmer's nephew has given up his right to attend his own trial for contempt of court through his decision to move overseas.