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.
business (general)
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.
NAB chair defends bank’s climate pledges at fiery talks
Shareholders have grilled NAB's chairman over the banking giant's commitment to climate change at a heated annual general meeting.
Hats off to the Forrests as they snap up Akubra
Australian businessman Andrew Forrest and his wife Nicola have added handmade hat brand Akubra to the brands within their private investment group Tattarang.
auto trends
business (general)
environmental issue
environmental pollution
renewable energy
road transport
transport
Businesses still in the slow lane for electric vehicles
Almost one in three businesses have yet to add an electric car to their fleet and half say they will not make a full move until after 2030, a new study finds.
Hopes monthly fee will sell business on electric fleets
Plans to offer charging stations for a monthly fee and without installation costs is hoped to put thousands more electric vehicles on Australian roads.
Watchdog puts a roadblock on Transurban bid for rival
The competition watchdog has put the brakes on a move by private toll operator Transurban to take a majority share in the company that operates EastLink.
Aboriginal heritage on the agenda at mining conference
As the Aboriginal Enterprises in Mining, Energy and Exploration conference gets under way in Cairns, looking after heritage is high on the agenda.
Aussie investors to lobby for gender balance by 2030
Investors want to see more women in leadership roles and more gender diversity issues addressed by the companies they back, according to a survey.
Qantas soars to $2.5b profit, plans share buyback
Qantas has posted its first full-year profit after incurring $7 billion in losses during the pandemic, and has ordered two dozen new Boeing and Airbus aircraft.
Palmer funded action against Telstra over COVID vaccine
Legal action against Telstra over its COVID-19 vaccination policy for employees has been discontinued, with documents showing it was funded by Clive Palmer.