KFC franchisee takes hit as costs eat into profit
KFC and Taco Bell franchisee Collins Foods says its underlying profit was down by nearly a quarter in the first half.
economy, business and finance
Economy yet to shake malaise as growth misses forecasts
The Australian economy is growing slowly with government support, with energy rebates effectively transferring household spending to the public purse.
US summons for India’s Adani, nephew on bribery claims
A summons has been issued for the head of the Adani Group, Indian billionaire Gautam Adani, and his nephew Sagar Adani over US bribery allegations.
Aged care revamp to shake up Australians’ golden years
Older Australians will be able to live at home for longer and receive better protections in aged care after a sector overhaul passed parliament.
Development halted causing ‘distress, financial strain’
A major development has been paused after a local council raised significant concerns about the distress and financial strain placed on buyers.
‘Surprise’ budget windfalls drying up, economists warn
Australia's budget fortunes are shifting, with Deloitte Access Economics predicting a deeper deficit than predicted in the May budget.
New routes to secure internet for Australia, Pacific
New cables will entrench Australia's role as a state-of-the-art connection point for large volumes of data in a global digital ecosystem, project partners say.
‘Better deal’ for suppliers as supermarkets face fines
Supermarkets face fines of up to $10 million if caught breaching a grocery code of conduct that will become mandatory.
Christmas rate cut hopes slayed as inflation holds firm
Energy rebates have lowered Australia's headline inflation rate, but the Reserve Bank remains focused on underlying price pressures.
Fresh hope for those wanting to buy own home sweet home
Australians locked out of the housing market will soon have a viable option to buy their own piece of paradise with a significantly smaller deposit.
Casino operator counts the cost of going cashless
The leaders charged with turning around the fortunes of troubled casino operator Star have given shareholders a frank assessment of the difficulties ahead.
Top bank chief reveals why rates are still on hold
Australia's top central banker reveals why she still hasn't pulled the trigger on interest rate cuts despite similar countries already taking action.
Price-conscious Aussies spend up on record Black Friday
The cost-of-living crisis is driving more and more people towards sales, delivering retailers a bonanza on the increasingly popular Black Friday.
Virgin gets first clearance to take flight with Qatar
Virgin and Qatar airlines can begin planning new flights between Australia and Doha together, with a final decision on their partnership due within months.
Hint of consumer recovery to keep RBA focused on prices
Australia's retail sales enjoyed a boost from an early start to Black Friday discounting and recovering bank balances following tax cuts.
Call for super funds to pump gas giants for change
An analysis of the way some of the biggest superannuation funds vote at shareholder meetings suggests they're backing down over the expansion of oil and gas.
Coalition vows to overturn extra Future Fund priorities
Adding clean energy and housing as supplementary investment priorities for Australia's sovereign wealth fund has drawn sharp rebuke from the opposition.
Workers warn of bare shelves, Woolworths says no risk
As 1500 warehouse workers walked off the job in a fight for better pay and conditions, their union warned the shelves at Woolworths could empty as a result.
Review clears billionaire tech founder of misconduct
Wisetech Global says a review has found that all of Richard White's personal workplace relationships were disclosed and there's no evidence of bullying.
Coles holds 17 sites with no DAs, denies land-banking
Grocery giant Coles has held one site for 16 years without building a supermarket, but the firm has rejected allegations of anti-competitive land-banking.
Billions to be spent on Black Friday, Cyber Monday
Even Santa Claus couldn't stay away from Black Friday and Cyber Monday sales, with Australians expected to splurge a record $6.7 billion.
Aussie farmers and businesses look for trade certainty
World leaders are working to shore up economic ties and push for open global trade against the prospect of a disruptive Trump presidency due to flagged tariffs.
‘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.
Coles denies unhappy suppliers cop ‘holiday’ check outs
Supermarket giant Coles rejects punishing fresh produce suppliers who disagree on pricing, as the company is grilled at an inquiry into the sector.
COP29 clinches $US300 billion climate compromise deal
Countries have clinched a deal to inject $US300 billion annually to combat climate change and help poor nations cope with the impact of global warming.
G20 leaders urged to take youth voices seriously
As a major economic summit gets underway in Brazil, a young Indigenous man from Darwin hopes the voices of young people will be heard by world leaders.
Woolies denies gouging suppliers in skewed relationship
Representatives from supermarket powerhouse Woolworths deny its huge market share is costing suppliers an opportunity to negotiate when selling products.
Pay gap narrows but leadership roles a drag on progress
Naming and shaming company gender pay gaps appears to be working, with a flurry of employers commissioning probes into the issue and taking action.
‘A sliver’: don’t expect oversized budget windfalls
Falling iron ore prices and a weaker labour market will weigh on this year's revenue upgrades, the federal treasurer says.
Trump picks Lutnick to lead US commerce department
US president-elect Donald Trump has chosen cryptocurrency enthusiast Howard Lutnick as his nominee for commerce secretary.
Coles denies supplier gouge through own-brand products
Supermarket heavyweight Coles has developed a wide range of subtly-branded products it owns, denying there is any transparency issue for customers.