The AI trap: firms buy too much tech, too little talent
More businesses are investing in artificial intelligence to boost productivity but a leading tech firm says they are not all getting investments right.
financial and business service
‘Hello, anyone there?’ Mobile phone complaints spike
Thousands of Australians are reporting trouble with their mobile phone service, with smartphone snags responsible for almost half of all ombudsman complaints.
‘I take accountability’: top advisory firm leader quits
The head of KPMG Australia has resigned after the corporate regulator publicly confirmed in real time it is probing registered company auditors at the firm.
Passport to funds: why one bank is changing ID rules
A major Australian bank will no longer require more than one document to turn you into a customer by tapping into hidden technology.
‘See you in court’: fight looms over work-from-home law
An Australian-first legal right to work from home might not be shielded from a constitutional challenge by the use of anti-discrimination laws.
computing and information technology
consumers
economy, business and finance
finance (general)
financial and business service
internet
quarterly or semiannual financial statement
technology (general)
Aussies ditch copper for fibre to boost download speeds
More Australians are upgrading their broadband connections, choosing faster plans and setting download records, NBN Co has revealed.
breaking_news
crime, law and justice
economy, business and finance
financial and business service
politics
‘I won’t walk away’: embattled Starmer to Westminster
A defiant UK Prime Minister Keir Starmer is digging in, telling colleagues he's "won every fight I've ever been in", amid calls for him to resign.
Watchdog pushes financial literacy to counter AI boom
Artificial intelligence-powered scams featuring fake celebrities are just the tip of the iceberg when it comes to AI risks facing consumers, ASIC warns.
Australia Post rival shuts operations without warning
A Sydney-based delivery firm that promised to undercut Australia Post has abruptly stopped taking bookings, causing alarm for businesses.
Travel agency confesses to overcharging British clients
An Australian corporate travel agency says large clients in the UK have been overcharged going back three years, and an investigation is ongoing.
economy, business and finance
financial and business service
investigation
police
regulatory policy and organisation
Tech giant founder targeted as federal police raid firm
Shares in Australian technology giant WiseTech are in freefall, down 15 per cent in early trading, after revelations of an ASIC-AFP raid.
From gigabits to terabits: fibre to fire up downloads
A fibre optic internet backbone will deliver internet speeds up to six times faster as well as a multi-billion-dollar boost to Australia's economy by 2040.
breaking_news
chemicals
consumer goods
economy, business and finance
financial and business service
manufacturing and engineering
politics
Trump agrees outline trade deal with EU’s von der Leyen
US President Donald Trump and EU Commission chief Ursula von der Leyen have agreed to the framework of a trade deal fixing tariffs at 15 per cent on EU goods.
‘Hubris’: financial giant in hot water over breaches
Macquarie's brokering arm is being taken to court by the financial regulator for allegedly failing to report up to 1.5 billion short sales over 14 years.
Meta’s landmark trial could dismantle huge tech empire
Meta faces a historic antitrust trial which may force it to break off Instagram and WhatsApp, startups it bought that have become social media powerhouses.
Calls mount for RBA to intervene with jumbo rate cut
Markets are betting the Reserve Bank will cut rates by 50 basis points at its next meeting as American tariffs batter the global economy.
Don’t be spooked by sliding super, funds warn members
Australians are being urged not to panic about their retirement incomes after Donald Trump's trade war sent global markets into a tailspin.
Long wait for refunds of ‘gobsmacking’ unlawful fees
Everything from fine payments to marriage certificates have been hit with wrongful merchant surcharges in NSW over eight years.
Fund sent $511k to CFMEU ahead of criminal allegations
APRA dropped an investigation into a super fund that paid over $500,000 to the CFMEU but took action again after reports of the union's alleged criminal links.
economy, business and finance
financial and business service
mass media
politics
technology (general)
telecommunication service
Locked out of your business account? Log in and tell us
Small businesses are fighting with tech giants after being locked out of accounts or waiting for payment and want a reboot on how their complaints are handled.
business (general)
business enterprises
casino and gambling
earnings
economy, business and finance
financial and business service
financially distressed company
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.
APRA fight with CFMEU-linked super fund ‘unreasonable’
Moves by the financial regulator to impose stricter conditions on a super fund connected with the CFMEU will be attacked in the Federal Court.
economy, business and finance
environmental issue
financial and business service
global warming
insurance
Senator, insurer clash over cyclone ‘price-gouging’
A major insurer has been accused of making big profits during natural diasters at an inquiry into the impacts of climate change on the insurance sector.
Insurance prices blowing away cyclone-prone communities
Regional councils at risk from cyclones will reveal the impact of rising insurance costs on their communities at a Senate hearing.
Insurers leaving flood-prone communities high and dry
Regional councils at risk from flooding have revealed the impact of rising insurance costs on their communities at a Senate hearing.
Transurban eyes raising dividend as toll traffic rises
Transurban says it expects to raise its 2024/25 distribution by five per cent, after making $2.6 billion in operating earnings in 2023/24.
Property giant Mirvac warns of ‘challenging’ conditions
Mirvac is investing in build-to-rent apartments and industrial sites as it slashes the value of high-rise offices and warns of ongoing challenging conditions.
Pacific banking bolstered with federal $6 million boost
Banking services in Pacific nations will be strengthened with $6.3 million from the federal government, as Australian financial services are urged to stay.
Family claims $1.4m loan ‘blighted’ 89yo woman’s life
Pepper Money has been sued over an "unjust" $1.4 million home loan which allegedly threw an elderly woman and her family into financial and emotional distress.
Two cryptocurrency companies collapse owing $160m
Two separate Australian cryptocurrency companies have collapsed while federal court proceedings are being pursued against the directors of the businesses.
Bank boss tips living costs to ease, defends big profit
Most customers of Australia's biggest bank are well positioned despite a cost of living crisis, its chief says after the company booked a $10.2 billion profit.