Con-woman Caddick victims share ‘small pot’ last cash
Investors conned by fraudster Melissa Caddick will receive a final payment from receivers but those who benefited from a class action settlement will miss out.
investments
Rates revelation: why RBA dissenter voted against hike
The lone Reserve Bank board member who voted against lifting the cash rate in May was less concerned about inflation expectations than the bank's economists.
Aussie tech to tell heavy electric trucks where to go
How far and how fast can a battery-powered prime mover go? One Australian start-up is doing the sums so freight businesses don't have to.
Labor tucks away $77b war chest for further tax cuts
A new $250 a year tax offset gives the government an option to return bracket creep directly to working Australians, Treasurer Jim Chalmers says.
Right tax moves matter more than mandates: treasurer
Expected changes to negative gearing or capital gains tax would not break an election promise because they would be for the right reasons, Jim Chalmers says.
US tech giant claims $25b stake in Australian AI future
The nation's artificial intelligence industry will get a $25 billion-dollar boost, from data centres to workplace training, after a major company's bet big.
Trial could boost Australia’s bid to be battery leader
A multimillion-dollar pilot program will test whether Australia can produce more materials for electric vehicle batteries with less impact on the environment.
Aussie tech behind AI chips and spaceships to come home
An Australian company supporting tech giants such as Intel, BYD and Blue Origin will move its manufacturing back home after a multimillion-dollar boost.
‘Like charging a phone’: $1.5m boost for EV network
More than 400 apartment buildings could get access to electric vehicle chargers as part of a push to remove a speed bump to their adoption.
Next-generation AI could be powered by Aussie chips
High-performance computer chips ready to handle AI tasks of the future could be made in Australia after a multimillion-dollar funding boost.
Electric vehicle batteries could spark recycling market
An Australian company will create a recycling plant for the batteries used in households and electric cars after a multimillion-dollar investment.
Peter Dutton lands LNP-appointed investment gig
Former opposition leader Peter Dutton has been appointed to a new role to bolster mining and defence investment in his home state.
Aussies to build GPS alternative for self-driving cars
Cars, rockets and mining vehicles could drive themselves even when the global positioning system goes dark if a Sydney company succeeds in its mission.
Australia’s quantum leap: $20m boost for homegrown firm
Quantum technology that promises to outsmart artificial intelligence could be made in Australia after an investment in a Sydney company.
No seats, no dramas: $30m boost for self-driving cars
A Melbourne company creating vehicles with no seats, no doors and no steering wheel has secured an investment to boost its manufacturing.
Super giants tapped to compensate for self-managed duds
The federal government will force retail and industry super funds to help compensate people who lose their retirement nest eggs to failed private schemes.
Tax reform call as data centre boom plugs in investment
A jump in forecast business investment in the midyear budget update will be unveiled by the treasurer, which bodes well for Australia's productivity growth.
Australia risks missing net zero without China’s aid
China has emerged as the world's biggest spender on clean energy technology and its lack of investments in Australia could be cause for concern.
Invest or lose: Australia’s billion-dollar AI warning
Australia could squander billions of dollars in growth over the next decade if it fails to invest in homegrown artificial intelligence technology and talent.
‘For the birds’: doubt ageing coal plants can go longer
Coal stations are reaching their end of-life and need to be retired, the Climate Change Authority chair says, regardless of moves to keep them running longer.
Treasurer defends $4b hit from super tax backdown
An overhaul of a signature Labor tax plan will cost the budget billions, but the treasurer says it shouldn't be seen in isolation.
‘Wall of liquidity’ may boost shares even further
Pinnacle Investment Management's chief investment strategist says interest rate cuts and strong economic fundamentals are strong tailwinds for equities.
Super fund giant open to performance test tweaks
A superannuation giant with millions of Australian members is calling for law changes to enable people to move more easily between work and retirement.
West is best economically as eastern states left behind
Western Australia remains the top economic performer in CommSec's State of the States rankings, but its "breakneck" growth is starting to lose momentum.
PM’s China stance hailed by Taiwan despite criticisms
The prime minister used a six-day trip to China to signal a willingness to boost Australia's trading ties while balancing concerns over Beijing's aggression.
Beyond carbon: big four banks urged to capture more gas
It is a potent greenhouse gas responsible for climate change, but a report has found Australia's major banks have yet to single out methane emissions.
Green tick: Australian net-zero projects to be rated
Environmental projects will be analysed and rated in Australia in a move experts say could prevent greenwashing and encourage international investments.
Market turmoil could stoke inflation: Future Fund
The Future Fund has outperformed the broader market and its own target but its managers warn market uncertainty could lift bond yields and reignite inflation.
Ukraine minerals deal is a signal to Russia: Bessent
The US and Ukraine have struck a minerals and investment deal after President Donald Trump pressed Kyiv to pay back Washington for helping it repel Russia.
Super failings laid bare after ‘deep grief, suffering’
The peak body for super funds has apologised after a financial watchdog report revealed delays were rife in paying out death benefits to bereaved families.
Australia at the ‘bottom of the class’ on research
Australian businesses and governments are investing too little in vital research projects, a discussion paper has revealed.