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Latest news: Business

Promise of 'light at end of the tunnel' for inflation

Promise of 'light at end of the tunnel' for inflation

Labor is determined to inject optimism into Australia's gloomy consumers as another interest rate hike appears all but certain.

Nation's 'best bathtub' locked in for Olympic rowers

Nation's 'best bathtub' locked in for Olympic rowers

Nation's 'best bathtub' locked in for Olympic rowers

Nation's 'best bathtub' locked in for Olympic rowers

Concerns about floods, currents and crocs will not stop a state government from sending the world’s best rowers to Australia’s subtropics in 2032.

Electric check-out: Coles opens greener grocery store

Electric check-out: Coles opens greener grocery store

Electric check-out: Coles opens greener grocery store

Electric check-out: Coles opens greener grocery store

It is not just the bags that are green: a Melbourne supermarket will use renewable energy and customised technology to reduce its environmental footprint.

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Caution on copyright changes as Claude comes to town

Caution on copyright changes as Claude comes to town

Pressure is mounting on the federal government to move carefully on any changes to copyright and AI training as another tech giant signs a deal in Australia.

Multimillion-dollar boost to create 'climate unicorns'

Multimillion-dollar boost to create 'climate unicorns'

Artificial intelligence firms might be dominating headlines but a $30 million program aims to put renewable energy start-ups in the funding spotlight.

Labor floats idea to let AI use artists' work for free

Labor floats idea to let AI use artists' work for free

AI companies could have free rein over content without paying creators if they strike deals with enough rights holders, a leaked options paper has revealed.

Whyalla job losses a matter of 'timing', premier says

Whyalla job losses a matter of 'timing', premier says

The closure of the Whyalla blast furnace was inevitable, but the hundreds of job losses it implies were a matter of timing, a premier has claimed.

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'Fundamental problem': new tax tweaks raise tech brows

'Fundamental problem': new tax tweaks raise tech brows

'Fundamental problem': new tax tweaks raise tech brows

'Fundamental problem': new tax tweaks raise tech brows

Adjustments to carve-outs for start-ups and innovators still can't seem to shake the bogeyman of business uncertainty.

Innovation 'reset' yet to lock in post-COVID lockdown

Innovation 'reset' yet to lock in post-COVID lockdown

Innovation 'reset' yet to lock in post-COVID lockdown

Innovation 'reset' yet to lock in post-COVID lockdown

An innovation index compiled from millions of government data points shows business breakthroughs faltered after the pandemic and could still face hiccups.

Four in five businesses still on residential NBN plans

Four in five businesses still on residential NBN plans

Four in five businesses still on residential NBN plans

Four in five businesses still on residential NBN plans

Despite flexible work and artificial intelligence shaking up how companies run, a staggering number of Aussie businesses run networks on home internet plans.

'Traumatic': Qantas plane diverted after mid-air flames

'Traumatic': Qantas plane diverted after mid-air flames

'Traumatic': Qantas plane diverted after mid-air flames

'Traumatic': Qantas plane diverted after mid-air flames

A passenger aboard a diverted Qantas flight has recalled the terrifying moment the plane ran into trouble shortly after take-off.

Funding deadline looms for embattled home developer

Funding deadline looms for embattled home developer

Funding deadline looms for embattled home developer

Funding deadline looms for embattled home developer

Administrators of a major residential developer have given themselves 24 hours to secure a make-or-break cash injection to keep the group afloat.

Short-term carbon credits used for long-term pollution

Short-term carbon credits used for long-term pollution

Short-term carbon credits used for long-term pollution

Short-term carbon credits used for long-term pollution

Australia's carbon credit scheme is working, according to a review, but some of the nation's biggest polluters have become its biggest customers.

Spending slowdown sparks memories of 'retail recession'

Spending slowdown sparks memories of 'retail recession'

Spending slowdown sparks memories of 'retail recession'

Spending slowdown sparks memories of 'retail recession'

Grappling with rising interest rates and declining real wages, retailers are expected to be hit hard by a year of slower consumer spending.

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'Solar coaster': industry fears renewable rebate end

Solar and battery installation firms are booming with the help of government rebates but most fear a crash will hit when the support ends.

More Aussie firms could be captured by emissions scheme

Australian investors are pushing for big changes to Australia's major pollution policy and they could force more companies to reduce pollution.

Big polluters make small cuts under climate scheme

Australia’s biggest polluters have reduced emissions by less than one per cent in two years and an environmental group is calling for reforms.

Contentious work-from-home laws pushed beyond election

A newly-minted premier has delayed the start of work-from-home laws and declared "sensible" changes are in the offing as the Victorian election nears.

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Premier pens deal with ChatGPT developer on US trip

South Australia has inked an agreement with the developer of the world's most popular artificial intelligence chatbot, ChatGPT.

Australia's biggest polluters to face emissions review

Regulations that limit emissions from Australia's biggest polluters will come under scrutiny in a review that could reshape the scheme.

Small businesses under pressure from soaring costs

Key costs for Australian small businesses have climbed by 24.6 per cent since the start of the COVID-19 pandemic, according to research by AMP Bank Go.

‘Done my bit’: Alan Joyce grounded in life after Qantas

The former Qantas boss has no plans to return to corporate leadership after his years at the Flying Kangaroo, as he delivered his message to stood-down workers.

Tech boom driving corporate C-suite expansion

Australian firms are adding a relatively new role to their top executive line-ups as they adapt to one of the biggest technological disruptions in history.

Shoddy bank record-keeping hits savers as scammers lurk

Many Australian banks are flying blind when customers ask them to confirm the details of mortgage offset accounts, leaving thousands of borrowers at risk.

Power struggle: data centre energy rules spark concerns

Future data centre proposals may need to come with renewable energy plans but not all governments or organisations agree with the change.

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