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Latest news: Business Enterprises

Dawn of a new era as fund returns to Aboriginal control

Dawn of a new era as fund returns to Aboriginal control

More than half a billion dollars in mining royalties from First Nations land has returned to Aboriginal control in a new fund to drive wealth and wellbeing.

Rex sale on track, despite managers' call for more time

Rex sale on track, despite managers' call for more time

Rex sale on track, despite managers' call for more time

Rex sale on track, despite managers' call for more time

The administrators of cash-strapped carrier Rex have asked the Federal Court for an extension of time even though they hope to have a buyer in the coming month.

Australia's Silicon Valley wins over cashed-up firms

Australia's Silicon Valley wins over cashed-up firms

Australia's Silicon Valley wins over cashed-up firms

Australia's Silicon Valley wins over cashed-up firms

Big-name firms including Afterpay and Cash App are moving into a precinct designated as a hub for Australian technology innovation.

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Blocked goldminer 'shattered' by rising sovereign risk

Blocked goldminer 'shattered' by rising sovereign risk

Regis Resources will fight a federal block on a $1 billion gold project it says has cost almost 1000 jobs and sours Australia's reputation as a place to invest.

Airfare spike fears after Rex's flight from capitals

Airfare spike fears after Rex's flight from capitals

With no Australian airline route featuring more than two companies, the competition watchdog says prices could spike with the exit of cash-strapped Rex.

Fortescue slams 'cynical distraction' in IP-theft case

Fortescue slams 'cynical distraction' in IP-theft case

Directors sued for allegedly using Fortescue secrets in their own startup filed a "monumental waste of time" to avoid defending the lawsuit, a judge has heard.

Execs raided in Fortescue's 'industrial-scale debacle'

Execs raided in Fortescue's 'industrial-scale debacle'

Fortescue is accused of falsely painting two scientists as "nefarious" to get court approval to raid their homes after allegedly stealing confidential secrets.

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'Too many cooks': NSW avoids Rex bailout discussions

'Too many cooks': NSW avoids Rex bailout discussions

'Too many cooks': NSW avoids Rex bailout discussions

'Too many cooks': NSW avoids Rex bailout discussions

As embattled regional airline Rex works on a bailout package with the federal government, its home state is not getting involved in the financial talks.

Asset sale launched as administrators try to save Rex

Asset sale launched as administrators try to save Rex

Asset sale launched as administrators try to save Rex

Asset sale launched as administrators try to save Rex

An asset sale program has been launched at troubled regional airline Rex in a desperate bid to keen the heavily indebted carrier flying .

Buyers hover as administrators plot course to save Rex

Buyers hover as administrators plot course to save Rex

Buyers hover as administrators plot course to save Rex

Buyers hover as administrators plot course to save Rex

Embattled Rex has received significant interest from potential buyers, administrators say, as the regional carrier battles to stay in the air.

'Bad faith': Fortescue spars with rival over spying

'Bad faith': Fortescue spars with rival over spying

'Bad faith': Fortescue spars with rival over spying

'Bad faith': Fortescue spars with rival over spying

Fortescue has vehemently rejected claims it had "unclean hands" after surveilling former employees accused of stealing confidential green iron trade secrets.

Secure fined $10m for selling filled car park spaces

Secure fined $10m for selling filled car park spaces

Secure fined $10m for selling filled car park spaces

Secure fined $10m for selling filled car park spaces

A $10.9 million ticket has been printed for Secure Parking after it sold "guaranteed" car spaces that might have already been taken.

Firm digs in for fight over 'Fortescue secrets' theft

Firm digs in for fight over 'Fortescue secrets' theft

Firm digs in for fight over 'Fortescue secrets' theft

Firm digs in for fight over 'Fortescue secrets' theft

A firm accused of stealing Fortescue's trade secrets is challenging an "unduly extensive" order for the seizure of items from its premises and directors' homes.

Star casinos shut pokies after major technology glitch

Star casinos shut pokies after major technology glitch

Star casinos shut pokies after major technology glitch

Star casinos shut pokies after major technology glitch

The blows keep coming for the embattled Star Entertainment Group, which has been forced to switch off thousands of poker machines after a technology failure.

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Watchdog warning ends Google deal with Telstra, Optus

Telstra and Optus have agreed to stop accepting payments from Google under deals to pre-install the tech giant's search software as default on their phones.

Wanted: 200,000 Aussies to design, deploy and sell AI

Artificial intelligence technology will create 200,000 jobs in Australia by the end of the decade, a report has found, amid calls for greater training.

Many meetings could be emails: survey finds work waste

Many work meetings are wasting workers' time, according to a global study by Atlassian, and companies are too slow to use AI tools despite their benefits.

Australian workers lead AI race but do not trust it

More office workers are testing artificial intelligence technology in Australia than in many other nations, a survey has found, but most do not trust it.

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More electric trucks to hit roads after $30m recharge

Battery-powered heavy trucks, courier vans and refrigerated delivery vehicles will be added to logistic fleets as part of a $30 million government investment.

Medibank could face $21.5 trillion fine over data theft

The Australian Information Commissioner will take Medibank to court over a 2022 data breach, seeking penalties that could reach into the trillions of dollars.

Auto industry prepares for a charge of electric fleets

Fleet firms and charging networks are preparing for a surge in electric car investments after Australia's fuel-efficiency standard begins.

Telstra urged to dial back 'appalling' mass job cuts

Telco giant Telstra will axe up to nine per cent of its workers, chasing $350 million in cost savings as it focuses on better-performing parts of its business.

Worker wins legal fight in engineered stone safety fail

A stone supplier has copped the first fine of its kind after exposing a worker to silica dust and the risk of serious illness over almost seven years.

Bonza cancels more flights as fleet poised to soar away

A creditors' meeting for cash-strapped airline Bonza is due to be held within days after its administrators applied to a court.

Recycling idea gave Indigenous communities plastic hope

A recycling system for plastics recovered from waterways that offered Indigenous rangers jobs cleaning up country over-promised and under-delivered.

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