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Latest news: Business

Aussie investors to lobby for gender balance by 2030

Aussie investors to lobby for gender balance by 2030

Investors want to see more women in leadership roles and more gender diversity issues addressed by the companies they back, according to a survey.

Third executive heads for the door at Fortescue Metals

Third executive heads for the door at Fortescue Metals

Third executive heads for the door at Fortescue Metals

Third executive heads for the door at Fortescue Metals

A former RBA deputy governor has become the third exec to quit mining giant Fortescue in the space of a week but says it's unrelated to the other departures.

BlueScope fined record $57m for cartel conduct: ACCC

BlueScope fined record $57m for cartel conduct: ACCC

BlueScope fined record $57m for cartel conduct: ACCC

BlueScope fined record $57m for cartel conduct: ACCC

Steel manufacturing giant BlueScope has been fined a record $57 million for attempting to manipulate prices through what is known as cartel conduct.

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Labor scraps overblown business register project

Labor scraps overblown business register project

An overhaul of the government business register will not go ahead following evidence it will run massively over budget.

Global meeting of minds in Sydney for nature summit

Global meeting of minds in Sydney for nature summit

Sydney will host a global nature summit, offering business, science and political leaders a chance to put their heads together to supercharge funding.

Qantas soars to $2.5b profit, plans share buyback

Qantas soars to $2.5b profit, plans share buyback

Qantas has posted its first full-year profit after incurring $7 billion in losses during the pandemic, and has ordered two dozen new Boeing and Airbus aircraft.

Blueprint revealed to turbocharge productivity, wealth

Blueprint revealed to turbocharge productivity, wealth

A package of reforms that could leave every Australian $7000 better off each year after a decade has been unveiled by a leading business group.

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Palmer funded action against Telstra over COVID vaccine

Palmer funded action against Telstra over COVID vaccine

Palmer funded action against Telstra over COVID vaccine

Palmer funded action against Telstra over COVID vaccine

Legal action against Telstra over its COVID-19 vaccination policy for employees has been discontinued, with documents showing it was funded by Clive Palmer.

Funeral home owner agrees to $1.8b revised takeover bid

Funeral home owner agrees to $1.8b revised takeover bid

Funeral home owner agrees to $1.8b revised takeover bid

Funeral home owner agrees to $1.8b revised takeover bid

An ASX200 company that operates nearly 300 funeral homes in three countries has agreed to be taken over by a US-based private equity firm.

Big business group warns of 'anti-productivity' reforms

Big business group warns of 'anti-productivity' reforms

Big business group warns of 'anti-productivity' reforms

Big business group warns of 'anti-productivity' reforms

Business groups are sharpening their attack on the government's workplace reforms, with the Ai Group concerned the changes will hamper productivity.

Woolworths accused of underpaying staff $1m in leave

Woolworths accused of underpaying staff $1m in leave

Woolworths accused of underpaying staff $1m in leave

Woolworths accused of underpaying staff $1m in leave

Woolworths underpaid more than $1 million in long service leave to 1235 former employees, Victoria's wage watchdog says.

Family and domestic violence leave now for all workers

Family and domestic violence leave now for all workers

Family and domestic violence leave now for all workers

Family and domestic violence leave now for all workers

New workplace changes mean employees of small businesses will be entitled to 10 days of paid family and domestic violence leave.

Why electric trucks are driving closer to price parity

Why electric trucks are driving closer to price parity

Why electric trucks are driving closer to price parity

Why electric trucks are driving closer to price parity

Eco-friendly delivery trucks could cost no more than diesel models by 2030, analysis has found, but policies are need for some of the biggest electric trucks.

Crown switches focus to problem gambling prevention

Crown switches focus to problem gambling prevention

Crown switches focus to problem gambling prevention

Crown switches focus to problem gambling prevention

Crown says it is shifting its focus away from targeting problem gamblers and broadening its agenda to preventing gambling harm.

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Funding gap means growing pains for Australian unicorns

Australian technology startups are challenging Silicon Valley ventures for investment but need changes to education and funding to take on big firms.

Stage fright as new listings plummet to crisis-era lows

The slowest period of new ASX listings in more than a decade has been blamed on high interest rates, pessimism about the global economy and pandemic strains.

Electric vehicle demand revs up as companies eye future

One in every two Australian businesses is likely to start electrifying vehicle fleets in the next two years and some are already stocking up on the cars.

Employees with disability tiny fraction of senior staff

Australia has one of the lowest employment rates for people with disability in the OECD and the Business Council believes the untapped talent is an opportunity.

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Business as usual for rich-list Forrests after split

One of Australia’s richest couples, Andrew and Nicola Forrest, have separated, but they will continue working together on their various business interests.

Vulnerable universities like a 'frog slowly boiling'

Australians are worried universities are putting profit before education, with the tertiary union hitting out at "aggressive corporatisation" and cuts.

Vaccine 'game changer' to use needle-free skin patches

A Queensland biotech firm will lead efforts to create a needle-free skin patch allowing people in remote areas to be vaccinated without medical staff.

Jenny Craig to cease trading, employees made redundant

Administrators have been unable to find a buyer for Jenny Craig's physical stores and employees of the Australian and New Zealand business.

Mortgage holder pain reaches new heights as rates rise

The Australian economy appears to be weathering the interest rate cycle better than most had expected but mortgage holders are starting to crack.

AI use not the 'Wild West', company executives warned

Most Australian organisations have embraced artificial intelligence but are ignorant of laws restricting how those technologies are used.

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