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Latest news: Business

AI guidance refresh as industry awaits national plan

AI guidance refresh as industry awaits national plan

Industry figures welcome news a national AI plan will be released before the end of the year, saying uncertainty on regulation spooks potential investors.

From gigabits to terabits: fibre to fire up downloads

From gigabits to terabits: fibre to fire up downloads

From gigabits to terabits: fibre to fire up downloads

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.

Supercheap Auto owner moves quickly to name new CEO

Supercheap Auto owner moves quickly to name new CEO

Supercheap Auto owner moves quickly to name new CEO

Supercheap Auto owner moves quickly to name new CEO

Super Retail Group has promoted the leader of its BCF (Boating, Camping, Fishing) chain to lead its overall business after its last CEO was fired.

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Ugly protest scenes spark pleas to ensure city safety

Ugly protest scenes spark pleas to ensure city safety

Tourism operators and businesses are demanding action to ensure locals and out-of-towners are not put off travelling to a major capital.

Bank admits 'mistake' over worker who lost job to AI

Bank admits 'mistake' over worker who lost job to AI

A woman who trained an AI chatbot that took her job has quizzed executives at Australia's biggest bank about how they will stop such a thing happening again.

Wikipedia war of words waged over First Nations names

Wikipedia war of words waged over First Nations names

Decades-old history wars are playing out on the backbone of the internet as Wikipedia editors strive to enhance cultural safety and face other challenges.

Spy agency points finger at common password habits

Spy agency points finger at common password habits

Australians are being warned to adopt better password habits for their personal and business use as the extent and cost of cyber crime is laid bare.

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'Common humanity' integral to justice as AI creeps in

'Common humanity' integral to justice as AI creeps in

'Common humanity' integral to justice as AI creeps in

'Common humanity' integral to justice as AI creeps in

While AI could help address a slow and biased justice system, humans will remain integral to decision-making, a top judge says.

Young Aussie workers fear AI but use it to get ahead

Young Aussie workers fear AI but use it to get ahead

Young Aussie workers fear AI but use it to get ahead

Young Aussie workers fear AI but use it to get ahead

Australia's Generation Z workers are concerned artificial intelligence could shrink their career opportunities but many are still using it.

Parcel-packing electric trikes to roll out by Christmas

Parcel-packing electric trikes to roll out by Christmas

Parcel-packing electric trikes to roll out by Christmas

Parcel-packing electric trikes to roll out by Christmas

Australia's largest electric fleet is expected to grow significantly with the introduction of three-wheeled vehicles capable of carrying more parcels.

'Payday super' popular but could challenge small firms

'Payday super' popular but could challenge small firms

'Payday super' popular but could challenge small firms

'Payday super' popular but could challenge small firms

Legislation to align superannuation with payday has been broadly welcomed despite warnings some firms would face a cashflow crunch and compliance headaches.

Olympic 2032 chiefs throw open billions for business

Olympic 2032 chiefs throw open billions for business

Olympic 2032 chiefs throw open billions for business

Olympic 2032 chiefs throw open billions for business

Brisbane 2032 Olympic Games organisers want the state's firms to hit gold with business opportunities, urging small to medium-sized operators to get involved.

Owners dipping into pockets with business finance tight

Owners dipping into pockets with business finance tight

Owners dipping into pockets with business finance tight

Owners dipping into pockets with business finance tight

Tight lending conditions force proprietors to keep their businesses afloat with personal funds, according to a survey showing optimism for the year ahead.

Telco skips company tax as large businesses step up

Telco skips company tax as large businesses step up

Telco skips company tax as large businesses step up

Telco skips company tax as large businesses step up

The big businesses paying the most and the least tax have been revealed, as a record low number of large companies are found to be avoiding tax.

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BHP cops $5b value hit on talk of China trade blockade

Reports China is halting iron ore shipments from BHP have weighed on the world's biggest miner, but experts say any stoush over prices should be short-lived.

'Scapegoating' Optus blames tech, staff for outages

Optus has blamed technical equipment and human error for two emergency call outages as the prime minister pans the telco for its "unacceptable" failures.

Banned by AI bots: fresh call for social media referee

Artificial intelligence software is incorrectly banning social media accounts but without an ombudsman, many struggle to reclaim their profiles.

'Unacceptable': second triple-zero Optus outage slammed

A second Optus triple-zero outage in as many weeks has raised the ire of a premier as calls mount for the government to empower regulators rather than telcos.

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'Uninvestable': business lobby blasts WFH mandate

An Australian-first move to mandate working from home will make a state "uninvestable", the peak body for the nation's largest employers says.

Myer's troubled robotic warehouse costing it dearly

Myer shareholders won't see a final dividend after its full-year profit took a 30 per cent hit, driven by costly issues with a robotic warehouse.

Face-scanning boundary set after Kmart's privacy breach

Retailers' use of face-scanning is again in the spotlight, with experts questioning if there is any legal way it can be used in Australia.

'Collateral damage': hundreds more mining jobs axed

About 1000 workers will be out of a job after a second major miner revealed cuts, sparking fears communities will pay a heavy price in a royalties dispute.

Coal 'crisis': hundreds of jobs cut, mine mothballed

A mining giant has been labelled "un-Australian" by a state government for cutting hundreds of jobs and mothballing one of its oldest sites.

Aussie businesses are risking data in race to use AI

Small businesses are increasingly adopting artificial intelligence technology but many are exposing their own confidential information in free tools.

Super Retail chief fired over workplace relationship

Anthony Heraghty has been fired "with immediate effect" after he disclosed new information about his relationship with the company's former HR boss.

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