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Latest news: Business

Gina Rinehart paid for Pauline Hanson's Europe flights

Gina Rinehart paid for Pauline Hanson's Europe flights

Pauline Hanson's flights from London to Sicily during a recent European trip, and tickets to a luxury fashion show, were paid for by mining boss Gina Rinehart.

Hard sell for retail giant as consumers tighten belts

Hard sell for retail giant as consumers tighten belts

Hard sell for retail giant as consumers tighten belts

Hard sell for retail giant as consumers tighten belts

Households are clamping down on spending even more as financial uncertainty deepens, hitting sales at a leading Australian retailer.

EU slaps $1.4b fine on Google over app store and search

EU slaps $1.4b fine on Google over app store and search

EU slaps $1.4b fine on Google over app store and search

EU slaps $1.4b fine on Google over app store and search

Google has been fined by the European Union for breaking digital antitrust regulations, copping a $1.4 billion penalty over its Play app store and search.

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AI giant opens Aussie hub to find 'what's coming next'

AI giant opens Aussie hub to find 'what's coming next'

Bushfires, floods and cybersecurity risks will be among the issues probed at an Australian innovation hub opened by a global data centre firm.

'Win-win': quick fix to stamp out AI-fuelled loan fraud

'Win-win': quick fix to stamp out AI-fuelled loan fraud

Allowing the tax office to share lenders' financial information with banks could help counter a surge in loan fraud fuelled by artificial intelligence.

Energy red tape could 'stall AI data centre boom'

Energy red tape could 'stall AI data centre boom'

Australia can rekindle the strong productivity growth of previous decades if it speeds up the adoption of AI, tech giant Anthropic says.

'Left behind': regions at risk on rush for AI uptake

'Left behind': regions at risk on rush for AI uptake

The prime minister's announcement of a national AI framework is welcome and long overdue and yet suffering from a glaring omission, an AI educator warns.

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Calls grow for urgent rules to curb AI data centre rush

Calls grow for urgent rules to curb AI data centre rush

Calls grow for urgent rules to curb AI data centre rush

Calls grow for urgent rules to curb AI data centre rush

Delays bringing in new standards for data centres risk leaving a window for big tech companies to avoid stricter environmental regulations, advocates warn.

Small business owners urged to act early on tax debt

Small business owners urged to act early on tax debt

Small business owners urged to act early on tax debt

Small business owners urged to act early on tax debt

Conditions appear tougher than ever for small owner-operators, with a two-speed economy emerging and smaller players being forced into tough decisions.

Supermarket giant fights watchdog on mining store block

Supermarket giant fights watchdog on mining store block

Supermarket giant fights watchdog on mining store block

Supermarket giant fights watchdog on mining store block

A major supermarket has launched a legal challenge to a landmark competition ruling blocking it from opening a second supermarket in a mining centre.

Burnt, buried, dumped: call to mandate tyre recycling

Burnt, buried, dumped: call to mandate tyre recycling

Burnt, buried, dumped: call to mandate tyre recycling

Burnt, buried, dumped: call to mandate tyre recycling

Old tyres were being burnt to make cheap fuel and buried on mining sites rather than recycled, an inquiry has been told, creating a missed opportunity.

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

Electric trucks to clean up soap, detergent deliveries

Electric trucks to clean up soap, detergent deliveries

Electric trucks to clean up soap, detergent deliveries

Electric trucks to clean up soap, detergent deliveries

An electric prime mover will go into service on roads in one Australian capital, with the cleaner transport delivering cleaning products for a major brand.

AI on the sly: more Aussies are using chatbots for work

AI on the sly: more Aussies are using chatbots for work

AI on the sly: more Aussies are using chatbots for work

AI on the sly: more Aussies are using chatbots for work

Australian employees are turning to artificial intelligence tools to get ahead at work without the knowledge or permission of their employers.

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Aussie AI boost: $500m network planned for major cities

Australia's internet infrastructure is not ready to handle increasing artificial intelligence demand, according to one telco that plans to build more fibre.

Under-fire firm still has ethics, leadership contracts

Having been hauled over the coals by a parliamentary committee, KPMG is again facing scrutiny regarding its suitability to run government training programs.

Beware AI cowboys: warning amid data centre stampede

The race to build data centres could come with a risk: "fly-by-night" operators with little concern for Australia's best interests.

US online giant is challenging business goods suppliers

Orders on Amazon Business Australia rose 155 per cent in the second half of its launch year, and tens of thousands of businesses have registered.

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Inflation lying in wait to strike another rate blow

Despite a fall in headline inflation, a larger-than-expected rise in the underlying figure leaves the door open to more Reserve Bank rate hikes.

Aussies snub convention as cost of dying skyrockets

More Australians are turning to online fundraisers to help cover the rising cost of a loved one's funeral, raising $28 million in the previous year alone.

KPMG chairman, partners to exit scandal-tainted firm

Two KPMG audit partners who allegedly accessed confidential information are leaving the accounting firm, along with its national chairman.

Small business, payments system brace for payday super

Australia's superannuation payment system is set for a major shake-up but small businesses warn unnecessary penalties could mar the road ahead.

'Dubious honour': consultancy giants cop trust barb

A senator has been "gobsmacked" over the response by a former KPMG chief to a question over public trust of big consultancy firms at a federal inquiry.

Tax carve-out backdown fails to cut it with businesses

Policy reversals mean innovative startups will have access to a 50 per cent capital gains discount and a mooted minimum tax on discretionary trusts will be cut.

Concrete example: carbon refinery to turn gases green

An Australian facility will seek to prove carbon can be embedded into useful products, such as concrete, paint and plasterboard, and resold for a profit.

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