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The Latest News from business

Hats off to the Forrests as they snap up Akubra

Hats off to the Forrests as they snap up Akubra

Australian businessman Andrew Forrest and his wife Nicola have added handmade hat brand Akubra to the brands within their private investment group Tattarang.

Businesses still in the slow lane for electric vehicles

Businesses still in the slow lane for electric vehicles

Businesses still in the slow lane for electric vehicles

Businesses still in the slow lane for electric vehicles

Almost one in three businesses have yet to add an electric car to their fleet and half say they will not make a full move until after 2030, a new study finds.

Kmart hit with $1 million fine for spam law breaches

Kmart hit with $1 million fine for spam law breaches

Kmart hit with $1 million fine for spam law breaches

Kmart hit with $1 million fine for spam law breaches

Kmart breached spam laws more than 200,000 times and is paying the price, with the media watchdog lashing out at businesses that ignore customer privacy.

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ABC denies betraying anti-Woodside group sources

ABC denies betraying anti-Woodside group sources

The ABC says it didn't betray anti-Woodside Energy climate activists involved in a Four Corners program by revealing its sources to counter-terrorism police.

Indigenous entrepreneur creates Chocolate on Purpose

Indigenous entrepreneur creates Chocolate on Purpose

Fiona Harrison and Raymond Timbery are two of a growing number of Indigenous entrepreneurs bringing parts of their cultures to the world in creative new ways.

Workers urged to embrace, not fear, robot colleagues

Workers urged to embrace, not fear, robot colleagues

From robots on two legs to a giant arm that sorts products, Amazon is testing more machines to work with humans but worker concerns remain high.

Hopes monthly fee will sell business on electric fleets

Hopes monthly fee will sell business on electric fleets

Plans to offer charging stations for a monthly fee and without installation costs is hoped to put thousands more electric vehicles on Australian roads.

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Super fund invests in Tasmanian private forestry

Super fund invests in Tasmanian private forestry

Super fund invests in Tasmanian private forestry

Super fund invests in Tasmanian private forestry

Tasmania's largest private forestry company has been acquired by an Australian superannuation fund and two overseas pension entities.

Watchdog puts a roadblock on Transurban bid for rival

Watchdog puts a roadblock on Transurban bid for rival

Watchdog puts a roadblock on Transurban bid for rival

Watchdog puts a roadblock on Transurban bid for rival

The competition watchdog has put the brakes on a move by private toll operator Transurban to take a majority share in the company that operates EastLink.

Great Southern banks profit, readies microbusiness move

Great Southern banks profit, readies microbusiness move

Great Southern banks profit, readies microbusiness move

Great Southern banks profit, readies microbusiness move

Great Southern Bank will launch a modern platform for under-served microbusinesses in partnership with Sydney fintech Constantinople this year.

Aboriginal heritage on the agenda at mining conference

Aboriginal heritage on the agenda at mining conference

Aboriginal heritage on the agenda at mining conference

Aboriginal heritage on the agenda at mining conference

As the Aboriginal Enterprises in Mining, Energy and Exploration conference gets under way in Cairns, looking after heritage is high on the agenda.

Imported avocados smashed as grocery chain goes local

Imported avocados smashed as grocery chain goes local

Imported avocados smashed as grocery chain goes local

Imported avocados smashed as grocery chain goes local

A major supermarket chain has become the first to sell Australian avocados exclusively in all of its 586 stores, ahead of a bumper summer season.

Tax break to help small businesses save on energy

Tax break to help small businesses save on energy

Tax break to help small businesses save on energy

Tax break to help small businesses save on energy

The federal government will introduce laws to roll out tax deductions for businesses seeking to make more efficient use of energy.

Melbourne traders fear drop after Bourke Street attack

Melbourne traders fear drop after Bourke Street attack

Melbourne traders fear drop after Bourke Street attack

Melbourne traders fear drop after Bourke Street attack

Business owners in Melbourne's CBD fear the latest deadly Bourke Street incident could have a lasting impact with some already experiencing a fall in customers.

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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

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

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

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.

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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 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

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.

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

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

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

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