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Latest news: Business

Billionaire CEO steps down amid legal investigation

Billionaire CEO steps down amid legal investigation

Billionaire Richard White will step down as CEO of Wistetech Global, but after a brief leave will transition into a full-time consultant on the same pay.

Remote harbour salmon farms record 1000-tonne deaths

Remote harbour salmon farms record 1000-tonne deaths

Remote harbour salmon farms record 1000-tonne deaths

Remote harbour salmon farms record 1000-tonne deaths

Data released under right-to-information reveals more than 1000 tonnes of salmon died at a harbour where the future of fish farming is under a cloud.

One ASIC more than enough, says corporate cop chief

One ASIC more than enough, says corporate cop chief

One ASIC more than enough, says corporate cop chief

One ASIC more than enough, says corporate cop chief

Splitting the Australian Securities and Investments Commission doesn't have the backing of the chairman who says a funding boost is needed to catch more crooks.

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Tax incentives will provide extra meals and cut waste

Tax incentives will provide extra meals and cut waste

Millions of meals that are being dumped in landfill could instead end up on the plates of vulnerable Australians who need them, under proposed tax changes.

Read null about it: privacy changes could bury news

Read null about it: privacy changes could bury news

Changes to Australian privacy laws could open an avenue for powerful people to shut down news coverage, a group has told a Senate inquiry.

Qantas says sorry as sacked staff seek $200m justice

Qantas says sorry as sacked staff seek $200m justice

Qantas has apologised for its unlawful pandemic retrenching of 1700 workers as the transport union pursues the airline for hundreds of millions of dollars.

Deepfake images harming Aussie kids and businesses

Deepfake images harming Aussie kids and businesses

Australia is being warned to bring in urgent laws and education to tackle AI-generated deepfake images that put companies and children at risk.

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Want to quit work an hour earlier? Deploy a robot or AI

Want to quit work an hour earlier? Deploy a robot or AI

Want to quit work an hour earlier? Deploy a robot or AI

Want to quit work an hour earlier? Deploy a robot or AI

Research shows more Australian workers are willing to ask for help from AI and robots at work, and experts say the trend could elevate human jobs.

Qantas braces against carbon neutral greenwash claim

Qantas braces against carbon neutral greenwash claim

Qantas braces against carbon neutral greenwash claim

Qantas braces against carbon neutral greenwash claim

Australia's biggest airline has been referred to the consumer watchdog amid accusations it is misleading passengers about its green credentials.

Dodgy subscription traps and hidden fees to be banned

Dodgy subscription traps and hidden fees to be banned

Dodgy subscription traps and hidden fees to be banned

Dodgy subscription traps and hidden fees to be banned

A slew of manipulative sales tactics, including subscription traps and hidden fees, are in the federal government's sights.

Worker rights fight as small business calls for growth

Worker rights fight as small business calls for growth

Worker rights fight as small business calls for growth

Worker rights fight as small business calls for growth

One million employees could lose workplace protections if a contentious legal definition for small business is changed, Labor says while ruling out the push.

Turbo charge house approvals, business urges government

Turbo charge house approvals, business urges government

Turbo charge house approvals, business urges government

Turbo charge house approvals, business urges government

The Business Council of Australia says state governments should be able to intervene in council planning decisions, using a carrot and stick approach.

Wanted: $100m investment fund seeks green Aussie tech

Wanted: $100m investment fund seeks green Aussie tech

Wanted: $100m investment fund seeks green Aussie tech

Wanted: $100m investment fund seeks green Aussie tech

A multimillion-dollar venture capital fund, backed by 50 companies including Westpac, is looking for clean energy innovations that could go global.

$10 billion Indigenous business milestone celebrated

$10 billion Indigenous business milestone celebrated

$10 billion Indigenous business milestone celebrated

$10 billion Indigenous business milestone celebrated

Indigenous businesses have won more than 71,000 commonwealth contracts, representing $10 billion in government spending over the past nine years.

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Endeavour for new CEO as Donohue departs

The owner of Dan Murphy's has started searching for a new CEO following the announced departure of its current leader who will leave behind a slowing business.

'Challenging': Kathmandu, Rip Curl owner takes hit

KMD Brands, the owner of retail stores Kathmandu and Rip Curl, has acknowledged a "challenging sales environment" after 11 per cent sales drop in 2023/24.

Xero acquires analytics platform Syft for $104 million

Accounting software business Xero hit its highest price since 2022 after announcing the $A104 million acquisition of cloud-based reporting platform Syft.

More challenging market in months ahead, Metcash warns

Challenging conditions will remain ahead of Christmas as consumers tighten their belts, IGA supplier Metcash has told shareholders.

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Outgoing Virgin CEO plays down Qatar stake speculation

Virgin Australia CEO Jayne Hrdlicka has played down reports Qatar Airways is seeking to acquire a 20 per cent stake in the nation's second-biggest airline.

Australia could be global launch pad for green flights

Aviation experts say Australia could lead the world in carbon-cutting jet fuel if governments and the industry take action in the next year.

Nine shares fall as CEO Mike Sneesby departs

After a turbulent year in which Nine's profit plummeted, its staff went on strike and 200 jobs were axed, CEO Mike Sneesby's resignation has now hit the ASX.

Aussie companies should not be shy but careful about AI

Businesses need to monitor for bias, copyright infractions and ethical issues when using AI, a group has warned, but should not ignore the technology.

X Corp says Twitter does not exist, fines should vanish

American legal experts have taken the stand in Federal Court as lawyers for the social network known as X argue it should not have to pay Twitter's fines.

'Kill switch' considered to tackle high-risk AI

Artificial intelligence has been met with both concern and hype but government guidelines could help regulate its use in high-risk situations.

Fight to save jobs as The Star's casino empire teeters

Star Entertainment's financial woes have fuelled concerns for the future of thousands of casino jobs.

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