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Latest news: Business

Myer's troubled robotic warehouse costing it dearly

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

Face-scanning boundary set after Kmart's privacy breach

Face-scanning boundary set after Kmart's privacy breach

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

'Collateral damage': hundreds more mining jobs axed

'Collateral damage': hundreds more mining jobs axed

'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.

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

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

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

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.

Push to take advantage of solar on big buildings

Push to take advantage of solar on big buildings

There are growing calls for Australia to harness big buildings to capture solar energy, as a report found only one fifth of available roof space is used.

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Study identifies three tipping points for women in tech

Study identifies three tipping points for women in tech

Study identifies three tipping points for women in tech

Study identifies three tipping points for women in tech

Women fill one in five highly technical roles in Australia but interventions at three crucial moments in their education and careers could triple that number.

Locals plead for visitors to return to area of manhunt

Locals plead for visitors to return to area of manhunt

Locals plead for visitors to return to area of manhunt

Locals plead for visitors to return to area of manhunt

Business owners in a region central to the search for an accused killer can breath a sigh of relief with travel restrictions scrapped and cash help on its way.

Embrace AI or risk future ruin, tech billionaire warns

Embrace AI or risk future ruin, tech billionaire warns

Embrace AI or risk future ruin, tech billionaire warns

Embrace AI or risk future ruin, tech billionaire warns

Scott Farquhar says companies that don't adopt artificial intelligence quickly will get disrupted by those that do, and executives need to use AI daily.

Pricey bills to carry clear alerts for cheaper plans

Pricey bills to carry clear alerts for cheaper plans

Pricey bills to carry clear alerts for cheaper plans

Pricey bills to carry clear alerts for cheaper plans

Households and small businesses will be warned if they are paying more than necessary under a reform designed to encourage more people switch plans.

Job cuts, work sent offshore 'a win' for bank customers

Job cuts, work sent offshore 'a win' for bank customers

Job cuts, work sent offshore 'a win' for bank customers

Job cuts, work sent offshore 'a win' for bank customers

Two of the four big banks have slashed thousands of jobs within days, with one creating roles offshore it insists will benefit customers.

Consumer confidence dips as households slowly recover

Consumer confidence dips as households slowly recover

Consumer confidence dips as households slowly recover

Consumer confidence dips as households slowly recover

Years of lost purchasing power is still weighing on Australian households as the steady recovery in consumer confidence stalled in September.

Companies face little accountability on gender equality

Companies face little accountability on gender equality

Companies face little accountability on gender equality

Companies face little accountability on gender equality

Gender balance in leadership across corporate Australia is stalling as analysis finds women hold just 10 per cent of CEO roles in ASX 300 companies.

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Company accelerates electric truck parcel deliveries

Quiet and clean, if costly: an Australian delivery business says more companies should adopt electric trucks ahead of World EV Day.

AI business 'wake-up call': teach workers or miss out

Workers need greater training in artificial intelligence technology to tap into future innovations, a study has found, but many are resistant to change.

Wife of accused cop-killer 'present' for shooting

Police have revealed the wife of fugitive Dezi Freeman was present when he allegedly executed two officers in cold blood.

Aussie firms want clear AI laws to meet tech challenge

Australian businesses are adopting artificial intelligence technology but a lack of skilled workers and clear guidelines is holding others back.

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Penalty rates protected under new workplace laws

Measures protecting penalty rates for almost three million employees who work public holidays and weekends are set to come into effect.

One in five young jobseekers are fudging AI skills

The pressure to understand and use artificial intelligence tools is getting to gen Z and millennial workers, with many admitting to exaggerating their talents.

Why Australian AI regulation could be a legal patchwork

Artificial intelligence may not be governed by a single, dedicated law in Australia but experts say changes to several existing laws could offer protection.

Aussie sunscreen product rubbed out after testing fail

A popular brand's sunscreen has been withdrawn from shelves after it failed to deliver consistent SPF ratings during independent testing.

Aussie workers sceptical of AI coming for their jobs

A slim majority of workers believe the government can be trusted to regulate artificial intelligence and most think it will augment rather than replace jobs.

Biotech giant to slash 3000 jobs, spin-off vaccine arm

Pharmaceutical giant CSL has announced a major shake-up for its vaccination arm and for jobs as the company aims to cut costs.

Google cops $55m fine for search engine deals on phones

Google engaged in anti-competitive behaviour when it asked telcos to install only its search engine on phones, Australia's competition watchdog says.

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