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Latest news: Business

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.

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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

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

Endeavour for new CEO as Donohue departs

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

'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.

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Xero acquires analytics platform Syft for $104 million

Xero acquires analytics platform Syft for $104 million

Xero acquires analytics platform Syft for $104 million

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

More challenging market in months ahead, Metcash warns

More challenging market in months ahead, Metcash warns

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.

Outgoing Virgin CEO plays down Qatar stake speculation

Outgoing Virgin CEO plays down Qatar stake speculation

Outgoing Virgin CEO plays down Qatar stake speculation

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

Australia could be global launch pad for green flights

Australia could be global launch pad for green flights

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

Nine shares fall as CEO Mike Sneesby departs

Nine shares fall as CEO Mike Sneesby departs

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

Aussie companies should not be shy but careful about AI

Aussie companies should not be shy but careful about AI

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

X Corp says Twitter does not exist, fines should vanish

X Corp says Twitter does not exist, fines should vanish

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.

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'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.

Businesses to unleash unsupervised AI within 3 years

Generative AI tools are doubling in popularity among executives, research has found, and most are preparing to deploy the technology without oversight.

Australia missed 'starters' gun' in race for green jobs

Rebuilding the nation's manufacturing sector is crucial for decarbonisation but Australia has been distracted by "climate cultural wars", a union has warned.

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Indigenous businesses 'very healthy' as sector grows

Indigenous businesses are in a great position to harness opportunities presented by the 2032 Olympic Games, as the sector records "very healthy" growth.

Australia's Silicon Valley wins over cashed-up firms

Big-name firms including Afterpay and Cash App are moving into a precinct designated as a hub for Australian technology innovation.

Crying poor claim as insurers accused of price gouging

A crackdown on how insurers respond to climate change has been declared by the corporate watchdog, as a union accuses some of the biggest firms of crying poor.

'Let me out': Aussies need help with subscription traps

Most Australians have struggled to cancel a subscription and some have given up entirely, a report has warned amid calls for legal reforms.

Amazon tests AI for audiobooks but new rules are coming

Amazon is testing AI-generated voices for audiobooks in the absence of guidance, its executives say, as government officials reveal AI rules are in the works.

'Too many cooks': NSW avoids Rex bailout discussions

As embattled regional airline Rex works on a bailout package with the federal government, its home state is not getting involved in the financial talks.

Asset sale launched as administrators try to save Rex

An asset sale program has been launched at troubled regional airline Rex in a desperate bid to keen the heavily indebted carrier flying .

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