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Latest news: Business

Cutting 'nightmarish' red tape may awaken productivity

Cutting 'nightmarish' red tape may awaken productivity

Fixing Australia's regulations could help businesses and shoppers save and reinvigorate Australia's languishing productivity base.

'A luxury not a lifeline': call to defend penalty rates

'A luxury not a lifeline': call to defend penalty rates

'A luxury not a lifeline': call to defend penalty rates

'A luxury not a lifeline': call to defend penalty rates

Unions are urging the government to protect the penalty rates that help bolster the pay packets of millions of Australians.

Electric goes large: low-emission utes, vans get a show

Electric goes large: low-emission utes, vans get a show

Electric goes large: low-emission utes, vans get a show

Electric goes large: low-emission utes, vans get a show

Utes that can be plugged in and vans that run on batteries have gone on show in Australia for the first time, which experts say is proof the market has moved.

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Telcos still failing to support struggling customers

Telcos still failing to support struggling customers

Requests for help from customers experiencing financial hardship have been continually rejected by major telcos, according to the industry ombudsman's report.

Australia shouldn't try to reinvent the AI wheel

Australia shouldn't try to reinvent the AI wheel

Australian companies should boost productivity by using existing artificial intelligence tools rather than trying to create sovereign models, a US expert says.

Green hydrogen hype fades but future hopes are bright

Green hydrogen hype fades but future hopes are bright

Two major Australian green hydrogen projects have been abandoned within weeks but experts say it will give investors time to rethink the future of the fuel.

Billionaire's Wisetech gets insider as new chief

Billionaire's Wisetech gets insider as new chief

Zubin Appoo has been appointed chief executive of Australia's biggest tech firm, WiseTech, replacing its billionaire co-founder Richard White.

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Accused Israeli restaurant protester remains in custody

Accused Israeli restaurant protester remains in custody

Accused Israeli restaurant protester remains in custody

Accused Israeli restaurant protester remains in custody

A man charged with affray following a protest outside an Israeli restaurant has made a bid for bail, more than two weeks after the incident.

Restaurants, building firm insolvencies remain high

Restaurants, building firm insolvencies remain high

Restaurants, building firm insolvencies remain high

Restaurants, building firm insolvencies remain high

CreditorWatch data has found business insolvencies remain historically high, with two key sectors bearing the brunt.

Four day week firms as win-win for workers and business

Four day week firms as win-win for workers and business

Four day week firms as win-win for workers and business

Four day week firms as win-win for workers and business

Cutting one day from the working week could reduce burnout and increase job satisfaction, a study has found, but it could also boost productivity.

Lack of AI playbook puts Australia down readiness ranks

Lack of AI playbook puts Australia down readiness ranks

Lack of AI playbook puts Australia down readiness ranks

Lack of AI playbook puts Australia down readiness ranks

Many Australian businesses are willing to spend on AI but lack a plan to implement the game-changing technology, pushing the nation down the readiness rankings.

Employers urged to double down on workplace diversity

Employers urged to double down on workplace diversity

Employers urged to double down on workplace diversity

Employers urged to double down on workplace diversity

Australian employers have an opportunity to appeal to talented workers from the United States as the Trump administration winds back diversity and inclusion.

Virgin soars in 'luckiest' Aussie share debut of year

Virgin soars in 'luckiest' Aussie share debut of year

Virgin soars in 'luckiest' Aussie share debut of year

Virgin soars in 'luckiest' Aussie share debut of year

Virgin Australia shares are trading higher as the nation's second-biggest airline returns to the ASX five years after it went bust.

Call for laws to stop harm to consumers, firms online

Call for laws to stop harm to consumers, firms online

Call for laws to stop harm to consumers, firms online

Call for laws to stop harm to consumers, firms online

Australian consumers and businesses are being harmed by the behaviour of tech giants in ways that cannot be addressed with current laws, a report has found.

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Postage price bump gets watchdog's stamp of approval

Pen pals and love letters are on track to get a little more expensive as the consumer watchdog gives the nod to a postage price hike.

Green tick: Australian net-zero projects to be rated

Environmental projects will be analysed and rated in Australia in a move experts say could prevent greenwashing and encourage international investments.

'Parliament tower' approval a tall order for opponents

Approval for a capital city's tallest commercial building, just metres from its heritage-listed parliament, disrespects history and heritage, opponents say.

Cochlear launches new implant, downgrades guidance

Weaker-than-expected sales have prompted a home-grown health technology giant to downgrade guidance, just as it releases its latest device.

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Business, union divisions threaten to derail PM summit

The prime minister hopes business groups and unions will unite to address a lagging economy but there are already signs of division before a planned summit.

Grit and determination characterises women honoured

Women in business, finance, education and law are recognised in the King's Birthday Honours List and some share their proudest career moments.

Businesses and consumers caught between opposing forces

Falling interest rates are not buoying the spirits of households and firms as fast as hoped, as global economic uncertainty keeps a lid on sentiment.

Apple says competition changes could open door to scams

A US tech giant has rejected proposed changes to Australia's digital competition rules, saying some could put consumers and app developers at risk.

Australia's big car love affair still fuelling sales

SUVs and utes have proven the big sellers on Australian car lots in May but the popularity of hybrid and electric vehicles is accelerating.

Weak business investment underlines productivity battle

Encouraging productivity-boosting investment, such as infrastructure connecting regions with capital cities, is needed amid a slowdown in capital expenditure.

Why the carbon offset 'swear jar' needs an overhaul

Firms relying on carbon offsets to tout their green credentials and reduce their environmental footprints are under fresh scrutiny after a court settlement.

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