Suburb to ‘go to war’ over ‘mega-hostel’
Plans for a $13 million build in a Sydney suburb has left locals horrified, with neighbours vowing to “go to war” over the project.
Companies
Owed $250m: Aussie giant’s retail collapse
A host of iconic stores will join the scrap heap of huge brands forced out of Australia in recent years after yet another shock collapse.
Urgent recall after sofa caught fire
A reclining armchair has been recalled by authorities after a sofa overheated from an electrical default and caught fire.
Virgin rules out ex-Qantas exec Jones as next CEO
Virgin Australia has sensationally moved to end speculation about the airline’s next chief executive, declaring ex-Qantas executive Paul Jones is not in the running.
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Lessons to learn from DC crash: Civil Air
The Washington mid-air crash has highlighted the importance of well-staffed air traffic control towers, says Australian air traffic controllers union.
Union warning after survey highlights rate of aviation injuries
The TWU is warning the aviation industry is in ‘crisis’ due to high rates of injury among the ‘poorly paid, overworked and inexperienced post-Covid workforce’.
How Temu took down Aussie pioneer
International retailers are drawing consumers in by offering cheap products and low shipping costs, but their meteoric rise is coming at the expense of local businesses.
Fresh calls to ditch hidden booze tax
The price of a pint will rise again next week, sparking new calls to remove the tax amid concerns it only punishes both producers and pub-goers.
Property prices fall for second month
Property prices continued to slide in January across nearly every capital city, but buyers are being urged to act quickly as the downturn could be short-lived.
Crowds lose it over pop-up at Aus Open
A chicken shop that reached cult status in Sydney’s west was a surprising addition as a pop-up at the Australian Open. Here’s what it says about our nation.
TV shows behind the ‘set-jetting’ phenomenon and where to head
What do vintage shops, Netflix, stargazing and AI have in common? All are expected to influence where we holiday in 2025.
ASX 200 rises 0.5pc to record close; Origin down
A strong day for Aussie shares as the ASX 200 rises 0.5 per cent to a record high close at 8532.3. Origin cuts APLNG guidance. Citi upgrades BlueScope. Rinehart lifts Lynas stake. Broker upgrade for Zip. Lendlease selling Capella. US probing if DeepSeek used Nvidia chips. Trump advisors hunt for deals as Canada, Mexico tariffs loom.
Island getaway’s $28m staff shame
Operators of a popular island hideaway have been ordered to pay staff an eye-watering amount after they were underpaid for years.
Last of big four banks updates rate cut tip
All four of the big banks now agree on when the Reserve Bank board will cut interest rates following welcome inflation data this week.
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