Bali bigger than ever for Aussies on hunt for value travel
The cost of living crisis is not keeping Australians at home, but it is dictating where we travel.
Companies
Nine chief executive officer quits
Nine boss Mike Sneesby will leave the top job at the end of the month, the network has revealed.
Common item sparks major power outage
In a desert city plagued by power outages, a colourful floating culprit is to blame for the latest outage.
ASX’s board lacks ambition needed for rebuild
As the reputational hits keep coming, the market operator’s board has made a timid choice to help win back trust of regulators.
ASX 200 down on energy, bank falls; MinRes surges
MinRes jumps on Onslow nod, flags $300m in cost savings. RBA official warns on ‘hot’ jobs market. ASX chair exits amid investor pressure. REA’s £5.6bn Rightmove bid. Newmont’s $US475m sale to Forrest-backed group. Oil price dive weighs on Woodside.
Major metro shopping centre evacuated
A busy metro shopping centre was evacuated and the riot squad stepped in after a suspicious item was found.
‘Won’t be pretty’: Fresh blow to Aus looms
The federal government has been accused of “wilfully weakening” Australia’s economy through a key policy decision.
‘Won’t be pretty’: Fresh blow to Aus looms
The federal government has been accused of “wilfully weakening” Australia’s economy through a key policy decision.
Just like 2019: markets ignore the warning signs
With everything pointing to a looming economic slowdown, why are cyclical stocks still so expensive?
Aussie shares lift on energy, Wall St bump
The Australian sharemarket lifted on Tuesday on the back of a rally in energy stocks and some relief from a rattled Wall St.
Qantas to add more international destinations amid fresh challenges
The flying kangaroo has jumped on Virgin Australia’s best performing overseas route as the airline expands its international network in the face of fresh challenges from Qatar and Singapore.
ASX 200 rises; CBA, Macquarie surpass records
Plibersek approval for Stokes-backed BCI’s Mardie project. Steadfast slumps on response to allegations. Tassie salmon may raise a stink at Coles AGM. Jim Chalmers considers ‘next steps’ on RBA reforms.
Reason for strange smell in bottled water
Smelly bottles of water with an odd taste were sold at a Woolworths store were likely caused by a damaged pipe where the product was manufactured.
Aboriginal historian behind gold mine furore
An Aboriginal historian behind the push to block a $1 billion gold mine project previously sought to have every waterway in the area protected.
‘Abandoned’ farmers storm Canberra
More than a thousand farmers are rallying outside Parliament House, angry at both major parties, who they say have “abandoned” them.
Aussie crisis drives job loss fears
Aussies and business are growing increasingly fearful of a stagnating economy, with new concerns about potential job losses.
Chalmers’ surprise next move to reform RBA
Attempts to overhaul the RBA through bipartisan support have been quashed, but the Treasurer has suggested he’ll seek the backing of a surprise group.
‘Lambo Guy’ reveals shock new investment
Self-made billionaire and Aussie car nut Adrian “Lambo Guy” Portelli has revealed his next big investment.
Monster company collapses owing $26m
Customers paid tens of thousands of dollars after the company insisted it was doing just fine. Then it went bust.
Qantas launches epic new Bali sale
Qantas is offering travel-hungry Aussies a one-week fire sale on flights to a host of beloved international destinations, including Bali and Bangkok.
State’s bold plan for housing crisis
One state government is eyeing a bold new idea as it desperately tries to get more houses built.
Aussie retail boss suddenly sacked
The managing director of a major Aussie retailer has been sacked by the business’s board for serious misconduct.
How Miller will make Westpac a business force again
A former Goldman Sachs banker wants to pull Westpac out of its self-imposed wilderness. Is the banking major ready for change?
ASX 200 falls, led by energy, consumer stocks; Premier dives
Premier Investments flags lower earnings, sacked Smiggle boss Cheston denies ‘serious misconduct’. Hotel Property Investments rejects $718m bid by Charter Hall Retail, Hostplus. Westpac CEO successor named. Steadfast in a trading halt. Star results awaited.
‘Fake’: Fury as ‘toxic’ company collapses
An employee at a collapsed retailer has lifted the lid on the “toxic” work environment in the lead up to the company’s demise.
Major Australian builder collapse leaves hundreds in limbo
Yet another Australian construction company has gone bust, with the collapse of Grandeur Homes in Victoria leaving up to 110 projects in limbo….
Iconic Aussie brewery makes sad call
A beloved Aussie pub in the heart of Sydney has shut down, adding to a growing pile of defunct brewers across the nation.
Strong winds hit airline schedules as airports down to one runway
Cyclonic-strength winds across the southern states have reduced Australia’s two biggest airports to single runway operations.
ASX suspends Star Entertainment shares
Star Entertainment group, which operates casinos in Sydney, Brisbane and the Gold Coast, has been pulled from trading on the ASX after a dire week.
‘Secret group’: ‘Nonsensical’ goldmine claim
Environment Minister Tanya Plibersek has clashed with Nationals MP Barnaby Joyce over the NSW goldmine debacle.
‘Sticking the knife in’: Aussies walk away
One of Australia’s best known chains has come under fire as people speak out about how little they made in the job.
Albo fires up over Libs’ big GST threat
The Prime Minister has slammed the Coalition’s plan to “hit the states hard where it hurts” in order to ensure they meet housing targets and increase home ownership.
GST attack ad targets Dutton in key state
Amid Prime Minister Anthony Albanese’s WA visit, Labor claims Opposition Leader Peter Dutton would scuttle a deal costing the state billions.
Why lower quality meat cuts could hit millions
Australians could be in for a spate of lower quality meat cuts on supermarket shelves after one state was hit with a dry, cold winter, with crops suffering as a result.
Why lower quality meat cuts could hit millions
Australians could be in for a spate of lower quality meat cuts on supermarket shelves after one state was hit with a dry, cold winter, with crops suffering as a result.
Aussies ‘fed up’ with Coles, Woolies profits
Shareholders in Coles and Woolworths are licking their lips, but the public is still stretching every dollar further at the checkout.
Construction company fined over boy’s death
A construction company has been fined after a 12yo boy was killed when he accessed an unsecured site and fell.
Star unsuitable to hold licence, halts trading
A major Australian casino giant has announced a trading halt after a report into the company’s conduct was handed down.
All bets are off: Bell’s Star hunt misses the mark
The lack of hard facts means the ‘Bell II’ inquiry increasingly looks like nothing more than a vanity exercise.
Collapsed airline racks up wild debt
Regional airline Rex owes two local government’s more than $800,000 after it collapsed into voluntary administration.
Workers crushed in shocking Aldi incidents
Hundreds of union workers stormed Aldi’s head office in Sydney amid shocking reports of workplace safety incidents that resulted in employees becoming trapped.
ASX finishes month on positive note
The Aussie share market finished the week, and the reporting month of August, in the green as it marked the third straight week of gains.
How Hudson has made great leaps at flying kangaroo
A year into the job as Qantas chief executive, Vanessa Hudson has reflected on the cultural change at the airline since taking over the reins from Alan Joyce.
ASX rises; ANZ reviews alcohol policy amid ‘massive changes’
ANZ CEO Shayne Elliott tells parliament a ban on staff drinking alcohol during work hours is ‘entirely reasonable’, after its conduct scandal. Star halts as NSW casino regulator looks at licence. Ramsay and Harvey Norman fall.
Surprise crypto trend takes off in Australia
Despite concerns about scams and criminal behaviour, Australia is seeing the fastest expansion of crypto ATMs in the world.
‘Flatlining’: Grim news for Aussie retailers
Retailers are worried they face a tough Christmas trading period, as Australians continue to resist spending up during a cost-of-living crisis.
Iconic Aussie brand’s ‘irreversible challenges’
Trying to make money from delivering letters in 2024 is a tough slog, as Australia Post’s financial results show.
Aussie retailer collapses owing $35m
A prestige Australian fashion brand which boasted some major A-list celebrities like Taylor Swift among its customers has gone into liquidation.
Leaked email as F45 gyms collapse
Two more F45 Training gyms have closed as woes deepen for the embattled Australian fitness chain which was once on top of the world.
Mining Boss goes viral for wild coffee break claim
Billionaire Perth mining boss Chris Ellison has caused a stir by declaring he doesn’t want workers going on coffee breaks.
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