Today
Trump-Musk feud goes nuclear; KWM’s cautionary China tale; Joe Aston on Planet Ark
Read everything that’s happened in the news so far today.
This Month
WiseTech director’s $1.6 billion SMSF buys and sells
Charles Gibbon owns one of the country’s largest super balances. It contains a stunning South Coast property.
Ayres signals a bigger role for unions over AI use at work
Industry Minister Tim Ayres says they should have a louder voice in how businesses adopt artificial intelligence, as concerns rise about huge job losses.
US urges $40b defence spend; Soul Patts’ $14b tie-up; Big bubble looms
Read everything that’s happened in the news so far today.
Business Council says government must step up on big AI questions
Industry needs clear national AI goals, regulatory certainty and much faster approvals for new data centres, according to the peak industry group.
AirTrunk’s Robin Khuda pays $32m for luxury apartment site
The data centre billionaire is expanding his real estate development with a “truly special” location in Sydney’s blue-chip “Balmoral Slopes”.
May
Adman Droga looks ahead after stepping down as Accenture Song CEO
The veteran creative advertising executive will become Accenture’s vice chair, which David Droga says means he can work on whatever he wants to do.
Collette Dinnigan’s designer Sydney semi sells for $20m
The Australian fashion designer and serial renovator and her husband Bradley Cocks have sold their Darling Point luxury home.
This Sydney traffic junction sums up our city housing problem
Edgecliff, just east of Sydney’s CBD, shows the difficulty of councils and state governments trying to balance the demands of residents and growing populations.
Housing plan could threaten Sydney NYE fireworks
Glebe Island and The Bays precinct west of Sydney’s central business district could provide 5700 homes, but closing Bays Port could come with a catch.
Justin Hemmes on a Sydney collision course with Neil Perry
The latest clash of the city’s big name restaurateurs looks set for the city’s eastern suburbs.
Newington defeats old boy challenge to co-ed plans
Justice Guy Parker put a swift end to a challenge to stop girls attending the Sydney private school.
NSW considers moving Sydney Harbour’s last working port for homes
After a proposal to sell Rosehill racecourse was rejected, the NSW government has not ruled out moving Sydney Harbour’s last working port to make way for homes.
He quit consulting. Now his AI start-up is worth $100m
Unleash Live, a 10-year-old artificial intelligence firm, has raised $17 million after signing up BHP, Alcoa and Chevron as clients.
Barrenjoey and the $5b property deal lurches towards defeat
Bankers were deployed to help convince Australian Turf Club members to sell Rosehill racecourse.
Flooding devastates oyster harvest, dairy industry
Oyster farmers are bracing for millions of dollars in damage after this week’s flooding in northern NSW wiped out stock nearing a years-long harvest.
Alan Jones spotted at the Grind Pantry
There was a rare sighting of the fallen king of radio who faces dozens of charges going back decades.
Ginger & Smart’s future uncertain after private equity fire sale
Alquemie has offloaded the high-profile womenswear label for a token amount at the same time as selling the remaining assets of online retailer SurfStitch.
Luxury developer behind Sirius rebuild overwhelmed by debts
Lenders are chasing millions from the builder behind the controversial Sydney redevelopment, where 20 apartments including the penthouse remain unsold.
‘We need the energy’: Gen Zs to get a seat on NSW cultural boards
In an Australian first, the NSW government creates a directorship at the likes of Sydney Opera House and Art Gallery of NSW explicitly for those aged 18 to 28.