AusPost turns tables in $1bn battle with big banks
Paul Graham is seizing the moment to keep Australia Post delivering. This time he wants banks to be part of the solution.
Technology
Surprise claim as AI to create 200k jobs
Thousands of Australian jobs in the AI sector could be created this decade, but major issues remain unanswered.
CBA prepares to take on Wall Street’s biggest banks
The Australian bank has passed a staggering milestone. Can it continue to defy gravity?
‘Rife with scams’: Big Four banks blast Meta
One in five Australians believe Meta, which owns Facebook, Instagram and WhatsApp, has been “encouraging scams”. Now the banks have had enough.
Australia must make case for global funds: Citi boss
Citi CEO Mark Woodruff is talking up Australia on the global funds stage with hundreds of billions needed for energy, minerals and housing development.
Students caught hacking sensitive school system
A group of students have been expelled from a Catholic high school after it was discovered they had been hacking an IT system to access sensitive information.
Aussie workers most burnt-out in the world
One group of Aussie workers are the most burnt-out in the world, alarming results in a new global study reveal.
$100m Aussie startup on brink of collapse
An Australian art fintech which had secured $100 million in debt finance has suspended its operations indefinitely as it desperately scrambles to survive.
Eye-watering fine over dodgy bid plot
An Aussie tech company has been fined $1.5m for attempted cartel bid rigging, related to upgrades at an iconic building in Canberra.
How Uber is helping Aussies go green
Uber has launched a carbon dioxide savings tracker, with one state taking an early lead in the clean green stakes.
11yo hospitalised after using manicure set
An 11 year-old girl has allegedly suffered severe third-degree burns after using nail glue bought from a popular Chinese online retailer.
High alert for tax time scams
As if tax time isn’t stressful enough, an Aussie banking association has issued a warning over end-of-financial-year cons.
Aussies defend restaurant trend
Aussies have launched a staunch defence of a restaurant trend but venues in the US are returning to traditional methods.
Tech giant’s cringe-worthy rap video
A cringe-worthy corporate rap video from Australian tech company Canva has gone viral after a performance at their LA conference.
‘Stop hiring Americans’: Canva mocked
Homegrown start-up success story Canva just threw a glitzy party in LA, complete with an awkward rap battle that must be seen to be believed.
‘Dynamic strain’: Dire outlook for telcos
As Telstra swings the axe on thousands of jobs, a major warning has been issued that Aussie telcos are under “dynamic strain” amid sliding margins in the sector.
‘Crucial’: Google unveils bold plan
Plans for a lengthy fibre optic cable from Kenya to the west coast of Australia have been unveiled.
Optus hit with lawsuit over data breach
In the latest hit to the telco, Optus is being taken to court over a data breach that impacted millions of Australians.
Optus hit with lawsuit over data breach
In the latest hit to the telco, Optus is being taken to court over a data breach that impacted millions of Australians.
A painful warning for economy in Telstra’s job cuts
The telco’s move signals the era of ‘jobs hoarding’ across corporate Australia is finally reaching its end.
Fresh fight looms on $14bn budget promise
Within hours of handing down its third budget, Labor’s bold Future Made in Australia Plan has been thrown into doubt.
Fresh fight looms on $14bn budget promise
Within hours of handing down its third budget, Labor’s bold Future Made in Australia Plan has been thrown into doubt.
Dyson to disrupt the humble mop with its $999 version
Conventional mops spread dirt rather than pick dirt up. Enter Dyson which says its hi-tech wet mop is more ‘enjoyable and effective’, with Australia one of the first places where the WashG1 will be sold.
More engineers needed to ‘make it in Australia’: James Dyson
The billionaire inventor who turned the vacuum cleaning market upside down says there’s a big obstacle to being a manufacturing force again.
‘In for the long haul’: Crown’s Wall Street owner vows
Turning the ship around at the casino was always expected to be measured in years, says its new $US1 trillion owner Blackstone.
Behind the invisible force turning ANZ inside out
It’s come at a huge upfront cost, but ANZ boss Shayne Elliott says the sky is the limit for the potential savings that technology can offer.
Best paid public servant calls it quits
Despite netting a $3m pay package over the 2023 financial year, Australia’s highest paid bureaucrat has moved on to the private sector.
Macquarie makes trademark shift to find new energy
After years defying gravity, the homegrown investment bank is falling back to earth and this has promoted a different approach.
Wesfarmers boss is selling a new story: growth
Just as many chief executives are bunkering down, preparing for a slowdown to arrive, Rob Scott is looking over the horizon.
The questions Star’s high-priced probe won’t ask
It is becoming clear that responsibility for the casino’s reform efforts in Sydney were falling through the regulatory cracks.
Top uni boss quits mid-term
The vice-chancellor at Australia’s top-ranked university has unexpectedly resigned just months after starting his second term.
Quantum Leap: PM’s multi-millions for tech
A Silicon Valley based start-up is set to benefit from hundreds of millions dollars in government-backed loans and capital.
Copper wars are on as BHP’s CEO bets it all on Anglo
In making the high-risk $60bn mega-deal, BHP’s boss Mike Henry needs to prove the miner is not slipping back to its destructive old habits.
Star Chamber descends into a trial about office politics
A high-stakes inquiry into Star’s Sydney casino has failed in its efforts to cast former CEO Robbie Cooke as its villain.
ASX advances ahead of fresh inflation print
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
The big lessons for Star from Macquarie’s risk hound
There’s one major cultural reason why the casino operator has found itself so deeply in trouble.
Why pokies king is rolling the dice on troubled casino
For Bruce Mathieson, his move on Star is more than a punt on whether or not the casino can stay alive.
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
Aussie tech firm’s crash ‘one of the worst’
An Aussie tech company stopped in its tracks when $30m went missing has resumed trading and been slammed, with its share price plummeting.
Inside Bank of Queensland’s plan to shrink to greatness
Under a new boss, the regional lender plans to get ahead by getting smaller and smarter.
Break-up? Why our supermarkets need to get bigger
The Greens’ plan to force Woolies and Coles to shrink only plays into the hands of global gorillas like Amazon, Nestle and Unilever.
Casino cop denied Star the time and space to change
Star and its NSW regulator are at war over demands that change at the Sydney casino should be made at the cost of everything else.
‘Out of touch’: Swan blasts PC boss
The ex-treasurer has slammed Australia’s chief productivity adviser who was hand-picked by his own former chief of staff, Jim Chalmers.
‘Step up:’ Plea over Sydney’s third city
As one city begins plans to build Sydney’s third major city, Planning Minister Paul Scully has issued a call to arms for developers and businesses to invest in the site.
Iron ore optimism extends ASX rally
A rally in material stocks helped push the benchmark into the green, as investors awaited fresh inflation data due Wednesday evening.
‘Hard truth’ Aussies must face
The road to net zero by 2050 will not be easy, and Australians have been warned they must be prepared to face “hard truths”.
Tech founder ousted over missing $30m
An Aussie tech firm founded by three “friends” has sacked its chief executive this week because of a missing $30m.
ASX ekes out gains despite energy dip
While the benchmark edged only slightly higher, key members on the share market swung wildly in trading on Monday.
Secret to improving lives of Aussies revealed
Australia’s 2.6 million small and medium businesses could be key to unlocking the next wave of productivity growth.
Elon Musk sues Australia over trans furore
Global tech titan Elon Musk is pursuing legal action over a post on his social media platform that was allegedly harmful to a transgender activist.
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