New fight to save penalty rates for workers
The federal Workplace Relations Minister will oppose a bid by retailers to cut penalty rates and entitlements, saying “workers’ wages should not go backwards”.
Business
Another shock departure as Seven star quits
The weekend newsreader says it is “time for a new chapter” after joining the Seven network in April 2022, but she has already started in another job.
Albo’s $2.4bn lifeline for embattled steelworks
The federal and South Australian governments have come to the rescue of the embattled Whyalla Steelworks.
Big win for Telstra shareholders
Telstra says its heavy investment in the Australian network is paying off, as the telco announces massive payouts to shareholders.
Thousands of dodgy job ads banned
A growing problem for Australians trying to find a job has been revealed, as the number of red flags continues to soar.
Aussie workers who fear AI the most
The Australian workers most concerned about artificial intelligence have been revealed in a new global survey.
ASX 200 trades flat as Wall Street falls
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Warning over mass Aussie skill shortage
Alarm bells have been raised over fears Australia will face a mass skill shortage across key industries, unless slipping education standards are halted.
Why Australia’s net quality is so low
The quality of Australia’s internet services has slipped to an embarrassing spot behind global competitors – as a new survey measures the overall digital wellbeing of the country.
ASX jumps after volatile day of trading
The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the market.
Major bank to move 190 Aussie jobs offshore
Big four bank Westpac will cut 190 Australian jobs in its customer solutions division and move them offshore just days after announcing a bumper profit.
NAB posts $18m-a-day profit
Anti-crime measures and wage costs have eaten into one of Australia’s major bank’s $18m-a-day profit.
ASX tumbles on big bank, Woodside woes
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
RBA boss’ two words to Aussies after rate cut
Under-the-pump Australian homeowners have received a rate cut, but Michele Bullock has delivered a stark two-word warning about the future.
Banks make $10m a day on slow rate cut
Going slow on rate cuts could be good for the major banks as they cash in millions for every day homeowners wait for a mortgage reduction to be passed on.
Westpac, Bendigo drag down ASX
Banks weighed on the ASX on Monday with disappointing earnings updates from Westpac and Bendigo Bank pushing the index to the red.
Tourists banned from leaving hotel room
Aussie tourists heading to Bali have have been warned to abide by strict rules on a specific day.
Man’s epic comeback after woman steals seat
A man has been applauded for what he said to a fellow plane passenger after she sat in his seat and later wanted to switch back to her original spot.
Hundreds of buses affected by strike
Commuters have been urged to allow extra time for travel or prepare alternative arrangements as bus drivers in one state walk off the job.
New fight to save penalty rates for workers
The federal Workplace Relations Minister will oppose a bid by retailers to cut penalty rates and entitlements, saying “workers’ wages should not go backwards”.
Another farm infected with bird flu
Avian flu, the virus that left supermarket shelves empty in 2024, has spread at a third poultry farm in Victoria this month alone.
Watchdog’s warning to big supermarkets
Australia’s consumer watchdog says customers’ concerns in the supermarket and retail sector remain a key priority in the year ahead.
ASX tumbles on big bank, Woodside woes
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
Worrying move from Aussie mining giant
Australia’s largest miner will pay shareholders their lowest interim dividend in eight years after a massive profit slump.
Trump’s tariffs could stall rate cut
Uncertainty over US President Donald Trump’s current tariff policies could push back the RBA’s plans to cut rates in February, economists warn.
‘Highest priority’: Billionaire’s pledge to Whyalla
A major Australian steel producer’s international tycoon owner says his company is making “tangible financial headway with our creditors”.
‘Major issue’: 10,000 Australian jobs at risk
The man behind a booming mining company in Indonesia has issued a stark warning about 10,000 Aussie jobs.
Albo’s $2.4bn lifeline for embattled steelworks
The federal and South Australian governments have come to the rescue of the embattled Whyalla Steelworks.
‘Irredeemable’: Aussie giant’s shock collapse
The South Australian government has forced to act against major steelworks, leaving a 1000-strong workforce in limbo.
Aussie winner from Trump’s tariff
An Australian business could be a major winner from Donald Trump’s steel tariff even if the country is not spared from the controversial levy.
Another shock departure as Seven star quits
The weekend newsreader says it is “time for a new chapter” after joining the Seven network in April 2022, but she has already started in another job.
Seven West Media’s huge profit slump
An Australian media giant has posted a huge slump in profit but says it is making “solid progress” under a new operating structure.
Cover marks ‘beginning of the end’ for Musk
A Time Magazine illustration of the billionaire seated in the Oval Office could make him a threat in the eyes of the President, commentators have said.
Another farm infected with bird flu
Avian flu, the virus that left supermarket shelves empty in 2024, has spread at a third poultry farm in Victoria this month alone.
‘Shock’: No refund for Aussie customers
This Australian company promised refunds. Then it backflipped and months later, there’s still no answers.
Greens push for $4bn cut to insurance costs
The minor party has proposed a five-pronged attack to lower rising insurance premiums which they say could save households a total of $4bn.
Original URL: https://www.news.com.au/finance/business