ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Other Industries
Shock Maccas move exposes Aussie shame
A controversial new security feature spotted at a McDonald’s restaurant notorious for antisocial behaviour has exposed an ugly reality faced by fast-food workers.
True Aussie Christmas favourite revealed
Aussies are stocking up massively on food this festive season – with over one million portions of a clear Christmas favourite already sold.
Christmas 2024 trading hours revealed
The holiday season is fast approaching, and in case you’ve forgotten any last-minute gifts or need to grab extra food, here’s what shops will be open during the festive period.
Popular dining spot goes into administration
The sprawling business first opened two years ago, but changing consumer behaviour has caused some issues.
ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
Awful secret at building company exposed
Customers have been left horrified after learning more about the man who has promised them he will complete their dream homes.
Meta agrees to huge payout for Aussies
Tech giant Meta has agreed to pay out a whopping sum to Australians who were impacted by a major privacy scandal.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
Huge boost for essential Aussie workforce
Some of Australia’s most underpaid but valued workers will benefit from a huge wage increase following months of lobbying for change.
‘Privilege’: Sonny Bill’s shock career move
A global sports star known for his deep faith and “passion for social equity” has made a surprising career change.
Group running out of cash every month
Some people from one cohort are reporting having to steal essential items more frequently to survive the cost-of-living crunch.
Aussie firm hands out unbelievable bonuses
A company in its boom phase has given hundreds of its workers a whopping $65,000 bonus but that wasn’t the only perk they received.
Aussie shares slump on bank, tech rout
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
Huge change in Aussie workplaces revealed
The Workplace Gender Equality Agency says there has been some ‘positive progress’ in gender equality, even as major businesses are rocked with harassment scandals.
Insane reason behind massive queue
Massive crowds began gathering early, despite the poor weather, with queues down entire streets.
Why Australia is in debt to Hugh and Ryan
It’s been a wild 2024 at the Aussie box office, but cinema operators say a new dawn is rising for the beleaguered movie business.
‘Depose’: Terrifying development in CEO death
Police investigating the cold-blooded killing of a major CEO in the US have made a chilling discovery on the bullets used.
Fears of ‘$50 an hour’ parking fee
Fears grow as the ACCC looks into a merger between two of Australia’s biggest parking and payment operators, which could see costs skyrocket.
Sign Aussie recession tipped to end
A recession gripping Australia’s struggling retail sector is tipped to end – as household confidence grows and consumers look to spend their tax cuts.
Surprise reason for Aussie spending jump
A surprise jump in spending in major two areas has given early indications Aussies are starting to spend again, in spite of a high cost of living.
Huge warning over dodgy GST refunds
The Australian Taxation Office has issued a major warning amid their crackdown of business owners trying to cheat the GST system, following a huge spike in fraudulent claims.
City with worst Uber passengers revealed
With the festive season rapidly approaching, Uber has announced the best and worst-rated spots across Australia, with one surprising city landing in last place.
China’s astonishing Aussie trade ban call
China has removed its last remaining ban on two beef exporters, ending a raft of restrictions and sanctions on Australian products which totalled about $20bn.
Sign tradies the new ‘lawyers and doctors’
A property investor and entrepreneur has branded tradies the new “lawyers and doctors” in Australia as their pay packets continue to grow.
Pub giant’s Australia Day backflip
A major Australian pub owner had decided to ban Australia Day celebrations in its venues because it “causes sadness” for staff.
‘Exciting chapter’: Big news for national icon
In the lead-up to its 90th anniversary, one of the nation’s most iconic landmarks has changed hands after a hotly contested sale.
‘Knock it on the head’: Major tech crackdown
The tech giants that dominate our app use could face large new fines and bans on anti-competitive dominance.
Family ‘ruined’ after $754k crash payout
A horror car crash and the loss of a transplanted kidney were devastating. Yet a family’s plan for a $754,000 payout left them “totally ruined”.
Australia reacts to Bunnings bombshell
An expert has explained why using facial recognition technology is concerning despite the “legitimate concerns” of crime prevention.
Mystery Powerball winner comes forward
A man in his 20s has come forward as the winner of $50m in Thursday’s $100m jackpot, revealing it was his first time playing Powerball.
Aussie shares hit fresh record high
The Australian sharemarket cracked a fresh record high on Thursday on the back of a surge in the big banks and healthcare stocks.
‘Shame’: Shareholder rips into Star casino
Major casino giant Star Entertainment has faced fiery shareholders due to the business’s poor performance in recent years.
‘Worried’: Biggest threat to Coles, Woolies
The chief executive of a supermarket giant has admitted she is “worried” about a US company as more and more Aussies hunt for better prices.
Aussie model’s shock move after Uber fail
An Aussie model claims an Uber driver failed to deliver her belongings and has taken to social media to ask for help.
Push for big change for all Aussie workers
A powerful union is pushing the federal government to legislate a huge workplace change that will affect every single Aussie worker.
Horror sex issue exposes Aussies
One group of workers faces widespread sexual harassment across multiple industries in Australia, a horror survey suggests.
Renegade union rally hits big city
CFMEU workers have rallied in Sydney against administration, even as the embattled union warned its members not to attend the march.
Reason young workers miss out on $10k
An old law is costing Australian workers about $10,000 in superannuation by the time they retire, according to a peak body.
Concerns before man crushed to death
A union says safety concerns at the site of a fatal turbine incident were raised with builders before a man was crushed by a fan blade.
How Aussies can dodge Trump’s tariff threat
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
Aussie coffee war erupts over jar detail
A major legal fight has erupted between Aussie coffee brand Vittoria and the second largest coffee company in the world, all over a single detail in the company’s instant coffee glass jar packaging.
’Nowhere else’: Grim reality for Aussie farmers
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
Optus fined $12m after triple-0 failure
The regulator said Optus had failed one of its “most fundamental services” after it left more than 2100 customers stranded during a network outage.
Go ahead for $8.8bn Chemist Warehouse deal
Australia’s competition watchdog has made a huge decision on a proposed change to Chemist Warehouse that will affect millions of Aussie pharmacy customers.
Aussie shares surge on looming Trump shock
Aussie shares rallied on Wednesday as the US vote count rolled in showing former President Donald Trump on a clear pathway to victory.
ASX falls as US election nerves take over
The Australian sharemarket slipped on Tuesday ahead of Wednesday’s seismic US Presidential election.
Big decision signals end to wheat biscuit war
Australia’s consumer rights watchdog says it will not stand in the way of Sanitarium’s bid for Weet-Bix’s main rival in the breakfast cereal aisle.
Shocking Google find hours before wedding
Serious questions have been raised about a government department meant to protect consumers as complaints climb after Aussies paid thousands.
Profit not a ‘dirty word’: Bunnings boss
The chairman of the retail giant that owns Bunnings and Kmart has defended big business and hit out at ‘political leaders of all persuasions’.
Aussie tech darling worth more than Woolies
A homegrown tech unicorn has reached a huge milestone evaluation, making it worth more than Woolworths, Telstra and Coles.
Suburb to balloon by 471 per cent
One of Australia’s most lacklustre suburbs is set to be “revamped” to become a mini-city.
Nando’s Australia set to change forever
A popular fast-food chicken chain has just opened a new “elevated” dining experience as part of a company refresh to grow and capture more hungry Aussies.
‘Stupidity’: Fury over high rise apartments
When Nick Morris purchased two east-facing offices in Gladstone St, South Melbourne, the views of the city’s skyline were a key part of the deal.~
Thousands of phones stop working today
Tens of thousands of mobile phones will be obsolete on Monday, and if you own one of them, don’t say you haven’t been warned.
Far right US pundit cops huge visa blow
A far right American pundit who suggested Israel might have been behind the assassination of JFK has just had her visa to Australia cancelled.
New premier’s huge Olympic call
Queensland Premier-elect David Crisafulli has only just grabbed power, but he looks set to reshape Brisbane’s Olympic legacy with a huge decision.
Aussie’s bid to dominate music industry
Australia’s only ASX-listed music company holds plenty of ambition, taking on every element of the lucrative industry in a bid to reach 1 billion fans.
Big bank’s surprise Stage 3 tax cut reveal
Aussies have pocketed $6.4bn in extra income since July’s Stage 3 tax cuts, but what we’re doing with it might come as a surprise.
Dutton’s nuclear plan savaged by probe
A worrying prediction has cast serious doubt over Peter Dutton’s nuclear energy plan, as a Labor-led parliamentary inquiry gets underway.
‘Backyards’: State’s wild bid for more homes
One state wants to make it easier to divide up blocks of land in a bid to boost housing supply by “unlocking land in people’s backyards”.
Aussie company collapses owing $11m
Employees tipped off government departments about problems before the company’s demise but they have still been left owing thousands.
Shock university trend sweeping Australia
There is a huge trend that is on the rise across the country, with young Aussies moving away from the traditional university experience.
‘Failed too many’: Insurers lashed on floods
A parliamentary inquiry into the response of insurers to severe floods in several states in 2022 had let down many victims by failing to meet their obligations.
Iconic Aussie chain faces $2.9m dispute
One of Australia’s best known chains has come under further fire as a bitter dispute emerges.
Fish discovered in 1988 could decimate town
The protection of a rare species of fish is threatening to decimate an entire town as powerful environmental groups push for an industry to be shut down.
‘Pleased no one’: Iconic chain shuts branches
A well-known US diner brand, whose name is on locations across Australia, is shutting restaurants globally as the chain’s woes grow.
How to solve Australia’s housing crisis
A leading business group says one thing needs to happen to solve Australia’s housing hell and you only have to look at one of our nearest neighbours for inspiration.
Huge change coming to pharmacy giant
There’s a big change coming to pharmacy giant Chemist Warehouse and it could save customers a lot of money.
Why Aussies are feeling inflation shock
Australia’s central bank has pointed to a theory as to why our high inflation feels like it is dragging on, and on, and on and on.
Telstra under fire over China ‘sabotage’ fears
Telstra’s board has been grilled on shareholder fears Australia’s mobile network could be sabotaged and price hikes in a cost of living crisis in its AGM.
Disgusting act after builder adds $100k to bill
Shocking pictures have revealed how a family’s “dream” has turned into a nightmare with harsh financial consequences.
ScoMo lands surprise new role
Former Prime Minister Scott Morrison has landed a surprise new role in Australia’s budding space industry.
$95m bid to stop bird flu ravaging Australia
Australia is the only continent yet to detect the highly pathogenic strain which has caused havoc across the globe.
Builder’s desperate act to survive
The building industry is suffering a decade-long ‘decimation’ that has ruined lives and left companies in disastrous debt.
‘Why me?’: Chinese students rage over email
An email from the University of Sydney sent to “randomly selected” international students has sparked outrage on Chinese social media.
Sign we’re underestimating young Aussies
Gen Z is sometimes written off as a “live-for-the-day” generation, but a surprising new trend shows they’re a lot more savvy.
‘Flagrantly unethical’: Pfizer faces $1.5b war
Pfizer is facing a showdown after a $1.5 billion bid to revive the company’s post-Covid share plunge took a “highly inappropriate, flagrantly unethical” twist.
Age limits first step in big tech battle
The Albanese government says it’s holding ‘big tech to account’ and age limits for kids on social media are the first step.
Staff’s unusual tactics to get pay rise
Support staff at one of the country’s major emergency services have used some creative tactics in a push for a pay rise.
Original URL: https://www.news.com.au/finance/business/other-industries