Aussie finance sector’s big AI move
An industry-first agreement will look to protect one Australian fund’s workers in the age of ChatGPT with a new “gold standard”.
Small Business
Aussie shares slip as Middle East mushrooms
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
Shocking reason Aussies go into debt
Despite cost-of-living pressures, the average Aussie spends $1309 more than they can afford and the reason is tragic.
Big electricity plan for one Aussie state
Hot on the heels of promising state-owned petrol stations, one premier fighting for his job has made another huge pledge.
Very unexpected sight in regional Aussie town
A town in regional NSW has been treated to an unexpected sight, with a red double-decker “London bus” arriving to pick up locals.
Staggering cost of cyber attacks revealed
The eye-watering cost of cyber attacks on small businesses across the country has been revealed, with one business owner revealing he was forced to start again.
Aussie shares retreat on mining pullback
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
Aussie workers monitored by ‘scoreboards’
A group of Australian workers are facing constant, real-time monitoring, where their productivity is being displayed on “scoreboards”.
Urgent tax warning as millions risk $330 fine
Millions of Aussies who have not yet filed their latest tax return are being urged to act quickly to avoid hefty penalties.
Aussie shares hit new high on iron ore boom
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
‘Furious’: Hip suburb erupts at KFC move
Legendary fast-food icon KFC has been approved for one of Australia’s multicultural jewels, and some locals are not happy.
ACCC whacks energy giant with $14m fine
A corporate giant has copped a $14m fine for misleading customers over prices.
Aussie shares snap three-day losing streak
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
What’s on in Melbourne this Friday
If you manage to dodge the supermarket rush this Friday public holiday in Melbourne, there is plenty to see and do around the city.
Green shoots ahead for Aussie economy: OECD
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
‘Not nearly enough’: Grim call on inflation
Inflation is coming down but experts are warning it isn’t yet time for Aussies to pop the champagne bottles to celebrate a rate cut.
Aussie shares dip lower on big bank fall
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
Aussie shares dip on hawkish Bullock
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
Common item smashing Aussie wallets
Despite more EVs and people working from home, Australian fuel prices increased at double the rate of inflation in the 12 months to June.
‘Nightmare’: Obstacle Aussie businesses hate
A high-profile Aussie businessman has backed a state premier, saying he is working hard to reduce every business’s worst “nightmare”.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
Aussie shares pull back from record high
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
Major issue in solving Aussie housing crisis
With Australia’s housing crisis ever-worsening, one group has revealed the 130,000-strong gap stopping it from being solved.
New work trend taking off in Australia
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
Expert’s huge call on Aussie interest rates
Leading Australian economists say the RBA will deliver a gift to cash-strapped households in February, but one key player is holding firm on a rate cut this year.
‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
Aussie shares hit fresh record on Fed fever
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
Australia locks in contentious new trade deal
Australia has signed a massive new trade deal with a Middle-Eastern powerhouse, but the agreement has sparked controversy.
New record high for Aussie shares
Growing jubilance around this week’s interest rate cut in the world’s largest economy propelled Aussie shares to a record high.
Big new change in Aussie housing market
Looking to buy your first home? The latest auction results could signal an important change in Australia’s ‘unstoppable’ housing market.
Why Gen Z can’t be their own boss
The cost-of-living has spooked eager Gen Zers from starting businesses in Australia, new research finds.
China launches flight to major Aussie city
A Chinese airline company has just announced new direct flights connecting mainland China with a major Aussie city.
‘Dividend deluge’ amid cost-of-living crisis
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
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.
Aussie crisis drives job loss fears
Aussies and business are growing increasingly fearful of a stagnating economy, with new concerns about potential job losses.
‘Lambo Guy’ reveals shock new investment
Self-made billionaire and Aussie car nut Adrian “Lambo Guy” Portelli has revealed his next big investment.
Cheese brand collapse threatens whole island
The closure of an iconic Australian food brand could have major impacts on hundreds of locals, who have described the decision as a ‘kick in the rear’.
‘Punching itself in the face’: RBA cops heat
A former federal treasurer and current Labor Party national president has come out swinging against the Reserve Bank, saying the RBA is ‘punching itself in the face’.
Banks, insurers ‘price gouging’ Aussies: union
The cost of managing your money, getting a loan, and insuring your possessions has gone up way more than the actual inflation rate in the past year.
Aussie’s fury as Temu knocks off her designs
An Australian graphic designer was left stunned when she discovered an online shopping giant was selling items eerily similar to her own.
‘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.
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.
45 houses unfinished as builder goes bust
Houses in one major city have been left unfinished as a builder that was serving a suspension is put into liquidation.
Aussies short-changed $5bn a year
Slow moving reforms to the way Aussie workers are paid superannuation is costing the workforce billions of dollars every year.
Worrying sign Aussies already in ‘recession’
Amid a cost of living crisis beleaguered Aussies have been warned to brace for an “economic horror show” up until Christmas.
Retail giant accused of huge rip-off
A Queensland mum has hit out at a retail juggernaut after it was caught selling near-identical copies of her best-selling item.
Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
Huge change for millions of workers coming
Massive changes to workplace laws kick in August 26 which will allow millions of employees to ignore calls from the boss out of hours.
Fresh hope for embattled airline
A judge has granted the administrators of Rex Airlines more time to find a buyer for the embattled airline, with possible offers already in the pipeline.
Aussie shares extend ripping winning streak
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
Why $100,000 a year isn’t enough anymore
Making $100,000 a year used to be a kind of salary holy grail for a lot of Aussies, but the country’s cost-of-living crisis has changed that completely.
‘Terrible year’: Domino’s financials fall flat
Domino’s investors opening the yearly results are having a tough time digesting the cold, soggy returns.
Dire warning for ‘stagnant’ Aussie jobs
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Huge cost of cyber attack revealed
Small Aussie businesses have glaring holes in their cyber security, and it’s costing them dearly as tougher penalties take effect.
China blow to cost Australia billions
Chinese manufacturing, and it turns out Chinese babies, have left their mark on the ASX on Monday despite the market closing up.
Bank boss’s warning in cost-of-living crunch
More Westpac mortgage holders are falling behind on their payments while the bank posts a flat $1.8bn profit for the latest quarter.
Industry risks collapse as cost crisis bites
With the rising cost of living stretching budgets further than ever, cost-conscious Aussies are cutting back. It’s left one key industry in a battle to survive.
One group keeping cash alive in Australia
A new report has made surprising findings about the use of cash and the number of businesses accepting cash in Australia.
Tiny detail on note sparks desperate warning
Counterfeit bank notes are circulating throughout one state and police are urging locals to look out for one tiny detail.
Big question Amazon can’t answer
Amazon executives are being grilled on the company’s murky development of AI and how audio recordings from inside homes are used.
‘No doubt’: Explosive CFMEU claims
Shocking claims about the controversial CFMEU have been made at a hearing into Australia’s cost-of-living crisis.
Bizarre way Telstra made $110m
Profits at Australia’s biggest telco have been slashed 13 per cent, but Telstra is still getting value from one particular pursuit.
Aussie economy delivers shock jobs boost
The latest employment figures beat expectations, with the Australian economy adding tens of thousands of new jobs.
Big bank’s great news for homeowners
Australia’s biggest bank has just delivered some heartening news for struggling mortgage holders.
Grim sign for Australian workers
A massive employment platform has just delivered some bleak news to Aussie job hunters.
Aussies buckle under ‘wageflation’ pressure
Wages are exploding across Australia, but there’s a downside to the money bump.
Resilient consumer sector lifts Aussie shares
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
‘False prophets’: RBA deputy’s warning
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
$21m Aussie company goes bust
A $21m healthcare company that specialises in a hi-tech wireless earbud has gone bust in a fallout with a key supplier.
Petrol, diesel car sales slip against EVs
The percentage of petrol and diesel cars sold in Australia is on a steady downward trajectory as the eco-conscious alternatives get more popular.
Major bank shuts down troubled lender
One of Australia’s banking giants has shut down a home loan lender, ending a 33-year-run for the troubled business.
Workers told to get back into offices
The largest employer in the country has ordered its staff to get back into the office as working from home appears done for good.
Aussies to pay more for booze
In another blow for struggling Aussies, the cost of a pint, carton or spirit is rising from Monday, as alcohol tax hikes kick in.
Lender desperate Aussies are turning to
A growing number of Australians are turning to a lender that finances people the major banks deem too risky.
‘Really tough’: Dark storm hitting Aussies
There’s a growing cloud of insolvencies ripping through Australian business and one cafe owner says he can’t catch a break.
Aussies warned as hopes of rate cut fade
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
150,000 still at risk of Triple-0 blackout
An approaching signal shutdown could knock out triple-0 calls for a huge number of Aussies, a leading telecommunications giant has warned.
Aussie shares dip lower in cautious trading
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
Aussies shares fall on US chaos, mining slump
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
Original URL: https://www.news.com.au/finance/small-business/page/3