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.
Small Business
‘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.
How some Aussies will get $21k super bump
New forecast shows the average Aussie will be $21,000 richer in retirement after change in payments from this month onwards. Here’s why.
‘Terrible’ blow to farmer after mice plague
A Queensland farmer had spent the last few years recovering from drought and a mice plague when another catastrophe threw “salt on the wound”.
‘Be careful’: Chilling warning amid IT crisis
Minister for Home Affairs Clare O’Neil says there have been reports of phishing scams amid the CrowdStrike IT outage.
‘Fed up’: Restaurant loses it at delivery trend
Hospitality business owners are struggling to cope with Uber Eats delivery drivers and riders committing shocking acts after collecting food orders.
Two reasons Aussies are ditching streaming
One of Australia’s largest banks has crunched the numbers to show Aussies are pulling back on streamers and ‘micro treats’ to maintain spending on the two key things that are most important to them.
1.2m new home dream already slipping away
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
New crisis to hit shoppers with higher prices
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Grim warning as tax cuts hit wallets
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
Aussie businesses wobbling on flat turnover
It’s been a difficult few months for business in Australia and there’s no end in sight, with turnover down for the month of May.
KFC entry triggers fury on famous street
Locals in one multicultural jewel are clucking with anger over plans for a new KFC restaurant in the area, with fears “little guys” could be pushed out.
Aussie stocks fall on iron ore, oil retreat
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Popular pizza chain quietly shuts down
A popular pizza chain has quietly shut its stores and online delivery service, becoming the latest victim of the nation’s hospitality bloodbath.
Slip shows dark turn in Aussie housing
Demand in Australia’s housing market could be easing off, with a shock fall in new lending commitments.
Cult-favourite pizza chain confirms worst
A cult-favourite pizza chain has abruptly closed stores in two Aussie cities, citing an all too familiar reason.
Bargain hunters turn out for early sales
The ABS has released its latest data on retail trade and building approvals, and the numbers show a boost for the Aussie economy.
Last drinks for ‘world’s toughest pub’
An Aussie pub that holds the world record for the most stabbings in one night is getting ready to pour its last drinks after it was listed for sale.
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
One state Aussies are fleeing to
Finance behemoth Commonwealth Bank has released its latest economic health check on the nation and there is one state blowing everyone else away.
ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Cold reality sends workers back to offices
A young Aussie has revealed the harsh reality that could send Gen Zers and Millenials back to offices.
ASX gains to close out positive week
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
Aussie fast food chain’s $3bn transformation
Ever wanted to own a Mexican fast food business? Well now you can, with burrito giant Guzman y Gomez going public today in a bid to take on kingpin McDonald’s.
‘Why?’: Cost crisis kills unique cafe
A unique cafe in Perth, which survived the challenges of Covid-19 and even a road closure, is the latest to be struck down by new insurmountable pressures.
Sooky neighbour’s win over local cafe
Thousands of coffee-lovers are angry after a cafe was forced to make major changes to its operations to keep one peeved neighbour happy.
500 jobs at risk as company collapses
A farming business with operations across the country has entered voluntary administration, putting 500 jobs at risk.
Reality star closes pyjama business
An Aussie reality TV star has been forced to close her “passion project” business just four years after it began trading.
Another blow to Sydney as loved venue shuts
The future of a celebrated Sydney live music venue, incessantly targeted by NIMBYs, now looks in doubt further damaging the city’s nightlife.
All the changes coming next month
From tax to minimum wage, the financial landscape for Australians will change dramatically from July 1. Here’s what’s coming.
Major Chemist Warehouse move hits millions
A takeover deal that would affect millions of Aussies has just hit a potential roadblock.
‘Gut punch’: Major retailer copies bestseller
The well-known Australian retailer has been accused of creating an item that is identical but selling it for almost $70 less.
Push to get 500,000 Aussies a pay rise
Unions have launched a landmark bid to abolish the junior pay rates for half a million young workers.
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.
Cost of Aussie breakfast staple to soar
Bad weather and disease is making an iconic Aussie breakfast staple harder to find on supermarket shelves – and farmers reckon prices are going to get even worse.
Yoga teachers beat tradies on migrant list
Amid a housing crisis and building companies going bust, a draft list of priority migrant workers has fast-tracked yoga teachers above some tradies.
Beloved restaurant closes after 13 years
A beloved up-market eatery in a well-heeled suburb of Melbourne has closed for good, serving its final customer on Saturday night.
Millions of Aussies set for pay rise
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
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.
Country pub’s stoush over ‘grass paddock’
A country pub is in deep water with its local council for allowing travellers in self-contained caravans to park overnight on their property.
‘Disaster’: Screen fears grow on Furiosa flop
Mad Max: Furiosa is the latest flop to hit Aussie cinemas in 2024. And now movie operators are ringing the alarm bells.
‘Very sad’: Iconic Melbourne restaurant closes
A much loved Italian restaurant in Melbourne is the latest business to close its doors after more than four decades.
‘Everyone wins’: Surprise company tax call
Labor’s Industry Minister is advocating for a cut in corporate taxes to help companies have the capital to invest in the future.
Concerning find at fish and chips shops
New research shows the ubiquitous ‘flake’, which is often used at fish and chip shops, might not be the fish it should be.
Aussie shares rebound in broadbased rally
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Grim warning for Aussie hospitality sector
Aussie hospitality businesses have been hit with grim financial forecasting for the year – unless one consumer trend changes.
Woolies boss’ big call on monster profits
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
‘Urgent’: Blackout risk as green power stumbles
The Australian Energy Market Operator is warning of “reliability gaps” without the ‘timely’ delivery of more transmission and energy infrastructure.
Aussie bank ditches cash payments
One of Australia’s largest financial services providers is going cashless at its offices but has promised customers cash withdrawal fees from ATMs will be covered.
Surprise plan Aussies have for tax cut cash
Aussies are about to get a tax cut cash boost and most will ‘spend’ it in a surprising way.
Surprise new skills employers are looking for
An AI revolution is sweeping through the Australian workplace and one of the world’s biggest tech companies says hiring is going to change forever.
Millions to fight tradie shortages
The federal government says Australia needs more tradies to reach its ambitious housing goal and has a plan to achieve it.
Why Thai restaurant sign enraged Aussies
The owner of a popular Thai food joint has come under fire for surprising charges on his menu.
How restaurants plan to win over diners
Restaurant owners are finding creative ways to entice customers to dine in amid increasing cost of living pressures.
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
How collapsed airline got it so wrong
Upstart airliner Bonza launched in Australia with budgie-smugglers and purple cocktails, but 18 months later the low-cost carrier collapsed. Here’s why.
How mum’s genius idea made $2million
An accident at home helped an Aussie mum launch her own business – and it’s now on-track to make $2 million just over two years later.
Agent sells buyer wrong property
A woman was shocked to discover she had been sold the wrong property by her real estate agent.
Former Bachelor’s booming wine brand
An entrepreneur once declared one of Australia’s most eligible bachelors has gone from living in a garage to running a mega wine brand.
Japan-inspired changes coming to 7-Eleven
The chief executive of 7-Eleven has hinted at some big changes to the renowned brand, with a Japanese influence on the cards.
Eye-watering price for half-built house
The scars of Australia’s gathering construction liquidation crisis can be seen in the unfinished homes littered across major cities.
Aussie petrol prices hit all-time high
Major cities across Australia have notched record high fuel prices this week, amid a worrying cost-of-living crisis.
Original URL: https://www.news.com.au/finance/small-business/page/5