The postal group chief says it’s ‘inevitable’ that deliveries will be cut to every third day, arguing the ‘reform’ is needed in order to survive competition from foreign providers and the gig economy.
Shares in the AI data company plunged as it assured shareholders it is poised to capitalise on a once-in-a-lifetime shift driven by generative AI.
The country’s largest plumbing group will power on with its expansion strategy as it looks to offset concerns that a housing slowdown will continue, despite rate cuts.
The local sharemarket is poised for more pain on Monday, with poor US leads and a mixed corporate profit outlook adding to last week’s woes.
Australia’s largest super fund has been fined after failing to merge duplicate accounts, leading to about $69m in losses for more than 90,000 members.
The pallet giant’s boss says the threat of tariffs from US President Donald Trump could work in its favour, as Brambles recorded it’s the first pick-up in business volumes in two years.
Facing headwinds in Australia, James Hardie bets on US growth and material conversion strategies to drive future earnings as it watches for US tariffs.
Economists warn that the central bank’s cautious approach suggests limited rate relief ahead as inflation concerns and a tight labour market weigh heavily.
Job listings platform Seek sees early signs of recovery, with an interest rate cut from the Reserve Bank set to boost hiring confidence in the coming months.
Labor alumnus Ross Garnaut pushed the Australian Financial Review to publish an opinion piece demanding the Reserve Bank cut interest rates on an exact day.
Original URL: https://www.theaustralian.com.au/author/matt-bell/page/2