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.
Breaking News
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.
Major update after Booktopia collapse
Struggling book retailer Booktopia has been purchased by an electronics businessman after falling into voluntary administration earlier this year.
Casino regulator buries Bell probe into Star as doubts raised
Documents submitted to the Bell inquiry raise new questions over just how committed the NSW casino regulator had been in its part around Star’s reform efforts.
Canberra’s big call on inflation claim
Finance Minister Katy Gallagher has acknowledged public spending was partly fuelling inflation, but is downplaying the federal government’s role.
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.
Aussie shares end week up
Steadfast on not cutting rates anytime soon, the RBA governor’s comments have done little to dampen the mood on the ASX on Friday.
‘Harsh winter’: Warnings weigh on ASX miners
Serious concerns from steel makers in China and big drops in key energy and medical stocks weighed on the ASX Thursday.
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.
How ASX responded to shock court action
Australia’s corporate watchdog sparked alarm in the markets after it announced court action against the ASX over alleged misleading statements.
Dark warning in CBA’s 9 billion profit reveal
Commonwealth Bank has revealed loan arrears are on the rise, as it posts a $9.48bn statutory profit for the full year.
Seven profit slashed more than 60 per cent
Despite slashing jobs the dominant Aussie TV station has fallen deep into the red, buried by declining ad spend and losing the Olympics.
Healthcare stocks dragged down by CSL
The ASX made a third-straight day of gains after a week of global volatility, with financial and consumer stocks pushing a marginal gain.
Aussie wages rise for June quarter
Australian wages have ticked up nearly 1 per cent in the past three months.
Deadly risk in common Bunnings item
A common item sold at Bunnings Warehouse stores across the country has been recalled over fears it could seriously injure or kill young children.
ASX fights back after more US pain
The ASX has clawed back some ground after sweeping meltdowns on global sharemarkets led to big losses at the start of the week.
‘Not on agenda’: RBA’s grim rate cut outlook
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
‘Not on agenda’: RBA’s grim rate cut outlook
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
Recession fears as ASX sees $102bn wipe out
The worst day on the Aussie stock exchange in four years has seen more than $100bn of value evaporate.
‘Probable’: ASIO raises terror threat level
Australia’s terror threat has been increased in part because of a deterioration of social cohesion exacerbated by social media.
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.
Major new move after Rex collapse
The management of how airlines access Australia’s biggest airport will be changed following Rex Airlines’ collapse.
Huge rates prediction ahead of RBA meeting
Mortgage payers have been warned against complacency, despite expected welcome news around Tuesday’s all important cash rate announcement.
‘Two masters’: PwC CEO’s $1.2m secret
PwC’s chief executive is facing a grilling over his “profound conflict of interest” in a probe into the firm’s infamous tax scandal.
Value of Aussie homes nears $11 trillion
The total value of Australia’s residential dwelling stock has set a new record, climbing to $10.7 trillion in the March quarter.
ANZ makes horror 2025 rates prediction
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
Costello quits Nine after airport clash
Former federal treasurer Peter Costello has quit as the chairman of media giant Nine three days after a controversial incident with a journalist.
ASX climbs as Wall St resets record
After a tech-propelled rally on Wall Street overnight, the Australian share market followed suit.
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.
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.
‘Bulls**t’: Huge call on tradie shortage
Despite a critical housing shortage and a suite of construction liquidations, a powerful union says there is no tradie shortage – only a plan to bring in migrant workers.
Economic growth grinds to a halt
Treasurer Jim Chalmers has acknowledged the economy is “barely growing”, after GDP increased by just 0.1 per cent in the first three months of 2024.
ASX gains as GDP causes concern for many
The Aussie share market has seen a promising close to Wednesday despite the latest GDP data showing weak economic growth.
Aussie economy a ‘heartbeat’ from recession
With households paring back spending, analysts expect Wednesday’s GDP figures will show Australia’s economy slowing to a crawl and being a “heartbeat” away from a recession.
ASX slips on commodity sell-off
Following a two-session rally, shares on the Australian stock market slipped as iron ore and oil prices tumbled.
ASX pares back losses as financials rally
The Australian share market has started the week in positive territory, as it extended its gains thanks to the big banks.
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.
$5bn to develop new airport gateway
Qantas has announced its biggest airport infrastructure deal in its history, which is set to open up economic growth and tourism in one Australian state.
More bad news for the housing crisis
With the commencement of the Albanese government’s 1.2 million homes target less than one month away, housing approvals continued to disappoint.
More bad news for the housing crisis
With the commencement of the Albanese government’s 1.2 million homes target less than one month away, housing approvals continued to disappoint.
‘Still strength’ in inflation, RBA warns
The central bank has issued a note of caution following the release of firmer-than-expected inflation figures.
‘Disgrace’: Another uni underpays staff
Another major Australian university has confessed to underpaying staff, with the union saying the issue is widespread.
‘November 2025’: Brutal rate cut call
Amid concerns that simmering price pressures will delay much needed interest rate cuts, price pressures intensified in April to 3.6 per cent.
‘November 2025’: Brutal rate cut call
Amid concerns that simmering price pressures will delay much needed interest rate cuts, price pressures intensified in April to 3.6 per cent.
Aussies’ retail spending ‘grinds to a halt’
The latest retail trade figures have revealed that many Australians are keeping a close eye on their spending in the retail sector.
Aussies’ retail spending ‘grinds to a halt’
The latest retail trade figures have revealed that many Australians are keeping a close eye on their spending in the retail sector.
Grocery giant delivers epic winter price drop
The country’s biggest retailer has slashed the price on more than 450 products, to help get Aussie families through the winter. Here’s how you can save.
Bold bid to consider public bank
With hundreds of bank branches closing in recent years, a parliamentary probe into the matter has delivered its final recommendations.
Bold bid to consider public bank
With hundreds of bank branches closing in recent years, a parliamentary probe into the matter has delivered its final recommendations.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/2