Commodities crash coming in fast at Macquarie
The exit of the bank’s commodities powerhouse and leadership contender Nick O’Kane marks another shift at Macquarie.
Technology
ASX down as major drug trial scrapped
The Australian sharemarket fell on Monday after biotech giant CSL dropped its plans to continue with a major drug trial.
ASX down overall for the week
It was a mixed day for the Australian sharemarket, which was down overall for the week.
Tech, banking help ASX close higher
The Australian sharemarket made gains on Thursday in sectors including technology, banking and utilities.
Utes, SUVs risk price hikes, industry warns
New vehicle emissions caps, designed to force car makers to offer more low emissions models to Australia, could crimp the supply and affordability of utes and SUVs, the automotive industry has warned.
Why Musk has been forced to shift gears at Tesla
The multi-billionaire is attempting to respond to higher rates and cooling demand with the one thing he knows. Disruption.
By playing politics, Albanese runs from real tax battle
The Reserve Bank will have the final say on tax changes with a spending boost adding to the case for higher-for-longer interest rates.
Optus triple-0 outage fail finally revealed
More than 2000 Optus customers were unable to contact triple-0 during the telco’s outage last month, 10 times the number first reported.
Blockchain start-up collapses owing $14m
An Australian blockchain start-up lauded as the future of banking and with key backers from some of the country’s biggest financial institutions has collapsed.
$650 million economic nightmare facing Aus
One state is facing a massive economic blow after a major mining company announced its refinery would gradually close.
State facing $650m blow after shutdown
One state is facing a massive economic blow after a major mining company announced its refinery would gradually close.
‘Expensive waste’ to create new CBD
The agency delivering Sydney’s third CBD has spent $4.5m on consultants, with staff taking several overseas trips, with just “a visitor’s centre to show for it”.
Scary scam that rips off Aussies in seconds
A cybersecurity expert has revealed how an emerging scam can rip Aussies off using as little as ‘three seconds of audio’.
ASX records four-day losing streak
The local benchmark continued to lose ground amid continued uncertainty over the timing and depth of rate cuts.
Employees put on notice for WFH in 2024
Working from home is a perk many employees have been enjoying since the Covid-19 pandemic, but that could change for many people in 2024.
$1bn rip off: How banks are taking Aussies’ money
Millions of Australians are being ripped off from their everyday purchases because of a sneaky tactic banks are doing every time you use your credit card.
Teen reveals secret to $1m business
A 19-year-old entrepreneur has revealed how he managed to start a successful business at such a young age and gives his one tip to anyone wanting to start their own company.
Too hard to ignore: The three big themes flying into 2024
We were taken on a wild ride over the past year but it offered plenty of valuable lessons for business.
Why the ACCC wants to shift the power balance in mergers
New proposals could change the way businesses approach deal making in Australia, says competition boss Gina Cass-Gottlieb.
Australian shares near record high
Australian shares advanced on Wednesday, as a record breaking session on Wall Street helped propel the local market to just 1.2 per cent below record levels.
‘This will be the test’: bosses brace for slowdown
The nation’s chief executives have warned that successive rates hikes are biting. The economy is resilient but Australia faces a major challenge ahead, they tell the 2024 CEO Survey.
$5.4bn day: Why dealmaking is suddenly hot again
A late frenzy shows the mood is rapidly changing after what has been a pretty ordinary year for mergers and acquisitions.
Huge problem with extended warranties
A consumer law expert has revealed how extended warranties sold by Aussie retailers aren’t really worth what you pay for them, as JB Hi-Fi faces a lawsuit over claims it sold “junk” warranties for more than a decade.
Cyber shock threat keeps CEOs awake at night
Bosses and industry leaders are almost unanimous in what they consider the biggest external threat to their business, according to The Australian’s 2024 CEO Survey.
Warning as Bitcoin surges 160 per cent
Bitcoin is now up 160 per cent over the past 12 months and shows no signs of slowing down, but not everyone is jumping back on board.
Missing the action: Behind BHP’s call to sit out lithium
By the end of the decade shareholders will be either cursing the miner for missing the potential, or thanking it for holding its nerve.
Major change for 115,000 workers
One of Australia’s largest employers has announced a major change in support for its 115,000 workers.
Billionaire’s shocking WFH confession
Atlassian’s billionaire co-founder Scott Farquhar has made a shocking admission about exactly how much time he spends working from the office.
Company’s shock bounce back on ASX
One company has managed to secure top spot on the Australian share market after losing nearly 20 per cent of its price the previous day.
How the plan to up-end a retail empire was hatched
A tour of the US and Europe added urgency for Solomon Lew to push ahead with an audacious bid to split his empire. But it would come at a cost.
Share price nosedives as ASX drops
The Australian share market has started the week off on a low but one company has taken the cake in terms of stock price.
New job paying $1.4 million for talent
A host of high-profile companies are offering eye-watering salaries as they look to hire workers with a new and controversial skill.
Telstra-TPG’s battle for mobile deal not over yet
Instead of a legal fight, both telcos are studying options to modify and possibly revive the stalled network-sharing deal.
Fury over Twitter’s child safety policy
Aussie politicians were left gobsmacked and enraged after X executives contradicted the company’s own stated approach to online child safety.
‘May not survive’: WFH company’s 97% crash
WeWork, the struggling rent-a-desk company, has admitted it likely won’t survive the year amid a sensational 97% crash in its share price.
Big day for seven companies on ASX
It’s been a somewhat rocky but mostly positive day of trading on the ASX, as seven stocks hit their highest levels in a year.
Tax fines jump 10,000% in huge ‘crackdown’
As the fallout from the PwC scandal continues, the federal government has announced a raft of major changes in response to tax misconduct.
Meet the AFL talent scout sitting on top of $250bn
The Future Fund’s new top stockpicker blends neuropsychology and an instinct for football to deliver outsized returns.
Aussie bank’s gamechanging new move
Australians wanting to break free from streaming services will be given even greater freedom with a new banking feature,
ASX dips at start of week
Share prices in the mining sector have plummeted on Monday, triggered by the declining price of one product.
Tech giant’s Aussie job cuts
Dozens of Australian workers have been made redundant by a tech giant just months after more than 10,000 jobs were cut.
ANZ didn’t want ‘distraction’ of Suncorp, now it is all in
ANZ’s efforts to get one of the last remaining banking deals away hangs in the balance with a late push to delay the regulator’s ruling until early next month.
Aussie tech billionaire splits from wife
An Australian tech billionaire worth $19 billion has reportedly split from his wife after 13 years of marriage.
Another sign Aussies are doing it tough
In more troubling signs for the economy, Australians are spending less in this area, with cracks forming in the digital economy.
Woman’s rant about $50 note goes viral
A Melbourne woman’s rant to her local newspaper about the dangers of moving to a cashless society has resonated with thousands of Aussies online.
India’s most valuable start-up is in crisis
The tech giant promises it will release its financial results after half its board quit, 3000 employees were laid off and its offices were raided.
Business sells for $1, new CEO from Singapore
PwC Australia has appointed a new boss and made a shock $1 decision as it attempts to stem the fallout from the tax leak fiasco.
Why AGL needs to think more like Macquarie in green rebuild
The road to becoming a green energy giant will also require the 186-year-old company to undertake its own mammoth transformation.
‘Climate wars are over’: Combet’s new green battle
The former Labor minister is returning to Canberra again, this time with a new brief – part troubleshooter and part catalyst for billions in green investment.
Changes to NBN home devices to meet huge green targets
NBN boss Stephen Rue wants all its energy consumption to come from renewable sources in just over two years, and the black box in 10m homes holds the key.
Original URL: https://www.thechronicle.com.au/business/companies/technology/page/4