Business news

• Regional shire warns state rate reforms would bankrupt council

  18-11-2025 22:33 via abc.net.au
  
  The Mount Magnet shire says its reserves would shrink from $3 million to $300,000 if a bill to block shires from rating certain mining land is passed.
  
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• Wages growth data quashes rate cut hopes — as it happened

  18-11-2025 21:51 via abc.net.au
  
  ABS figures show that workers received an average base pay increase of 3.4 per cent over the year to September. Webjet shares soar after a takeover offer from rival Helloworld. Here's a look back on how the business day unfolded.
  
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• Live: Webjet shares soar on takeover offer, wages growth up 3.4 per cent

  18-11-2025 21:51 via abc.net.au
  
  ABS figures show workers received an average base pay increase of 3.4 per cent over the year to September, in line with the previous quarter and economist forecasts.
  Webjet shares soar after a takeover offer from rival Helloworld. 
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• Live: ASX to keep falling, as Wall St extends tech sell-off on AI valuation fears

  18-11-2025 21:51 via abc.net.au
  
  The Australian share market is likely to fall in morning trade ahead of the latest ABS inflation data, while the Nasdaq rises above 17,000 points for the first time ever. Follow live.
  
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• Live: ASX opens steady as Wall St extends tech sell-off on AI valuation fears

  18-11-2025 21:51 via abc.net.au
  
  The Australian share market is trading relatively flat ahead of the latest ABS data on wages while Wall Street continues to slump on concerns about the extreme valuations of AI-related companies. Follow live.
  
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• Timber workers lose jobs at Victorian sawmill weeks before Christmas

  18-11-2025 21:43 via abc.net.au
  
  A Gippsland sawmill owned by Australia's largest softwood producer is set to shut immediately, with more than 70 jobs lost.
  
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• Business sells large fleet of Robinson R22 mustering helicopters

  18-11-2025 21:31 via abc.net.au
  
  HM Air, formerly known as Heli-Muster NT, has sold all 14 of its Robinson R22 helicopters as it diversifies the business. 
  
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• Is Victoria really facing a gas shortfall?

  18-11-2025 21:16 via abc.net.au
  
  Victoria produces more gas than it uses, so how is the state on the verge of a gas shortfall?
  
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• Hobart city block previously marked for UTAS precinct purchased by car dealership

  18-11-2025 21:14 via abc.net.au
  
  A confidentiality agreement over the sale of a city block previously proposed as a university precinct has lifted, revealing a major Australian car dealership as the successful buyer.
  
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• Crackdown on money transfers identified 45 suspected paedophiles

  18-11-2025 20:43 via abc.net.au
  
  A crackdown on online payment services reveals "multiple examples of high-risk customers", as the Australian regulator orders a global company to appoint an external auditor.
  
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• Crackdown on money transfers for child sex abuse material nets 45 people

  18-11-2025 20:43 via abc.net.au
  
  A crackdown on online payment services reveals "multiple examples of high-risk customers", as the Australian regulator orders a global company to appoint an external auditor.
  
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• Power poles wrapped in protective mesh ahead of bushfire season

  18-11-2025 20:01 via abc.net.au
  
  A fire-resistant mesh is being used to protect thousands of wooden power poles from bushfires across the NSW Central Coast and Hunter regions.
  
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• 'What went wrong?' Triple Zero death raises questions over TPG's actions

  18-11-2025 19:47 via abc.net.au
  
  There are growing questions about whether one of Australia’s largest telcos could have done more to ensure customers would be able to call Triple Zero.
  
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• Samsung phones 'slipped through the cracks' before Triple Zero tragedy

  18-11-2025 19:47 via abc.net.au
  
  There are growing questions about whether one of Australia’s largest telcos could have done more to ensure customers would be able to call Triple Zero.
  
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• How retirees are failed by Australia's superannuation system

  18-11-2025 19:46 via abc.net.au
  
  Superannuation products that fail the federal government's performance test are still offered to those already retired at potentially huge cost, the consumer advocate says.
  
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• Nintendo gave away millions of games for free. The risk paid off

  18-11-2025 19:30 via abc.net.au
  
  Innovative motion controls and accessible design made the Nintendo Wii one of the most popular consoles of all time.
  
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• Roblox promises age checks as Australia's under-16 social media ban looms

  18-11-2025 16:45 via abc.net.au
  
  The company says age verification checks will start in early December, around the same time Australia's social media ban for under-16s is set to come into effect.
  
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• Australia among 3 countries to trial Roblox age checks

  18-11-2025 16:45 via abc.net.au
  
  The company says age verification checks will start in early December, around the same time Australia's social media ban for under-16s is set to come into effect.
  
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• Prime Minister hails WA role in critical minerals deal with US

  18-11-2025 10:27 via abc.net.au
  
  Prime Minister Anthony Albanese visits the future West Australian gallium processing plant site, central to the United States critical minerals deal, heralding it as a "game changing" project.
  
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• Police tap Westfield shopping centre cameras to track criminals

  18-11-2025 08:27 via abc.net.au
  
  Cameras that record the number plates of all the vehicles that enter one of Perth's biggest shopping centres are being used to track criminals, WA police have revealed.
  
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• Police gain access to Westfield Carousel cameras in crime crackdown

  18-11-2025 08:27 via abc.net.au
  
  Cameras that record the number plates of all the vehicles that enter one of Perth's biggest shopping centres are being used to track criminals, WA police have revealed.
  
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• Rude shock for Australia as South Korea unshackles from coal reliance

  18-11-2025 07:35 via abc.net.au
  
  In a move that has been welcomed by climate campaigners, South Korea has vowed to phase out coal, sparking a warning for Australian exporters.
  
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• Australia in for a rude shock as major trading partner ends coal reliance

  18-11-2025 07:35 via abc.net.au
  
  In a move that has been welcomed by climate campaigners, South Korea has vowed to phase out coal, sparking a warning for Australian exporters.
  
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• Plan for 24-hour McDonald's near primary school blocked by council

  18-11-2025 07:31 via abc.net.au
  
  Parents in the regional Victorian town of Bendigo celebrate after a planned 24-hour McDonald's development is knocked back by the council. 
  
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• Worker's death overshadows BlueScope AGM

  18-11-2025 06:58 via abc.net.au
  
  Shareholders and executives observe a minute’s silence at BlueScope’s AGM for the young worker killed at Port Kembla steelworks.
  
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• Parents in 'childcare desert' scrambling as operator goes into administration

  18-11-2025 06:27 via abc.net.au
  
  One of the few childcare operators in Broken Hill has closed its doors indefinitely with 24 hours warning after entering voluntary administration.
  
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• Gold Coast councillors reject plans for more than 100 affordable units

  18-11-2025 06:16 via abc.net.au
  
  Gold Coast councillors reject plans for more than 100 affordable housing units over concerns about car parks and neighbourhood character, despite nearby light rail and a growing need for social housing.
  
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• Asbestos sand contamination was a fluke discovery in an Australian lab

  18-11-2025 05:50 via abc.net.au
  
  An Australian lab discovered asbestos in children's play sand by chance and regulators only found out about it because of a podcast interview, the ABC can reveal.
  
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• First witness in CFMEU inquiry says bosses 'revelled' in being feared 

  18-11-2025 05:30 via abc.net.au
  
  A probe into the CFMEU has begun in Brisbane, examining allegations of bullying, violence and misogyny at the powerful construction union. 
  
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• No extra jail time for off-duty pilot who tried to cut engines midair

  18-11-2025 04:54 via abc.net.au
  
  A US judge has ruled that a former Alaska Airlines pilot who tried to disable the engines of a passenger jet mid-flight while riding off-duty in the cockpit will not serve additional prison time.
  
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• Rio Tinto to slash alumina production in Queensland impacting 180 jobs

  18-11-2025 00:28 via abc.net.au
  
  Rio Tinto reveals it will cut alumina production at its Gladstone refinery by 40 per cent, as concerns are raised about the future viability of the facility.
  
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• Rio Tinto to slash alumina production in Qld with 180 jobs affected

  18-11-2025 00:28 via abc.net.au
  
  Rio Tinto reveals it will cut alumina production at its Gladstone refinery by 40 per cent, as concerns are raised about the future viability of the facility.
  
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• Residents plead with court to reject proposed plastic recycling plant

  18-11-2025 00:00 via abc.net.au
  
  Normally confined to four walls, the Land and Environment Court holds a site hearing in the NSW Southern Highlands to hear residents' concerns about a proposed recycling plant.
  
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