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Another bank announces job cuts — as it happened
The share market closes lower after Wall Street surges. Meta raises the lower end of its spending forecast to fund its AI expansion. Look back at the day's financial news on our business blog.
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Underpaid super affects one in four workers, with billions never recovered
One in four Australian workers have been underpaid their super — many, along with industry experts, are calling on the tax office to be more "proactive" in addressing the billions that goes unrecovered each year.
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One in four workers underpaid super, with only 15pc recovered by ATO
One in four Australian workers have been underpaid their super — many, along with industry experts, are calling on the tax office to be more "proactive" in addressing the billions that goes unrecovered each year.
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ATO criticised for not tackling underpaid super affecting millions of workers
One in four Australian workers have been underpaid their super. Many of them, along with industry experts, are calling on the tax office to be more proactive in addressing the billions that go unrecovered each year.
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ATO criticised for 'not going in to bat' for millions of Australians underpaid super
One in four Australian workers have been underpaid their super — many, along with industry experts, are calling on the tax office to be more "proactive" in addressing the billions that goes unrecovered each year.
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ASX set for flat start, Wall Street climbs; Meta ordered to pay $36 billion in privacy case; Tesla beats expectations
The US stock market is ticking higher as strong profit reports from SpaceX, Capital One Financial and other big companies offset updates from Netflix and AT&T that investors found disappointing.
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Sydney's new metro line has a launch date
Commuters will be able to cut down on travel time, with the service connecting the south-western suburbs to the Sydney CBD, north-Sydney and the north-western suburbs.
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Sydney Southwest Metro set to open after 130yo train line replaced
Commuters will be able to cut down on travel time, with the service connecting the south-western suburbs to the Sydney CBD, north-Sydney and the north-western suburbs.
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NSW reveals opening date of long-awaited Southwest Metro line
Commuters will be able to cut down on travel time, with the service connecting the south-western suburbs to the Sydney CBD, north-Sydney and the north-western suburbs.
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Will an AI-cloned free tool spell the end of expensive software?
Software developers say they can use AI to "take back the internet" in what some are calling the dawn of a new era in online piracy. Here's why.
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Could software cloning change the way we use the internet?
Software developers say they can use AI to "take back the internet" in what some are calling the dawn of a new era in online piracy. Here's why.
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ASX set for flat start, Wall Street climbs; Meta ordered to pay $36 billion in privacy case; Tesla results ahead
The US stock market is ticking higher as strong profit reports from SpaceX, Capital One Financial and other big companies offset updates from Netflix and AT&T that investors found disappointing.
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Vodafone says 24 million scam calls came via one little-known company
Vodafone's owner TPG says it was forced to speak publicly about its frustration over scam calls after reports to the regulator were not addressed.
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Vodafone says 24 million scam calls came via Aussie Broadband
Vodafone's owner TPG says it was forced to speak publicly about its frustration over scam calls after reports to the regulator were not addressed.
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Telco goes public over scam calls it says flowed through rival network
Vodafone's owner TPG says it was forced to speak publicly about its frustration over scam calls after reports to the regulator were not addressed.
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Supercharged fire seasons now threaten half Australia's homes: report
With a strong El Niño summer looming, modelling reveals fire seasons are 21 per cent longer than they were 50 years ago, cause $6b in damage a year, and 5.6 million homes are at risk.
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Longer fire seasons mean almost half of Australian homes face bushfire risks
With a strong El Niño summer looming, modelling reveals fire seasons are 21 per cent longer than they were 50 years ago, cause $6b in damage a year, and 5.6 million homes are at risk.
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Bushfires cost Australia $6b a year as El Niño summer looms, report finds
With a strong El Niño summer looming, modelling reveals fire seasons are 21 per cent longer than they were 50 years ago, cause $6b in damage a year, and 5.6 million homes are at risk.
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OpenAI says its AI agents disabled their own safety monitors
The agents weakened or disabled systems designed to catch them misbehaving, and one later denying it had done so.
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OpenAI says its agents disabled their own safety monitors
The agents weakened or disabled systems designed to catch them misbehaving, and one later denying it had done so.
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House prices across capitals post steepest quarterly decline ever: Domain
For only the second time ever, house prices have fallen across all Australian capital cities, falling by 4.7 per cent last quarter, the steepest drop on record.
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House prices across capitals post steepest quarterly decline ever
For only the second time ever, house prices have fallen across all Australian capital cities, falling by 4.7 per cent last quarter, the steepest drop on record.
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E-scooter hospitalisations more than tripled since 2019
A report from the Australian Institute of Health and Welfare (AIHW) has found e-scooter hospitalisations have more than tripled since 2019.
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E-scooter hospitalisations more than triple since 2019
A report from the Australian Institute of Health and Welfare (AIHW) has found e-scooter hospitalisations have more than tripled since 2019.
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France faces a ‘doom loop’ as it spirals downwards
A perfect storm of unhappy citizens and wary investors has France facing an economic crisis.
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Data centre gas plant could be mothballed after two years, court told
Developers behind a proposed $23 million gas-powered power plant required for a data centre have told a court they want the project to be powered by the grid as soon as possible.
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Japanese top chef sacked after drinking on the job wins $11k payout
A chef worked at a high-end Sydney restaurant. The fair work umpire ruled his dismissal was harsh, unjust and unreasonable.
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ASX finishes higher as banks rise, NextDC tanks; CSL names new CEO
The Australian sharemarket whipsawed on Wednesday as banks and tech stocks advanced and data centre company NextDC plunged.
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Plans for commercial helium production on Yorke Peninsula
The region is expected to become Australia's only helium production site within 18 months, helping address a global shortage of the rare and vital gas.
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Manhattan Gold reveals high-grade 2.25KM Canadian gold footprint
Manhattan Gold’s maiden drilling revealed district-scale potential at its Hook Lake project in Canada, with high-grade gold and a new polymetallic discovery uncovered.
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Childcare chain collapses amid wave of closures
Shared Beginnings entered administration this week after its centres operated "at a loss", casting another shadow on a sector undergoing a wave of closures.
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Childcare chain collapse highlights private credit risks
Shared Beginnings entered administration this week after its centres operated "at a loss", casting another shadow on a sector undergoing a wave of closures.
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Fortescue senior executive sacked after sexual harassment probe
A senior executive at Andrew Forrest's Fortescue Metals Group has been sacked following an investigation into allegations of sexual harassment and bullying at the iron ore miner.
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McDonald's bid for Phillip Island restaurant knocked back by council
A council in Victoria's south-east has rejected an application from fast food giant McDonald's to open a restaurant on Phillip Island.
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Inside Ben Roberts-Smith’s media campaign for support
The disgraced war hero’s public relations offensive includes a two-and-a-half hour media interview, the launch of a clothing brand and an Instagram page.
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Mining giant fires top executive after sexual harassment probe
The Andrew Forrest-backed miner has sacked a manager at the centre of a months-long sexual harassment and bullying investigation.
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Locksley gears up for major NSW copper-gold drilling push
Locksley Resources established a field base at its vast 1000-square-kilometre Greater Tottenham copper-gold project in NSW, advancing plans for a 15,500m drilling blitz.
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AI data centre company cold calling about buying land, inquiry told
Consultants for an AI data centre company have been cold calling residents in north-west Tasmania wanting to buy their land, the Greens say.
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Red Metal scales up leach tests at QLD rare earths monster
Red Metal is putting its monster Sybella rare earths resource to the processing test, kicking off six-metre column leach trials to prove whether it can develop a cheap, heap leaching QLD operation.
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Orbit strikes more massive sulphides in NSW’s Lachlan Fold
Orbit Resources has hit 11.8m of massive sulphides at its Lewis Ponds project in NSW, including 3.55m estimated at 50 of the precious sulphides, with assays pending.
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Last drinks for Boag's as final Tasmanian beers roll off production line
The Tasmanian brewery has been operating longer than the state has had electricity, but now, the state icon will be brewed elsewhere.
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ASX falls after RBA’s Hauser fuels rate hike bets; NextDC tanks after profit warning
The Australian sharemarket has dipped back into the red, weighed down by hawkish Reserve Bank comments and a plunge NextDC shares.
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Sarytogan study puts 50-year plan around Kazakh graphite giant
Sarytogan Graphite’s definitive feasibility study has valued its 50,000tpa Kazakh graphite project at A$190M, with just A$115M in upfront capital earmarked for a 50-year operation.
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Sarytogan reveals $190M Kazakh graphite plan spanning 50 years
Sarytogan Graphite’s definitive feasibility study has valued its 50,000tpa Kazakh graphite project at A$190M, with just A$115M in upfront capital earmarked for a 50-year operation.
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Tech giant shares plunge 40pc by delays to Melbourne data centre
Community opposition to one of Victoria's largest data centres has seen the value of shares in NextDC plummet.
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Tech giant shares plunge 40pc after delays to Melbourne data centre
Community opposition to one of Victoria's largest data centres has seen the value of shares in NextDC plummet.
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Platina stakes claim on massive NT tin system
Platina Resources has applied for a vast NT tin tenement package, uncovering four intriguing magnetic targets that could hold the key to a decades-old geological mystery.
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RBA deputy warns inflation outlook 'materially worse' as next decision looms
As markets put the chance of a rate hike in November at 42 per cent, Reserve Bank deputy governor Andrew Hauser warns of a "central banker's nightmare".
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Could a 164-year-old Swiss giant quit Switzerland?
With financial behemoth UBS and the Swiss government at loggerheads, an unthinkable scenario is being spoken about out loud.
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Elon Musk’s $5 trillion monster: Tesla and SpaceX exploring the biggest merger in history
Elon Musk says the companies have taken preliminary steps towards sealing what would rank as the largest corporate tie-up of all time.
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