Business news

• Albanese to override Queensland to settle AI data centre energy rules

  23-08-2026 20:53 via abc.net.au
  
  Queensland's rejection of rules tying data centre construction to new renewables projects means the federal government will be forced to legislate to override the state.
  
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• Queensland allowed to use coal, gas for data centres despite renewable push

  26-08-2026 11:04 via abc.net.au
  
  The state's premier says it is a "good win" for his state, which owns much of its own electricity infrastructure, while the federal government had previously demanded states use renewables as a standard. 
  
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• Hobart council advances ban on full-home short stays

  26-08-2026 10:31 via abc.net.au
  
  Hobart City Council has voted to advance strict new limits on whole-home short stays. The plan, which aims to protect long-term rentals, will now go to the state planning body for final approval.
   
  
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• Macquarie Group dumps KPMG from audit contract

  26-08-2026 10:24 via abc.net.au
  
  Accounting firm KPMG says it is facing the consequences of its "past failings" as it is dropped by Macquarie Group.
  
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• Breaking: Macquarie Group dumps KPMG from audit contract

  26-08-2026 10:24 via abc.net.au
  
  Accounting firm KPMG says it is facing the consequences of its "past failings" as it is dropped by Macquarie Group.
  
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• Breaking: Macquarie dumps KPMG from nation's biggest audit contract

  26-08-2026 10:24 via abc.net.au
  
  Accounting firm KPMG says it is facing the consequences of its "past failings" as it is dropped by Macquarie Group.
  
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• Report finds rock art damage more extensive than thought

  26-08-2026 10:13 via abc.net.au
  
  The Murujuga Rock Art monitoring program finds pollutants from previous industrial activity have damaged a larger area of ancient rock art on the Burrup Peninsula than previously thought.
  
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• The financial trend raising the alarm from Wall Street to western Sydney

  26-08-2026 10:01 via smh.com.au
  
  The $3 billion collapse of western Sydney property developer Bathla Group is the latest cautionary tale involving the private credit sector.
  
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• Macquarie dumps KPMG from the nation’s biggest audit contract

  26-08-2026 09:32 via smh.com.au
  
  KPMG faces another round of job cuts after Macquarie dumped the firm from the most lucrative audit contract in Australia. 
  
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• Shock job cuts at Austrac despite expanding role battling financial crime

  26-08-2026 09:27 via smh.com.au
  
  Australia’s high-profile money laundering regulator Austrac is preparing for significant cuts to its workforce.
  
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• ASX falls as shock inflation fuels rate concerns; Woolies, Nine gain

  26-08-2026 08:59 via smh.com.au
  
  The Australian sharemarket pared early gains after the release of the latest inflation figures, while investors digested another flurry of local corporate results.
  
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• Potential insolvent trading probe after modular builder's closure

  26-08-2026 08:50 via abc.net.au
  
  The WA Consumer Protection Commissioner is calling on clients of a modular home building company which abruptly closed last week to lodge formal complaints so it can investigate further.
  
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• WA government to appeal $150m Andrew Forrest Fortescue native title payout

  26-08-2026 08:32 via abc.net.au
  
  Mining magnate Andrew Forrest's Fortescue faces a renewed legal battle over a record $150.3 million native title compensation payout, with the WA government confirming it would appeal a landmark Federal Court judgement.
  
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• Breaking: WA government to appeal landmark Andrew Forrest Fortescue native title payout

  26-08-2026 08:32 via abc.net.au
  
  Mining magnate Andrew Forrest's Fortescue faces a renewed legal battle over a record $150.3 million native title compensation payout, with the WA government confirming it would appeal a landmark Federal Court judgement.
  
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• Breaking: WA government to appeal $150m Andrew Forrest Fortescue native title payout

  26-08-2026 08:32 via abc.net.au
  
  Mining magnate Andrew Forrest's Fortescue faces a renewed legal battle over a record $150.3 million native title compensation payout, with the WA government confirming it would appeal a landmark Federal Court judgement.
  
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• Farmers frustrated as Coles ends arrangement in home of Big Banana

  26-08-2026 08:30 via abc.net.au
  
  Coffs Coast banana farmers struggle to make sense of a decision that will remove their produce from the shelves of a major local supermarket. 
  
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• Anger as Coles in home of the Big Banana to drop local bananas

  26-08-2026 08:30 via abc.net.au
  
  Coffs Coast banana farmers struggle to make sense of a decision that will remove their produce from the shelves of a major local supermarket. 
  
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• Rio2 gets green light for Peruvian copper expansion

  26-08-2026 08:07 via smh.com.au
  
  Rio2 Ltd has received the green light for a major expansion of its Condestable copper mine in Peru, allowing for increased production and a 10-year life extension.
  
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• Rio2 gets green light for Peru copper expansion

  26-08-2026 08:07 via smh.com.au
  
  Rio2 Ltd has received the green light for a major expansion of its Condestable copper mine in Peru, allowing for increased production and a 10-year life extension.
  
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• Price wars in perpetuity: Discounts (and Ooshies) usher in Woolies’ resurgence

  26-08-2026 08:00 via smh.com.au
  
  After years of being beaten up by politicians and targeted by the consumer regulator, the supermarket giants won’t be winning any popularity contests. But engaging in discounting one-upmanship is a good start.
  
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• TMK Energy secures driller for fresh Mongolian gas pilot well

  26-08-2026 07:19 via smh.com.au
  
  TMK Energy has signed up Major Drilling for a new pilot well and to rework three existing ones as it chases a major lift in gas flows from its Mongolian gas project.
  
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• Investigators probe two more close calls at Sydney Airport

  26-08-2026 07:00 via smh.com.au
  
  Investigators have opened probes into two fresh incidents at Sydney Airport, following a run of recent problems at the major hub.
  
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• Investigators probe fresh taxiway incidents at Sydney Airport

  26-08-2026 07:00 via smh.com.au
  
  Investigators have opened probes into two fresh incidents at Sydney Airport, adding to the tally of safety incidents at the major hub.
  
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• Investigators probe fresh runway incidents at Sydney Airport

  26-08-2026 07:00 via smh.com.au
  
  Investigators have opened probes into two fresh runway incidents at Sydney Airport, adding to the tally of safety incidents at the major hub.
  
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• Police investigate theft of 400,000 oysters in NSW

  26-08-2026 06:53 via abc.net.au
  
  An oyster business on the New South Wales Mid North Coast estimates as much as $400,000 worth of its stock has been stolen.
  
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• Critica bolsters ranks for dual critical minerals push

  26-08-2026 06:51 via smh.com.au
  
  Critica has appointed an interim manager to progress dual scoping studies for its Mt Lindsay tin-tungsten and Jupiter rare earths projects, with both studies due in Q3 2026.
  
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• Commercial fishers frustrated with delays to compensation

  26-08-2026 06:34 via abc.net.au
  
  Nine months after their fishery was closed due to sustainability concerns, some commercial demersal fishers are still waiting for compensation payments from the WA government.  
  
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• 'Unfortunate kick in the guts' as inflation data increases RBA rate hike risk

  26-08-2026 05:50 via abc.net.au
  
  Inflation is continuing to cool with the annual headline rate rising to 3.5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year.
  
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• Nine signals TV not the main game any more after ‘transformative year’

  26-08-2026 04:56 via smh.com.au
  
  The company slashed the value of its television business by more than half in a sign of where its new priorities lie.
  
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• Lighting products sold on online marketplaces catch fire under testing

  26-08-2026 04:42 via abc.net.au
  
  Testing of more than 130 lighting products available online found most failed to meet Australian standards.
   
  
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