Business news

• CBA profits hit $11 billion, dividend raised

  11-08-2026 23:47 via smh.com.au
  
  Chief executive Matt Comyn said the Australian economy was resilient, helped by low unemployment and solid investment, though growth was slowing due to higher interest rates and inflation.
  
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• Vic inquiry supports building-integrated solar power for apartments

  13-08-2026 06:40 via smh.com.au
  
  A recent Victorian parliamentary inquiry has given the nod to the use of solar photovoltaics in apartment buildings, citing evidence provided by ClearVue Technologies
  
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• Vic inquiry backs solar glass for apartment energy, cites ClearVue evidence

  13-08-2026 06:20 via smh.com.au
  
  A recent Victorian parliamentary inquiry has given the nod to the use of solar photovoltaics in apartment buildings, citing evidence provided by ClearVue Technologies
  
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• $2.5b Tomago Aluminium bailout saves jobs but hits taxpayers

  13-08-2026 06:19 via abc.net.au
  
  The federal opposition has described the deal as a net zero "failure", while the Greens want the government to own a stake in the smelter.
  
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• NeuroScientific locks in key US FDA meeting

  13-08-2026 05:12 via smh.com.au
  
  NeuroScientific has locked in a key meeting with the US FDA for its StemSmart technology aimed at treating refractory Crohn’s disease in a planned Phase 2 trial.
  
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• Alan Jones's defence team accused of trying to 'intimidate' witness

  13-08-2026 05:05 via abc.net.au
  
  The broadcaster's defence team has been accused of trying to "intimidate" a witness by a prosecutor during a heated exchange in Alan Jones's indecent assault trial in Sydney.
  
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• Alan Jones complainant's ex quizzed over 'look after you' text

  13-08-2026 05:05 via abc.net.au
  
  The broadcaster's defence team has been accused of trying to "intimidate" a witness by a prosecutor during a heated exchange in Alan Jones's indecent assault trial in Sydney.
  
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• Cartoonists fear for industry with rise of AI-generated illustrations

  13-08-2026 04:45 via abc.net.au
  
  AI-generated illustrations published in Australian newspapers have raised fears about the future of the cartooning industry, which one artist says is "shrinking dramatically".
  
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• It might terrify Gen Z, but the humble phone call is a wonderful thing

  13-08-2026 04:42 via smh.com.au
  
  Many people now use their phones for everything except speaking to each other, and baulk at the idea of it ever ringing.
  
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• ‘Taking control’: Penfolds cracks down on Chinese grey market amid $1.1b loss

  13-08-2026 04:25 via smh.com.au
  
  The wine giant is getting out of cheap wine, doubling down on Penfolds’ status as a luxury brand, and trying to figure out what to do with its US business.
  
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• Wall Street is about to sell AI bonds. What could go wrong?

  13-08-2026 04:16 via smh.com.au
  
  A group of heavyweight Wall Street firms has teamed with Nvidia to financially engineer a more than $700 billion funding pool for AI chips.
  
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• ‘Alarm bells ringing’: You can soon pay for a coffee with your face. Should you?

  13-08-2026 03:35 via smh.com.au
  
  An eftpos operator is rolling out new payment terminals that can identify you through your face or hands.
  
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• ASX slides as energy stocks, Telstra fall; ANZ, Origin and Cleanaway gain

  13-08-2026 03:08 via smh.com.au
  
  Wall Street edged near its record after several AI stocks reported better growth than analysts expected, while a report showed inflation across the United States was slightly less bad last month.
  
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• Trading platforms offer cash vouchers for 'high-risk' investments, watchdog says

  13-08-2026 02:44 via abc.net.au
  
  A review of nine online trading companies finds several are encouraging Australians to jump on "complex" deals, putting them at risk of major losses.
  
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• Warning for mariners as ghost rig lights goes out

  13-08-2026 00:58 via abc.net.au
  
  A month after administrators were called in, the Cliff Head oil platform prompts a safety warning from the Maritime Union of Australia.
  
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• Maritime union calls for action as lights go out on WA ghost oil rig

  13-08-2026 00:58 via abc.net.au
  
  A month after administrators were called in, the Cliff Head oil platform prompts a safety warning from the Maritime Union of Australia.
  
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• ASX set to slide; ANZ posts $1.9b quarterly profit, home loan applications fall

  13-08-2026 00:11 via smh.com.au
  
  Wall Street edged near its record after several AI stocks reported better growth than analysts expected, while a report showed inflation across the United States was slightly less bad last month.
  
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• 'Back to the 60s' as ombudsman finds systemic issues in telco services

  12-08-2026 22:42 via abc.net.au
  
  A report from the Telecommunications Industry Ombudsman is recommending a root and branch review into telco services in regional Australia.
  
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• 'Back to the 60s' as Ombudsman finds systemic issues in mobile services

  12-08-2026 22:42 via abc.net.au
  
  A report from the Telecommunications Industry Ombudsman is recommending a root and branch review into telco services in regional Australia.
  
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• Revived NT mine to join Australia's modern gold rush

  12-08-2026 22:19 via abc.net.au
  
  Chinese-financed company Hanking Gold is reviving the mothballed Mount Bundy mine south of Darwin, with the soaring gold price prompting predictions of profit from its first year of production.
  
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• LA Lakers sold in record $17.7b deal as Trump associate and former Disney chief swoop

  12-08-2026 22:11 via smh.com.au
  
  Josh Kushner and Bob Iger sealed a deal to buy the iconic franchise from billionaire financier Mark Walter, whose sprawling investment empire is under federal investigation.
  
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• ASX set to slide, Wall Street boosted by AI stocks, inflation report

  12-08-2026 21:15 via smh.com.au
  
  Wall Street is flirting with a record after several AI stocks reported better growth for the spring than analysts expected, while a report showed inflation across the United States was slightly less bad last month.
  
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• The hospitality app some businesses use to cover shifts without paying super

  12-08-2026 21:02 via abc.net.au
  
  A hospitality jobs marketplace that boasts thousands of users might be incorrectly labelling workers, a legal expert says, as the Fair Work Ombudsman tells workers to report any concerns.
  
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• 'Same businesses every single week': Hospitality app users raise concerns

  12-08-2026 21:02 via abc.net.au
  
  A hospitality jobs marketplace that boasts thousands of users might be incorrectly labelling workers, a legal expert says, as the Fair Work Ombudsman tells workers to report any concerns.
  
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• Hospitality marketplace Supp facing Fair Work scrutiny over contractor claims

  12-08-2026 21:02 via abc.net.au
  
  A hospitality jobs marketplace that boasts thousands of users might be incorrectly labelling workers, a legal expert says, as the Fair Work Ombudsman tells workers to report any concerns.
  
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• Hospitality marketplace Supp facing Fair Work scrutiny

  12-08-2026 21:02 via abc.net.au
  
  A hospitality jobs marketplace that boasts thousands of users might be incorrectly labelling workers, a legal expert says, as the Fair Work Ombudsman tells workers to report any concerns.
  
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• How much is a job worth? At Tomago, it’s $2.5 million in taxpayer cash

  12-08-2026 21:00 via smh.com.au
  
  The Albanese government has scarcely met an ageing industrial facility that it doesn’t think deserves vast sums of federal support.
  
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• 'Lawnmower' patterns of Chinese research vessel raising suspicions in Pacific

  12-08-2026 20:53 via abc.net.au
  
  The strange patterns of Chinese research vessels in the Pacific have raised suspicions China is gathering intelligence for a potential conflict.
  
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• 'Disasters hanging on people's walls': The consumer fallout from the solar battery boom

  12-08-2026 20:46 via abc.net.au
  
  Solar Power Nation is spruiked by a number of current and former sports stars but the major retailer is facing investigations in multiple states as consumer complaints rise into the hundreds.
  
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• Australia's 'number one' solar retailer facing multiple investigations

  12-08-2026 20:46 via abc.net.au
  
  Solar Power Nation is spruiked by a number of current and former sports stars but the major retailer is facing investigations in multiple states as consumer complaints rise into the hundreds.
  
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