Wall Street indices jump more than a point and the treasurer discusses new RBA legislation.
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Live: Wall Street indices jump more than a point, treasurer discusses RBA legislation, news on markets and business
via abc.net.au
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ASX closes higher, European Commission says EU faces 'existential challenge' — as it happened
via abc.net.au
The European Commission has released a report that warns the EU faces an "existential challenge" and needs "unprecedented" investment in the coming decades.
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Sources raise alarm on 'pathetic' conditions and safety concerns at Whyalla Steelworks as owner says its cutting costs amid steel price slump
via abc.net.au
A former steelworks employee says he fears someone will “get hurt” because not enough preventative maintenance work was being done at the Whyalla plant, but the company says it is committed to safety and its green iron and steel plans.
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Sources raise alarm on 'pathetic' conditions and safety concerns at Whyalla Steelworks as owner says it is cutting costs amid steel price slump
via abc.net.au
A former steelworks employee says he fears someone will “get hurt” because not enough preventative maintenance work was being done at the Whyalla plant, but the company says it is committed to safety and its green iron and steel plans.
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Skin-deep beauty standards for Australian potatoes leading to 'absurd' amount of waste
via abc.net.au
Australian supermarkets have high standards for how a spud should look. Producers say the focus should be on the taste instead.
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A specialised program helped Chloe's autistic daughter say 'I love you' for the first time, but she's been denied NDIS funding to go full-time
via abc.net.au
A service for children with autism say they have been overwhelmed by reports from parents saying their NDIS payments have been being slashed by up to 60 per cent when their plans are reviewed.
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VIP managers, shocking fraud, stolen millions. Inside the harrowing crimes of 'The Golden Goose'
via abc.net.au
Paul Montgomery was brought in by these brothers as a trusted friend to run the financial side of their business but as they made him general manager, he stole millions, was duchessed by gambling company VIPs and lost it all while on a multi-million dollar losing streak.
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'The Golden Goose' that cooked the books, a business and lifelong friendships as he gambled the millions he stole
via abc.net.au
Paul Montgomery was brought in by these brothers as a trusted friend to run the financial side of their business but as they made him general manager, he stole millions, was duchessed by gambling company VIPs and lost it all while on a multi-million dollar losing streak.
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Paul Montgomery was 'The Golden Goose' to Australian bookies. His crimes brought his lifelong friends to their knees
via abc.net.au
Paul Montgomery was brought in by these brothers as a trusted friend to run the financial side of their business but as they made him general manager, he stole millions, was duchessed by gambling company VIPs and lost it all while on a multi-million dollar losing streak.
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Paul Montgomery was 'The Golden Goose' to Australian bookies. His crimes brought his friends to their knees
via abc.net.au
Paul Montgomery was brought in by these brothers as a trusted friend to run the financial side of their business but as they made him general manager, he stole millions, was duchessed by gambling company VIPs and lost it all while on a multi-million dollar losing streak.
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More than two-thirds of Australian homes have building issues, new report says
via abc.net.au
New Australian Housing and Urban Institute research has found that about 70 per cent of households have reported building quality problems. It also found that most of Australia's existing housing stock was energy-inefficient and of poor quality.
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Minister notes housing 'despair', opposition renews Chalmers attack
via abc.net.au
The federal government is using the RBA as a “scapegoat” for mishandling the economy, the opposition says, as politicians are challenged on housing solutions.
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'Conflict has been brought upon us': Mining industry slams Albanese over industrial relations reform
via abc.net.au
Minerals Council chief executive Tania Constable has warned the industry is in a precarious state, blaming "reckless" federal government industrial relations reforms, state "royalty raids", "onerous" looming environmental rules, and high energy costs.
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NSW nurses and midwives to press ahead with 12-hour strike tomorrow despite IRC order
via abc.net.au
Nurses and midwives are pushing ahead with significant stop work action tomorrow despite being told not to by the Industrial Relations Commission as they fight for a 15 per cent pay rise.
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NSW nurses and midwives to press ahead with 12-hour strike despite IRC order
via abc.net.au
Nurses and midwives are pushing ahead with significant stop work action despite being told not to by the Industrial Relations Commission as they fight for a 15 per cent pay rise.
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Fresh details in Ramelius-Westgold saga
Ramelius Resources made three unsuccessful attempts to acquire Westgold Resources between October 2023 and April 2024, the Takeovers Panel has revealed.
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Facilities roadmap for Netball WA
Netball WA Group chief executive officer Simone Hansen is hopeful the release of its strategic facilities plan will enhance the code's growth over the next decade.
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Australian shares rebound but still lose ground
The ASX200 has finished 0.3 per cent lower, recovering ground after being down by as much as 1.2 per cent in early trading.
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At Close of Business podcast September 9 2024
Isabel Vieira and Nadia Budihardjo discuss plans for the Kalgoorlie Superpit.
Plus the latest on our Ports strong performance; a unique offer for the wave park; and Westpac's new boss.
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Gold Valley to get ore onto rail
Goldfields junior miner Gold Valley has put pen to paper on a deal to bring 1.2 million tonnes a year of iron ore into Esperance Port via rail.
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Report finds fewer women working part time
The number of women engaged in part time work across Australia has declined in the past few years, a recent research report shows.
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Fewer women in part-time work: report
The number of women engaged in part time work across Australia has declined in the past few years, a recent research report shows.
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Viburnum lobs takeover offer for GTN
Perth-based private equity firm Viburnum Funds has lobbed an off-market takeover bid for ASX-listed GTN, which is recommending shareholders reject the bid.
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Productivity lift vital for growth
The amount of output produced per hour worked, also known as labour productivity, is a key contributor to economic growth and a driver of living standards.
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WIN keen for Butchers Creek progress
Junior explorer WIN Metals has announced a 7000m reverse circulation drilling program will begin at its recently acquired Butchers Creek gold project in the Kimberley.
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Secret deals and phantom fees: The 'unethical' tactics of Australian strata companies
via abc.net.au
Companies hired to manage millions of apartments across the country are exploiting owners in an industry with little regulation. Four Corners heard from more than 2,000 unit owners with horror stories of the industry's practices.
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WA ports nation’s most valuable
Western Australia’s ports are significantly more valuable to the nation than every other state and territory, new data from Ports Australia reveals.
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CTS and Matic in tyre recycling deal
Complete Tyre Solutions has struck a deal with logistics firm Matic Group to divert 3,500 tyres from landfill to its recycling facility currently under construction.
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Wave park hits the ride notes
A $10 million loan note, with unique user benefits, is being pitched to wave-riding locals as part of the long-awaited Perth Surf Park project's $100 million fund raising effort.
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Mining turnover rate falls
The country’s mining turnover rate dropped by 1.2 per cent annually, the only business industry recording a fall compared to the same time last year.
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'Myer has a stigma of being for older people': Why the department store is contemplating a proposal to buy Just Jeans and Jay Jays
via abc.net.au
A major fashion retail consolidation is looming in Australia, as department store Myer considers buying up more than 700 of Premier Investment's apparel stores, including Just Jeans, Jay Jays, Portmans, Jacqui E and Dotti.
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Australian fashion retail consolidation looming as Myer looks to buy Premier Investment's apparel brands
via abc.net.au
A major fashion retail consolidation is looming in Australia, as department store Myer considers buying up more than 700 of Premier Investment's apparel stores, including Just Jeans, Jay Jays, Portmans, Jacqui E and Dotti.
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Growth strategy under way for Bellevue
Bellevue Gold’s push to produce 250,000 ounces per annum by the 2028 financial year is another step towards becoming a reality.
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Vanessa Amorosi to sell disputed Melbourne home to cover $870k payment to her mother, court hears
via abc.net.au
The estranged mother of Australian singer-songwriter Vanessa Amorosi has 60 days to leave the home she lost to her daughter in a bitter legal battle.
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Court gives Vanessa Amorosi's mother two months to vacate disputed Melbourne home
via abc.net.au
The estranged mother of Australian singer-songwriter Vanessa Amorosi has 60 days to leave the home she lost to her daughter in a bitter legal battle.
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This region needs thousands of new homes a year, but housing advocates say NIMBYs are slowing development
via abc.net.au
A Queensland not-for-profit organisation is trying to change negative attitudes that are influencing housing development outcomes in the state.
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As the housing crisis worsens, advocates are blaming NIMBYs for the slow pace of development
via abc.net.au
A Queensland not-for-profit organisation is trying to change negative attitudes that are influencing housing development outcomes in the state.
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Westpac names Miller as CEO
Westpac has appointed Anthony Miller as its new boss, succeeding Peter King who will retire after a 30-year career with the bank.
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Tropicana to go underground at Havana
Tropicana joint venture partners AngloGold Ashanti and Regis Resources will spend as much as $15 million on growth this year, after approving development underground at the Havana mine.
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Online surveys can boost your income, but there are risks to consider
via abc.net.au
Online surveys don't require special skills and can be done from anywhere, anytime. But do they generate an income worth your time?
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'I do them instead of doomscrolling': How much Nataasha makes from online surveys
via abc.net.au
Online surveys don't require special skills and can be done from anywhere, anytime. But do they generate an income worth your time?
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'We don't go to the GP even when we're sick': Queensland parents skip meals, necessities so their children are fed
via abc.net.au
A survey of Queensland households finds single working parents are spending $150 more than their weekly budget and skipping meals.
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New report finds more children growing up in poverty through 'no fault of their own'
via abc.net.au
A survey of Queensland households finds single working parents are spending $150 more than their weekly budget and skipping meals.
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There’s life in the old mine yet
The owner of Kalgoorlie’s famous Super Pit says there are decades of activity to come.
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Wall St stocks fall as market waits for Fed to move
US stocks closed lower after a crucial jobs report failed to put to bed fears of surrounding the Fed's anticipated interest rate cut.
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Qantas and Jetstar should be threatened with forced break-up, says Coalition
via abc.net.au
The Coalition has proposed threatening Qantas with powers that could force it to sell off Jetstar if the national carrier behaves anti-competitively.
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Nationals leader pours cold water on threat to break up Qantas and Jetstar
via abc.net.au
Nationals Leader David Littleproud has poured cold water on his colleague's proposal to use the threat of break-up powers against Qantas and Jetstar.
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Hospitality sector feels bite of skills shortage with inexperienced staff 'treating it like a McDonald's'
via abc.net.au
Chefs, waiters, and bakers are in hot demand across the country and businesses are calling for support as customer spending declines.
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