Business
News from Australia

As AI madness encroaches, we need human connection more than ever. But we’ll have to fight for it
We don’t want the isolating, automated outputs tech lords are selling us. We’re yearning for a shared frame of…

Woman, 45, killed in Florence in seventh alleged femicide in Italy since mid-August
Lorena Isceri was thrown off a motorway bridge, allegedly by ex-boyfriend Federico Vella A 45-year-old woman a…

Housing affordability plummets in Perth, which has lost its mantle as the most affordable capital city to buy a property in Australia.
Perth has ended its six-year streak as Australia’s most affordable capital, amid the growing divide between in…

Herd on the Terrace: Marnie Finlayson to step into the boxing ring with Katelan Stack for charity
We reveal the WA boss readying to jump into the ring for a charity boxing match. Plus: Are bankers putting the…

Huge water hunt underway around Wodgina lithium mine as Mineral Resources eyes growth
Mineral Resources plans to scour about 141 square kilometres of Pilbara land for water to underpin the future …

Miner digs deep to extend life of old copper operation
The South African owner of an Australian copper mine has bold plans to extend the depth of the asset after set…

Mining, energy stocks weigh on Aussie sharemarket despite Wall Street surge overnight
The Australian sharemarket has fallen despite a strong lead from Wall Street – with miners and energy stocks d…

Indigenous land claim lodged against iconic Bondi Icebergs, fears sporting clubs could face eviction
One of the world’s most famous swimming clubs could change hands as Aboriginal land councils pursue Crown land…

Volkswagen to axe 50,000 jobs worldwide as part of cost-cutting plan to counter tariff pain
Volkswagen's supervisory board has approved a transformation plan that will include cutting another 50,000 jo…

Time running out to keep housing developer afloat
Administrators of embattled housing developer Bathla Group hope to secure a short-term funding package to keep…

ASX Runners of the Week: Kaoko Metals, Vanadium Resources & Piche
The Bulls N’ Bears ASX Runner of the Week is... Kaoko Metals, after discovering massive zones of visible coppe…

Big Hits: Brightstar Resources, Solstice Minerals and Power Minerals
Bulls N’ Bears Big Hits looks at notable drill intercepts reported to the ASX last week, led by Brightstar Res…

THE ECONOMIST: How Jensen Huang became AI’s Taylor Swift
THE ECONOMIST: When the Nvidia boss returns to his native Taiwan, things get a little wild.

Inspired Homes: Demolished Inspired Homes properties in Hamilton Hill follow shock DevelopmentWA blunders
The builder of six Hamilton Hill homes demolished this week had been given a clean bill of health by Developme…

RBA interest rates: Ex-central bank official Jonathan Kearns reveals bleak outlook for rates and house prices
An expert who worked with the Reserve Bank for three decades reveals when rates will rise again and just how f…

ADX Energy triples down on Sicily gas play
ADX Energy has applied for a third gas exploration permit in Italy’s Sicily Channel, expanding its total prosp…

‘Crisis situation’: Volkswagen to cut another 50,000 jobs as it fights to survive
Volkswagen has announced plans to shed 8 per cent of its workforce as the legendary carmaker battles to turn a…

LIVE STREAM: Good Food Symposium on Melbourne’s changing dining scene
Top hospo operators discuss how takeaway and delivery is reshaping how we eat. Hear from Smith & Deli’s Shanno…

KPMG to again run the gauntlet at parliamentary hearing as whistleblower scandal refuses to die
A partnership spanning more than 600 owners. Board directors tasked with winning work. An investigation commis…

Wine fraudster Stephen Burton of Bordeaux Cellars and the $140m of rare drops that didn’t exist
The founder of a London wine distribution business was sentenced in the US to six years in prison for orchestr…

Shares end week lower as traders brace for higher rates
Economic worries continue to subdue the ASX's performance, with sticky inflation and sluggish productivity poi…

Asia shares climb ahead of US jobs data
The dollar's retreat has turbocharged a rally in the yen, which has gained 2.6 per cent this week to trade at…

‘I think I’m dying’: Powerball winner’s hilarious reaction as $20m jackpot split four ways
The mindboggling result has happened just once before in the past decade.

‘They’ll be finding bodies next year’: a renowned forensic scientist on Nepal’s ‘extreme challenges’
Prof Richard Bassed helped identify Boxing Day tsunami and victims of Australia’s catastrophic Black Saturday …

ASX inches higher as banks shine; Oil prices rise
The Australian sharemarket has made a positive start to the final session of the week after gains in big techn…

ASIC probing whether KPMG misled regulator
The corporate watchdog has revealed it is examining a legal document lodged by the firm claiming there were no…

ASIC launches review of whistleblower complaints at accounting giants
The corporate watchdog revealed the KPMG scandal has triggered surveillance of all the major firms and unearth…

Nick Kyrgios enters treatment program after accepting one-month ban for cocaine use
Australian free to play again after having suspension reduced ITIA accepts Kyrgios’s use of cocaine was outsid…

‘Mallmaxxing’: Gen Z is bringing the mall back from near-death in welcome news for under-pressure retailers
Against all odds, Australia’s most-digitally native generation is leading an unexpected return to malls.

The Aussie brands winning (and losing) the cost of living shopping war
There’s a new era of consumer spending in Australia, where rising inflation and a property market slump is boo…

Volkswagen double job cuts to 50,000 and puts brake on new models
Volkswagen’s supervisory board has backed a sweeping overhaul that calls for 50,000 additional job cuts, far f…

French trio minted as billionaires as the world’s most valuable company swoops
Their platform was hacked by rogue OpenAI agents in July. Now it has been snapped up by Nvidia.

ASX set to advance as Wall Street climbs; Nvidia rises after sealing $18b deal
Gains in big technology stocks and easing bond yields helped lift Wall Street even as oil prices ticked higher…

I can’t get a job because I can work only from home. What can I do?
I have a job that involves desk work. I just need to do it at my desk instead of someone else’s. It costs noth…

How a legal loophole lets CBA and Westpac charge their most loyal customers more
NAB has removed fees for customers who go over credit card limits, while ANZ has sharply curbed their use, but…

Sydney buyers swoop: Carla Zampatti nets blue-chip Brighton shop
Priced out of Sydney, buyers are treating Melbourne and Victorian real estate as the alternative.

Australians are flocking to electric vehicles. There’s a hidden cost
Our bid to save money on our cars could keep prices – and interest rates – high ... at least for now.

‘I was just weak’: How an avoidant Rupert Murdoch could have warded off family fight
For years, Murdoch took on unions, billionaires and his own family. But in his old age, he claims he has becom…

Billionaire pub owner downsizes in Darlinghurst
Dubbed the man with the Midas touch, Sam Arnaout, a former panel beater, owns some of NSW’s highest-earning an…

House That! Bloomin’ marvellous home in Bassendean with lush garden hits market with $1.8m price tag
Bassendean is renowned for its gardens and natural tranquil riverside walks, but a recently listed home in the…