Government considers tweaks to CGT for start-ups
The government is unlikely to carve out the start-up industry from its controversial capital gains tax changes despite outrage…
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The $17b hole in this ASX tech darling isn’t just about AI
Xero is taking a pragmatic approach to the threat of artificial intelligence and its core business keeps growing. But investors…
Coles court defeat won’t be a win for its customers
A landmark ruling on the supermarket’s sham discounts will force changes to promotions, ensuring budget buyers are likely to see…
For retailers, the comforts of the Coles ruling are a legal mirage
The decision will embolden the ACCC and the silver lining of a predictable “12-week rule” is a hallucination. Legally, the case…
Power is shifting in CSL’s horrible, no good, very bad week
Amid the drama at the biotech, a new figure has stepped up right as the company needs a new long-term chief executive and…
This is not a bad budget for climate
Green groups were quick to point out the many climate shortcomings of the budget. But Energy Minister Chris Bowen has clearly…
GrainCorp boss unhappy with investor ‘short-termism’ as shares take hit
A global grain oversupply crunched margins at the biggest grain handler on the east coast, triggering a big sell-off in its…
The eight-week gap that condemned Coles in dodgy discount case
Coles will have to take a judgment declaring it misled customers on the chin. But as a new wave of inflation approaches, could…
Let ASX Ltd’s $6.3m CEO go hard and early – for Australia’s sake
Investors all hope $6.3 million Frenchman Anthony Attia can fix the market operator’s relationships and web of bureaucracy, and…
Coles lost ‘Down Down’ fight but won Canberra’s price gouging war
It is ironic that the supermarket giant has been found guilty of moving too fast to provide cost-of-living relief to shoppers at…
Ampol sees big opportunity in Labor’s $10b fuel reserve plan
The fuel refiner has spoken with Energy Minister Chris Bowen “just about every day” to help create a government-owned stockpile.
AutoBarn-owner Bapcor cuts earnings outlook as petrol prices bite
The auto parts retailer has cut its earnings outlook by 5 per cent as fuel and freight costs override the sales growth it…
Xero’s $3.9b US expansion drags down profit and shakes CEO pay
Sukhinder Singh Cassidy took home $6.1 million last year, as AI threats and big acquisitions weighed on the accounting software…
Lithium giant warns of more pain after booking $820m refinery hit
Albemarle’s Australian arm posted an $850 million loss, due mostly to troubles at its now-closed Kemerton lithium processing…
Metcash settles stoush with senior executives over sackings
Two former executives who alleged they were illegally sacked and bullied have settled with the hardware chain and food wholesaler…
Whyalla steelworks bailout heads past $2.6b as blast furnace fails
The federal government has put more than $200 million in additional funding aside and South Australia could follow as production…
Data centre developers face Greens-led Senate inquiry over power use
The committee is chaired by Sarah Hanson-Young, who said voters were concerned about the impact of hundreds of existing and…
The day CBA shares crashed back down to earth
Commonwealth Bank, CSL, Cochlear – ASX heavyweights and once investor favourites – are getting their reckonings.
Rinehart’s appeal in dynasty royalty fight revealed
Court documents have unveiled the breadth of Hancock Prospecting’s battle against the landmark ruling that handed royalties to…
Corporate raider Gary Weiss becomes interim chairman at Webjet
The retirement of the online travel agent’s chairman, Don Clarke, comes just weeks after chief executive Katrina Barry said she…
Macquarie stuffing big investors into $5b ‘MAM Box’
Some of the biggest investors in the world are coming for Australia’s Qube, but you wouldn’t know their names from the deal’s…
BHP and Rio chiefs rule out break-ups in chase for higher valuation
The ASX-listed giants’ major rivals have embarked on divestments and restructures, as investors clamour for exposure to copper…
‘We are human’: WiseTech staff blast handling of AI-led redundancies
WiseTech’s bosses boasted last week about training AI to be better than its human staff. Employees are not impressed.
Higher grocery bills loom for consumers as supplier costs surge
Investment bank Barrenjoey warns price rises will accelerate by the end of the month as supermarkets inevitably pass on costs to…
We will get the CGT change right for start-ups, Chalmers pledges
Following strong backlash from tech leaders led by Atlassian co-founder Scott Farquhar, the treasurer pledged to consult ahead of…
Why compliance admin is driving SME AI adoption
For many business owners, compliance admin remains a source of friction.
This mogul wanted a place to hang with friends. He opened a jazz bar
Property titan Peter Ng has poured his passion for live music, whisky and cigars into a late-night hotspot in the heart of…
SkinKandy plots 500-plus store empire as it prepares for ASX debut
Chief executive Dain Friis says the piercing chain will consider expanding into Canada, Europe, Singapore and South Korea as it…
Forrest has $16.9b reasons to soothe his native title embarrassment
Fortescue’s $150.1m native title obligation is chump change compared with the wealth Andrew Forrest has made on Yindjibarndi…
Australia’s top furniture designers give leather a sexy makeover
Adam Goodrum, Jared Webb and Tom Fereday were among those tapped to create innovative designs from hide for Melbourne Design Week.
The restaurant chair people keep ordering
Jon Goulder, who also sells a chair for $1400, says Australia can make furniture and compete commercially. He’s now waiting for…
Data centre energy warning as Victoria demand almost doubles in a year
The Australian Energy Market Operator says hunger for power is smashing expectations, as governments work to reduce the strain…
Consultants are turning full-body health checks into competitive sport
The Australian arm of US consulting firm Kearney is paying $3000-a-head to get managers into top shape. Staff say it’s making a…
Rinehart’s Hancock Prospecting launches appeal on royalties
The appeal against a ruling handing millions of dollars in royalties to two rival mining dynasties was lodged late on Monday,…
Josh Frydenberg signs on to Airwallex’s global growth plan
The Australian financial services technology giant has appointed the former treasurer and three former US public officials to a…
DroneShield faces regulator probe over disclosures, share trading
ASIC is investigating share sales by its then-CEO and two other directors in November and an erroneous sales announcement to the…
Life360 drops 10pc as technical hiccups hurt growth
Shares in Life360 tumbled after the company revealed a series of technical glitches stopped it from reaching its app download…
Millions to be spent hiring executives for high-speed rail project
Salaries of $500,000 a year are possible for senior executives being hired to work on the proposed $93 billion high-speed rail…
Tech sector scrambles over CGT exemption rumours in budget
The start-up sector is trying to understand whether a capital gains tax exemption for the venture capital industry is on the…
AI vibing will get business in regulatory hot water
Inside a regulated enterprise dealing with people, financial, safety and production systems, vibe-coding is a reputational…
Victoria’s Secret accuses Blundy adviser of corporate espionage
The Australian billionaire businessman has been pushing for an overhaul of the New York-listed lingerie giant’s board after years…
Data centres can power investment in clean grid of the future
Framing the national conversation around hyperscaler’s AI infrastructure as something the grid has to “cope with” misses the…
How I convinced Kerry Packer he should hire me
Mary Wooldridge, outgoing CEO of the Workplace Gender Equality Agency, worked for the media tycoon in the ’90s. She’s used the…
Can this new TV tech outdo OLED? We dual-screened to find out
We pitted Hisense’s latest RGB MiniLED TV, the UR9, against a two-year-old model, and our findings were surprising.
At last, a dual-screen laptop that doesn’t stink
Of all the gimmicky designs that PC makers have come out with over the years, the Asus ZenBook Duo’s dual-screen design is the…
All those AI notetakers? They’re making lawyers very nervous
Artificial intelligence bots are capturing every joke and offhand comment in many meetings. They could also potentially waive…
Regal, Thorney back Israeli drone supplier ahead of ASX debut
A little-known drone parts manufacturer has attracted big name backers ahead of its sharemarket debut next week.
Construction start-up ProcurePro hits $100m valuation
The Brisbane-based start-up has banked $15 million from big investors to accelerate its global expansion and artificial…