Business

Tariff turmoil roasting Australia’s coffee-maker giant

One of Australia’s most successful brands, Breville, has been caught squarely in the crossfire of the US-China trade war.

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Dusk has about 140 stores across Australia, according to its 2024 annual report.

Investors flee candle retailer Dusk amid flickering sales

Investors fled Dusk on Friday despite the home fragrance and candles retailer forecasting higher sales and earnings for the 2025 financial year.

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Treasurer Jim Chalmers.

Chalmers calls for inflation-beating award wage boost

Treasurer Jim Chalmers wants the workplace umpire to boost wages for about three million workers at a rate above inflation.

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Scam text messages and emails claim an Australia Post delivery failed due to an invalid postcode. (Dan Himbrechts/AAP PHOTOS)

Sophisticated phishing scam impersonates Australia Post

An urgent warning has been issued following a new wave of scam messages, impersonating Australia Post.

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Dior says it is in the process of informing affected customers “where necessary” after a breach.

‘Customer data’: Luxury brand hit by cyber attack, breach

“We are in the process of informing customers where necessary. The confidentiality and security of our customer data is an absolute priority.”

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Unrealised gains: Farmers, small business face huge tax bills from Albanese Govt’s controversial super changes

Controversial super changes to hit farmers, businesses hard

Thousands of small business owners and farming families could soon face huge tax bills as the Albanese Government pushes ahead with controversial superannuation changes.

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Reserve Bank Governor Michele Bullock and Treasurer Jim Chalmers. (AAP Image/Bianca De Marchi)

Whopping jobs growth ahead of RBA call next week

An exceptional month of Australian jobs growth has sparked warnings of an inflation bounce, but an interest rate cut next week is still seen as highly likely.

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Sam Fischer will replace Tim Ford (pictured), who is leaving TWE after 14 years with the company.

Penfolds owner poaches new CEO from beer giant Lion

Penfolds owner Treasury Wine Estates has poached the boss of alcohol giant Lion, behind popular beer brand XXXX, to be its new chief executive.

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THE ECONOMIST: The temporary tariff deal with China has averted crash, but world will keep paying for Donald Trump’s protectionism.

Stopgap deals do not mean Donald Trump’s trade war is over

THE ECONOMIST: The temporary tariff deal with China has averted crash, but world will keep paying for Donald Trump’s protectionism.

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Telcos have seen an enormous rise in complaints over financial hardship. (Joel Carrett/AAP PHOTOS)

Complaints flood in as Aussies struggle to pay bills

Financial hardship complaints have jumped 72 per cent in one sector as shocking instances of customers being charged large cancellation fees, being denied payment plans and disconnections are revealed.

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President Donald Trump, (C), Qatar's Emir Sheikh Tamim bin Hamad Al Thani and Kelly Ortberg, President and Chief Executive Officer, The Boeing Company, left, at a signing ceremony at the Amiri Diwan in Doha, Qatar.

Trump, Boeing sign ‘historic’ $145 billion deal in Qatar

Boeing and Qatar Airways have struck a deal during US President Donald Trump’s state visit with the emir of Qatar, part of his four-day deal-making tour of the Middle East.

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Pay rises of 3.4 per cent across the board are a boon for workers, but with productivity going backwards business is taking a hit.

The hidden danger behind rising Australian wages

Pay rises of 3.4 per cent across the board are a boon for workers, but it isn’t all good news.

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Shelf labels at Chemist Warehouse, as well as at Priceline and Terry White, are making consumers think deals are better than they really are.

Major pharmacies overstating discounts that confuse shoppers

Major pharmacies Chemist Warehouse, Priceline and Terry White are engaging in pricing tactics that make it hard for shoppers to tell if they are getting bang for their buck, fresh analysis by Choice has found.

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ASIC chair Joe Longo.

ASIC says Macquarie short on truth for more than 14 years

Corporate watchdog boss Joe Longo fears Macquarie Securities may have misled market players amid allegations the big ticket broker incorrectly reported short sales for more than 14 years.

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The MAGA economy is thriving in America as the world’s largest consumer market splits in two.

Politics Trumps wealth for American consumers

The MAGA economy is thriving in America as the world’s largest consumer market splits in two.

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