The Insurance Council of Australia has shared an update after insurers met as Cyclone Alfred approaches, sharing advice with those in the path of its potentially destructive forces.
Century-old Tasmanian cheesemaker King Island Dairy was due to close mid this year after its current owner announced in September it had been unable to find a buyer.
Tesla sales in Australia have fallen off a cliff since 2024 in tandem with a broader automotive industry slump, more cash-conscious consumers and CEO Elon Musk’s growing involvement in US politics.
Australia’s prudential regulator has proposed the biggest shake-up of board rules governing the banking, superannuation and insurance industries in more than a decade.
Less than 24 hours after US President Donald Trump warned Canada and Mexico that reciprocal tariffs would come into effect on April 2, he has granted exemptions that will delay implementation in one sector.
The Government’s interpretation of this situation is significant: If it wasn’t for public sector spending increases, the economy would be going backwards.
Country Road Group — the company behind the eponymous fashion label and other well-known clothing and accessories brands — has blamed the discount-drenched retail environment for its profit slump.