Companies

Taylor Swift can now add hero to the Australian aviation sector to her resume after the sky-high demand for her Eras Tour boosted airline traffic to pre-pandemic highs.

The Australian-born entrepreneur who gave Elon Musk his first job describes the billionaire as a ‘sweet kid’ but says he wishes the SpaceX founder would focus on tech instead of ‘poking the bear’. 

The tech billionaire will be on Australia’s doorstep this weekend as he expands his Starlink satellite internet empire to a nearby hotspot.

At an all-hands meeting last week, Google employees questioned leadership about cost cuts, layoffs and ‘morale’ issues following the company’s better-than-expected first-quarter earnings report.

Lawyers for the administrators of cash-strapped airline Bonza are in the Federal Court applying to hold a creditors' meeting within days.

In a tight economy, at face value at least, discount retailers should be some of the biggest beneficiaries. But results from two of Australia’s largest tell very different stories.

The Wesfarmers chief says a break-up of the growing conglomerate would put it at a ‘distinct disadvantage’ in taking on Amazon, but he is confident the Government’s regulatory axe wouldn’t swing.

Telco giant Optus has unveiled the name of its new CEO putting an end to speculation that one of the country’s most prominent former premiers was next in line.

Woolworths shares have plunged to their lowest level in four years after reporting sluggish supermarket sales growth and the fourth consecutive quarter of negative sales for its discount department store Big W.

A major Australian bank is stopping cash and cheque services from all branches Australia-wide with more changes set to be introduced in just over two weeks.

Expected legal action against Super Retail Group will also extend to its chief executive, says the law firm representing head office whistleblowers, hitting back at allegations the claim is frivolous.

Ahead of the mid-year sales rush, Amazon Australia has launched a recruitment drive for 1400 workers to pick, pack, and deliver orders around the country.

Metcash bosses say the company’s big two rivals are aggressively expanding through measures that are anti-competitive but not illegal, which means tighter merger laws and government focus is needed.

Mayfair 101 founder James Mawhinney has been arrested and charged with four counts of dishonest conduct, the latest development amid an ongoing legal tussle between the company developer and ASIC.

They head up some of the biggest companies in the word, and they are compensated accordingly. The eye-watering salaries of Australia’s top five highest paid directors have been revealed.