Business

A broad-based sell-off has dragged the local bourse to its lowest level in five months, as jitters about tech valuations and interest rates weigh on sentiment.

Some of Australia’s biggest coffee wholesalers and restaurant operators say an inflation shock means they make no profit on $5.50 coffees and prices will need to rise again in 2026.

THE ECONOMIST: Corporate America will have some big shoes to fill, when CEOs step down.

The billionaire founder wiped away tears at WiseTech’s AGM and defended the company he said was his life passion.

Australia’s two largest airlines are introducing new major restrictions on popular devices after a string of fires. This is what you need to know before you travel.

Investors are backing Google-owner Alphabet as an winner in the AI race and shrugging off worries its search business is vulnerable to disruption from the technology.

Westpac CEO Anthony Miller sees the business opportunity of AUKUS but says there are challenges ahead for ‘exciting’ rare-earths projects.

THE ECONOMIST: A frenzy of financial innovation has ensnared America Inc. What could go wrong?

Meta has announced it will begin notifying teenagers they will lose access to their social media platforms three weeks out from the world-leading ban.

Computer chip giant Nvidia has reported a record revenue result, with the multi-trillion-dollar AI processing behemoth set to buoy the Australian share market.

Andrew Irvine said gas should play a key role in the energy transition and joined Westpac’s boss in attacking social media giant Meta for allowing huge amounts of financial scams on Facebook.

How Australians can make the most of Black Friday without getting caught in overcrowded stores, misleading offers or online scams.

Government-paid wages grew over the past year, new data showed, while a smaller increase in the private sector was eaten away by inflation.

THE ECONOMIST: The industry got everything it wanted. Now the crypto comedown has begun.

Pay packets are still growing in real terms according to fresh wages data, but economists say rising inflation could soon bring that to an end.