Business

Australia’s consumer watchdog is suing Microsoft over allegations it misled 2.7 million Aussies

Microsoft offers refunds to subscribers over AI confusion

The tech giant will offer refunds to millions of its Australian users after misleading customers.

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Qantas has announced a massive sale on domestic flights.

Qantas launches mega sale, flights from $99

Qantas has launched a major domestic fare sale, offering one-way flights from $99 across Australia.

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Optus customers are currently being affected by an outage which may affect Triple Zero calls.

Optus struck by outage, may impact triple-0 calls

Optus is facing another network outage in NSW, warning it may affect triple-0 calls, less than two months after a nationwide blackout was linked to three deaths.

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ASIC is proposing Australia adopt a Wall Street-style playbook to boost the ASX.

Boom play: ASIC’s Wall Street wish for ASX woes

ASIC is proposing Australian lawmakers consider adopting multiple US laws to boost share market listings and give founders more help creating wealth for all investors.

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Boomers are suffering the most from Australia’s renewed cost-of-living problem.

Why boomer retirees are surprise losers from inflation surge

The return of inflation is hurting retirees more than workers, although hopes for interest rate cuts that would help home owners are deteriorating.

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Malcolm Turnbull, whose Snowy Hydro 2.0 project continues to spark new cost blow-outs, has become an adviser to an American software company called Rohirrim.

Malcolm Turnbull: From prime minister to software salesman

After losing his job at a large investment firm, the former Liberal Party leader has turned for work to a small American company selling a computer program used by governments to process procurement contracts.

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Woodside boss Meg O'Neill speaking at Woodside Capital Markets Day,

Woodside Energy isn’t backing off fossil fuels

Australia’s biggest independent energy company says oil and gas will still make up 90 per cent of Woodside next decade as it tipped production to jump at least 50 per cent by 2032.

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Pop Mart, maker of the wildly popular toys such as Labubu dolls, wants to be China’s Disney

Is Labubu the new Mickey Mouse? Pop Mart goes global

THE ECONOMIST: Pop Mart, maker of the wildly popular toys such as Labubu dolls, wants to be China’s Disney.

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The stabbing of Bishop Mar Mari Emmanuel in a Sydney church was livestreamed. (Bianca De Marchi/AAP PHOTOS)

Sydney church stab video showed miracle: X boss

The head of X's global government affairs has told an inquiry she was watching a stream of Bishop Mar Mari Emmanuel when he was stabbed in a Sydney church.

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ASIC wants to be a backer, not a blocker of investment, outgoing chair Joe Longo says. (Joel Carrett/AAP PHOTOS)

Outgoing watchdog chief puts non-bank lenders on notice

The outgoing chair of the corporate watchdog will lay down the foundations for the future of Australia's public and private markets in an address in Canberra.

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Consumer group CHOICE has announced the winners of their annual Shonky Awards.

Australia’s biggest bank makes Shonky Awards history

From questionable pieces of clothing to Australia’s biggest bank, consumer advocacy group Choice has unveiled the ‘worst of the worst’ in its annual Shonky Awards. SEE THE LIST

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RBA Governor Michele Bullock was treading a fine line as she addressed the central bank’s cautious approach moving forward.

Professional fence-sitter: Bullock won’t answer key question

The Reserve Bank governor will not say if she expects interest rates to rise or fall, a position that will cause uncertainty across the economy.

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Rex Airlines Boeing 737 planes lay idle on the tarmac at Melbourne's Tullamarine Airport.

REVEALED: Price US group will pay for failed airline Rex

New documents reveal that the sale price includes Air T’s eventual repayment of at least $140m owed to the Federal Government.

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The $420 million ‘merger of equals’ will help combat increased competition for eyeballs, listeners and advertisers from global technology giants, including YouTube, Spotify, Apple, Amazon, Netflix and TikTok.

Southern Cross merger with SWM gets expert’s nod

Kroll Australia says the proposed merger is in the best of Southern Cross’ shareholders, who will benefit from being part of a bigger, diversified group with higher earnings and a stronger balance sheet.

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Metcash is facing legal action over allegations its South African CFO bullied staff and didn’t adjust to Australian workplace culture.

‘Sacked on the spot’: Metcash culture clash claims turn ugly

Metcash is facing legal action over allegations its South African CFO bullied staff and didn’t adjust to Australian workplace culture.

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