Business

Fortescue’s board has green-lit plans to pour almost $1b into yet another green energy project in the Pilbara as it looks to take advantage of growing demand for clean power, particularly for data centres.

The Federal Government is likely to knock back calls for a supersized gas tax that it believes would alienate trading partners at a time of heightened global energy volatility.

Meta will cut nearly 8000 jobs next month as it spends more on artificial intelligence projects.

Australia’s corporate watchdog is cracking down on dodgy finfluencers on social media, joining forces with 16 overseas regulators in a global blitz as more young Australians turn online for investing advice.

A big four bank has hiked interest rates for the second time in three weeks as mortgage holders brace for a critical Reserve Bank meeting.

New Woodside boss Liz Westcott says war in the Middle East is ‘a dramatic reminder’ governments need to prioritise reliable energy alongside cutting emissions.

The $200 million injection is believed to be the largest ever private commitment for Australian veterans.

Microsoft has pledged $25 billion to expand its Australian AI, cloud and cyber security infrastructure over the next four years — the largest investment ever by a technology company in the country.

A senior executive at a supermarket giant denies the retail chain misled customers with fake discounts for a number of items.

Australian regulators are investigating if Anthropic’s AI models could pose a threat to online security across the financial system.

A call by the Greens and independent senator David Pocock to slap a 25 per cent tax on Australia’s third biggest export could end up hurting everyday consumers reeling from soaring electricity bills.

Consumers continue to flock to Westfield shopping centres around the country as owner Scentre Group pours in millions of dollars revamping sites in Sydney and Melbourne.

The cost of building a house in Australia is expected to soar by double digits in the coming year with bathroom suppliers Reece and Tradelink announcing big increases to piping costs.

The supermarket giant is hiking the price of a household staple as its suppliers face ongoing fuel-related supply chain and operational cost pressures.

In Australia petrol is a bit pricier but trucks keep trucking and planes continue to fly. This comforting picture belies how close we remain to the edge.