Business

Australians could pay up $7 a cup, as soaring supply costs grind businesses

$7 coffees? Cafés say price trouble is brewing

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.

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THE ECONOMIST: Corporate America will have some big shoes to fill.

How do you replace a CEO like Tim Cook or Warren Buffett?

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

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WiseTech Global Ltd. founder Richard White.

Embattled billionaire Richard White in tears at WiseTech AGM

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

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Qantas Group and Virgin Australia are introducing a new major ban.

Qantas, Virgin introduce major ban: What you need to know

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.

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Sundar Pichai, chief executive officer of Alphabet Inc.

Google roars back as Gemini 3 launch reframes AI battle

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.

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

Westpac boss backs AUKUS but flags rare earths challenge

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

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Australia's world-leading social media ban for under-16s kicks in on December 10.

Tech giant issues warning to teens as social media lockout looms

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.

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Nvidia CEO Jensen Huang said sales are ‘off the charts’.

‘Off the charts’: AI chip giant Nvidia posts record result

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.

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Andrew Irvine, the CEO of NAB, said gas should play a key role in the energy transition.

NAB boss backs gas for green energy transition

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.

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How to get the most out of this year's Black Friday sales.

Black Friday decoded: Real deals vs fake discounts

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

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Commonwealth public The Nightly

How to get a pay rise: Work for the government

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

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When crypto skyrocketed, the industry finally got what it wanted — and now it’s crashing back down to earth.

Bitcoin is turning 17 but the crypto party is over

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

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Wages grew at 3.4 per cent in the three months to September 30, in line with economist forecasts. (Joel Carrett/AAP PHOTOS)

Wages grow at 3.4 per cent, in line with expectations

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.

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Nuno Matos the CEO of ANZ Bank said it was right that current and former leadership including himself gave up $33.4 million in bonuses.

ANZ boss warns rushed clean energy push ‘could kill patient’

ANZ’s new chief executive Nuno Matos says the commitment to deliver more clean energy needs to be balanced otherwise the ‘medicine could kill the patient’.

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The chief executive of ANZ, Nuno Matas, is expected to fae a fiery inquisition as the bank faces a record $240m penalty.

ANZ bank chief to face grilling for ripping off customers

The chief executive of ANZ is expected to face a fiery inquisition as the bank faces a record $240 million penalty for ripping off customers and the Government.

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