Business

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.

S&P futures have risen 0.5 per cent while Nasdaq futures gained 0.6 per cent in ‌early Asian ‌trading hours.

BHP has finally confirmed an end to a tense trade standoff with China, ending seven months of negotiations as the Middle Kingdom sought to shift the balance of power with WA iron ore producers.

Criticisms of Australia's tax regime for gas exports are being levelled at producers and business groups, which argue higher taxes will chill investment.

AMP chief economist Shane Oliver has urged Treasurer Jim Chalmers to cut $100 billion from the Federal Budget to help fight inflation.

AARON PATRICK: A government fund set up to invest in promising companies is being used to deliver corporate welfare.

The tax burden on Australians is at the highest level in almost two decades, new government data shows, with a former Reserve Bank official warning it is likely to get even worse.

Tim Cook’s resignation as Apple CEO will end one of the most successful management runs in the history of US business.