Business

The worries around the energy supply shock stoking inflation and the cost of living sent the S&P/ASX 200 down 1.7 per cent over the week.

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.

Coles and Woolworths will be under pressure to reveal how they are responding to price hike requests from suppliers hoping to recover costs amid the fuel crisis.

Australian borrowers are in for a bad year but a big four bank sees relief in 2027 as the Middle East oil crisis pushes unemployment up to COVID levels.

The elevation of John Ternus - an engineer’s engineer - signals the future direction of the technology company.

Kyle Sandilands’ bid to fast-track his court fight and be reinstated at his radio job have failed, with a judge setting an October trial and warning his chances of returning to air via legal action appear slim.

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.