Business

THE ECONOMIST: In the age of AI, running a McDonald’s may soon look a lot more appealing.

Inflation has fallen to its lowest level since before the Iran war after the fuel excise was halved, lessening the chance of an interest rate rise next month.

The boss of Australia’s biggest lender has backed in Treasurer Jim Chalmers’ controversial capital gains tax reforms but has urged the Government to reconsider attaching them to assets outside of real estate.

A big-four bank has been slapped with a whopping $26 million fine for a six-year failure to help customers facing financial hardship.

THE NEW YORK TIMES: The British oil giant has removed its chair, Albert Manifold, saying the board had ‘serious concerns’ about his leadership, less than a year after he was appointed.

Inflation is expected to ease in April, but economists warn rising housing and service costs could keep pressure on the RBA.

Santos boss Kevin Gallagher is confident the company’s existing contracts will be protected under a new Federal Government reservation scheme despite “contradictory” draft guidelines released on Monday.

Resources Minister Madeleine King has taken a thinly-veiled swipe at Andrew Forrest’s efforts to champion Fortescue’s green credentials and suggested where the billionaire should instead focus his energies.

Faster charging, longer range and fewer fires — what more could we want?

Call for indexation so that Federal governments are forced to provide relief rather than only doing so when it’s politically convenient.

Qantas’ direct, ultra long-haul flights between Australia’s east coast and New York and London have again been delayed, with the specialised jets it requires held up by supply chain problems.

The recent Federal Budget has reaffirmed a strategy that has allowed many electric vehicle buyers to effectively pay for their new car with pre-tax income.

Q+A: The changes to capital gains tax have ruffled plenty of feathers. But will they apply to those on Centrelink support payments such as the age pension?

A short-lived reduction in the fuel excise has provided some momentary price relief but inflation will only worsen without a resolution to supply blockages.

A Labor plan to reduce investor incentives has been branded a ‘productivity tax’ as opponents call for lower taxes for those with money to put aside.