Business

Westpac’s chief executive Anthony Miller slammed Meta over scams and illegal sales.

Westpac slams Meta for scams, illegal bank account sales

The bank’s CEO has called on lawmakers to toughen up on Meta’s practice of profiting from scam ads and allowing the illegal trade in bank accounts.

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There were 37 public executives who earned more than a million dollars last year, topped by Australia Post boss Paul Graham who took home more than $3.3 million. Michele Bullock (left) and Raphael Arndt (rear) also featured on the list.

REVEALED: The Aussie bureaucrats paid more than $1m a year

Australia Post chief executive Paul Graham tops a list of 18 Commonwealth agency heads paid more than $1 million a year. SEE THE FULL LIST

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Rethink cheap toys, you’ll pay with your child’s safety.

Rethink cheap toys, or you’ll pay with your child’s safety

JERRIE DEMASI: If I wanted toys to come with a side of chemical roulette, I’d buy them from Temu. When parents pay for toys from ‘trusted retailer’ Kmart, they should be able to expect that they are safe.

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Ticketek announces new partnership with AI company.

AI enters ticketing: Ticketek trials new chatbot Stella

Ticketek has rolled out a new AI chatbot built with Google Cloud, raising questions about how the tool learns, searches and handles customer data.

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Chipmakers are warning of a potential shortage next year which could affect car and phone manufacturers.

AI is booming, but the chips are down for phones, cars

Chipmakers and analysts are warning of a memory chip shortage that could hit the consumer electronics and automotive industries next year.

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CBA chief executive Matt Comyn

CommBank CEO: Aussies borrowing too much, no rate cut coming

Matt Comyn said a home-borrowing binge driving up property prices is bad for economic stability and social harmony, warning Aussies to prepare for 12 months of no interest rate cuts.

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The ASX slumps to a four-month low. Picture NewsWire/ Gaye Gerard.

Aussie shares plunge in wake of inflation warning

Australian shares have plunged to a four-month low in the wake of a Reserve Bank warning about the nation’s inflation rate.

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RBA board worries inflation is getting out of control

The Reserve Bank has given a strong hint that inflation may fail to moderate anytime soon. This is sure to disappoint borrowers hoping for more relief.

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Virgin Australia has announced it will scrap a popular perk before Christmas.

Major airline confirms huge changes for travellers

A major Aussie airline has announced it will scrap a popular perk before Christmas.

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THE ECONOMIST: Corporate America is learning to live with a unique commander-in-chief.

Shut up, or suck up? How CEOs are dealing with Donald Trump

THE ECONOMIST: Corporate America is learning to live with a unique commander-in-chief.

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TPG customer dies after triple-0 outage.

TPG customer dies after triple-0 connection issue

A TPG Telecom customer has tragically died after not being able to connect to triple-0 emergency services.

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Part of the Louvre has been shutdown due to structural weakness a month after it was robbed. (AP PHOTO)

Louvre closes gallery due to structural weakness

‘Staff representatives have been warning about the condition of the building for years.’

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Economists hold little hope of another rate cut at the Reserve Bank’s last meeting of the year. (Aap Image/AAP PHOTOS)

Insight on cash rate pause as economy runs at capacity

Rate-watchers will delve into the Reserve Bank's unanimous decision to keep interest rates on hold as stubborn inflation lingers with the economy at capacity.

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The bosses of Australia's biggest banks are heading to Canberra to face a parliamentary committee. (Joel Carrett/AAP PHOTOS)

Bank bosses brace for grilling over AI and scams

Commonwealth and Westpac executives are first-up as the Federal Parliament probes practices at Australia's Big Four banks this week.

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Atlassian said its ‘no bullshit’ policy meant it had to concede that its total annual business travel emissions have soared, blaming it on one change.

Jet-setting habit sends Atlassian emissions goal spiralling

Atlassian said its ‘no bullshit’ policy meant it had to concede that its total annual business travel emissions have soared, blaming it on one change.

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