Business

Australians are expected to spend almost $7 billion at shops this weekend.

Retail boss criticises Black Friday Chinese competition

Australians are expected to spend almost $7 billion at shops this weekend, but the industry is worried many will turn to ultra-cheap Chinese websites.

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Sydney Sweeney American Eagle

The new Sydney Sweeney steps in for American Eagle

American Eagle has unveiled a new celebrity face for its holiday denim campaign, just weeks after backlash over its controversial Sydney Sweeney ad.

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Corporate Travel Management has admitted its UK accounts contained serious errors dating back years. 

Shares suspended as Corporate Travel Management flags errors

Shares in $2.3 billion travel group Corporate Travel Management will remain suspended until at least 2026 after it admitted its UK accounts contained serious errors dating back years. 

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‘Kumma’ an AI bear made by FoloToy.

Huge concern after AI toy bear gives sex advice

THE NEW YORK TIMES: The innocent-looking bear talked about knives, sexual topics and even referred to a fetish app.

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Many economists are asking how Michele Bullock and the Reserve Bank got things so badly wrong on inflation.

Why hapless RBA is struggling to read the forecast

Economists who’ve worked for Treasury and the Reserve Bank are questioning the RBA’s ability to forecast inflation following a big shock with consumer prices.

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Why surging inflation is a little sexist.

Why women are copping the sharpest end of inflation

As prices climb across everyday essentials and lifestyle spending, women are bearing the sharper edge of inflation’s impact.

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The rise and falls of Mexican fast-food star Guzman y Gomez has led co-founder Stephen Marks to dismiss the sceptics and say he’s as confident in its future as ever.

‘Very undervalued’: Guzman y Gomez CEO’s $1m share spree

The rise and falls of Mexican fast-food star Guzman y Gomez has led co-founder Stephen Marks to dismiss the sceptics and say he’s as confident in its future as ever.

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Video
Qantas, Jetstar and Virgin Australia are offering heavily reduced airfares for Black Friday.

Jetstar offers $0 return flights as airlines slash prices in Black Friday sales

Thousands of airfares have been heavily discounted across a range of popular destinations.

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As tech giants pour trillions into AI infrastructure, new data shows companies pulling back from actually using it.

AI hype keeps rising but workplace use is falling

As tech giants pour trillions into AI infrastructure, new data shows companies pulling back from actually using it.

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Mortgage house in a trap on wooden table background. House trap on debt or loan problem or risk in real estate property financing concept.

Why it’s going to be harder to get a home loan in 2026

The banking regulator says the new rules are designed to rein in a surge in lending to investment property landlords and help maintain financial stability.

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The rates market had been pricing in an interest-rate cut in 2026 ahead of ‘red-hot’ inflation data.

Inflation spike puts RBA rate hike back on the table

Economists say the Reserve Bank might have lowered interest rates too far after a surprise inflation print revealed price pressures are still running hot.

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Militants hunting civilians on October 7, 2023.

The crypto org allegedly aiding Hamas’ terrorism

THE NEW YORK TIMES: The families of 300 victims of Hamas’ October 7, 2023 attack have claimed Binance aided Hamas and other terrorist groups by transferring $1 billion to accounts in their control.

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The latest official Ipsos iris data reveals The Nightly surged 20 per cent in October to a new peak audience of just under 3.3 million for the month.

Women drive surge in readers as The Nightly reaches new peak

Women are driving a surge in readers for The Nightly, with the national digital newspaper recording its highest audience since launch 18 months ago.

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The worst inflation figures in more than a year are widely expected to turn the Reserve Bank of Australia into the Grinches who won’t cut interest rates before Christmas. The Nightly

Aussie shoppers tipped to cut back this Christmas

Australians are buying more gift cards and budget goodies or fast tracking their Christmas shopping to this month’s Black Friday sales to save money now, retail insiders say.

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The latest inflation figures mark the worst set of price pressures since mid-2024. The prospect of a rate cut next year is now very remote.

Soaring inflation brings grim news for mortgage holders

Some economists said a surge in prices, driven by electricity charges, meant the central bank might have no choice but to increase the cost of money in 2026.

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