Business

The chief executive of ANZ is expected to face a fiery inquisition as the bank faces a record $240 million penalty for ripping off customers and the Government.

After Donald Trump threatened pharmaceutical tariffs, CSL says it will invest another $2.3 billion building a new blood plasma facility in the United States.

Optus has paid a six-figure fine after a technical glitch let scammers gain access to customers' bank accounts.

Up to 350 scientists will be laid off as the national science agency announces a cost-cutting restructure stemming from financial pressures and government funding not keeping up.

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.

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

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.

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

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

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.

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

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.

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

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

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