Business

Government backing for home batteries will be dialled back for larger systems in a move intended to make the scheme sustainable and open to more households.

Mortgage lending has hit new record highs, driven by investors. This was occurring before Labor’s 5 per cent deposit scheme for first-homebuyers was fast-tracked to October 1.

THE NEW YORK TIMES: Silicon Valley is experiencing an AI boom that bears resemblance to the dot-com boom. But despite the similarities, there are many differences that could lead to a wildly different outcome.

The approval of Hanwha’s doubled stake in Austal is subject to “strict conditions”, including limits on access to sensitive intellectual property held by Austal and “stringent criteria” on any board nominee.

The creative industries may be in open warfare against tech companies over copyright infringement over protected works, but Disney is taking a different path.

Major tours like Lady Gaga remain a drawcard for interstate travel, with fresh figure revealing more than a third of Australians are crossing State borders each year to big events.

We look forward to making your guest experience as commoditised as possible

Former ANZ chief executive Shayne Elliott has launched legal action against the bank in what one former trader said means things ‘are getting farcical’ at the bank.

THE ECONOMIST: Celebrities and economic uncertainty have put the precious back in precious metal.

National Australia Bank’s top boss has sounded the alarm on a major issue which will impact Australian living standards.

Treasurer Jim Chalmers has given approval for South Korean defence giant Hanwha to increase its ownership of WA-based shipbuilder Austal.

The Walt Disney Company has announced a landmark agreement with OpenAI that will allow users to make content with its beloved characters.

Taxing the family home and halving capital gains tax concessions would bring down house prices, an academic paper says, as a Senate committee reviews tax breaks for property investors.

Myer boss Olivia Wirth will wait and see how the rest of the Christmas trading period pans out but says it’s been ‘so far so good’ after the department store chain recorded its best Black Friday ever.

Australia's second biggest health insurer has been ordered to pay $35 million for misleading customers about benefits they were entitled to.