Business

THE ECONOMIST: If the AI bubble bursts, an unusual recession could follow.

Billionaire Amazon owner Jeff Bezos has launched his Blue Origin New Glenn rocket, after multiple abandoned attempts, successfully landing back on Earth just nine minutes later.

More economists are predicting the interest rate-cutting cycle is over following surprise jobs data, but youth employment figures could tell a different story.

Shares in Australia’s biggest bank are down 16 per cent since June and many professional analysts still label it a sell on valuation grounds.

AARON PATRICK: After six tumultuous months as leader, Sussan Ley just fundamentally changed Australian politics. Here’s what it means.

The competition watchdog has cleared the proposed merger between Seven West Media and Southern Cross Media Group, a deal that is set to transform Australia’s media landscape. 

SGH chief executive Ryan Stokes has warned Australia’s southern states face gas shortfalls as soon as the third quarter of 2026 as tight regulations and price controls limit domestic supply.

Australia’s unemployment rate fell back to 4.3 per cent in October - a bad sign for borrowers. NAB has become the latest of the big four banks to say no there will be no Reserve Bank interest rate cuts in 2026.

THE ECONOMIST: The world’s public finances look ever more perilous.

Unemployment is likely to fall in the latest reading but some economists think the rate could rise further next year, leaving the door open for more rate cuts.

Ryan Stokes has called on the Federal Government to reconsider a key plank of its climate policy regime, describing the safeguard mechanism as a de facto tax.

Flight Centre has survived the 9/11 terror attacks, rise of the internet, global financial crisis, and coronavirus pandemic, but analysts and management say it is now facing its biggest structural shift yet. 

A big four bank is lifting fixed interest rates in an ‘ominous sign’ for all mortgage holders.

The food delivery service has announced it will shut down all operations in Australia, putting 120 people out of a job.

THE ECONOMIST: Investing in equities may make sense for individuals — but it could also exacerbate a crash