Business

Get ready for a big week of decisions that impact Australians.

What to expect from Trump’s 'Liberation Day' and the RBA rate call

US President Donald Trump’s promised ‘liberation day’ coincides with an RBA rate call and Australian mortgage holders hoping to be freed from high interest rates might have to wait a while longer.

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Elon Musk has sold social media site X to his xAI artificial intelligence company.

Musk's xAI buys X social media platform for $33 billion

Elon Musk's artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company once known as Twitter at $US33 billion.

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Akubra has set up shop in Brisbane.

Hats off to a 149-year Aussie icon’s very first store

Andrew and Nicola Forrest-owned Akubra will open its first retail store, with the promise of more to come throughout the year.

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Colleagues aren’t always close-knit.

Extreme teammates have close encounters of the work kind

What space, submarines and polar research teach about extreme teamwork

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ACCC commissioner Anna Brakey said the partnership would boost international capacity with little to no public impact and help to bring down airfares. 

ACCC clears runway for Virgin and Qatar take-off

Virgin Australia and Qatar Airways have been cleared for take-off with a partnership that will double the number of weekly flights between four key national gateways and Doha in the Middle East.

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Sydney Beer Co, which Brett Lee is a minor shareholder in, owes more than 60 creditors nearly $10m.

Bust beer company owes thousands to Aussie legend’s charity

An investigation has lifted the lid on the millions of dollars the failed business actually owes.

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A national mining sector conference has been told Australia needs to do more to attract investment. (Richard Wainwright/AAP PHOTOS)

Mining bosses warn of international competition

Three senior mining executives have warned Australia must get its policy setting right to remain competitive in the international marketplace.

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Eva and her husband Peter were forced to sell their farm to pay for her ongoing treatment.

‘Wrong cancer’: Why $30-a-month PBS drug has cost Eva $350k

It took a news story for the Sydney mum to realise that she was paying 200 times as much as a fellow cancer sufferer for exactly the same medication.

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Brett Lee and Glenn McGrath in 2005.

Ex-paceman’s charity caught in failed beer group

Failed Sydney Beer Co, in which Australian cricket legend Brett Lee is a minor shareholder, owes more than 60 creditors nearly $10 million.

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Nine said the improved offer could deliver it after-tax cash proceeds of about $1.4b.

CoStar ups bid for Nine-controlled Domain to $2.8b

The US property market data giant circling Australia’s Domain has sweetened its offer for the real estate listings platform to almost $2.8 billion.

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The company’s board has already backed the binding scheme implementation agreement and largest shareholder Kin Group, which controls almost 21 per cent of the register, has also agreed to sell into the offer.

The Reject Shop is heading into foreign hands

The Reject Shop may be best known for its bargain-basement prices on everyday items but it has managed to attract a top-shelf takeover bid from a foreign suitor.

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Energy Australia has been fined $170,000 over a fire at its Yallourn power station. (Diego Fedele/AAP PHOTOS)

Energy Australia slapped with fine over power station fire

Energy Australia has been convicted and fined over a fire at Yallourn power station, after the company fought to be spared conviction.

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The four leading law firms being attacked by the Trump administration have one thing in common: employing or acting for figures hated by the MAGA movement.

Why big law’s capitulation to Trump may be bad for business

US President Donald Trump’s attacks on four major legal firms have rivals circling to poach potential partners. But putting self-interest above the rule of law will have major repercussions for everyone.

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Two-year-old Joe Massa died waiting for treatment in a Sydney private hospital. (HANDOUT/Danny and Elouise Massa)

Little Joe’s death is about to trigger major hospital change

Public-private partnerships for acute hospitals will be banned in one state under laws put forward after a toddler's tragic death.

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US President Donald Trump.

Trump drops global tariff bombshell

US President Donald Trump has announced a new 25 per cent tariff on a key industry, saying his action will ‘continue to spur growth like you haven’t seen before’.

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