Business

Wesfarmers boss Rob Scott says this week’s rate cut is welcome news but it will take time to seep into consumer spending, warning many low income workers are ‘still doing it tough’.

Tech giants are spending big, but many other companies are growing frustrated with the new technology.

If Labor pushes through its contentious changes to the taxation of superannuation balances over $3 million, the Treasurer will be overseeing a neat strategy to pay down years of outsized government spending.

The largest discount chain in the US warns higher prices are on the way for shoppers.

The Finance Sector Union says it has reached out to Westpac seeking an urgent explanation about the bank’s plans to axe more than 1500 jobs in what would be its biggest redundancy in a decade.

Analysts have warned the Reserve Bank may wait before pulling the trigger on another interest rate cut, despite governor Michele Bullock’s soft tone on Tuesday sparking expectations of rapid-fire relief.

Time to pack your bags and grab your passport after Qantas just announced thousands of discounted seats are now available.

An Australian activewear label which made $7 million dollars in one year off a comfortable crop top has collapsed, leaving customers, staff and suppliers owed millions as administrators move in.

Protests have erupted at a major Australian airport over what workers claim are ‘crisis conditions’ in the industry and glaring safety concerns.

A new Westpac survey shows Australia’s economy is losing steam, making the Reserve Bank’s latest rate cut welcome news for families and businesses.

Google’s new AI Mode is transforming search with detailed answers and chat features, but it’s also raising questions about accuracy and complexity.

Two books tell a similar tale about OpenAI. It is worrying.

Australian mortgage holders can expect more rate relief this year, but Donald Trump’s unpredictable tariffs could shake up the RBA’s plans and the economy.

After weeks of speculation about his future, Elon Musk has revealed his plans for Tesla’s top job.

In handing down its second rate reduction of 2025, the Central Bank noted the challenges ahead in a statement that used the word ‘uncertainty’ 122 times.