Business

GYG co-CEOs Hilton Brett and Steven Marks.

Holy guacamole! Guzman y Gomez shares smashed

Guzman y Gomez investors have deserted the Mexican-themed restaurant chain even after it declared a maiden dividend and cracked $1 billion in sales for its nachos, burritos and tacos for the first time.

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THE ECONOMIST: The last days of laughs at old-fashioned corporate brainstorming.

Will brainstorming be as funny when AI takes our jobs?

THE ECONOMIST: The last days of laughs at old-fashioned corporate brainstorming.

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Iconic Sydney music venue shutting after almost four decades.

Iconic Aussie music venue shutting after almost four decades

A flood of sadness mixed with gratitude is spreading across social media as music lovers and pub patrons react to the shock closure of an iconic venue.

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Mark Zuckerberg’s Meta has reportedly made a $15b deal with Google. (AP PHOTO)

Google scores six-year Meta deal worth over $15b

Google has won a $15 billion cloud contract from Meta spanning six years, according to people familiar with the matter.

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Traders are now focused on the Fed's annual symposium, where Chair Jerome Powell will speak. (AP PHOTO)

Wall Street down as investors brace for Powell's speech

Investors' eyes will be on the Jackson Hole Economic Policy Symposium, where Fed Chair Jerome Powell is scheduled to speak on Friday.

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Tesla plans to put hundreds of thousands of driverless cars on US roads over the next year. (AP PHOTO)

Tesla faces auto safety probe over slow crash reporting

US auto safety regulators are investigating why Tesla is late in reporting crashes involving self-driving technology that may soon be widely deployed on roads.

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Committee for Economic Development of Australia Chief Economist Cassandra Winzar.

Chalmers’ experts agree spending needs to get under control

Delegates at Jim Chalmers’ reform summit have agreed there are serious concerns with the pace of public spending growth.

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Treasurer Jim Chalmers during an Economic Reform Roundtable in the Cabinet Room at Parliament House on Thursday.

Jim Chalmers and Ted O’Brien in roundtable boilover

An argument between Jim Chalmers and his shadow Ted O’Brien over government spending grabbed headlines on the final day of the economic roundtable, when the toughest topics were dealt with to little agreement.

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The Australian share market is on a another record streak.

Share market cracks 9000 points for first time

The S&P-ASX200 closed at a new peak of 9019.1 points on Thursday for a gain of 1.1 per cent, just four months after plumbing 7400 when markets tanked on US President Donald Trump’s tariffs.

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Treasurer Jim Chalmers and his opposition counterpart Ted O‘Brien have had a ‘war of words’ on the final day of the Economic Reform Roundtable.

Ted O’Brien’s unexpected victory in Canberra

AARON PATRICK: The shadow treasurer challenged the government over a spending splurge that is driving government debt to $1 trillion, drawing attention to its great weakness.

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Super Retail Group CEO Anthony Heraghty.

Rebel owner Super Retail tells shoplifters to get a real job

Shoplifters have been told to get a new job by the head of some of Australia’s well-known brands like Rebel and Supercheap Auto amid a growing and increasingly sophisticated crime racket confronting retailers.

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OnlyFans star Annie Knight reveals net worth.

OnlyFans star reveals shocking net worth after sex stunt

OnlyFans star Annie Knight, who counts fellow adult star Bonnie Bue as a close friend and is also dubbed ‘Australia's most sexually active woman’ has detailed how much she’s earned.

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THE ECONOMIST: Global alliances are deepening as countries seek stability amid erratic US policies.

Ship happens: Nations reroute against Trump’s trade tariffs

THE ECONOMIST: Global alliances are deepening as countries seek stability amid erratic US policies.

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Super Retail Group, which owns Supercheap Auto and BCF, posted record sales for the financial year. (Dave Hunt/AAP PHOTOS)

Supercheap Auto and BCF post record $4.1b sales

There are signs of a consumer recovery in a major Australian retailer's annual results, which showed a strong uptick in second-half sales.

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