Business

At Tesla’s AGM, shareholders approved Elon Musk’s pay packet to tie their own financial fortunes to those of the divisive tech entrepreneur.

THE ECONOMIST: China built its power on manufacturing — now it’s building a new kind of power by helping the world ditch fossil fuels.

Australian travellers are being warned after US airlines were ordered to cancel flights as air traffic controllers feel the strain of working during the government shutdown.

Tesla says shareholders have voted in favour of CEO Elon Musk’s almost $US1 trillion pay plan, with 75 per cent support.

A Big Four bank has sacked an employee accused of using his position to rig up millions of dollars’ worth of dodgy loans, triggering criminal charges.

Kerry Stokes spent a lifetime building a television network and newspaper publisher. But as he presided over his final AGM as chairman, he promised he still had plenty left in the tank.

Australia’s biggest share trading firm, CommSec, is punishing wealthy customers so it can help more people with less than $5000 invested with them.

THE ECONOMIST: Evidence shows universal childcare can come with hidden costs for children.

Bosses in the financial sector have been told to ‘get their house in order’ after a landmark Fair Work Commission ruling found Westpac broke the law when it denied a mother’s remote work request.

Australia’s biggest mining group has urged Federal Labor and the Opposition to strike a deal to overhaul environmental approvals before Christmas.

National Australia Bank has eked out a modest profit lift to $6.76 billion, with strong business lending offset by surging technology and bad debt costs.

The tech giant will offer refunds to millions of its Australian users after misleading customers.

Qantas has launched a major domestic fare sale, offering one-way flights from $99 across Australia.

Optus is facing another network outage in NSW, warning it may affect triple-0 calls, less than two months after a nationwide blackout was linked to three deaths.

ASIC is proposing Australian lawmakers consider adopting multiple US laws to boost share market listings and give founders more help creating wealth for all investors.