Business

The stabbing of Bishop Mar Mari Emmanuel in a Sydney church was livestreamed. (Bianca De Marchi/AAP PHOTOS)

Sydney church stab video showed miracle: X boss

The head of X's global government affairs has told an inquiry she was watching a stream of Bishop Mar Mari Emmanuel when he was stabbed in a Sydney church.

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ASIC wants to be a backer, not a blocker of investment, outgoing chair Joe Longo says. (Joel Carrett/AAP PHOTOS)

Outgoing watchdog chief puts non-bank lenders on notice

The outgoing chair of the corporate watchdog will lay down the foundations for the future of Australia's public and private markets in an address in Canberra.

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Consumer group CHOICE has announced the winners of their annual Shonky Awards.

Australia’s biggest bank makes Shonky Awards history

From questionable pieces of clothing to Australia’s biggest bank, consumer advocacy group Choice has unveiled the ‘worst of the worst’ in its annual Shonky Awards. SEE THE LIST

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RBA Governor Michele Bullock was treading a fine line as she addressed the central bank’s cautious approach moving forward.

Professional fence-sitter: Bullock won’t answer key question

The Reserve Bank governor will not say if she expects interest rates to rise or fall, a position that will cause uncertainty across the economy.

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Rex Airlines Boeing 737 planes lay idle on the tarmac at Melbourne's Tullamarine Airport.

REVEALED: Price US group will pay for failed airline Rex

New documents reveal that the sale price includes Air T’s eventual repayment of at least $140m owed to the Federal Government.

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The $420 million ‘merger of equals’ will help combat increased competition for eyeballs, listeners and advertisers from global technology giants, including YouTube, Spotify, Apple, Amazon, Netflix and TikTok.

Southern Cross merger with SWM gets expert’s nod

Kroll Australia says the proposed merger is in the best of Southern Cross’ shareholders, who will benefit from being part of a bigger, diversified group with higher earnings and a stronger balance sheet.

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Metcash is facing legal action over allegations its South African CFO bullied staff and didn’t adjust to Australian workplace culture.

‘Sacked on the spot’: Metcash culture clash claims turn ugly

Metcash is facing legal action over allegations its South African CFO bullied staff and didn’t adjust to Australian workplace culture.

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RBA governor Michele Bullock will weigh up rising inflation and unemployment. NewsWire / Jeremy Piper

RBA leaves rates on hold as inflation expected to soar

The RBA has lefts rates on hold and is now expecting inflation to soar to 3.7 per cent next year . The consumer price index is tipped to remain above target for a year.

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Michele Bullock

With inflation back from the dead, don’t bet on another cut

Borrowers hoping for further interest rate relief next year have been dealt a big blow after the Reserve Bank warned inflation was rising back from the dead.

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The mystery behind China’s fake fall.

The mystery behind China’s fake fall

THE ECONOMIST: China’s leaders don’t seem concerned. Should they be?

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Mr Miller said the bank’s current policy was “the right balance”.

Westpac chief makes bold call on WFH future

Westpac’s chief executive has defended the bank’s WFH policy in the wake of a bruising loss at the Fair Work Commission.

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Microsoft said it has secured export licenses to ship Nvidia chips to the United Arab Emirates in a move that could accelerate the Gulf’s lofty AI ambitions.

Nvidia stock climbs as US approves chip sale to UAE

Microsoft said it has secured export licenses to ship Nvidia chips to the United Arab Emirates in a move that could accelerate the Gulf’s lofty AI ambitions.

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OpenAI has long signalled that it needs more capacity to develop new AI systems. (AP PHOTO)

OpenAI, Amazon sign $58b deal for AI computing power

OpenAI has signed a multi-year, $US38 billion deal to buy cloud services from Amazon.

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Governor Michele Bullock and the Reserve Bank board are likely to leave interest rates on hold. (Aap Image/AAP PHOTOS)

Rate cut off the cards on Cup Day as inflation soars

With inflation and unemployment rising, the Reserve Bank has no option but to hold rates and a return to hikes looks increasingly possible.

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