Business
Card surcharge ban will take time to work through: bank
8 October
Australian businesses will need time to adjust to the new ban on card surcharges as the major banks prepare for a potential merchant fees war.The change, driven by the central bank to give consumers transparency at the till, only came into effect on...[Read More]
Small business delivers e-safety wishlist as risks grow
8 October
Small business owners need help – not regulation – to battle growing cyber threats, industry groups say.Business representatives addressed a cybersecurity inquiry at small and medium-sized enterprises in Canberra on Tuesday, as threats from...[Read More]
AI race sets up showdown for middle and global powers
1 October
Anthony Albanese’s face-to-face meeting with Donald Trump in New York during the UN General Assembly was fleeting.The prime minister was at the UN headquarters when the US president gave an almost 40-minute speech in which he threatened to...[Read More]
Debt concerns: treasurer’s era of cheap-money ending
30 September
Because everyone wants your money, you can charge them more for it.That’s the issue facing governments forced to pay investors more for borrowing cash in the form of bonds.The eye-watering sums being raised by artificial intelligence...[Read More]
Life after business: What do you want your exit to look like?
24 September
For many business owners, the business becomes far more than a source of income.It becomes part of your identity.It may have shaped your daily routine for 10, 20 or even 40 years. It may have supported your family, employed people in your community,...[Read More]
Labour pains: jobs market too hot for inflation fight
24 September
Australia’s unemployment rate probably needs to edge a little higher to help get inflation back under control, Reserve Bank governor Michele Bullock says.Prefacing her remarks by saying the RBA does not want to see high unemployment, Ms Bullock...[Read More]
Could a shorter working week be better for your health?
17 September
For many of us, work has a habit of expanding to fill almost every available space in our lives. Emails creep into evenings, weekends become recovery time, and personal appointments are squeezed around meetings and deadlines. Most of the time, we...[Read More]
AI boom forecast as Australia’s biggest bonanza yet
10 September
The adoption of artificial intelligence is rocketing in Australia, creating massive demand for infrastructure that will deliver jobs and economic benefits. The nation was at the “cusp of a data centre boom”, Oxford Economics head of economics...[Read More]
Four in five businesses still on residential NBN plans
9 September
More than four in five Australian business still run their systems on residential internet plans, despite rapidly evolving technology offering faster options. Reliable, fast system access is essential for Project Epic, which provides disability...[Read More]
Small-business owners, women worried about golden years
3 September
Almost three million Australians are expected to retire over the next decade, but not everyone is heading toward their golden years with confidence.Many are still thinking about their “number” – the preferred size of their superannuation pot...[Read More]
Blanket bans on AI could cause ‘data centre panic’
3 September
One-size-fits-all restrictions on how artificial intelligence data centres are powered could send investment in the growing technology overseas, business groups warn.In a submission to a Senate inquiry into AI data centres, the Australian Chamber of...[Read More]
Treasury tips AI as key driver of productivity growth
3 September
Artificial intelligence could be the ticket out of stunted economic growth while risking the future of increasingly high-skilled jobs, according to Treasury advice.In a brief handed to the treasurer, AI has been characterised as a tool which could...[Read More]
Retirement savings to be ‘decimated’ under early access
20 August
Workers being able to access their superannuation early would destroy their retirement earnings, the treasurer has warned, following calls by Pauline Hanson.The One Nation leader has called for a relaxation of rules that would allow people to...[Read More]
‘Put people first’: landmark AI probe to set guardrails
13 August
A national-first royal commission will investigate the dangers and benefits of artificial intelligence in society as a premier pledges to get the balance right.South Australian leader Peter Malinauskas announced the inquiry on Monday after returning...[Read More]
‘Build resilience’: refinery touted but discount to end
29 July
Australia’s fuel security could soon be bolstered by a new refinery, but questions have been raised about the business case for the facility. Prime Minister Anthony Albanese announced plans to look into building Australia’s third oil refinery in...[Read More]