Publication
Stokes warns on cooling investment
SGH chief executive Ryan Stokes says it is too early to assess the full impact of major tax concessions changes introduced by the Albanese government, even as he warns serious uncertainty is putting off investment. Stokes made the comments as he...
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Healthy growth
| Tim Gurner is pouring tens of millions of dollars into expanding his Saint Haven chain of wellness clubs, including $15 million on the Saint Haven Black club in Melbourne’s Toorak, but has vowed to keep his property development firm private.
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Lurch to populist left
The Albanese government’s handpicked small business advocate has warned that Labor has significantly underestimated the restructuring costs caused by its trust tax crackdown and urged Treasurer Jim Chalmers to secure state stamp duty exemptions for...
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Coles to send up to 1000 jobs to India
Coles plans to move as many as 1000 jobs to India as part of a deal with Accenture, allowing the supermarket giant to cut costs and invest in its online operations as it faces intense competition from Amazon. The supermarket chain will outsource...
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Andrews’ conduct was concerning, says IBAC
Victoria’s anti-corruption watchdog has found that former premier Daniel Andrews and senior members of his government engaged in ‘‘ serious and concerning’’ conduct in dealings with the firefighters union to end a bitter industrial...
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Property price slide exposes political peril for PM
Australians have long complained that residential property has become unaffordable. But as the sharpest housing market correction in almost four years gathers pace, the Albanese government is discovering that not all voters necessarily welcome falling...
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Fed chief’s invisible man routine leaves bond markets baffled ▶
It was, according to economists at JPMorgan, the single most troubling presentation by a Federal Reserve chairman in more than a decade of news conferences given by those at the very top of the US central bank. And, for Australian investors, it all...
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Courts face avalanche of AI slop
Workplace claims filed by selfrepresented litigants have exploded in the Federal Court, more than doubling over the past year as artificial intelligence supercharges employee actions against businesses and creates a major headache for judges forced to...
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Rinehart’s road map for Coalition
Australia’s richest person, Gina Rinehart, says she still has strong relationships with senior federal Coalition figures after throwing her support behind One Nation but warned parties with declining support should overhaul climate and immigration...
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▶ Allegra Spender ▶ Companies
growing uncertainty stoked by the Iran-US war, which began with a strike on Tehran at the end of February. NAB’supdate followsa similar warning in June from Westpac, which cited the tax changes as part of the reason for the slump in home loans. Half...
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