Whoever ends up as our next Treasurer may well take action on this front. The Coalition has repeatedly highlighted the power of Silicon Valley moving into banking, and Liberal Senator Andrew Bragg says there’s a “very strong case” for...
At a federal level, political donations over $14,500 must be disclosed each year. Griffiths said some corporations had been found to make multiple donations of $10,000 to evade these requirements, which kept investors in the dark. She said executives...
Credit...Giacomo Bagnara What’s Up? (April 17-23) A Bad Week for CNN+ and Netflix After pouring tens of millions of dollars into a nationwide marketing campaign, big-name stars and hundreds of new employees, CNN announced Thursday it was shutting down CNN+,...
Inflation data to be released on Wednesday will dominate the Reserve Bank’s thinking as it considers whether to lift interest rates in response to cost of living pressures. The latest Reserve Bank board minutes show the RBA is ready for...
Barden said another factor was labour and skill shortages in everything from horticulture to manufacturing was putting upward pressure on wages. Barden said prices would probably increase again in the June quarter because costs were continuing to rise, and not...
Some businesses in NSW say a shortage of affordable housing has forced them to buy properties to retain and attract staff in a bid to address a severe worker shortage.  Key points: A shortage of affordable housing has left some business short on...
Telstra receives $40 million annually from the sector to maintain the phones. Most of this money comes directly from Telstra’s pocket, but competitors such as TPG Telecom and Optus SingTel also assist with the cost (Telstra pays roughly three...
Australians are being warned of the dangers of trusting online travel agencies after booking site Trivago was fined $44.7 million for misleading customers about the cheapest hotel rooms. The federal court ruled on Friday that Trivago must pay a “substantial...
Elon Musk’s multi-billion dollar hostile takeover of Twitter offers a very attractive deal to shareholders, but market experts argue the billionaire will still need to sweeten the deal if he wants to take the company private. In a filing to...
The Australian share market has closed sharply lower amid growing concerns the global economy will suffer a hard downturn and that the cost of capital will rise.   The benchmark S&P/ASX200 index was saturated with red on Friday, falling 119.5 points, or...
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