Business
7 signs it may be time to start your own business
4 June
Many people dream of starting their own business, but very few wake up one day with absolute certainty that the time is right. More often, the signs build slowly. A frustration at work. A passion that keeps pulling at you. A skill others keep asking...[Read More]
Minimum wage tops $1000 a week, stoking inflation fears
3 June
Workers on the minimum wage will receive more than $1000 a week for the first time, but businesses and economists warn the pay bump could fuel inflation and more rate rises. Industrial umpire the Fair Work Commission handed a 4.75 per cent pay boost...[Read More]
AI risks deepening divide between investors and workers
3 June
The divide between people who earn income from investments and those who work for a living could be exacerbated by the artificial intelligence revolution, economists at Australia’s largest business lender warn. While the adoption of AI is expected...[Read More]
AI on a budget: Aussie watchdog trails global peers
3 June
Australia’s peak artificial intelligence safety agency will operate on a fraction of the funding provided to similar organisations overseas, a senate committee has heard. But the minister in charge of the newly established body has defended its...[Read More]
Businesses still in dark on tax carve outs from budget
3 June
Start ups and small businesses will be forced to wait longer to find out if they will get special treatment from looming tax changes, as the government looks to enact the measures within weeks. Measures in the federal budget limiting negative...[Read More]
Rescue package to shield workers from AI-driven cuts
3 June
Workers facing the threat of artificial intelligence-driven job losses are set to be protected under a multimillion-dollar state government rescue package. The Victorian government on Sunday unveiled the $14 million plan which includes $8.2 million...[Read More]
Retailers under attack from weak demand, rising costs
3 June
Australian businesses are under fire from both sides as conflict in the Middle East drives up prices and weakens demand. After first lighting a fire under fuel costs, the impacts of the US-Israeli-led war in the Middle East have begun flowing...[Read More]
Small business switched off from electrification boom
3 June
Thousands of Australian small businesses are falling behind on electrification, weighing on national climate goals and leaving manufacturers exposed to gas market volatility. Many small and medium-sized businesses that rely on gas-powered heat to...[Read More]
Payday Super: why employers need to prepare now
28 May
From 1 July 2026, Australian employers will face one of the most important superannuation compliance changes in many years. Under the Australian Government’s Payday Super reform, employers will need to pay employee superannuation guarantee...[Read More]
Key person insurance: Protecting the people who keep your business moving
28 May
In many small businesses, success is not just built on products, systems or premises. It is often built around people. A founder who holds the client relationships. A senior technician who understands the systems. A sales manager who brings in...[Read More]
More young Aussies understand AI but they still fear it
27 May
Almost two in three young Australians think artificial intelligence will be used to eliminate jobs and only two per cent think it will create them. Despite their concerns, more Aussies say they have a strong understanding of the technology and...[Read More]
Jobless jump, Iran war shoot down fears of rate rise
27 May
The likelihood of a rate hike in June has shrunk after a surprise jump in the unemployment rate showed the Iran war is having a material impact on Australia’s economy. While bad news for workers, the rise in the jobless rate from 4.3 per cent to...[Read More]
Labor happy with softer housing market since budget
27 May
Softer auction rates are a sign tax changes in the federal budget are making things easier for first home buyers, the housing minister says, as Labor weathered another day of criticism from investors and entrepreneurs. Auction clearance rates held...[Read More]
Governments warned not to hold back AI, tech start-ups
27 May
Australia is well-positioned to take advantage of the global boom in artificial intelligence but governments and regulators need to get the policy settings right so they don’t stifle start-ups. That’s the message from two of the country’s...[Read More]
Temporary fuel tax cut likely to remain temporary
27 May
Australia’s temporary fuel excise cut, which has brought down petrol prices, is likely to remain just that, federal Energy Minister Chris Bowen says. The three-month cut to the fuel excise started in April in response to soaring prices caused by...[Read More]