Australia
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Qantas Offshores 850 Roles to India in AI Overhaul Amid Union Backlash
Qantas is cutting 850 Australian jobs and outsourcing back-office functions to Accenture in India, sparking union criticism and…
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New Home Sales Drop Across All Five States, HIA Reports 19.3% Quarterly Decline
SYDNEY, September 16 — The story begins with a number the housing industry had been dreading. New home…
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KPMG whistleblower exposes systemic misconduct, was turned away
CANBERRA, Sept. 4 — Australia’s corporate regulator closed a whistleblower complaint against KPMG within days of receiving it,…
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Australian Stocks Fall Almost 1% as US Strikes on Iran Lift Oil and Bond Yields
SYDNEY, Sept. 2 — Australia’s benchmark S&P/ASX 200 index closed at 8,978.4 points on Wednesday, down 88.3 points,…
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Australian Businesses to End Card Surcharging on October 1
Sydney, September 1 — The Reserve Bank of Australia has announced significant changes to the way businesses handle…
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Hunter region set to gain $12b train manufacturing hub
SYDNEY, July 3 — New South Wales Premier Chris Minns is expected to pledge $12 billion to revive…
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Minns pledges $12 billion to bring train manufacturing back to the Hunter
The Hunter region has been waiting more than a decade for this. On Wednesday morning, New South Wales…
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Developer Withdraws $4.8m Katoomba Data Centre Plan After Community Backlash
In north Katoomba, a block from a school and beside a park, a proposed data centre sits in…
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Economists Split on Whether Housing Tax Changes Favour Regional Investors
SYDNEY, June 28 — For families in mining towns and farming communities, the rent check has always told…
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Tax changes shift property investment calculus toward regional landlords
For decades, the math of Australian property investment was simple. Buy in a city, watch the value climb,…
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Economists Disagree Whether Tax Changes Favour Regional Landlords Over City Investors
The tax changes reshaping Australia’s housing market land hardest on a specific kind of landlord: the one who…
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How Australian Businesses Are Rethinking CRM in the Age of AI Agents
SYDNEY, June 25 — Australian businesses are rethinking their approach to customer relationship management, and the arrival of…
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Tasmanian department says it underpaid 908 staff about $470,000; union says overpayments match
The Community and Public Sector Union says the problem runs both ways. Around 900 staff in Tasmania’s Department…
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Australia pledges action on H5N1 after bird flu case confirmed
CANBERRA, June 20 — Australia has confirmed a case of bird flu, specifically the H5N1 strain, prompting the…
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NSW Airdrops Vegetables to Feed Rock-Wallabies Stranded by Bushfires
The month-long bushfires in Australia have created an adverse impact on the wildlife, with millions of animals killed…
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Economists put Australia’s bushfire cost above $2 billion and still climbing
Several companies in Australia, including resorts, factories and insurance firms, have been reportedly hit as the summer’s devastating…
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NAB Slammed for Charging Fees to Deceased Customers and Others
On February 4, 2019, a Royal Commission report revealed that the National Australia Bank (NAB) had been charging…
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ANZ paid $50 million over BBSW rigging; court papers later implicated its CEO
On June 4, 2018, it was reported that the Australia and New Zealand Banking Group Limited (ANZ) had…
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Commonwealth Bank offers record $700m fine over 53,000 suspect transactions
On August 7, 2017, the Commonwealth Bank of Australia, one of the country’s largest financial institutions, is confronting…
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How the Century-Old Jones Act Shapes Fuel Costs and Regional Shipping in Hawaii
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How Router Failures and Outdated Tech Triggered the Nationwide FAA Ground Stop
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Why Soaring Jet Fuel Costs and Surging Demand Mean High Airfares Are Here to Stay
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Private Equity Takeover of easyJet Risks Higher Fares and Service Cuts
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Inside Archer-Daniels-Midland’s Strategy for Scaling Global Agribusiness
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