Head of corporate regulator to step back from role
The head of Australia’s corporate watchdog is set to step down and won’t seek a reappointment in the role. Australian Securities and Investment Commission chair Joe Longo said he will…
Islamophobia in Australia, antisemitism’s ignored cousin
The National Response to Islamophobia report confirms what Muslim Australians have long known: anti-Muslim prejudice is systemic. Professor Fethi Mansouri calls for rethink. The report was released this week by…
In-flight meals: Uber Eats to launch drone delivery
Uber Eats will soon be making some meal deliveries with drones. Uber Technologies is partnering with drone company Flytrex, the company says, and deliveries are expected to begin in test…
Doubts over Australia’s pathway to a lower carbon 2035
Slashing emissions from heavy industry, speeding up the renewables rollout and a kerbside charger blitz feature in Australia’s updated climate action pledge. The commitment to a 62-70 per cent emissions…
National economy still stuck in ‘productivity malaise’
Australia’s productivity performance improved in the June quarter, but weak capital investment is still holding back growth in living standards, the Productivity Commission says. Growth in labour productivity – or…
Trump hails US, UK’s ‘unbreakable bond’ at talks
The UK and US have an “unbreakable bond”, President Donald Trump has told at a meeting with business leaders at Chequers. The US leader described his second state visit to…
PM spruiks ‘sweet spot’ climate target, rejects critics
Australia’s pledge to cut emissions by more than 62 per cent but up to 70 per cent hits the “sweet spot” between credibility and ambition, the prime minister has declared.…
Signs of cooling labour market in surprise job numbers
Australia’s labour market shows signs of cooling with a surprise fall in employment, raising the case for more Reserve Bank interest rate cuts. Although the unemployment rate held steady at…
‘Shady practice’: Kmart face-scanning breaches privacy
Retail giant Kmart has been called out for “playing fast and loose” with customers’ privacy by scanning the faces of unwitting shoppers at dozens of stores. Privacy Commissioner Carly Kind…
Santos shares slide as ship sails on $30b takeover deal
Shares in a major Australian gas producer have dropped by double digits following the collapse of what would have been the biggest all-cash transaction in Australia’s corporate history. Santos shares…