Asia stocks rise on AI and rates optimism
Asian shares have had a lift from Wall Street thanks to a fresh wave of optimism over artificial intelligence, as investors braced for a busy day headlined by the Federal…
Cracks in the NACC. Brereton protected while corruption remains hidden
The National Anti-Corruption Commission (NACC) is engulfed by missteps and scandals, further diminishing trust and confidence in the Labor Government. John Adams reports. Not a week can go by without…
Latex giant Ansell bullish despite Trump’s tariff moves
Personal protective equipment giant Ansell is confident it can ride out a tariff storm, labour rights concerns in Malaysia, and a US investigation into medical imports. The Melbourne-headquartered business staged…
Twisted games: young girls targeted by online gangs
Young girls are being hunted by young men online who are coercing their vulnerable victims into carrying out “twisted” acts of violence, the new head of the federal police warns.…
Airport screening costs up. What’s the scam?
The Senate has voted for an inquiry into regional air travel. Not before time, says Rex Patrick, airport screening costs are forcing up prices in the regions. Everyone wants air…
Double standards call over billion-dollar smelter offer
The potential billion-dollar bailout of Australia’s biggest aluminium smelter looks like “double standards”, according to a state Liberal government trying to keep its own facility operational. Tomago Aluminium, which is…
All eyes on inflation for crucial interest rate clues
Crucial inflation figures may be the final piece in the puzzle for the Reserve Bank on what it will do next on interest rates Inflation data for the September quarter…
Gates urges climate fight focus shift to cut suffering
Billionaire investor and philanthropist Bill Gates thinks climate change is a serious problem but it will not be the end of civilisation. He thinks scientific innovation will curb it, and…
Amazon cuts 14,000 jobs as spending on AI ramps up
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence. In June, CEO Andy Jassy, who has aggressively sought to cut costs…
What’s the scam with Victor Chang suspending, bagging then advertising Peter Macdonald?
MWM has heard from readers who have been out and about in Sydney shopping centres that Victor Chang Cardiac Research has taken the brazen step of using a brochure to…