Financial relief for businesses hit by Middle East war
Truckies, fuel suppliers and fertiliser producers will be among businesses able to get interest-free loans from the federal government to lessen the impact of the war in the Middle East.…
SpaceX registers to take rocket maker public: reports
Elon Musk’s SpaceX has confidentially filed for a US initial public offering, a person familiar with the matter has told Reuters, setting the stage for what could become the largest…
Schooling shortfall at Olympic venue’s housing project
A major housing project at the home of Australia’s last Olympics is on the cards, but details about surrounding schools remain scarce. The 2050 master plan for Sydney Olympic Park…
‘Better world’: inside Australia’s pact with AI giant
A US tech giant has agreed to co-operate with Australia on AI safety as its chief executive stresses the importance of regulating the controversial technology. Anthropic chief executive Dario Amodei…
Shares surge on hopes of US Iran exit but risks remain
Australia’s share market has bounced sharply on optimism the US will wind down its military campaign against Iran, but doubts remain and aftershocks from the conflict are likely to linger.…
Stagflation risk: Chalmers heeds budget warning
Australia is staring into a stagflation abyss brought about by the war in the Middle East, making meaningful budget reform all the more timely, former Treasury boss Martin Parkinson says.…
Gas giants and coalition harden line against export tax
Calls for a 25 per cent tax on gas exports have been rubbished by energy producers and the federal opposition. Days after Liberal industry spokesperson Andrew Hastie expressed openness to…
Wollongong University Inc. Profit over jobs as consultants prosper
The University of Wollongong has shed hundreds of jobs with leaders claiming financial hardship, despite good cash flow and thriving consultants. Adam Lucas and James Guthrie report. This week’s Four…