Business

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Australia’s GDP falls by 1.9% as Covid contraction less severe than feared
Result surprises economists, who mostly tipped a 2.5%-3% contraction

Peter Hannam

01, Dec, 2021 @2:52 AM

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Australia’s biggest privately funded battery under construction at Hazelwood power station site
Engie closed the coal-fired plant in 2017 and expects its new $150m battery to be operating by November 2022

Ben Butler

01, Dec, 2021 @2:47 AM

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Work doesn’t need to a be a finish line you cross at the end of an exhausting week | Amanda Wallis and Gaynor Parkin
By tackling presenteeism, we can make the most of our days at work, and treat our non-work time as a chance to do more of what we love

Amanda Wallis and Gaynor Parkin

30, Nov, 2021 @12:33 AM

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Westpac admits it broke law and agrees to pay $113m in penalties
Asic hit bank with six lawsuits over shoddy treatment of customers – including charging fees to dead people

Ben Butler

30, Nov, 2021 @12:17 AM

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Don’t be fooled by Australia’s GDP growth – buying more things is not a good measure of our welfare | Jessica Mizrahi
Using GDP to assess wellbeing is a flawed view which has led us to narrow, short-term decision-making

Jessica Mizrahi

28, Nov, 2021 @10:46 PM

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Australia’s Future Fund invested in weapons manufacturers that have sold arms to Myanmar military
Sovereign wealth fund’s holdings include 14 companies that have done business with military which has killed more than 1,200 since coup

Ben Butler and Ben Doherty

28, Nov, 2021 @7:00 PM

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Wentworth campaign: Allegra Spender says Dave Sharma needs to ‘get out of the way’ after climate failures
Daughter of late fashion designer Carla Zampatti points to low number of female Liberal MPs and asks ‘when is this going to change?’

Anne Davies

27, Nov, 2021 @3:05 AM

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Australian executive pay ‘roars back’ with 70% increase for top 50, analysis finds
Data shows Kogan boss’s pay up 1,400%, while Macquarie Group CEO’s package is highest at $15.97m

Ben Butler

26, Nov, 2021 @4:49 AM

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Black Friday: how readers’ shopping went from frenzy to frustration
Shoppers share some of the purchases they’ve made that they are already regretting

Sarah Ayoub

26, Nov, 2021 @2:43 AM

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Shares in Australian-listed buy-now-pay-later companies plummet by up to 96%
Zip’s announcement of $653m loss in August ‘shocked many’, as sector lost $1bn overall in 2021

Ben Butler

25, Nov, 2021 @5:55 AM

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‘Just weren’t careful enough’: ASX shakeup imposed by Australia’s corporate regulator after daylong outage
Asic says Australian Stock Exchange failed to follow own risk procedures in botched technology upgrade that stopped trade last November

Ben Butler

24, Nov, 2021 @2:44 AM

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Cryptocurrency ‘no passing fad’: minister warns against Australia being left behind
Financial services minister Jane Hume has compared doubters to those who thought the iPhone would never take off, just days after an RBA caution over a crash

Josh Taylor

22, Nov, 2021 @5:39 AM

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