Commonwealth Bank quarterly trading update shows the housing market is still some way off touching the bottom. But it’s what comes after that we need to worry about.

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The man tasked with getting bikies hired on government building sites

Building & Construction

4d ago

The man tasked with getting bikies hired on government building sites

A CFMEU organiser told the Victorian royal commission the union appointed at least 11 bikie-linked men as health and safety representatives and helped one bikie with his parole.

#victorian #tzimas

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Sanjeev Gupta’s Infrabuild secures $375m in debt after legal win

Technology

4d ago

Sanjeev Gupta’s Infrabuild secures $375m in debt after legal win

Progress on the raising comes as Gupta’s languishing empire GFG Alliance on Tuesday struck a deal that would allow him to retain control of Infrabuild.

#sanjeev-gupta #infrabuild

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What happens when pilfered paintings come back to market?

Technology

4d ago

What happens when pilfered paintings come back to market?

Efforts to authenticate hundreds of works by Indigenous artist Sally Gabori that were “sold” through the back door are delivering in the saleroom and to the artist’s family.

#sally #gabori #indigenous

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AI is an inflation problem, but that’s not a reason to stop it

Business & Economy

4d ago

AI is an inflation problem, but that’s not a reason to stop it

To limit the inflationary and interest rate impact, governments should be cutting unproductive spending to make space for the private sector’s AI splurge

#interest-rates #inflation

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The fitness industry’s 80/20 gospel is copping heat

Health & Wellness

4d ago

The fitness industry’s 80/20 gospel is copping heat

Zone two training has surged in popularity over the past few years. Exercise scientists say we may have oversold its importance for weekend warriors.

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Melbourne heavyweights sell Toorak home for $25m after hefty discount

Property & Real Estate

4d ago

Melbourne heavyweights sell Toorak home for $25m after hefty discount

To meet the market, developer David Deague and wife Kristene cut $8 million from initial hopes for their long-held family home in Melbourne’s priciest suburb

#melbourne #toorak #deague

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Fifth Estate defies market carnage with new $250m small caps fund

Business & Economy

4d ago

Fifth Estate defies market carnage with new $250m small caps fund

Fifth Estate’s pitch to investors pointed out the small end of town was “approaching discounts not seen for 20 years”.

#fifth-estate

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Everything Jensen Huang said about China is out the window

Technology

4d ago

Everything Jensen Huang said about China is out the window

The Nvidia CEO’s fall from grace seems so shocking partly because the honey-trap story feels so depressingly low-tech.

#china #huang #jensen

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David Jones set to shut half of its stores

Technology

4d ago

David Jones set to shut half of its stores

FTI Consulting is due to speak with suppliers today, when it is expected to announce the closure of 19 of 38 David Jones locations.

#jones

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Kennedys warn Trump’s new arch would denigrate JFK grave site

World News

4d ago

Kennedys warn Trump’s new arch would denigrate JFK grave site

The legal filing argues the arch would cast a shadow on the Kennedy family graves and disrupt the sight line from the flame memorialising the former president.

#trump #jfk #kennedy

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After US midterm election loss Donald Trump, new White House chief of staff Stephen Miller set to struggle in Congress

World News

4d ago

After US midterm election loss Donald Trump, new White House chief of staff Stephen Miller set to struggle in Congress

The US president’s acceptance of last week’s midterms drubbing was a mirage. His elevation of Stephen Miller is the reshuffle version of a middle finger.

#us-midterms #white-house #trump

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