Schroder’s head of Australian equities research Justin Halliwell talks artificial intelligence, lithium and investing in CSL when the shares were at $100.

#australia #justin #halliwell

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Wall Street is dumping bitcoin. Australians reckon ‘she’ll be right’

Business & Economy

2d ago

Wall Street is dumping bitcoin. Australians reckon ‘she’ll be right’

A brief post-election rally has unravelled after US investors pulled billions of dollars last week, but local investors aren’t panicking yet.

#australia #bitcoin #cryptocurrency

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Australia must host AI training to give teeth to Labor’s new regulator

Technology

2d ago

Australia must host AI training to give teeth to Labor’s new regulator

A regulator can only regulate models it can reach, and rules can only be enforced if companies have people, assets, and operations based onshore.

#australia #labor

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Major banks splashed $30m in executive buyouts to secure top talent

Business & Economy

2d ago

Major banks splashed $30m in executive buyouts to secure top talent

Disclosures reveal the four companies have promised $29.4 million to buy out forgone bonuses and shares in a bid to lure recruits in the last financial year.

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For Fortescue’s sake, the Forrests should clarify relationship plans

Business & Economy

2d ago

For Fortescue’s sake, the Forrests should clarify relationship plans

Andrew and Nicola could be forgiven for thinking this stuff is no one else’s business, but unfortunately, it is other peoples’ business. Big business.

#forrests #fortescue #nicola

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Sydney pubs sell for 20pct less than their purchase price

Australia & Pacific

2d ago

Sydney pubs sell for 20pct less than their purchase price

Oscars Group has purchased Darlinghurst’s Kinselas and Courthouse hotels for $54 million, which is $7 million less than the asking price three years ago.

#oscars #darlinghurst #kinselas

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Sydney’s Kinselas Hotel and Courthouse Hotel sell for $54m

Australia & Pacific

2d ago

Sydney’s Kinselas Hotel and Courthouse Hotel sell for $54m

Oscars Group has purchased Darlinghurst’s Kinselas and Courthouse hotels for $7 million less than the asking price three years ago.

#kinselas-hotel #courthouse-hotel #oscars

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Huang it: Sharon AI attracts global heavyweights for $4.7b financing

Technology

2d ago

Huang it: Sharon AI attracts global heavyweights for $4.7b financing

The mammoth potential financing comes after Sharon AI in June inked a six-year agreement with American chipmaker Nvidia.

#huang #sharon #usa

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These founders built an AI tribute to their EY administrator

Technology

2d ago

These founders built an AI tribute to their EY administrator

Morgan AI – named after EY restructuring partner Morgan Kelly – helps administrators quickly ingest messy data, extract information and automate workflows.

#morgan #kelly #abulafia

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Inquiry cranky at redactions, omissions on Allan and Andrews comms

Politics & Governance

2d ago

Inquiry cranky at redactions, omissions on Allan and Andrews comms

The royal commission has raised serious questions about redactions to state documents and called for evidence from Daniel Andrews’ former top adviser.

#allan #andrews #infrastructure

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NextDC in fight with former manager over millions in commissions

Technology

2d ago

NextDC in fight with former manager over millions in commissions

Under-pressure data centre player NextDC faces a lawsuit from a former sales manager who claims he’s owed millions of dollars in commissions.

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Banks, super funds to face landmark AI stress test

Business & Economy

2d ago

Banks, super funds to face landmark AI stress test

APRA boss John Lonsdale said major institutions were “not where they needed to be” on artificial intelligence-based threats.

#prudential

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