RBA governor Michele Bullock isn’t sugar-coating what’s coming. But artificial intelligence disruption may add a new element of pain to a traditional slowdown.

#rba #bullock #canva

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Midterm blue wave delivers stunning rebuke to Trump

World News

1w ago

Midterm blue wave delivers stunning rebuke to Trump

Democrats flipped at least six Senate seats at the midterms in a blue wave that rippled across the United States as voters punished Donald Trump’s presidency.

#trump

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Absurd to ask King Charles to say sorry for slavery Britain stopped

World News

1w ago

Absurd to ask King Charles to say sorry for slavery Britain stopped

In 1792, William Pitt stood up in the UK parliament to call “an atonement for our long and cruel injustice”. Doesn’t that count as an apology?

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Mystery men behind firms that paid millions to gangsters, accountants

Technology

1w ago

Mystery men behind firms that paid millions to gangsters, accountants

One director says he was so high on illegal drugs he could not recall anything about the business; another director is set to be examined by the crime commission.

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Why headline fees don’t tell the whole story on ETFs

Business & Economy

1w ago

Why headline fees don’t tell the whole story on ETFs

Investors have embraced ultra-low management fees, but some fund managers argue true costs depend just as much on other factors.

#australia

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NAB backs down on Christmas redundancies after backlash

World News

1w ago

NAB backs down on Christmas redundancies after backlash

Chief executive Andrew Irvine is expected to face questioning next week in parliament over the handling of the bank’s restructuring.

#nab #christmas

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ASX profits slashed at fastest pace since COVID amid recession fears

Business & Economy

1w ago

ASX profits slashed at fastest pace since COVID amid recession fears

Within just four months, analysts have halved their earnings forecasts for the financial year to just 7 per cent.

#asx #covid #recession

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Pub mogul Tom Wallace arranged Adgemis’ legal funding, consulting deal

Business & Economy

1w ago

Pub mogul Tom Wallace arranged Adgemis’ legal funding, consulting deal

Failed businessman Jon Adgemis was being questioned by liquidators in the Federal Court following the $1.8 billion collapse of Public Hospitality Group.

#adgemis #hospitality #wallace

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Ryan Stokes’ media chess game nears checkmate

World News

1w ago

Ryan Stokes’ media chess game nears checkmate

The mining and media mogul’s Southern Cross manoeuvring has a certain elegance about it.

#ryan-stokes #chess #cross

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Qantas sells 24-year-old planes, eyes replacement jets this year

Sports

1w ago

Qantas sells 24-year-old planes, eyes replacement jets this year

The workhorse of the airline’s fleet is staying around until the mid-2030s, as the airline finds a buyer for 44 Boeing 737-800s.

#boeing

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Dion Hershan’s Yarra Capital in advanced talks to sell to global giant

Business & Economy

1w ago

Dion Hershan’s Yarra Capital in advanced talks to sell to global giant

Yarra’s ownership shake-up comes amid a generational change among several fund managers who commanded newspaper headlines and ECM deals over the past decade.

#dion-hershan #yarra #asset

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Heidi Health co-founders exit weeks after unicorn milestone

Technology

1w ago

Heidi Health co-founders exit weeks after unicorn milestone

Yu Liu and Waleed Mussa announced their departures nearly two months after the Blackbird-backed AI medical scribe platform reached unicorn status.

#heidi #liu #waleed

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