Australian News Today

Category : Bussiness

Live: ASX set for positive start on a solid lead from Wall Street

Good morning and welcome to another week on the ABC markets and finance blog.Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of th

Financial horror stories are emerging from these gated villages across Australia

For almost a decade, pensioners Trish Reece and her husband Wayne have been living in a gated village in Shepparton in regional Victoria, run by the controversi

Hackers posted malicious advertising on Aami’s Facebook business account costing her $10,000 in four hours

Aami Mills has a love-hate relationship with social media.The Queanbeyan-based young mum launched her reusable cloth nappy business in late 2020.In doing so, sh

Do financial regulators really understand how much many Australian mortgage borrowers are struggling?

The Reserve Bank keeps telling us everything is OK, that Australia is still on the narrow path to conquering inflation without a recession and that most home ow

Car repossessions surge in new sign of financial pain hitting Australian households

Car repossessions are rising sharply in Australia, in a sign of increasing financial distress that can have traumatic consequences on households, including robb

These pop stars are virtual. Can they save Australia’s ailing music business?

Hatsune Miku is not like other pop stars.She has played the part well for almost two decades: selling out shows, releasing hits and attracting fans.But despite

Hope for outback NSW miners as major mine bought by newly formed company

In short: The CBH Resources Rasp Mine in Broken Hill has been sold to Broken Hill Mines Limited.The transfer has saved 120 workers' jobs.What's next? CBH Reso

Drilling company fined $385k after rig worker’s head crushed

In short: A Magistrate has fined a drilling company $385,000 after a worker was seriously injured at a remote exploration camp in WA. Boart Longyear is one of

Why your next round at the pub could be a lot more expensive

Australians could soon be paying more for their pint at the pub, as the hospitality industry feels the pressure of soaring alcohol taxes.Business owners are ple

South Australian seafood company heir jailed after pleading guilty to child exploitation offences

In short:South Australian seafood company heir Marcus Cappo has been jailed for four years after pleading guilty to child exploitation charges.The District Cour

Sad reason this Aussie business has gone cash only

A South Australian business has announced a move to cash only after multiple system outages caused thousands of dollars in losses and left the business struggli

Power-hungry data centres scrambling to find enough electricity to meet demand

In short:Energy experts fear the growing number of power-hungry data centres could make electricity more expensive.Data centres could consume as much as 8 per c