Australian News Today

UK’s bet on PsiQuantum is one-fiftieth the size of Australia’s

Mark Thompson, a British quantum engineer, returned from PsiQuantum’s Palo Alto headquarters to take charge of setting up shop in his homeland.It is the first

Live: ASX opens lower as federal budget dominates week ahead

Good morning! I'm Stephen Letts from the ABC's business team, and along with Michael Janda and Kate Ainsworth, we'll be taking you through the day's play on the

Takes off like a helicopter, flies like a plane, this all-electric hybrid aircraft could change the way we fly

In short: Testing is underway for a hydrogen-powered electric aircraft developed by Australian startup, AMSL Aero.The company received its first commercial ord

How 1-cent transactions are being used to deliver abusive messages

In short: An ongoing Commonwealth Bank pilot tackling financial abuse has identified strong enough cases to refer to police.The bank said people transfer low-v

Back in business? PwC Australia wins new taxpayer-funded contract as government sets date for potentially more

In short: PwC Australia is winning more government work, despite multiple investigations continuing into potential criminal behaviour by members of the firm.Th

‘It’s a complete s***show’: Inside the franchising scandal at global cosmetic giant Laser Clinics

"Con artists", "amateurs", "Avoid! Avoid! Avoid!" are some of the more polite reviews that lit up social media when a global retail franchise network started cl

Budget to help easing Australia inflation, says government

Palestinian Australians urge university to cut ties with company supplying steel to Israel

In short: Young Palestinians are among those taking part in student camps at Australian universities, opposing the institutions' ties with Israel.University of

‘It’s so shameful’: Seasonal workers, tourists stranded as Air Vanuatu enters voluntary liquidation

In short: Air Vanuatu is in voluntary liquidation and Ernst & Young have taken control of the national airline.Authorities are unable to say when internatio

ASX closes in positive territory after Bank of England holds rates steady — as it happened

Westpac's economic team has just circulated a note that explains how they're thinking about things.The bank's chief economist, Luci Ellis, has some really inte

The government’s future gas policy first must ensure Australia’s future gas needs

Almost immediately after Resources Minister Madeleine King unveiled her plans for an expansion of our gas industry, the sniping began, the battle lines already

Australia increases financial support to Tuvalu in face of competition with China

In short: Australia boosts funds to Tuvalu amid Pacific competition for influence with China.Penny Wong says Australia has committed $110 million in its nat