ASIC probes failed $44B Firmus IPO over investor demand claims
Australia’s corporate regulator is examining the abandoned sharemarket listing of AI infrastructure company Firmus amid concerns about investor demand disclosures and potential…
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AI errors create financial and operational risks for Australian businesses
Artificial intelligence (AI) mistakes are creating challenges for Australian businesses, with almost half of workers reporting that the…
New report: 58% of F&B manufacturers say organisation is less productive despite tech investment
Nearly six in ten Australians working in food and beverage manufacturing (58.4%) believe their organisation is becoming less…
Australians pause property plans amid market uncertainty
New Westpac research has found millions of Australians are delaying major property decisions as affordability, house prices and…
NAB: Triple squeeze hits business confidence
A triple threat of higher interest rates, global uncertainty and elevated fuel and diesel costs is weighing down…
Cue and Veronika Maine to shut 26 stores as search for buyer continues
Australian fashion retailer Cue Clothing Co is closing a further 26 stores across its Cue and Veronika Maine…
House prices to keep falling for another year: API survey
Australian dwelling prices could fall 8% to 11% from their March peak before beginning to recover in 2027, according to a new property industry survey. Homes are forecast to keep getting cheaper for…
Firmus IPO withdrawal raises questions over Australia’s AI infrastructure boom
Australian AI infrastructure company Firmus has reportedly withdrawn plans for a $44 billion listing on the Australian Securities Exchange (ASX), raising questions about investor…
CBA: Why oil prices are still high despite recovering supply
Oil prices are holding above $US100 a barrel even as crude…
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ASIC tightens AI trading safeguards in market integrity rules
ASIC is strengthening safeguards for automated and AI-enabled trading while streamlining regulatory…
Global banks collaborate on principles for trusted agentic commerce
Commonwealth Bank has joined ASB Bank, Bank of America, Capital One, ING…
‘No plans’ to restore cuts to Australia’s fuel excise as petrol prices creep up
The federal government has today shut down the possibility of restoring cuts…
New Innovation Index maps Australia’s business innovation strengths
New Melbourne Institute research developed in partnership with CommBank draws on 18…
NEXTDC offers $1.1 billion to support data centre expansion
NEXTDC has secured $1.1 billion through a convertible notes offering as the…
Victoria’s work-from-home laws delayed until after state election
Victoria’s proposed work-from-home laws are unlikely to pass parliament before the November…