Business News

How can Australia pay $368 billion for new submarines? Some of the money will be created from thin air

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Australia’s decision to buy three nuclear-powered submarines and build another eight is so expensive that, for the A$268 billion to $368 billion price tag, we could give a million dollars to every resident of Geelong, or Hobart, or Wollongong.

Those are the sort of examples used by former NSW treasury secretary Percy Allan on the Pearls and...

Necessary Improvements to Make to Your Construction Business
Running a successful construction business requires continuous adaptation to a fast-evolving market. From finding new ways …
Living in ‘garbage time’: when 500 million Chinese change their spending habits, the world feels it
B.Zhou/ShutterstockChina’s economic rocket ride appears to be ending – or slowing, at least. Growth has declined …
Labor wants to give the minimum wage a real boost. The benefits would likely outweigh any downsides
Labor has called for an “economically sustainable real wage increase” for almost 3 million workers who depend on …
‘Behind every claim is a grieving family’. Death benefits inquiry demands change but lacks penalties
SeventyFour/ShutterstockWhen Lisa’s husband passed away unexpectedly, she assumed accessing his superannuation death be…
Reserve Bank holds rates steady, cautious about the economic outlook
The Reserve Bank of Australia left its benchmark interest rateunchanged at 4.1% today, stressing the uncertainty in the econo…
A ban on price gouging and new powers to break up supermarkets are on the table this election. Would either work?
wisely/ShutterstockWith the federal election campaign now underway, Prime Minister Anthony Albanese has promised that if re-e…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Renting a House? Why Renting Furniture Makes Perfect Sense
Moving into a new rental property is an exciting milestone, but it also comes with many decisions—one of the biggest being how to furnish your home. Buying furniture outright can…

Learn About Gold Investments, Buy Gold And Silver, Physical Gold IRA
The decision to put your money into gold bullion could prove to be quite profitable, but only if you take the time to learn everything there is to know about…
3 scams to beware of this tax season
It’s tax season in Australia and unfortunately along with this comes a number of tax scams that you should be aware of. The truth is that the materials and processes required…
carsales mediahouse launches its largest media innovation leap yet
At its upfronts today, carsales debuted a new strategic direction for its long-standing media arm. The announcement sees carsales mediahouse elevate its offerings to match global digital benchmarks, while retaining…

ATO scrutiny not slowing surge in small business restructures

Small Business Restructuring (SBR) appointments have tripled in the first half of the 2025 financial year¹, revealing both growing awareness of th...

Temu expands partnership with Adyen as it launches across more markets

Adyen, the financial technology platform of choice for leading companies, today announced its expanded partnership with Temu, the global e-commerc...

Blend AI scales up in the USA following ecommerce success

Sydney, Australia – 1st April, 2025: Blend AI, a leading Australian adtech company, has announced the opening of its first US office in Austin, Te...

Why the Way We Think About Employee Wellbeing Is Holding Us Back

Workplace wellbeing has finally reached the mainstream. It’s no longer seen as a ‘nice to have’ or an afterthought—it’s a core business issue. But d...

Samsara Eco expands global leadership team

Industry heavyweights join Samsara Eco to accelerate its enzymatic recycling technology Chief Innovation Officer and Executive Product Director a...

National Print Awards Announce Ricoh Women in Industry Award

The National Print Awards (NPAs) are proud to introduce the Ricoh Women in Industry Award, a prestigious new accolade recognising and celebrating ...