Business News

One year on, El Salvador's Bitcoin experiment has proven a spectacular failure

Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra

A year ago, El Salvador became the first country to make Bitcoin legal tender – alongside the US dollar, which the Central American country adopted in 2001 to replace its own currency, the colón.

President Nayib Bukele, a cryptocurrency enthusiast, promoted the initiative as one that would deliver multiple economic benefits.

Making...

AI companies want copyright exemptions – for NZ creatives, the market is their best protection
Getty ImagesRight now in the United States, there are dozens of pending lawsuits involving copyright claims against artificia…
How much money do you need to be happy? Here’s what the research says
Over the next decade, Elon Musk could become the world’s first trillionaire. The Tesla board recently proposed a US$1 t…
NZ First wants a compulsory KiwiSaver. Boosting the Super Fund is a better bet
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ANZ has been hit with a record $240 million fine. These lessons should have been learned years ago
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This report measures our national wellbeing across five key areas. Health trends are not improving
In 2023, Treasurer Jim Chalmers announced the government would measure what matters to the wellbeing of Australians as a comp…
Private toll roads are supposed to save taxpayers’ money, but can have these hidden costs
If you’ve ever driven in Sydney, Melbourne or Brisbane, chances are you’ve used – or steered clear of &ndas…

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…

5 Reasons to Hire a Building Contract Lawyer Before Your Next Construction Project in Melbourne
If you're planning to build, renovate, or develop a property in Melbourne, you might be focusing on finding the right architect, builder, or project manager. But there’s one professional most…

NZ kids will be at school for just 8 days in April – but there are ways for parents to…
Getty ImagesApril is set to be a challenging month for New Zealand’s working parents. Their children will be in school for a total of eight days thanks to the timing…
No, a 'complex' system is not to blame for corporate wage theft
The heads of the Business Council of Australia and Australian Retailers Association are among those blaming "inadvertent payroll mistakes"on an overly complex industrial relations system. www.shutterstock.comIs Australia’s award system so…
These 'job snob' claims don't match the evidence
The latest claim that job-seekers are actively snubbing work opportunities flies in the face of research.www.shutterstock.comThe “job snobs” are back on the agenda.With some in the Australian government’s own ranks…

Manny Shah: Is your business disappearing from Google? You’re not alone

Small business owners across Australia are panicking as their websites vanish from Google’s front pages overnight. According to Manny Shah, cofounde...

MR Roads named Queensland Finalist in the 2025 Telstra Best of Business Awards

MR Roads, co-founded by Daniel Mikus and James Rolph, has been announced as a Queensland finalist in the prestigious 2025 Telstra Best of Business...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...