Business News

Electricity prices are spiking, ten times as much as normal. Here are some educated guesses as to why

Written by Bruce Mountain, Director, Victoria Energy Policy Centre, Victoria University

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Electricity prices in the short-term (“spot”) wholesale markets in Australia are surging again.

As I first drafted this, at 11.30pm on Tuesday, while electricity demands were not high, the prices quoted for each five-minute interval in Queensland, NSW, Victoria and South Australia were around A$250 per megawatt-hour, roughly...

Contractor or employee? How a proposed law change will favour Uber over its drivers
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Many Australians secretly use AI at work, a new report shows. Clearer rules could reduce ‘shadow AI’
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Australia used to lead the world on shorter work hours – we could do it again
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Reducing Overhead Costs with Smart Office Technology
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Many parents – mostly mothers – lose family payments from the first dollar they earn. Here’s how we could fix it
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Small business, big pressure: why the backbones of the NZ and Australian economies need more support
Bevan Goldswain/Getty ImagesSmall and medium-sized enterprises (SMEs) are the backbone of the Australian and New Zealand econ…

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…

Things To Consider When Purchasing A Rental Property
Buying real estate to use as a rental property is a wonderful investment opportunity since it is almost always going to increase in value over time. It can also be…

A national living wage is on the table. Now let's talk about a global living wage
Australia's Harvester Judgement of 1907 defined a living wage as 'fair and reasonable' payment sufficient for an unskilled worker to support a family in reasonable comfort.www.shutterstock.comThe idea of the living…
Stranger than fiction. Who Labor's capital gains tax changes will really hurt
The losers from Labor's capital gains tax policy aren't all where you would expect them to be, whatever you expect.ShutterstockLabor is going into the election promising to tax capital…
Bahrain Property Show 2018: How does it reflect the real estate market development in Bahrain
It is no secret that the Arabian Peninsula and the Gulf Cooperation Council (GCC) countries are currently going through a lot of pivotal changes. Such changes do not include economic…

Beyond the Banks: Why Agility and Tech Integration Are Defining the Future of Lending in Australia

In Australia’s evolving credit landscape, non-bank lenders are no longer merely filling gaps left by traditional institutions; they are actively r...

Carma appoints Owen Wilson as Chair of the Board

Carma’s next phase of growth to be guided by REA Group’s outgoing CEO who oversaw realestate.com.au rise to be Australia's #1 place for property ...

Digital Upgrade to Boost Efficiency Across Tasmanian Ports

TasPorts is undertaking a multimillion-dollar digital transformation that will improve efficiency, and enable smarter, more sustainable operations a...

Simplifying ecommerce integrations: How to streamline your setup without the stress

In today’s fast-moving retail world, having an ecommerce presence isn’t optional. Platforms like Shopify, WooCommerce, and Squarespace have lowered...

Shop Small Returns to Back the Small Businesses Supporting Local Communities

The annual Shop Small movement by American Express is returning for its 13th year in Australia to galvanise support for the country’s vibrant smal...

Introducing Commerce, the New Parent Brand of BigCommerce, Feedonomics and Makeswift, Powering an AI-Driven Future

Commerce’s open, intelligent ecosystem connects the tools and systems that drive growth and empower businesses to unlock data potential and deliver ...